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Private Records Alone Can’t Prove Clandestine Clearance Without Corroborative Evidence: CESTAT

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

Resale Price Method Must Prevail Where Imported Goods Are Resold Without Value Addition; ITAT Deletes Transfer Pricing Adjustment

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

Foreign Exchange Gain Must Be Treated as Operating Income for Transfer Pricing: ITAT

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

Sale Proceeds of Gold Ornaments Received on Return of Gold Loan Cannot Be Taxed U/s 68 Without Evidence: ITAT

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

US SEC Whistleblower Reward Taxable in India: ITAT Holds Rs. 8.16 Crore Receipt Is Income, Not Capital Receipt

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

Delay Condoned! ITAT Interferes With NFAC Order Upholding Rs. 9.59 Crore Addition Based on Entire Bank Credits

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) while condoning the delay...

Coaching Institute’s Faculty Payments Are Professional Fees: ITAT Quashes TDS Default

The Income Tax Appellate Tribunal (ITAT), Cochin Bench, has held that payments made by...

AO Can’t Go Beyond Limited Scrutiny or Ignore Revised Return: ITAT

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

CIT(A) Can’t Tax New Source of Income Through Enhancement After Deleting Reason for Reassessment: ITAT

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

Notice Issued Beyond Limitation Was Invalid: ITAT Quashes Reassessment Over Rs. 2 Lakh Political Donation Claim

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

No Prior Hearing Needed for Income Tax Case Transfer Within Same City; Telangana High Court Upholds Assessment Order

The Telangana High Court has ruled that when an income tax case is transferred...

Calcutta High Court Quashes Rs. 87.20 Crore Income Tax Assessment Against PwC Over Denial of Fair Hearing

The Calcutta High Court has quashed an assessment order raising a tax demand of...

Latest articles

China Plans New Gold Import Rules as Bullion Imports Surge

China Proposes Major Gold Import Reforms as Bullion Imports Hit Two-Year High Despite Cooling...

Revenue-Sharing with Restaurants Not Taxable as Business Support Service: CESTAT

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

Extended Limitation Can’t Be Invoked Merely on Form 26AS Data: CESTAT

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

Composite Cargo Handling Contracts Can’t Be Split into GTA Services: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has held that...