HomeDirect Tax

Direct Tax

Keep exploring

7 Patanjali Income Tax Appeals Quashed Citing ITAT’s Unreasoned Common Order: Delhi High Court

The Delhi High Court has set aside a common order by the Income Tax...

Bombay High Court Remands ITAT Matter Over Failure to Consider Paper Book Filed With Rule 29 Affidavit

The Bombay High Court has partly set aside an order of the Income Tax...

Business Travel Expenses Can’t Be Disallowed Merely Because Payments Were Made Through Spouse’s Credit Card: ITAT 

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

Actuarially Determined Provision for Credit Guarantee Claims Is Allowable Deduction: ITAT

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

Reassessment Beyond 3 Years Requires PCCIT Sanction: ITAT Quashes Notice Approved by CIT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

Stamp Duty Value Must Be Determined on Property Allotment Date If Part-Payment Made Through Banking Channel: ITAT

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

S. 143(2) Notice Issued by ITO Beyond Rs. 30 Lakh Pecuniary Limit Invalid: ITAT 

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed an income...

Reassessment Notice Issued Without Principal Chief Commissioner’s Approval Invalid: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

1 Month Delay in E-Verifying Income Tax Return Due to Portal Glitches Can’t Deny Old Tax Regime Benefits: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed an adjustment...

Black Money Act Penalty Not Automatic: ITAT Deletes Rs. 70 Lakh Penalty for Non-Disclosure of German Bank Account

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

Reassessment Beyond 3 Years Invalid Where Escaped Income Is Below Rs. 50 Lakh: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

Latest articles

Administrative Delays, Change Of Counsel Can’t Justify Belated Tax Appeal: Rajasthan HC

The Rajasthan High Court has dismissed a tax department appeal filed after a delay...

Intermediary Or Export Of Services? Dept.’s Appeal Against Rs. 4.31 Crore Service Tax Relief Must Go To Supreme Court: Karnataka HC

The Karnataka High Court has dismissed the Revenue’s appeal against a tribunal order concerning...

Income Tax Search Statement Alone Can’t Justify Additions Without Supporting Evidence: Delhi HC

The Delhi High Court has reiterated that a statement recorded during an income tax...

Purchases Can’t Be Treated As Bogus When Sales Are Accepted And Books Not Rejected: Calcutta HC

The Calcutta High Court has upheld the deletion of a ₹4.38 crore addition for...