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BREAKING NEWS
India’s Cotton Textile Exports Crossed $35.6 Billion in Last 3 Years says Union Minister  |  
Fix incoming for MetaMask bug that’s slowly killing solid-state drives  |  
UK working to sell $7B in seized Bitcoin to boost budget: Report  |  
Ethereum is scaling: TPS, gas limit up as validators back 45M target  |  
Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge  |  

September 8, 2025

Tag: income tax

India

ITAT Holds Reassessment Void Ab Initio as Notice Issued Beyond Three-Year Limit for Income Below ₹50 Lakh [Read Order]

ITAT Declares Reassessment Notice Invalid for Income Below ₹50 Lakh ITAT Declares Reassessment Notice Invalid for Income Below ₹50 Lakh In a significant ruling, the

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India

Cash Deposit Addition of ₹9 Lakh: ITAT Remands With One More Opportunity For Production of Documentary Evidence [Read Order]

ITAT Gives Second Chance in ₹9 Lakh Cash Deposit Case ITAT Grants Second Chance to Prove Source of ₹9 Lakh Cash Deposit In a significant

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India

SCN Issued for Property Purchase to Wrong Assessment Year: ITAT Quashes PCIT Order [Read Order]

ITAT Relief: Tax Notice Quashed Over Assessment Year Error ITAT Annuls Tax Order, Cites Critical Flaw in Assessment Year In a significant ruling offering relief

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India

Total Income 100% Tax-Exempt if S.80P Deduction Allowed: ITAT dismisses appeal noting No Effect on Disallowances [Read Order]

ITAT Upholds 100% Tax Exemption for Co-operative Society Under Section 80P ITAT Reaffirms 100% Tax Exemption Under Section 80P; Dismisses Co-operative Society’s Appeal In a

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India

CIT(A) Order Lacks Reasoning: ITAT Quashes ₹2.53 Cr LTCG Addition, Orders Fresh AO Assessment [Read Order]

ITAT Sets Aside ₹2.53 Crore LTCG Addition, Cites Lack of Reasoning in CIT(A) Order In a significant development for taxpayers, the Income Tax Appellate Tribunal

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India

No Income Tax Assessment Order Passed After ITAT’s Remand: Delhi HC Directs Acceptance of Return and Refund [Read Order]

Delhi HC Orders Income Tax Refund After Assessment Deadline Missed In a significant ruling, the Delhi High Court has directed the Income Tax Department to

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Recent Posts

  • India’s Cotton Textile Exports Crossed $35.6 Billion in Last 3 Years says Union Minister
  • Fix incoming for MetaMask bug that’s slowly killing solid-state drives
  • UK working to sell $7B in seized Bitcoin to boost budget: Report
  • Ethereum is scaling: TPS, gas limit up as validators back 45M target
  • Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge
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