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CBDT Transfers 57 Chief Commissioners, DGIT-Rank Officers; Additional Charge Arrangements Notified

The Central Board of Direct Taxes (CBDT) has ordered a transfer and posting exercise...

Reliance Trust, ISKCON, Hinduja Hospital & Breach Candy Move ITAT Against S. 12AB Cancellation Over ‘Commercial Activity’ Allegations

A major charitable trust operating a leading hospital in Mumbai, along with organisations such...

ITAT Deletes Global Income Addition After Holding No Basis for POEM in India Despite CIT(A)’s Own Findings

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside the addition of...

Income Tax Prosecution Quashed: Madras HC Holds Complaint Without Jurisdiction & Prior Assessment Is Abuse of Process

The Madras High Court has quashed criminal proceedings initiated against an assessee for alleged...

Land Transactions for School Expansion Doesn’t Undermine Charitable Status: ITAT Directs Grant of S. 12A Registration Renewal

The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has set aside the order of...

ITAT Remands ₹58.69 Lakh Addition on Demonetisation Cash Deposits, Grants Fresh Opportunity Citing Matrimonial Dispute Impact

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has set aside additions...

ITAT Deletes CPC Adjustments on Fixed Asset Loss and S. 43B Disallowance

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has deleted adjustments made...

Non-Issuance of S. 143(2) Notice Not Fatal in Belated Return Cases: ITAT Upholds Deletion of Rs. 4.59 Cr Addition on Export Sales 

The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has upheld the deletion of an...

No Disallowance Without Nexus Between Borrowed Funds and Non-Business Use: ITAT Upholds Deletion of Rs. 10.87 Crore Additions

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has affirmed the deletion...

Direct Tax Collections Rise 5.12% to Rs. 23.40 Lakh Crore in FY 2025–26

India’s direct tax collections for the financial year 2025–26 recorded a steady growth, with...

Mere Disallowance of Claim Doesn’t Amount to Furnishing Inaccurate Particulars: ITAT Deletes Penalty

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has deleted penalty levied under Section...

Mere ‘Insight Portal’ Inputs Held Insufficient to Sustain Rs. 89.28 Lakh Addition: ITAT

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside a reassessment initiated...

Latest articles

GSTN Mandates Ship-to GSTIN in e-Invoice and e-Way Bill APIs; Introduces Voluntary e-Way Bill Closure Facility from August 1, 2026

The Goods and Services Tax Network (GSTN) has issued a comprehensive advisory announcing significant...

GSTAT Delhi Bench Reaches Full Strength as Sanjeev Kumar Jain Takes Oath as Technical Member

The Goods and Services Tax Appellate Tribunal (GSTAT) has taken another significant step in...

CESTAT Allows Rs. 1.03 Crore CENVAT Credit on Tippers Purchased Before Notification

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has held that...

GST Records, Purchase Documents Sufficient to Discharge Burden Under Customs Act: CESTAT Orders Release of 3.65 Kg Gold

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