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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...

Beneficiary of Private Trust Can’t Claim Share of Trust Loss Unless Trust’s Income or Loss Is First Determined: ITAT

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

Reassessment Notice Issued After Limitation Invalid: ITAT Quashes S. 148 Proceedings

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

ITAT Restores Rs. 1 Crore Addition Dispute, Grants Fresh Hearing Despite 273-Day Delay on Rs. 3K Cost

The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, restored an income tax appeal involving...

Interest on Unspent Govt. Grants Can’t Deny S. 10(23C)(iiiab) Exemption to Government-Funded Educational Institution: ITAT

The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has held that interest earned on...

Dept. Can’t Reopen Case on Same Material Already Examined: ITAT Quashes Second Reassessment

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

Charitable Trust’s S. 11 Exemption Can’t Be Fully Denied Over Alleged Related-Party Transactions: ITAT

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

Illiteracy No Defence Against False Refund Claim: Jharkhand HC Upholds Conviction for Filing False ITR

The Jharkhand High Court has upheld the conviction of a taxpayer under Section 277...

PCIT Can’t Reopen Fresh Issues Beyond Limitation: ITAT Quashes S. 263 Revision as Time-Barred

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

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