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: Reopening Assessment on 'Borrowed Satisfaction' Without Independent Inquiry Invalid Under Section 147
#IncomeTax #TaxReassessment
ITAT Restricts Arbitrary Reopening: "Borrowed Satisfaction" Does Not Justify Section 147 Scrutiny In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT), Delhi, has quashed several reassessment orders initiated under Section 147 of the Income...
ITAT Delhi: Ad-hoc Addition Under Section 68 of Income Tax Act Cannot Be Sustained on Mere Conjecture Without Evidence
#IncomeTax #TaxLitigation
ITAT Delhi Limits Revenue's Power to Disregard "Concocted" Cash Sales Without Evidence In a significant ruling for taxpayers facing scrutiny over cash deposits made during the 2016 demonetization period, the Income Tax Appellate Tribunal (ITAT) Delhi has curtaile...
Mere Disallowance of Legal Claim Does Not Warrant Penalties u/s 271(1)(c): ITAT Delhi Bench Rules in Jet Lite Case
#TaxLaw #FringeBenefitTax
ITAT Delhi: Bona Fide Legal Claims Do Not Attract Penalty for 'Inaccurate Particulars' In a significant ruling for corporate taxpayers, the Income Tax Appellate Tribunal (ITAT), Delhi Bench, has clarified the threshold for levying penalties under the Income Tax A...
ITAT Rules Additions Under Sections 69 and 69C Must Be Supported by Corroborative Evidence, Not Just Assessee Statements
#IncomeTaxAppellateTribunal #TaxLitigation
The Perils of 'Confession-Only' Tax Assessments: A Landmark Verdict In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT), Hyderabad ‘B’ Bench, has underscored that tax authorities cannot impose additions based purely on an assessee’s statements during...
ITAT Hyderabad Remands Tax Addition Disputes After Criticizing Summary Procedures and Data Verification: Income Tax Act
#ITAT #TaxLitigation
ITAT Hyderabad Intervenes: Judicial Scrutiny of Summary Tax Additions In a significant ruling for corporate tax compliance, the Income Tax Appellate Tribunal (ITAT), Hyderabad, has set aside multiple tax additions made against M/s. SV Milk & Milk Products Pr...
ITAT Jabalpur: Revenue Cannot Charge Compensatory Interest Under Sections 234A, 234B, and 234C When Holding Sufficient Seized Cash
#IncomeTax #ITAT
ITAT Jabalpur: Taxpayer Not Liable for Compensatory Interest When Revenue Holds "Escrow-Like" Seized Cash In a significant relief to taxpayers, the Jabalpur Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the Revenue cannot penaliz...
ITAT Hyderabad Interprets Section 44C: HO Overheads Subject to Statutory Limits Regardless of Direct Project Nexus
#IncomeTaxIndia #TaxLitigation
Unmasking 'Reimbursements': ITAT Clarifies Tax Limits on Head Office Expenses In a significant ruling for multinational entities operating in India, the Income Tax Appellate Tribunal (ITAT) Hyderabad bench has clarified the rigorous application of Section 44C of the ...
AMP Expenses Not 'International Transactions' Under Section 92B: ITAT Kolkata Rules in Akzo Nobel India Tax Dispute
#TransferPricing #IncomeTax
Breaking Down the Tax Burden: ITAT Kolkata Clarifies Key Transfer Pricing Principles for Akzo Nobel In a significant series of rulings covering seven assessment years, theKolkata “C” Bench of theIncome Tax AppellateTribunal(ITAT) has provided much-needed clarity on the tax treatment of expens...
Liberal Approach to Delay Condonation and Rejection of Addition on Cash Deposits: ITAT Surat
#IncomeTaxIndia #ITATSurat
When Formalities Give Way to Justice: ITAT Surat Realigns Tax Discretion In a refreshing turn for small-scale traders, theIncome Tax Appellate Tribunal (ITAT), Surat Bench, has provided significant relief regarding the treatment of bank cash deposits. In the case ofVinodkumar Ramubhai Patel v...
Souharda Cooperative Societies Eligible for Section 80P Deductions: ITAT Panaji Bench Ruling
#IncomeTax #CooperativeSocieties
Souharda Cooperative Societies Eligible for Section 80P Deductions: ITAT Panaji Bench Ruling In a significant relief for cooperative societies operating under state-specific legislation, the Income Tax Appellate Tribunal (ITAT) Panaji Bench recently clarified the eligibility cr...
