S. 14A Disallowance: ITAT Rules Against Improper Satisfaction by AO in Aishwarya Rai Bachchan’s Case
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has dismissed the department’s appeal against the relief granted to actor Aishwarya Rai Bachchan by the...
Gift From Brother-in-Law is Exempted U/s 56 Of Income Tax Act: ITAT
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has held that a gift received by an individual from his brother-in-law qualifies as a...
Reopening of Assessment Beyond 4 Years Invalid U/s 153A: ITAT
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the reopening of assessment under Section 153A of the Income Tax Act, 1961,...
Payments for IT, Non-IT Support Services Not Taxable as FTS under India-UK DTAA: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that payments received by a UK-based group entity for IT support services...
Disallowance Of Expenditure Doesn’t Constitute “Income Represented In The Form Of An Asset: ITAT
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that disallowance of expenditure does not constitute “income represented in the form of...
Time Limit For Filing Correction Statements (TDS Or TCS) Reduced To 2 Years [READ TRACES PORTAL ADVISORY]
As per the Advisory of the TRACES portal the time limit for filing correction statements (TDS/TCS) has been reduced to 2 years.
In other words,...
Relief to PVR: ITAT Confirms Entertainment Tax Subsidy as Capital Receipt
In a major relief to PVR Ltd., the Income Tax Appellate Tribunal (ITAT), Delhi Bench has confirmed entertainment tax subsidy as capital receipt.
The bench...
Income Tax Dept. Uncovers Rs. 5,500 Crore Fake Political Donations Racket
In a massive crackdown, the Income Tax Department has unearthed a Rs. 5,500 crore fake political donations racket involving 36 shell political parties and...
Relief To Hyundai: Under Faceless Assessment Regime, Limitation Period to Run From Date of Uploading DRP Order on ITBA Portal: Delhi HC
The Delhi High Court while giving major relief to Hyundai held that under Faceless Assessment Regime, limitation period to run from date of uploading...
S. 194LA Would Not Apply When TDR Certificates Are Issued In Lieu Of Compensation: Bombay HC
The Bombay High Court has held that Section 194LA of the Income Tax Act, 1961 would not apply when TDR Certificates are issued in...
Assessee Ought Not Be Put at Disadvantage Owing to CA’s Delayed Advice on Complex Tax Matter: Bombay High Court
The Bombay High Court has held that the assessee ought not be put at disadvantage owing to CA’s delayed advice on complex tax matters.
The...
Punjab & Haryana High Court Extends Deadline for Filing Audit Case Returns by One Month
The Punjab & Haryana High Court today disposed of CWP No. 28685 of 2025 Taxation Bar Association, Pathankot vs. Union of India & Anr.,...
Himachal Pradesh HC Directed CBDT to Extend ITR Due Date
The Himachal Pradesh High Court has directed the Central Board Of Direct Taxes (CBDT) to extend Income Tax Return (ITR) due date.
The direction came...
BIG BREAKING: ITR Extension Hearing Update — Delhi, Punjab & Haryana, and Gujarat High Courts in Focus
The much-anticipated hearing before the Delhi High Court concerning the extension of the due date for filing audited Income Tax Returns (ITRs) has been...
S. 263 Of Income Tax Act Can Be Invoked When AO Fails To Address Core Issue In Assessment Order: Kerala High Court
The Kerala High Court has ruled that the Income Tax Department is justified in invoking revisional jurisdiction under Section 263 of the Income Tax...
ITR Filing Extension: Punjab & Haryana HC Rebukes CBDT Counsel for Non-Compliance with Gujarat HC Order [WATCH VIDEO]
The Punjab and Haryana High Court has recorded the statement made by the Counsel for the Central Board of Direct Taxes (CBDT) that the...
ITAT Rejects Assessee’s Plea of CA Misconduct Sans Corroborative Evidence; Dismisses Appeals for 170-Day Delay
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has dismissed a batch of six income tax appeals filed by an assessee for Assessment Years...
AI Driven ITAT Order: Karnataka HC Steps In
In a first-of-its-kind case highlighting the potential misuse of artificial intelligence in judicial proceedings, the Karnataka High Court has recorded that an order passed...
Hotel Marketing, Reservation Fees Not Taxable as Technical or Royalty Income Under India–US DTAA: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that hotel marketing and reservation-related contributions (MRC) received by a U.S.-based hospitality group from...
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 has allowed Rs.1,247 crore depreciation on 3G spectrum rights.
The bench...
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