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Purchase of Residential Property from Spouse Doesn’t Bar S. 54 Relief: ITAT

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

Broken-Period Interest on Sale of NCDs Taxable as Interest, Not Capital Gains: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that broken-period...

No Denial of S.12AB Registration Without Actual Application of Funds Outside India: ITAT

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

Income Tax Reassessment Time Limit Can’t Be Extended Indefinitely: Chhattisgarh HC

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

WhatsApp Chats Alone Can’t Justify Tax Additions: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted multiple additions...

Recorded Jewellery Sales Can’t Be Treated as Unexplained Cash: ITAT Deletes Demonetisation Addition

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

PAN Misuse Allegation Alone Can’t Invalidate Genuine Transactions: ITAT Deletes Bogus Purchase Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has granted major relief...

ITAT Condones 460-Day Delay of 87-Year-Old Taxpayer, Quashes Ex Parte Order for Fresh Hearing

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has condoned a delay...

No S. 68 Addition on Share Application Money Received from Directors and Group Concerns When Documents Are on Record: ITAT

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

ITAT Restores Charitable Trust’s 12AB and 80G Registration Applications, Grants Fresh Hearing Opportunity

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

No Relief on Merits After Failure to Explain Delay: Karnataka HC Rejects LTCG Exemption Claim

The Karnataka High Court has dismissed an income tax appeal filed by an assessee...

Net Direct Tax Collections Jump 14.64% to ₹5.21 Lakh Crore; Advance Tax Surges 15.30% by June 17

India's direct tax collections have started FY 2026-27 on a strong note, with net...

Latest articles

Unauthenticated Foreign Customs Documents Can’t Establish Pakistani Origin of Imported Dry Dates: CESTAT

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

Wrong Service Classification Alone Can’t Justify Extended Limitation Without Proof of Tax Evasion: Rajasthan High Court

The Rajasthan High Court has held that mere classification of services under an incorrect...

No Right To Representation Against Anti-Dumping Findings: Delhi High Court

The Delhi High Court has held that constitutional courts cannot routinely direct authorities to...

Coal Purchasers Can’t Be Saddled with Clean Energy Cess or Penalty Without Proof of Knowledge: Gauhati High Court

The Gauhati High Court has held that purchasers of coal cannot be made liable...