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 Mumbai Rules on Capital Expenditure Classification and Deduction Eligibility for Bajaj Holding: Bench Decides Recurring Tax Disputes
#TaxLaw #ITAT
ITAT Mumbai Clarifies Tax Treatment for Industrial Tooling and Leasehold Assets In a comprehensive decision impacting long-standing litigation, theIncome Tax Appellate Tribunal (ITAT) Mumbai Benchrecently adjudicated a series of cross-appeals between theAssistant Commissioner of Income-Tax (L...
No Addition Under Section 153A in Completed Assessments Without New Incriminating Evidence: ITAT Jaipur
#IncomeTax #TaxLitigation
No Addition Under Section 153A in Completed Assessments Without New Incriminating Evidence: ITAT Jaipur In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) Jaipur bench has reaffirmed the limits of the Revenue’s power during post-search assessments. ...
ITAT Mumbai Rules Shares Held as Stock-in-Trade Excluded from Section 14A Disallowance for NBFCs
#TaxLaw #Section14A
ITAT Mumbai Clarifies Scope of Section 14A and MAT Disallowances for Non-Banking Financial Companies In a significant order, theMumbai Bench of theIncome Tax Appellate Tribunal(ITAT) has provided much-needed relief to Non-Banking Financial Companies (NBFCs) regarding the complex computation o...
ITAT Delhi Clarifies Transfer Pricing Norms on Comparable Selection and LIBOR for AE Loans in FIS Global Business Solutions Case
#TransferPricing #ITAT
Navigating the Maze: ITAT Delhi Settles Transfer Pricing Disputes for FIS Global In a significant order addressing the nuances of transfer pricing, the Income Tax Appellate Tribunal (ITAT) Delhi Bench has provided clarity on the selection of compar...
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 ...
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 Upholds Allowability of Operational Expenses for Charitable Trusts: Greenpeace Environment Trust vs ITO
#IncomeTaxAppellateTribunal #TaxLawIndia
ITAT Chennai Curbs Arbitrary Tax Disallowances for Charitable Trusts The Income Tax Appellate Tribunal (ITAT), Chennai, has delivered a significant ruling favoring the operational autonomy of registered charitable trusts. In the appeal filed by the Revenue against Greenpea...
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
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 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...
