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ITAT Upholds ₹11.45 Lakh Addition After Assessee Fails to Explain Seized Cash

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

BARC Share Subscription Was Not a Prohibited Investment: ITAT Upholds S. 11 Exemption 

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

Genuine Loans Can’t Be Taxed as Unexplained Cash Credits: ITAT

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

CIT(A) Can’t Create a New Source of Income While Enhancing Assessment; ITAT Deletes 1% Commission Addition

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

ITAT Quashes Search Assessment After Finding Same Additions Made Substantively in 2 Hands U/s 153C

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a search...

Mere Non-Response to Tax Notices Can’t Justify Disallowance: ITAT

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

Assessment Invalid as AO Failed to Incorporate DRP Directions: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a final...

Income Tax Dept. Can’t Continue Appeal Against Company During IBC Moratorium: ITAT

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

Failure to Refer Transfer Pricing Issue to TPO Not Fatal; ITAT Orders Fresh Assessment

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

No Transfer Pricing Adjustment on Delayed Receivables if Taxpayer is Debt-Free: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that no...

Commissioner Cannot Revise Assessment U/s 263 After Due Inquiry: ITAT

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

Latest articles

3 Days’ Notice Insufficient to Block GST ITC: Karnataka High Court Orders Release of Rs. 43.89 Lakh Credit

The Karnataka High Court has set aside an order blocking input tax credit (ITC)...

14 GST Changes From 1 November 2026

Businesses across hospitality, transport, e-commerce, agriculture and recycling will need to review their GST...

Search-Based Income Tax Reassessment Must Follow S. 153C, Not S. 147: ITAT

The Income Tax Appellate Tribunal (ITAT), Kolkata Bench, has held that reassessment proceedings founded...

Dept. Can’t Challenge CIT(A)’s Jurisdiction After Dept. Allocates Appeal And AO Raises No Objection: ITAT

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the department’s...