Search Results for "income tax appellate tribunal News | Supremetoday AI"

ITAT Mumbai Strikes Down Reassessment Order for Non-Compliance with Mandatory 'GKN Driveshafts' Procedure

ITAT Mumbai Strikes Down Reassessment Order for Non-Compliance with Mandatory 'GKN Driveshafts' Procedure

#IncomeTax #TaxLitigation

India - Income Tax Appellate Tribunal • Section 147 and 148 of the Income-tax Act, 1961 • 06 Jun 2026
ITAT Kolkata Rules in Favor of Philips India on Disputed Transfer Pricing Adjustments: AY 2021-22

ITAT Kolkata Rules in Favor of Philips India on Disputed Transfer Pricing Adjustments: AY 2021-22

#TransferPricing #ITAT

India - Income Tax Appellate Tribunal • Income Tax Appellate Tribunal Appeal • 06 Jun 2026
ITAT Mumbai Rules Penalty Under Section 271(1)(c) Requires Merit-Based Hearing, Citing Principles of Natural Justice

ITAT Mumbai Rules Penalty Under Section 271(1)(c) Requires Merit-Based Hearing, Citing Principles of Natural Justice

#IncomeTaxAppellateTribunal #TaxPenalty

India - Income Tax Appellate Tribunal • Section 271(1)(c) Income Tax Act • 06 Jun 2026
Payments for Global Support Services Not Taxable as 'Royalty' Under India-UK DTAA: ITAT Mumbai

Payments for Global Support Services Not Taxable as 'Royalty' Under India-UK DTAA: ITAT Mumbai

#InternationalTax #ITAT

India - Income Tax Appellate Tribunal • TDS on Royalty under Section 195 • 06 Jun 2026
Payments to Global Entities for Shared Services Are Not 'Royalty' Under India-UK DTAA: Mumbai ITAT

Payments to Global Entities for Shared Services Are Not 'Royalty' Under India-UK DTAA: Mumbai ITAT

#InternationalTax #ITAT

India - Income Tax Appellate Tribunal • Royalties under India-UK DTAA • 06 Jun 2026
Upholding Principle of Consistency: ITAT Mumbai Maintains 12.5% Addition on Bogus Purchases

Upholding Principle of Consistency: ITAT Mumbai Maintains 12.5% Addition on Bogus Purchases

#IncomeTax #TaxLitigation

India - Income Tax Appellate Tribunal • Assessment of Alleged Bogus Purchases • 06 Jun 2026
ITAT Mumbai: Addition of Bogus Long-Term Capital Gains Under Section 68 Requires Specific Evidence, Not Just General Findings

ITAT Mumbai: Addition of Bogus Long-Term Capital Gains Under Section 68 Requires Specific Evidence, Not Just General Findings

#TaxLaw #IncomeTaxAppellateTribunal

India - Income Tax Appellate Tribunal • Section 68 of the Income Tax Act • 06 Jun 2026
ITAT Mumbai Upholds Non-Corporate Status for Kuwait Investment Authority, Allows Set-Off of Short-Term Capital Losses

ITAT Mumbai Upholds Non-Corporate Status for Kuwait Investment Authority, Allows Set-Off of Short-Term Capital Losses

#TaxLaw #ITAT

India - Income Tax Appellate Tribunal • Section 70(2) and Section 115AD of the Income-tax Act • 06 Jun 2026
AOPs Taxed at Maximum Marginal Rate Must Apply Surcharge Based on Finance Act Slabs: ITAT Panaji

AOPs Taxed at Maximum Marginal Rate Must Apply Surcharge Based on Finance Act Slabs: ITAT Panaji

#IncomeTax #TaxLitigation

India - Income Tax Appellate Tribunal • Income Tax Act, Section 164 & 167B • 06 Jun 2026
ITAT Mumbai Rules Procedural Errors in Filing Appeals Should Not Prejudice Assessee’s Right to Adjudication on Merits

ITAT Mumbai Rules Procedural Errors in Filing Appeals Should Not Prejudice Assessee’s Right to Adjudication on Merits

#ITAT #IncomeTaxPenalty

India - Income Tax Appellate Tribunal • Section 271(1)(b) and 271(1)(c) of the Income Tax Act, 1961 • 06 Jun 2026
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