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Statement Recorded During Survey u/s 133A Has No Evidentiary Value; Cannot Be Sole Basis for Addition: ITAT Jaipur

Statement Recorded During Survey u/s 133A Has No Evidentiary Value; Cannot Be Sole Basis for Addition: ITAT Jaipur

#IncomeTax #TaxLaw #ITAT

Statement Under S.133A Survey Has No Evidentiary Value, Can't Be Sole Basis for Addition: ITAT Jaipur Deletes ₹1.27 Cr Addition Jaipur:The Income Tax Appellate Tribunal (ITAT), Jaipur Bench, has delivered a significant ruling, holding that a statement recorded during a survey operation under ...

India - Income Tax Appellate Tribunal Case Law 29 Jul 2025
No Penalty U/s 271(1)(c) When Existence of Permanent Establishment is a Debatable Issue Admitted by High Court, Even if Settled via MAP: ITAT Chennai

No Penalty U/s 271(1)(c) When Existence of Permanent Establishment is a Debatable Issue Admitted by High Court, Even if Settled via MAP: ITAT Chennai

#TaxPenalty #PermanentEstablishment #DTAA

No Penalty for Inaccurate Particulars When PE Existence is Debatable, ITAT Chennai Rules CHENNAI:The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has delivered a significant ruling, holding that a penalty under Section 271(1)(c) of the Income Tax Act, 1961, for furnishing inaccurate p...

India - Income Tax Appellate Tribunal Case Law 29 Jul 2025
Notice to a Non-Existent Entity is a Jurisdictional Defect, Not a Curable Error; Reassessment Quashed: ITAT Chennai [S.148, S.292B Income Tax Act]

Notice to a Non-Existent Entity is a Jurisdictional Defect, Not a Curable Error; Reassessment Quashed: ITAT Chennai [S.148, S.292B Income Tax Act]

#TaxLaw #Amalgamation #ITAT

Notice to Non-Existent Entity is a Jurisdictional Defect, Renders Assessment Void: ITAT Chennai Quashes Order Against Ashok Leyland CHENNAI— The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has delivered a significant ruling, quashing a reassessment order issued by the Income Tax Depa...

India - Income Tax Appellate Tribunal Case Law 29 Jul 2025
Filing Form 10 Before Assessment Completion is Sufficient Compliance for Claiming Exemption U/S 11(2): ITAT Kolkata

Filing Form 10 Before Assessment Completion is Sufficient Compliance for Claiming Exemption U/S 11(2): ITAT Kolkata

IncomeTax ITATKolkata Section11

Filing Form 10 Before Assessment Ends is Sufficient Compliance, Pre-Printed Certificates Don't Invalidate Corpus Donations: ITAT Kolkata Kolkata, July 28, 2025- In a significant ruling for charitable organizations, the Income Tax Appellate Tribunal (ITAT), Kolkata Bench, has held that filing ...

India - Income Tax Appellate Tribunal Case Law 28 Jul 2025
Intra-Group Services TP Adjustment: ITAT Mumbai Remands ₹24.18 Cr Case, Orders Re-evaluation Based on Five-Fold Test (Need, Rendition, Benefit)

Intra-Group Services TP Adjustment: ITAT Mumbai Remands ₹24.18 Cr Case, Orders Re-evaluation Based on Five-Fold Test (Need, Rendition, Benefit)

#TransferPricing #ITAT #TaxLaw

ITAT Mumbai Sets Aside ₹24.18 Crore TP Adjustment, Remands Case for Re-evaluation Mumbai, India- The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has set aside a significant transfer pricing adjustment of ₹24.18 crore imposed on Portescap India Private Limited (PIPL). In a crucial ruli...

India - Income Tax Appellate Tribunal Case Law 28 Jul 2025
ITAT Mumbai: Potential for Foreign Activity in Trust Deed No Bar to S. 12AB Registration if Operations are Expressly Limited to India

ITAT Mumbai: Potential for Foreign Activity in Trust Deed No Bar to S. 12AB Registration if Operations are Expressly Limited to India

#IncomeTax #CharitableTrust #ITAT

Trust's Potential Foreign Activity Not Grounds for Denying Tax Registration, Rules ITAT Mumbai Mumbai, July 28, 2025– The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has ruled that the mere existence of clauses in a trust deed that could potentially allow for activities outside India ...

India - Income Tax Appellate Tribunal Case Law 28 Jul 2025
IT Support & Software Access Fees Not 'Royalty' or 'FTS' if No Technical Knowledge is 'Made Available' Under India-Netherlands DTAA: ITAT Mumbai

IT Support & Software Access Fees Not 'Royalty' or 'FTS' if No Technical Knowledge is 'Made Available' Under India-Netherlands DTAA: ITAT Mumbai

#InternationalTax #DTAA #ITAT

ITAT Upholds Precedent, Rules Shell's IT Service Receipts Not Taxable as Royalty or FTS Mumbai:The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has once again ruled in favor of Shell Information Technology International BV, holding that payments received for providing IT support and so...

India - Income Tax Appellate Tribunal Case Law 28 Jul 2025
When Incriminating Material Is Found in a Third-Party Search, Reassessment Must Be Under S.153C, Not S.147 of Income Tax Act: Mumbai ITAT

When Incriminating Material Is Found in a Third-Party Search, Reassessment Must Be Under S.153C, Not S.147 of Income Tax Act: Mumbai ITAT

#IncomeTax #TaxLaw #ITAT

ITAT Quashes Reassessment: S.153C Mandatory for Third-Party Search Material, Overrides S.147 Mumbai, Maharashtra– The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has delivered a significant ruling, quashing reassessment proceedings initiated under Section 147 of the Income-tax Act, 19...

India - Income Tax Appellate Tribunal Case Law 28 Jul 2025
Assessee Can Claim Additional Deductions During Appeal Proceedings Even if Not Claimed in Original Return: Ahmedabad ITAT

Assessee Can Claim Additional Deductions During Appeal Proceedings Even if Not Claimed in Original Return: Ahmedabad ITAT

IncomeTax ITAT ESOP

ITAT Allows Arvind Ltd's Additional Claims, Upholds ESOP Deductibility in Major Win for Taxpayer Ahmedabad, July 3, 2025– In a significant ruling that reinforces taxpayer rights, the Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that an assessee can raise additional cla...

India - Income Tax Appellate Tribunal Case Law 03 Jul 2025
SBN Deposits During Demonetisation: Addition u/s 69A Cannot Be Solely Based on Violation of Notification, Must Follow CBDT's SOP: ITAT Hyderabad

SBN Deposits During Demonetisation: Addition u/s 69A Cannot Be Solely Based on Violation of Notification, Must Follow CBDT's SOP: ITAT Hyderabad

#IncomeTax #Demonetisation #ITAT

ITAT Remands ₹39.66 Cr Demonetisation Case, Says Tax Dept Can't Ignore CBDT's SOP for Cash Deposits Hyderabad:In a significant ruling concerning cash deposits during the 2016 demonetisation period, the Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has set aside an addition of ₹39.66 ...

India - Income Tax Appellate Tribunal Case Law 03 Jul 2025
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