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Revision U/s 263 Invalid Where AO Conducted Proper Inquiry: Calcutta High Court

The Calcutta High Court has dismissed an appeal filed by the Income Tax Department...

Mere Uncorroborated Statement During Search Can’t Justify Presumption of Capitation Fee Collection: Madras High Court

The Madras High Court has dismissed a batch of tax appeals filed by the...

Mere Allegation of Cash Loan from Asharam Ashram Can’t Be Treated as Undisclosed Income Without Evidence: ITAT

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

No TDS Default Made Out in ₹43 Crore Commission Paid by NDTV: ITAT

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

AO Can’t Use Fresh Search Material in Set-Aside Assessment: ITAT

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

Parallel Proceedings U/S 143(3) and 147 Impermissible: ITAT Quashes Reassessment Against Lalit Kumar Modi 

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

Unexplained Negative Cash Balance Can’t Be Justified by Unverified Cash Gifts: Andhra Pradesh HC

The Andhra Pradesh High Court while upholding the Income Tax addition as unexplained income...

CSR Donations Eligible for S. 80G Deduction: ITAT Remands TDS Disallowance on Expense Provisions for Verification

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has remanded the issue...

Energy-Efficient Street Lighting Project Integral to Road Infrastructure: ITAT Allows Deduction

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has allowed a deduction...

Failure To Decide Immunity Application U/S 270AA Vitiates Penalty Proceedings: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a penalty...

Mere Suspicion or General Investigation Reports Can’t Justify Treating Share Transactions as Bogus; LTCG Exemption Allowed: ITAT

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

Latest articles

Solar Inverters for Solar Projects Attract 5% GST: Karnataka High Court Quashes Rs. 120+ Crore GST Demand

The Karnataka High Court has held that solar inverters supplied for solar power projects...

Piece-Rate Job Work Not ‘Manpower Supply’: CESTAT Quashes Service Tax Demand on L&T

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Discounts to Dealers Not Deductible from Assessable Value: CESTAT Dismisses Appeals on Demo Vehicle Valuation

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

No Service Tax on Builder’s Share of Flats Before 1 July 2010: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench has set aside...