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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"
Co-operative Societies Entitled to Section 80P(2)(d) Income Tax Deductions on Interest from Co-op Banks: ITAT Panaji
#IncomeTax #TaxLitigation
ITAT Panaji Clarifies Tax Relief for Co-operative Societies: A Beacon for Credit Institutions In a potentially transformative decision for the co-operative banking sector, the Income Tax Appellate Tribunal (ITAT), Panaji Bench, has p...
Compliance with Section 72A(2) Conditions Validates Set-Off of Amalgamated Losses: ITAT Kolkata
#IncomeTaxAppellateTribunal #CorporateTaxation
ITAT Kolkata Upholds Amalgamated Loss Set-Off, Rejects Ad Hoc Loan Additions In a significant ruling for domestic companies navigating the M&A landscape, the Income Tax Appellate Tribunal (ITAT) Kolkata has clarified the application of Section 72A(2) regarding the carry forward...
Insufficient Income Escapement Under Section 149(1)(b) Bars Reassessment Beyond Three Years: ITAT Agra
#IncomeTax #TaxLitigation
ITAT Agra Rules Against Mechanical Reopening: Income Escapement Below ₹50 Lakh Threshold Invalidates Notice In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) Agra Bench has held that reassessment proceedings initiated beyond the three-year limitati...
ITAT Rules Assessee Entitled to Revised Rs. 25 Lakh Leave Encashment Exemption under Section 10(10AA): Panaji Bench
#IncomeTax #TaxLitigation
ITAT Grants Relief: Applying Revised Leave Encashment Exemption Limits Retroactively In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) Panaji Bench has clarified the applicability of enhanced exemption limits for leave encashment under S...
Interest Income from Cooperative Banks Eligible for Deduction Under Section 80P(2)(d): ITAT Panaji
#IncomeTax #CooperativeSociety #TaxDeductions
Tax Relief for Souharda Societies: ITAT Reaffirms Section 80P Eligibility In a significant ruling for cooperative credit societies, theIncome Tax Appellate Tribunal(ITAT), Panaji Bench, has clarified the scope of tax deductions underSection 80P of the Income Tax Act. The tribunal held that in...
Mandatory Use of Sec 153C for Search-Based Evidence: ITAT Quashes Sec 147 Assessment
#IncomeTax #TaxLitigation
ITAT Agra Limits Departmental Power: Search-Linked Assessments Demand Strict Adherence to Law In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT), Agra Bench, has invalidated a reassessment order passed under Section 147 of the Income-tax ...
Reopening u/s 147/148 Invalid on Erroneous Fact of Non-Filing of Return Despite Filed Return: ITAT Chandigarh
#Section68 #ITATReopening
Taxpayer Triumph: ITA T Slams Door on Faulty Reassessment Over 'Phantom' Non-Filing In a sharp rebuke to procedural lapses, the Income Tax Appellate Tribunal ( T) Chandigarh Bench—comprising Shri Rajpal Yadav, Vice President, and Shri Manoj Kumar Aggarwal, Accountant Member—has quashed reass...
Parallel Reassessment u/s 147 Invalid During Pending Scrutiny u/s 143(3): ITAT Delhi
#Reassessment #ITAT
ITAT Delhi Delivers Knockout Blow to Taxman's Parallel Pursuit in Lalit Modi CaseIn a significant ruling for tax litigators, the Income Tax Appellate Tribunal (ITAT) Delhi Bench "D" has quashed the reassessment order against former IPL chairman Lalit Kumar Modi for Assessment Year 2010-11. Pe...
ITAT Clarifies Tax Treatment of CSR and Export Incentives
#ITAT #GSTIndia
ITAT Clarifies Tax Treatment of CSR and Export Incentives In a significant week for Indian tax jurisprudence, the Income Tax Appellate Tribunal (ITAT) delivered a series of rulings that underscore the importance of procedural fairness and substantive analysis in tax assessments, particularly ...
Purchases Cannot Be Treated Bogus Solely on Delayed Employee Statements Without Incriminating Evidence: ITAT Mumbai
#ITATJudgment #BogusPurchases
ITAT Mumbai Deletes ₹2.70 Crore Addition for Alleged Bogus Purchases in Kalpataru Case, Stressing Need for Corroborative Evidence Introduction In a significant ruling for tax practitioners and businesses dealing with legacy transactions, the Income Tax Appellate Tribunal (ITAT) Mumbai Bench h...
