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IRS Officer, CBDT Commissioner Wife Booked By CBI In Rs. 4.57 Crore Disproportionate Assets Case Linked To La Pino’z Bribery Row

The Central Bureau of Investigation (CBI) has registered a fresh disproportionate assets case against...

CBDT Transfers 57 Chief Commissioners, DGIT-Rank Officers; Additional Charge Arrangements Notified

The Central Board of Direct Taxes (CBDT) has ordered a transfer and posting exercise...

Reliance Trust, ISKCON, Hinduja Hospital & Breach Candy Move ITAT Against S. 12AB Cancellation Over ‘Commercial Activity’ Allegations

A major charitable trust operating a leading hospital in Mumbai, along with organisations such...

ITAT Deletes Global Income Addition After Holding No Basis for POEM in India Despite CIT(A)’s Own Findings

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside the addition of...

Income Tax Prosecution Quashed: Madras HC Holds Complaint Without Jurisdiction & Prior Assessment Is Abuse of Process

The Madras High Court has quashed criminal proceedings initiated against an assessee for alleged...

Land Transactions for School Expansion Doesn’t Undermine Charitable Status: ITAT Directs Grant of S. 12A Registration Renewal

The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has set aside the order of...

ITAT Remands ₹58.69 Lakh Addition on Demonetisation Cash Deposits, Grants Fresh Opportunity Citing Matrimonial Dispute Impact

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has set aside additions...

ITAT Deletes CPC Adjustments on Fixed Asset Loss and S. 43B Disallowance

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has deleted adjustments made...

Non-Issuance of S. 143(2) Notice Not Fatal in Belated Return Cases: ITAT Upholds Deletion of Rs. 4.59 Cr Addition on Export Sales 

The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has upheld the deletion of an...

No Disallowance Without Nexus Between Borrowed Funds and Non-Business Use: ITAT Upholds Deletion of Rs. 10.87 Crore Additions

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has affirmed the deletion...

Direct Tax Collections Rise 5.12% to Rs. 23.40 Lakh Crore in FY 2025–26

India’s direct tax collections for the financial year 2025–26 recorded a steady growth, with...

Mere Disallowance of Claim Doesn’t Amount to Furnishing Inaccurate Particulars: ITAT Deletes Penalty

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has deleted penalty levied under Section...

Latest articles

Children Can’t Challenge Mother’s Sale Deed After Waiting For Years Post Majority: Allahabad High Court

The Allahabad High Court has held that although a mother had no authority to...

CESTAT Quashes Excise Demand on “Farmers Integrated Handbook”, Holds Extended Limitation Cannot Be Invoked Without Intent to Evade Duty

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

Cabinet Without CPU Can’t Be Treated as Incomplete Computer System: CESTAT Quashes Customs Valuation Enhancement 

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

IRS Officer, CBDT Commissioner Wife Booked By CBI In Rs. 4.57 Crore Disproportionate Assets Case Linked To La Pino’z Bribery Row

The Central Bureau of Investigation (CBI) has registered a fresh disproportionate assets case against...