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ITAT Allows Full Deduction of Debenture Discount

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

Corporate Returns With Income Exceeding Rs. 30 Lakh In Metro Cities To Be Handled By ACIT or DCIT, Not By ITO: ITAT

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

Appellate Authority Can’t Admit New Tax Evidence Without Following Rule 46A: J&K High Court

The High Court of Jammu & Kashmir and Ladakh has held that the appellate...

Chennai Taxpayer Sentenced to 1 Year Rigorous Imprisonment for Wilful Non-Filing of Income Tax Return

The Income Tax Department's Tamil Nadu and Puducherry (TN&P) Region has secured another conviction...

Periodic Visits By Overseas Management And Use Of Business Software Doesn’t Create Fixed Place PE: ITAT

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

ITAT Directs Grant of 12AB & 80G Registration to Oxford and Cambridge Society of India

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has directed the Commissioner of Income...

Reassessment Notice Beyond 3 Years Invalid Without Rs. 50 Lakh Escaped Income: ITAT 

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

Common PCIT Approval for 111 Cases Shows Non-Application of Mind; Entire Reassessment Proceedings Invalid: ITAT

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

Holding Company Can’t Issue Shares on Behalf of Subsidiary to Claim S. 72A Demerger Tax Benefits: ITAT

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

TDS on Coaching Faculty Remains U/s 194J, Not Salary Provision U/s 192: ITAT

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

Allahabad High Court Quashes Entry Tax Assessment for Ignoring Limitation Issue, Directs Fresh Order

The Allahabad High Court has set aside an Entry Tax assessment order after finding...

AO Can’t Make S. 69 Addition On Property Purchase In Cash By Citing  Mere Investigation Wing Information: ITAT

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

Latest articles

Company Must Be Made Accused Before Fastening Vicarious Liability Against Director In GST Prosecution: Punjab & Haryana High Court

The Punjab & Haryana High Court has held that a director cannot be prosecuted...

Coal Beneficiation Not Taxable as ‘Business Auxiliary Service’ Before June 1, 2007: CESTAT

The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New...

CESTAT Upholds Service Tax Demand on Labour Contractor

The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New...

Black Money Act Notice Issued Nearly 1 Year Late, Holds CBDT’s 30-Day Timeline Binding: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed Black Money...