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Relief To Vodafone: ITAT Allows Rs.1,247 Crore Depreciation on 3G Spectrum Rights

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) while granting relief to Vodafone...

ITAT Deletes Rs. 1,205 Crore Transfer Pricing Adjustment on Vodafone–Essar Trademark Royalty

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted Rs. 1,205 crore...

Sale of Ancestral Land to Be Taxed in Hands of HUF, Not Individual: ITAT

The Income Tax Appellate Tribunal (ITAT), Delhi, has held that income arising from the...

Taxpayers Flood X Urging CBDT to Notify ITR Due Date Extension After Gujarat High Court Direction

As the income tax filing deadline approaches, professionals and taxpayers across the country have...

Payment for IT Infrastructure Not Taxable as Royalty Under Indo-Belgium DTAA: ITAT

The Income Tax Appellate Tribunal (ITAT), Pune Bench has held that amounts paid by...

If Your Overseas Investment Is Integral To Your Business Strategy, Losses Can Be Claimed As Business Expenditure: ITAT

The Income Tax Appellate Tribunal (ITAT), Pune Bench while setting a precedent that If...

Membership Fees Not Taxable Until Business Commences: Gujarat HC

The Gujarat High Court has held that membership fees is not taxable until business...

Inclusive Sale Price Doesn’t Prove Tax Collection : Gujarat HC Sets Aside Rs. 25.53 Crore Penalty on Hindustan Coca-Cola  

The Gujarat High Court while quashing the penalty worth Rs.25.53 crore against Hindustan Coca-Cola...

Capital Gains Exemption Valid Even If Investment Made Before Filing Return: Rajasthan HC

The Rajasthan High Court, Jaipur Bench has held that capital gains exemption is valid...

Tax Evasion | Bombay HC Condones 447-Day Delay by Income Tax Dept. in Filing Appeal Against Acquittal

The Bombay High Court at Goa has condoned a 447-day delay by the Income...

Replacement Of Defective Parts Not Covered Under ‘Fees For Technical Services’; ITAT Deletes Addition

The Delhi Bench of Income Tax Appellate Tribunal Delhi ruled that the replacement of...

Section 50C Of Income Tax Act Not Applicable On Transfer Of Lease Hold Rights: ITAT

The Delhi Bench of The Income Tax Appellate Tribunal held that S. 50C of...

Latest articles

Cadre Change Not Same as Transfer: Supreme Court Directs Reallocation to Uttarakhand, Slams State Apathy After 26-Year Delay

The Supreme Court has clarified that “cadre change” is fundamentally distinct from “transfer”, and...

Conviction Can Rest on Sole Injured Eyewitness if Testimony is of ‘Sterling Quality’: Supreme Court Upholds Life Imprisonment

The Supreme Court has upheld the conviction and life imprisonment of a father-son duo...

ITAT Quashes Reassessment for AY 2017–18 Over Invalid Approval U/s 151(ii), Deletes Rs. 10.09 Lakh Addition

The Income Tax Appellate Tribunal (ITAT), Pune Bench, has quashed reassessment proceedings initiated against...