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ITAT Mumbai Rules Cash Deposits Explained by Prior Year Withdrawals Are Not Unexplained Income: Appeal Allowed

ITAT Mumbai Rules Cash Deposits Explained by Prior Year Withdrawals Are Not Unexplained Income: Appeal Allowed

#IncomeTaxAppellateTribunal #TaxLitigation

India - Income Tax Appellate Tribunal • Unexplained Cash Credits • 06 Jun 2026
ITAT Chennai Clarifies Section 115BBE Scope and Mandates Algorithmic Consistency in Rectification Proceedings

ITAT Chennai Clarifies Section 115BBE Scope and Mandates Algorithmic Consistency in Rectification Proceedings

#IncomeTaxAppellateTribunal #TaxLitigation

India - Income Tax Appellate Tribunal • Taxation Laws and Section 154/115BBE Rectification • 06 Jun 2026
ITAT Delhi Clarifies Transfer Pricing Norms on Comparable Selection and LIBOR for AE Loans in FIS Global Business Solutions Case

ITAT Delhi Clarifies Transfer Pricing Norms on Comparable Selection and LIBOR for AE Loans in FIS Global Business Solutions Case

#TransferPricing #ITAT

India - Income Tax Appellate Tribunal • Arm's Length Principle and Comparability Analysis • 06 Jun 2026
ITAT Chennai Allows Securitization Costs and SBN Deposits: Verdict on Asirvad Micro Finance vs. DCIT

ITAT Chennai Allows Securitization Costs and SBN Deposits: Verdict on Asirvad Micro Finance vs. DCIT

#TaxLaw #ITAT

India - Income Tax Appellate Tribunal • Securitization and Demonetization Cash Deposits • 06 Jun 2026
ITAT Chennai Quashes Section 148 Notice Issued by Jurisdictional AO for Violating Mandatory Faceless Scheme Requirements

ITAT Chennai Quashes Section 148 Notice Issued by Jurisdictional AO for Violating Mandatory Faceless Scheme Requirements

#TaxLaw #FacelessAssessment

India - Income Tax Appellate Tribunal • Section 148 Income Tax Act / Section 151A Faceless Scheme • 06 Jun 2026
ITAT Chennai Upholds Allowability of Operational Expenses for Charitable Trusts: Greenpeace Environment Trust vs ITO

ITAT Chennai Upholds Allowability of Operational Expenses for Charitable Trusts: Greenpeace Environment Trust vs ITO

#IncomeTaxAppellateTribunal #TaxLawIndia

India - Income Tax Appellate Tribunal • Section 11/12A Exemption and Expenditure Disallowance • 06 Jun 2026
ITAT Chennai: Common Trustees in Charitable Trusts Do Not Invoke Section 13(1)(c) Disallowance Without Proven Personal Benefit

ITAT Chennai: Common Trustees in Charitable Trusts Do Not Invoke Section 13(1)(c) Disallowance Without Proven Personal Benefit

#TaxExemption #CharitableTrusts

India - Income Tax Appellate Tribunal • Section 13(1)(c) and Section 11 of the Income Tax Act • 06 Jun 2026
Absence of DIN in Assessment Order Renders it Invalid: ITAT Chennai Rules in Line with CBDT Circular 19/2019

Absence of DIN in Assessment Order Renders it Invalid: ITAT Chennai Rules in Line with CBDT Circular 19/2019

#IncomeTax #TaxLitigation

India - Income Tax Appellate Tribunal • Mandatory DIN in Assessment Orders • 06 Jun 2026
ITAT Chennai Limits Scope of Section 263 Revision, Holding 'Inadequate Inquiry' Isn't Ground for Intervention

ITAT Chennai Limits Scope of Section 263 Revision, Holding 'Inadequate Inquiry' Isn't Ground for Intervention

#IncomeTaxAppellateTribunal #Section263

India - Income Tax Appellate Tribunal • Section 263 Revisionary Powers • 06 Jun 2026
Repayment of Loans in Subsequent Years Bars Section 68 Additions: ITAT Surat Bench Affirms CIT(A)

Repayment of Loans in Subsequent Years Bars Section 68 Additions: ITAT Surat Bench Affirms CIT(A)

#IncomeTax #TaxLitigation

India - Income Tax Appellate Tribunal • Section 68 Income Tax Act • 06 Jun 2026
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