Judgement

The ITAT quashed the reassessment against Ishleen Kaur, holding that reopening under Sections 147/148 cannot be based on vague allegations and borrowed satisfaction without tangible evidence.

ITAT Invalidates Reassessment Proceedings, Holds Vague Reasons Cannot Justify Reopening Under Section 147

ITAT dismissed Revenue's appeals against IL&FS Energy, citing NCLAT's moratorium protection and directing tax claims to be pursued through the insolvency process.

ITAT Dismisses Revenue Appeals Citing NCLAT Moratorium Protection

Articles

Check AIS/Form 26AS, report all income, claim deductions with proof, choose the correct ITR form, and complete e-verification to avoid notices and refund delays.

ITR Filing 2026: 8 Common Mistakes That Can Trigger Tax Notices

The ITAT upheld the deletion of an addition of Rs 2.60 crore, holding that the nature of the business itself cannot be a basis to conclude that outstanding creditor balances are non-genuine.

ITAT Deletes Rs 2.60 Crore Addition, Holds Genuine Business Liabilities Can't Be Disallowed Merely Due to Cash Transactions

Notifications

The Central Government has notified the University of Hyderabad as an approved scientific research institution eligible under Section 45 of the Income-tax Act, 2025.

CBDT Approves University of Hyderabad for Scientific Research Tax Benefits Under Income-tax Act, 2025

ITAT held that a debatable PF/ESI disallowance issue could not be adjusted while processing the return under Section 143(1), as the law was unsettled at the relevant time.

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ITAT Invalidates Reassessment Proceedings, Holds Vague Reasons Cannot Justify Reopening Under Section 147

ITAT Dismisses Revenue Appeals Citing NCLAT Moratorium Protection

ITR Filing 2026: 8 Common Mistakes That Can Trigger Tax Notices

ITAT Deletes Rs 2.60 Crore Addition, Holds Genuine Business Liabilities Can't Be Disallowed Merely Due to Cash Transactions

CBDT Approves University of Hyderabad for Scientific Research Tax Benefits Under Income-tax Act, 2025

ITAT: Debatable PF/ESI Disallowance Cannot Be Adjusted Under Section 143(1)