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Separate Addition for Demonetisation Cash Deposit Can’t Survive Once Income Is Estimated: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that where...

TDS Credit Can’t Be Proportionately Denied Merely Due to Form 26AS-Revenue Mismatch: ITAT

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

S. 68 Can’t Apply to Loan Receivable Shown as Debit Balance: ITAT 

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

Suspicion Over Penny-Stock Price Rise Cannot Sustain S. 68 Addition Without Transaction-Specific Evidence: ITAT 

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

COVID-19 Transfer Pricing Adjustment Can’t Be Rejected Merely Because Pandemic Affected All Enterprises: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that a...

Pending TDS Liability Appeal Can Directly Impact S. 40(a)(i) Disallowance: ITAT 

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

Same-Day ‘Approved’ Sanction Doesn’t Make Reassessment Mechanical: ITAT 

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that approval...

Judicial Orders Blocking TDS Override S. 201 Default: ITAT Deletes Tax Demand on LTC Payments Involving Foreign Travel

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has held that branches of a...

BSNL VRS Compensation Fully Exempt U/S 10(10B): ITAT

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that compensation received by...

Pre-Commencement Business Expenses Deductible Once Business Is Set Up: ITAT 

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has held that expenses incurred during...

S. 80P(4) No Bar to Deduction on Interest Earned From Co-operative Bank: ITAT 

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has held that interest earned by...

Dept. Can’t Fully Disbelieve Hospital’s Higher Cash Receipts During Demonetisation: ITAT Restricts Rs. 1.80 Crore Addition to Rs. 5 Lakh

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has substantially restricted an...

Latest articles

GST Registration Cancellation Quashed Over Missing Verification Report And Unexplained Retrospective Effect: Karnataka High Court

The Karnataka High Court has set aside an order cancelling a firm’s GST registration...

Internal Departmental Delays Can’t Extend GST Refund Appeal Deadline: Karnataka High Court

The Karnataka High Court has dismissed the department’s appeal in a dispute involving recovery...

GST Officer Blocks Rs. 1.61 Crore ITC Beyond His Powers; Allahabad High Court Orders Review Of Similar Cases

The Allahabad High Court has directed the Commissioner, State Tax, to examine whether officers...

GST Recovery Put on Hold as Allahabad HC Flags Substantial Question of Law Over Portal Upload, Communication of Orders

The Allahabad High Court has taken serious note of concerns relating to the chronology...