Judgement

ITAT Condones 388-Day Delay Holding Technicalities Cannot Defeat Substantial Justice 

In a significant ruling, the ITAT quashed an income tax assessment after holding that the order attained legal existence only upon being digitally signed.

ITAT Holds Assessment Order Is Legally Complete Only After Digital Signature; Time-Barred Order Quashed

ITAT Holds No Disallowance under Section 14A if No Exempt Income is Earned  

Income Tax Department has released quarterly Forms 121, 138, 140, 143, 144, 147 and 148 on the e-Filing Portal for filing under Income Tax Rules, 2026.
 

Income Tax 2025 e-Filing Portal Update: Quarterly Forms Now Live

The ITAT held that a mere mismatch in a trade creditor's closing balance cannot justify an addition under Section 68 when the purchases, sales, and closing stock have already been accepted by the AO.

Mere Difference in Trade Creditor Closing Balance Cannot Justify Section 68 Addition When Purchases Are Accepted, Rules ITAT

The ITAT has upheld the disallowance of delayed employees' PF/ESI contributions under Section 143(1), ruling that CPC can make such adjustments while processing income tax returns.

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ITAT Condones 388-Day Delay Holding Technicalities Cannot Defeat Substantial Justice

ITAT Holds Assessment Order Is Legally Complete Only After Digital Signature; Time-Barred Order Quashed

ITAT Holds No Disallowance under Section 14A if No Exempt Income is Earned

Income Tax 2025 e-Filing Portal Update: Quarterly Forms Now Live

Mere Difference in Trade Creditor Closing Balance Cannot Justify Section 68 Addition When Purchases Are Accepted, Rules ITAT

Delayed PF/ESI Deposits Can Be Disallowed During ITR Processing, Holds ITAT