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Sports Club’s Bona Fide Belief on Mutuality Bars Tax Audit Default: ITAT Deletes S. 271B Penalty

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted a penalty...

CA Partner Can Claim S. 44ADA Presumptive Taxation on Partnership Remuneration: ITAT

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

TDS Credit Can’t Be Claimed by Individual When Income Is Taxed in Partnership Firm: ITAT

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

Can Interest on Statutory Deposits With Co-operative Bank Qualify for Section 80P Deduction? ITAT

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

Foreign Tax Credit Can’t Be Denied on Technical Grounds: ITAT Restores Claim Despite 1,933-Day Delay

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

Withdrawal of S. 12AB Registration Application Doesn’t Bar CIT(E) From Recording Findings During Inquiry: ITAT 

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

Bright Line Test Can’t Be Used for AMP Expenses: ITAT Deletes Rs. 5.19 Crore Transfer Pricing Addition

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted a ₹5.19...

Allahabad High Court Judge Challenges CBDT’s Denial of Section 22D Tax Exemption Under New Tax Regime

A sitting judge of the Allahabad High Court, Justice Sandeep Jain, has approached the...

Block Assessment Can’t Be Based on Post-Search Investigation: Delhi High Court Quashes Rs. 21 Crore Tax Addition

The Delhi High Court has quashed the Rs. 21 Crore Tax Addition and held...

Territorial Jurisdiction Not Ground to Reject President-Transferred ITAT Appeals: Delhi High Court

The Delhi High Court has set aside multiple orders of the Income Tax Appellate...

Income Tax Dept. Can’t Retain Tax Not Legally Due; Madras HC Orders Refund in Double Taxation Dispute

The Madras High Court has held that the Income Tax Department cannot retain taxes...

Reimbursement for Freight, Travel and Accommodation Can’t Be Taxed as Fees for Technical Services: Madras High Court

The Madras High Court has delivered a significant ruling clarifying the tax treatment of...

Latest articles

S. 153B Limitation to Be Computed After Excluding Court-Stay Period Before Applying TOLA: Madras High Court

The Madras High Court has held that the deadline for completing search assessments must...

Rs. 3.15 Crore GST Refund Can Be Withheld During Fraud Probe Despite Favourable Appeal Order: Delhi High Court

The Delhi High Court has upheld the withholding of a ₹3.15 crore GST refund,...

Tax Appeals Restored To Delhi ITAT Despite Lucknow Jurisdiction: Delhi HC

The Delhi High Court has restored a batch of income tax appeals involving Sahara...

Disclosure Of Brokerage Income Doesn’t End Reassessment Inquiry Into Alleged Bogus Transactions: Delhi High Court

The Delhi High Court has dismissed an insurance broker’s challenge to reassessment proceedings, following...