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Interest Earned from Investments in Cooperative Banks Eligible for S. 80P(2)(d) Deduction: ITAT 

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

100+ Reassessment Writ Petitions Post Hexaware Ruling Restored: Bombay High Court 

The Bombay High Court has directed the restoration of over a hundred writ petitions...

Income Tax Dept. Can’t Sustain ₹6.75 Crore S. 68 Addition Without Rebutting Assessee’s Evidence: Calcutta HC

The Calcutta High Court has dismissed an appeal filed by the Income Tax Department...

AO Can’t Reject DCF Share Valuation and Substitute NAV Method for Section 56(2)(viib) Addition: ITAT

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

Marriage Gifts and Household Cash Retention Can’t Be Rejected on Mere Suspicion: ITAT Deletes Demonetisation Addition

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

ITAT Restores Dawoodi Bohra Jamat’s 12AB Registration Matter

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an...

Donation to Political Party Was Part of Accommodation Entry Scheme: ITAT Upholds Denial of S. 80GGC Deduction

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the disallowance...

Post-Polio Disability Constitutes Sufficient Cause to Condon 607-Day Delay: ITAT Restores Agricultural Income Dispute to AO

The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has condoned a 607-day...

Charitable Trust’s Income Tax Appeal Should Be Decided on Merits Instead of Technical Limitation: Bombay HC Condones 1,797-Day Delay

The Bombay High Court has held that a liberal and justice-oriented approach should be...

Income Tax Dept Can’t Generate Reassessment Notice on Deceased Person’s PAN Merely Because Legal Heirs Are Unknown: Calcutta HC

The Calcutta High Court has held that the Income Tax Department cannot generate a...

Date of Email Dispatch Determines Validity of S. 148 Notice, Not Date on Notice: Bombay High Court

The Bombay High Court has held that a notice under Section 148 of the...

Outstanding Land Procurement Advances Cannot Be Taxed as Forfeited Income U/s 56(2)(ix): Karnataka HC

The Karnataka High Court has dismissed the Income Tax Department's appeal against real estate...

Latest articles

Whether ‘May’ Can Replace Mandatory Pre-SCN Consultation? Punjab & Haryana High Court Stays Final GST Adjudication 

The Punjab and Haryana High Court has granted interim protection to a taxpayer challenging...

Bank Certificate Can Substitute FIRC in GST Export Cases: Karnataka High Court

The Karnataka High Court has held that GST authorities cannot mechanically confirm tax demands...

GST SCN Without Alleging Fraud Cannot Invoke S. 74: Karnataka High Court Quashes Adjudication Order

The Karnataka High Court has held that proceedings under Section 74 of the Central...

GST SCN Generated Using AI Tool Quashed: Punjab & Haryana High Court 

The Punjab & Haryana High Court has quashed a GST Show Cause Notice (SCN)...