Breaking News
Rigors of Section 37 NDPS Act Prevail Over Detention Period Claims: High Court of J&K and Ladakh
11 Mar 2026
Failure to Pay Compensation Vitiates Limitation Claims in Land Acquisition: High Court of Jammu and Kashmir and Ladakh
04 Mar 2026
Discretionary Nature of Section 143-A NI Act: J&K&L High Court Upholds Interim Compensation Based on Accused's Conduct
12 Jun 2026
Salman Khan Files Delhi HC Plea Against 'Kala Hiran'
12 Jun 2026
Writ Court Cannot Exercise Jurisdiction to Grant Interim Relief After Directing Litigant to Civil Forum: MP High Court
12 Jun 2026
Delayed Registration of Birth Certificate Without Statutory Compliance Is Not Proof of Minority: Sikkim High Court
12 Jun 2026
Personal Participation in Contract Work Creates Employer-Employee Tie Under Employees Compensation Act: Kerala High Court
12 Jun 2026
Supreme Court Dismisses Plea Against Rajya Sabha Nomination Rejection
12 Jun 2026
Insufficient Evidence to Prove Minority or Kidnapping: Gujarat High Court Acquits Two in Atrocity Act Case
29 Jan 2026
Search Results for "income tax appellate tribunal News | Supremetoday AI"
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...
ITAT Rejects Equity Re-characterization of CCDs, Allows Interest Deduction for Goldman Sachs Under IT Act
#TaxLaw #TransferPricing
Debt or Equity? Mumbai ITAT Settles Classification of Mandatory Convertible Debentures in Goldman Sachs Case In a significant ruling for corporate taxation, the Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has clarified the tax treatment of Compulsory Convertible Debentu...
Repayment of Loans in Subsequent Years Bars Section 68 Additions: ITAT Surat Bench Affirms CIT(A)
#IncomeTax #TaxLitigation
Repayment of Loans in Subsequent Years Bars Section 68 Additions: ITAT Surat Bench Affirms CIT(A) In a significant ruling for taxpayers facing scrutiny over "accommodation entries," the Income Tax Appellate Tribunal (ITAT) Surat bench has ruled that additions made under
ITAT Surat: Interest Income from Co-operative Banks Eligible for Deduction u/s 80P(2)(d) for Co-operative Societies
#IncomeTaxAppellateTribunal #Section80P
Tax Relief for Co-ops: ITAT Surat Affirms Deductibility of Interest Income from Co-operative Banks In a significant relief for the co-operative sector, the Income Tax Appellate Tribunal (ITAT) Surat Bench has reaffirmed that co-operative societies are entitled to claim deductio...
PCIT Cannot Invoke Section 263 to Direct Penalty Initiation Where AO Found No Merit: ITAT Visakhapatnam
#IncomeTax #TaxLitigation
ITAT Visakhapatnam Limits PCIT’s Revisional Powers: Penalty Initiation Under Section 263 Deemed Improper In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench, has clarified the boundaries of the Principal Commissioner of Inco...
ITAT Chennai Allows Securitization Costs and SBN Deposits: Verdict on Asirvad Micro Finance vs. DCIT
#TaxLaw #ITAT
Beyond the Decoy: ITAT Validates NBFC Securitization and Post-Demonetization Deposits In a significant ruling for the Non-Banking Financial Company (NBFC) sector, the Income Tax Appellate Tribunal (ITAT) Chennai bench has provided much-needed relief to Asirvad Micro ...
Absence of DIN in Assessment Order Renders it Invalid: ITAT Chennai Rules in Line with CBDT Circular 19/2019
#IncomeTax #TaxLitigation
Missing DIN Costs Revenue: ITAT Chennai Quashes Assessment Order for Procedural Lapse In a landmark reiteration of the importance of procedural rigor in tax administration, the Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has invalidated an assessment order for fai...
ITAT Chennai Quashes Section 148 Notice Issued by Jurisdictional AO for Violating Mandatory Faceless Scheme Requirements
#TaxLaw #FacelessAssessment
Jurisdiction in the Digital Age: ITAT Chennai Strikes Down Non-Faceless Reassessment Notices In a significant ruling that reinforces the sanctity of the "Faceless" assessment regime, the Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has invalidated a ...
ITAT Chennai Limits Scope of Section 263 Revision, Holding 'Inadequate Inquiry' Isn't Ground for Intervention
#IncomeTaxAppellateTribunal #Section263
ITAT Chennai Limits Scope of Section 263 Revision: 'Inadequate Inquiry' Is Not Enough In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) Chennai bench has curtailed the revisionary powers of the Principal Commissioner of Income T...
ITAT Chennai: Common Trustees in Charitable Trusts Do Not Invoke Section 13(1)(c) Disallowance Without Proven Personal Benefit
#TaxExemption #CharitableTrusts
ITAT Chennai Clarifies Thresholds for Section 13 Violation in Charitable Organizations In a significant ruling for charitable organizations, the Income Tax Appellate Tribunal (ITAT), Chennai Bench, has provided clarity on the application of
