No addition permissible on the basis of WhatsApp chats or screenshots as it lack evidentiary value without section 65B certification and corroboration: ITAT   Recently, Mumbai ITAT in the case of DCIT v. Niru Dhiren Shah (ITA No. 4294/Mum/2025) was concerned with the issue of evidentiary value of WhatsApp Chats in Tax Proceedings. Let us…

Addition under section 68 was unjustified as the creditworthiness and genuineness could not be re-examined for a loan already accepted in prior years: ITAT    Where assessee was subjected to reassessment for an alleged unsecured loan treated as accommodation entry but established through records that no fresh loan was received in relevant year and amount…

Employee granted TDS Credit as the employer after deducting the TDS failed to deposit with the Government Treasury   The tax department contends that credit of TDS can be granted only if TDS is paid to central government by the deductor and not otherwise per section 199. In this case employer failed to pay the…

Reassessment notices issued by JAO instead of FAO are invalid and unsustainable in law: Jodhpur ITAT   The Hon’ble Rajasthan High Court (Jodhpur Bench), in Darshan Dhankani vs. Principal Commissioner of Income Tax (Central), Jaipur & Ors. [Order dated 06.11.2025], has once again reaffirmed the judicial stand that reassessment notices issued by Jurisdictional Assessing Officers…

Entire property’s ALV cannot be taxed where only a part is let out; ALV must be proportionate to the let-out portions.   An interesting issue of treatment of Annual lettable Value of the properly arose before ITAT in the case of Asha Burman vs. ACIT, Circle 46(1), New Delhi-ITAT Delhi, ITA Nos. 539 to 544/Del/2024,…