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Income Tax Addition Based Solely on GST Allegations Can’t Survive Once GST Demand Is Quashed: ITAT 

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

Income Tax Dept. Can’t Recover Tax Claims After NCLT-Approved RP If Dues Were Never Lodged During CIRP: Bombay High Court

The Bombay High Court has reaffirmed the supremacy of the Insolvency and Bankruptcy Code...

Cruise Operators Eligible for Presumptive Tax U/s 44B; Onboard Hospitality Doesn’t Change Nature of Passenger Carriage: Supreme Court

The Supreme Court has held that cruise operators providing passenger transportation remain eligible for...

Charitable Trust Can’t Be Denied Exemption Merely Because Majority Beneficiaries Belong to One Religious Community: ITAT

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

Trust Registration Can’t Be Rejected Solely Because Trust Deed Is Not Registered With Sub-Registrar: ITAT

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

Political Donations to Non-Compliant Parties Not Eligible for S. 80GGC Deduction: ITAT

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

Predominantly Charitable Trusts Can’t Lose S. 80G Benefit Over Minor Religious Expenditure: ITAT

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

Cash Deposits Linked to Land Sale Can’t Be Fully Taxed as Unexplained Income: ITAT

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

Bogus Sales Through Accommodation Entries: ITAT Caps Income Addition at 1% GP Estimation

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

ITAT Deletes Transfer Pricing Additions on Intra-Group Services, Restores India-Japan DTAA Dividend Tax Issue to AO

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

No PE Without Physical Presence: ITAT Deletes Business Income Addition

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

Socio-Economic Status Relevant While Determining Unexplained Cash Seized During Air Travel: ITAT 

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

Latest articles

GST Penalty Can’t Rest on Driver’s Uncorroborated Statement When Iron Scrap Matches Valid Documents: GSTAT

The GST Appellate Tribunal (GSTAT), Lucknow Bench, has dismissed a departmental appeal seeking restoration...

Accountant’s Absence Delayed Stock Entries: GSTAT Rejects Dept.’s Plea for Confiscation

The GST Appellate Tribunal (GSTAT), Lucknow Bench, has dismissed a departmental appeal against relief...

GST Registration Can’t Be Denied Merely Because Business Operates From Residential Premises: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) has directed GST officers not...

Irrigation Certificate and Electricity Bills Prove Agricultural Income: ITAT Deletes Unexplained Investment Addition

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