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S. 80P(2)(d) Deduction Allowable On Interest Earned By Cooperative Housing Society From Cooperative Banks: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has allowed the appeal holding that...

Deposited TDS Can’t Continue as Principal Liability: ITAT Directs Fresh Verification of Interest and REC Registration Charges

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has set aside key aspects of...

Rejection of GST Refund Can’t Automatically Bar Deduction as Business Expenditure Under Income Tax Act: ITAT

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

Investigation Wing Information Alone Can’t Establish Failure to Disclose Material Facts: ITAT Quashes Reassessment Beyond 4 Years

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

CWIP Accounting Doesn’t Determine Tax Character of Operational Expenditure; ITAT Rejects Rs. 66.65 Crore TDS Disallowance on Telecom Payments

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

Demonetisation-Era Cash Deposit Explained Through Cash Book and Bank Records: ITAT Deletes Addition

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

Notice Issued After April 1, 2021 Without Jurisdiction: ITAT Quashes S. 153C Assessment

The Income Tax Appellate Tribunal (ITAT), Delhi Bench has quashed an assessment framed under...

Delhi High Court Quashes Reassessment Against Singapore Company After Finding No Effective Opportunity of Hearing

The Delhi High Court has set aside reassessment proceedings and the consequential demand raised...

CIT(A) Can’t Direct Reopening of Another AY: ITAT 

The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, has held that a Commissioner of...

Form 26AS Receipts vs Income — Assessee Fails to Prove ₹7.83 Crore Difference Was NPGCL Advance: ITAT 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the assessment...

Telangana High Court Restores Income Tax Appeals Dismissed Over Unsigned Memoranda

The Telangana High Court has allowed three income-tax appeals and restored the matters before...

27% Rule 87 Ceiling Inapplicable to Extraordinary Superannuation Fund Contributions Made to Meet Actuarial Deficit: Calcutta High Court 

The Calcutta High Court has upheld the deletion of a massive ₹648.84 crore income-tax...

Latest articles

S. 80P(2)(d) Deduction Allowable On Interest Earned By Cooperative Housing Society From Cooperative Banks: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has allowed the appeal holding that...

Deposited TDS Can’t Continue as Principal Liability: ITAT Directs Fresh Verification of Interest and REC Registration Charges

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has set aside key aspects of...

Rejection of GST Refund Can’t Automatically Bar Deduction as Business Expenditure Under Income Tax Act: ITAT

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

Investigation Wing Information Alone Can’t Establish Failure to Disclose Material Facts: ITAT Quashes Reassessment Beyond 4 Years

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