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ITAT Order Annulling Time-Barred Assessment Where Only Tax Rate, Not Income, Was Altered Upheld: Delhi HC

The Delhi High Court has upheld the ITAT order annulling time-barred assessment where only...

ITAT Delivers Partial Relief to Actor Sonu Sood in Multi-Year Tax Dispute

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has issued a consolidated...

Registered Sale Value, Stamp Duty Valuation Not Conclusive Proof Of Cash Payment In Property Deal: ITAT  

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

Supreme Court Ruling Revives Scrutiny of Pre-2016 Benami Transactions; Retrospective Confiscation Powers Upheld

The Supreme Court has reignited nationwide scrutiny of old benami transactions by holding that...

Bombay High Court Permits Amendment Of Reassessment Petitions To Challenge Retrospective Section 147A Inserted By Finance Act, 2026

The Bombay High Court has permitted assessees to amend their pending writ petitions to...

ITAT Refuses To Condone 9-Year Delay In Filing Appeal Despite Ongoing S. 153C Merits Litigation

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an assessee’s...

Fly Ash Sale Proceeds Taxable as Business Income, Not Liability Fund: ITAT

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

Extended Time Limit Under Amended Reassessment Regime Can’t Revive Time-Barred Proceedings Under Erstwhile Law: ITAT

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

Reassessment Can’t Be Solely Based on Third-Party Information Without Direct Evidence Against Assessee: ITAT

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

Salaried Person Not Required To Maintain Cash Book: ITAT Deletes Rs. 12.08 Lakh Demonetisation Cash Deposit Addition

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

WhatsApp Chats Alone Can’t Prove Bogus Transactions: ITAT Deletes Rs. 89.50 Lakh Addition On Gifts From NRI Father-In-Law

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted additions made...

ITAT Deletes Rs. 38.20 Crore Transfer Pricing Adjustment Against Boeing India Defence Unit

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted a transfer...

Latest articles

Customs Seizes 25.25 Kg of Suspected MDMA Worth Rs. 50 Crore at Amritsar Airport

In a major anti-narcotics operation, officers of Indian Customs intercepted a passenger at Sri...

Service Tax Appeal Abated After NCLT Approval Of Resolution Plan: CESTAT

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

GSTAT Portal Updated to Allow Document Upload Before Court Fee Payment, Easing Appeal Filing Process

In a significant and long-awaited relief for taxpayers and professionals, the Goods and Services...

Exemptions Under SEZ Act, 2005 Overrides Finance Act, 1994: CESTAT

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