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S. 54 Deduction Can’t Be Restricted Merely Because New House Is Purchased Jointly With Spouse: ITAT

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...

Survey Disclosure Can’t Be Reclassified as Se. 69A Income Through Rectification U/s 154: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income...

Recorded Loan Transactions Can’t Be Treated as Unexplained Money: ITAT 

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Income Tax Revision Against Charitable Trust Over Rs. 6 Crore Utilisation of Accumulated Funds Quashed: Bombay High Court 

The Bombay High Court has dismissed an appeal filed by the Income Tax Department...

Non-Appearance Of Directors Alone Can’t Justify Treating Share Capital As Bogus: ITAT

The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has held that addition...

Unregistered Banakhat Alone Not Sufficient To Prove Timely Property Purchase: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has restored to the...

Mere Absence Of Complete Vouchers Can’t Justify S. 145(3) Addition: ITAT Deletes Ad-Hoc Disallowance On Transportation Expenses

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that ad-hoc...

Multiplex Lease Income Taxable as Business Income, Not House Property Income: ITAT 

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that income...

Capital Gains Taxability Must Follow Actual Date Of Property Transfer, Not Mere Sale Deed Registration Date: ITAT

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that capital...

Mere Error of Judgment by AO Can’t Invite Disciplinary Action Without Proof of Mala Fides: Rajasthan High Court

The Rajasthan High Court has held that mere error of judgment by the Assessing...

Karnataka High Court Quashes Ex-Parte Service Tax Demand Based on CBDT Inputs

The Karnataka High Court has set aside an ex-parte service tax adjudication order passed...

ITAT Delhi Encourages Virtual Hearings on Fridays, Seeks Reduced Physical Appearance

The Income Tax Appellate Tribunal (ITAT), Delhi Benches, has issued a notice adopting a...

Latest articles

S. 54 Deduction Can’t Be Restricted Merely Because New House Is Purchased Jointly With Spouse: ITAT

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...

Survey Disclosure Can’t Be Reclassified as Se. 69A Income Through Rectification U/s 154: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income...

Supreme Court Issues Notice on Centre’s Challenge to Telangana HC Verdict Striking Down ISD ITC Distribution Rule

The Supreme Court has issued notice on a Special Leave Petition (SLP) filed by...

5G Radio Unit Is Classified Under CTH 8517 6260: CESTAT 

The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...