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ITAT Refuses To Condone 9-Year Delay In Filing Appeal Despite Ongoing S. 153C Merits Litigation

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an assessee’s...

Fly Ash Sale Proceeds Taxable as Business Income, Not Liability Fund: ITAT

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

Extended Time Limit Under Amended Reassessment Regime Can’t Revive Time-Barred Proceedings Under Erstwhile Law: ITAT

The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a reassessment...

Reassessment Can’t Be Solely Based on Third-Party Information Without Direct Evidence Against Assessee: ITAT

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has held that reassessment...

Salaried Person Not Required To Maintain Cash Book: ITAT Deletes Rs. 12.08 Lakh Demonetisation Cash Deposit Addition

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

WhatsApp Chats Alone Can’t Prove Bogus Transactions: ITAT Deletes Rs. 89.50 Lakh Addition On Gifts From NRI Father-In-Law

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted additions made...

ITAT Deletes Rs. 38.20 Crore Transfer Pricing Adjustment Against Boeing India Defence Unit

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted a transfer...

ITAT Quashes Reassessment Orders Due To Time-Barred Section 148 Notices And Invalid Sanction From Wrong Authority

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

Faceless Assessment Completed Without SCN: ITAT Deletes Rs. 1.64 Crore Addition

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the relief...

ITAT Deletes Rs. 134.99 Crore Addition on Share Capital Received From Non-Resident Holding Company Via Banking Channel

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

Don’t Panic If You Don’t Withdraw Cash Every Month: ITAT Says Disclosed Rental Income Can Explain Household Expenses

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

IRS Officer, CBDT Commissioner Wife Booked By CBI In Rs. 4.57 Crore Disproportionate Assets Case Linked To La Pino’z Bribery Row

The Central Bureau of Investigation (CBI) has registered a fresh disproportionate assets case against...

Latest articles

CSIR Promotion Dispute: Supreme Court Rejects Judicial Formula for Averaging Performance Scores

The Supreme Court has held that courts cannot substitute the assessment methodology adopted by...

CBI-DRI Joint Operation Busts Interstate Wildlife Trafficking Syndicate; 53 Protected Animals Rescued, Six Arrested

The Central Bureau of Investigation (CBI) and the Directorate of Revenue Intelligence (DRI), Mumbai,...

Loose Digital Files, 3rd Party Excel Sheets Can’t Sustain Unexplained Investment Addition Without Corroborative Evidence: ITAT

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

GST Refund Can’t Be Rejected Without Considering Reply to SCN: Punjab & Haryana High Court

The Punjab and Haryana High Court has quashed an order rejecting a taxpayer's GST...