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Actuarially Determined Provision for Credit Guarantee Claims Is Allowable Deduction: ITAT

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

Reassessment Beyond 3 Years Requires PCCIT Sanction: ITAT Quashes Notice Approved by CIT

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

Stamp Duty Value Must Be Determined on Property Allotment Date If Part-Payment Made Through Banking Channel: ITAT

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

S. 143(2) Notice Issued by ITO Beyond Rs. 30 Lakh Pecuniary Limit Invalid: ITAT 

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed an income...

Reassessment Notice Issued Without Principal Chief Commissioner’s Approval Invalid: ITAT

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

1 Month Delay in E-Verifying Income Tax Return Due to Portal Glitches Can’t Deny Old Tax Regime Benefits: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed an adjustment...

Black Money Act Penalty Not Automatic: ITAT Deletes Rs. 70 Lakh Penalty for Non-Disclosure of German Bank Account

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion...

Reassessment Beyond 3 Years Invalid Where Escaped Income Is Below Rs. 50 Lakh: ITAT

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

Ad Hoc 12.5% Profit Estimate Can’t Survive When Disputed Purchases Earned Higher Margin: ITAT Deletes Bogus Purchase Addition

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

Finance Act 2023’s 2 Month Form 9A Deadline Can’t Apply Retrospectively to AY 2019-20: ITAT

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

Reassessment Beyond 4 Years Invalid Without Finding of Taxpayer’s Failure to Make Full Disclosure: ITAT

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

Latest articles

DRC-01 Can’t Replace Mandatory SCN: GSTAT  

The Goods and Services Tax Appellate Tribunal (GSTAT), Lucknow Division Bench, has delivered a...

JURISHOUR | TAX LAW DAILY BULLETIN : 14 SEPTEMBER, 2026

Here’s the Tax Law Daily Bulletin for  September 14, 2026. GST GST DEPT. CANT ADJUST SANCTIONED...

No GST On Recovery Of Electricity Charges At Actual Cost Without Markup: AAR

The West Bengal Authority for Advance Ruling (WBAAR) has held that electricity charges recovered...

18% GST On New Water Pipeline Construction: AAR

The West Bengal Authority for Advance Ruling (WBAAR) has ruled that works involving the...