News Updates
Supreme Court Rules Criminal Courts Must Not Act As Recovery Agents For Disputed Dues
27 Jul 2026
Rajya Sabha Bill Seeks To Criminalize Vande Mataram Disruption Under The National Honour Act
27 Jul 2026
Will Competitive Exams Deplete Delhi District Courts of Judges During Crucial Trial Proceedings This Year?
27 Jul 2026
Bombay High Court Adjourns Defamation Case Involving Union Minister Nitin Gadkari And Online Media Platforms
28 Jul 2026
Rajasthan High Court Directs State to Form Separate Wings for Crime Investigation and Security
28 Jul 2026
Gujarat High Court Upholds Constitutionality Of CGST Section 16 2 c Denying Unpaid Input Tax
28 Jul 2026
Punjab and Haryana High Court Issues New Guidelines For Legal Aid Defense Counsel System
28 Jul 2026
Government Introduces Public Examinations Amendment Bill 2026 In Lok Sabha To Curb Exam Paper Leaks
28 Jul 2026
Should Delhi High Court Increase Pecuniary Jurisdiction of District Courts to ₹10 Crore Threshold?
28 Jul 2026
Search Results for "income tax appellate tribunal News | Supremetoday AI"
ITAT Nagpur Affirms Revenue Nature of Brand Expenses and Validates Capital Gain Treatment for Avantha Holdings
#TaxLitigation #TransferPricing
The Tax Tug-of-War: A Recap The Income Tax Appellate Tribunal (ITAT) Nagpur Bench recently put to rest a protracted series of tax disputes between Revenue authorities and Avantha Holdings Ltd. Spanning the assessment years 2011–12 and 2012–13, the case tou...
Agricultural Land Status at Time of Sale Exempts Capital Gains Tax: Income Tax Appellate Tribunal, Nagpur
#IncomeTax #CapitalGainsTax
Defining Farm vs. Finance: ITAT Nagpur Clarifies Tax Exemption for Agricultural Land In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) Nagpur Bench recently clarified the criteria for determining the character of land under the Income Tax Act, 1961...
ITAT Rajkot Upholds Procedural Reopening of Assessment but Demands Fresh Adjudication on Unexplained Credits
#TaxLaw #ITAT
Procedural Validity Meets Natural Justice: ITAT Rajkot’s Latest Ruling The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, recently balanced strict adherence to procedural tax law with the necessity of fair adjudication. In a decision concerning Assessment Year 2009-10, the...
Ex-Gratia Payments upon Voluntary Retirement Categorized as Capital Receipts: ITAT Pune Bench Rules
#IncomeTax #TaxLitigation
A Victory for Equity: Tribunal Classifies Voluntary Separation Payments as Capital Receipts In a significant ruling for former employees of Pfizer Healthcare India, the Income Tax Appellate Tribunal (ITAT) Pune Bench has clarified the tax status of ex-gratia compensa...
ITAT Limits Section 263 Revision Power: Failure to Decide on Merits After Evidence Submission Invalidates Revision Order
#IncomeTaxLaw #ITAT
When Revision Isn't Enough: ITAT Narrows Scope of Section 263 for Tax Authorities In a significant ruling for corporate taxpayers, the Income Tax Appellate Tribunal (ITAT), Surat Bench, has set aside a revision order passed under Section 263 of the Income-tax Act, 19...
ITAT Agra Quashes Assessment Under Section 153A for Lack of Incriminating Material Found During Search: Sanskar Nagar vs. ACIT
#IncomeTaxLaw #SearchAndSeizure
ITAT Agra Sets Aside Assessments: No Incriminating Evidence, No Tax liability In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) of Agra has quashed assessment orders framed under Section 153A of the Income Tax Act. The tribun...
ITAT Rajkot Rules Delay in Filing Form 10AB for Section 80G(5) Approval Can Be Condoned in Interest of Justice
#TaxLaw #ITAT
ITAT Rajkot: Technical Delays Should Not Prevent Charitable Trusts from 80G Approval In a significant decision for the charitable sector, the Income Tax Appellate Tribunal (ITAT), Rajkot Bench, has set aside a rejection order issued by the Commissioner of In...
ITAT Ruling: Income Not Taxable Simply Based on KYC Self-Declarations in Foreign Bank Accounts, Income Tax Appellate Tribunal Rajkot
#IncomeTaxAppellateTribunal #TaxLawIndia
ITAT Rajkot Rescues Taxpayer from Massive Additions Based on 'Dumb' KYC Documents In a significant relief to taxpayers, the Income Tax Appellate Tribunal (ITAT), Rajkot Bench, has set aside substantial tax additions made by the Revenue a...
Failure to Provide Sufficient Opportunity for Hearing Vitiates Assessment Orders: ITAT Rajkot Sets Aside Additions Under Section 69A IT Act
#ITATRajkot #PrinciplesOfNaturalJustice
The Fast-Track Assessment Trap: ITAT Rajkot Calls Out Procedural Haste In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) Rajkot Bench has signaled that administrative expediency-regardless of the magnitude of the underlying transaction—cannot super...
ITAT Agra Quashes Section 153A Assessments Due to Lack of Incriminating Material and Mechanical 153D Approvals
#IncomeTaxLaw #ITAT
ITAT Agra Quashes Section 153A Assessments Due to Lack of Incriminating Material and Mechanical 153D Approvals The Income Tax Appellate Tribunal (ITAT), Agra Bench, has delivered a significant ruling that reinforces the necessity of procedural ...
