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S. 54 Exemption Allowed for Multiple New Houses Where Capital Gains Arise from Sale of Multiple Residential Properties: ITAT

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

Software Subscription Fees Not Taxable as FTS or Royalty: ITAT

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

Inland Haulage Charges Can’t Be Taxed Separately When Linked to International Shipping: ITAT

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

Finance Act, 2026 Amendment to S. 147A Can’t Apply Retrospectively to Earlier ITAT Orders: Telangana High Court

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

Private Records Alone Can’t Prove Clandestine Clearance Without Corroborative Evidence: CESTAT

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

Resale Price Method Must Prevail Where Imported Goods Are Resold Without Value Addition; ITAT Deletes Transfer Pricing Adjustment

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

Foreign Exchange Gain Must Be Treated as Operating Income for Transfer Pricing: ITAT

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

Sale Proceeds of Gold Ornaments Received on Return of Gold Loan Cannot Be Taxed U/s 68 Without Evidence: ITAT

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

US SEC Whistleblower Reward Taxable in India: ITAT Holds Rs. 8.16 Crore Receipt Is Income, Not Capital Receipt

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

Delay Condoned! ITAT Interferes With NFAC Order Upholding Rs. 9.59 Crore Addition Based on Entire Bank Credits

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) while condoning the delay...

Coaching Institute’s Faculty Payments Are Professional Fees: ITAT Quashes TDS Default

The Income Tax Appellate Tribunal (ITAT), Cochin Bench, has held that payments made by...

AO Can’t Go Beyond Limited Scrutiny or Ignore Revised Return: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed an assessment...

Latest articles

Higher Exam Marks Can’t Cure Missing Essential Qualification: Supreme Court

The Supreme Court has held that higher marks in a recruitment examination cannot compensate...

PMLA | Failure To Expressly Address Every Written Submission Doesn’t Violate Natural Justice If Fair Hearing Is Given: Karnataka HC

The Karnataka High Court has dismissed two writ petitions filed by JSW Steel Limited...

ED Can Continue Money Laundering Probe After Filing Complaint Without Prior Court Permission Before Charges Are Framed: Calcutta High Court

The Calcutta High Court has dismissed a petition challenging further investigation by the Enforcement...

No Pre-Deposit For Disputed GST Interest-Only Appeal; Customer’s Non-Payment Can’t Stop Interest Liability: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru Bench, has held that an...