India -

Mere Suspicion Insufficient to Cancel Trust Registration: ITAT Hyderabad

Mere Suspicion and Pending Assessments Cannot Justify Cancellation of Charitable Trust Registration, Rules ITATHyderabad, IN– In a significant ruling that reinforces the safeguards for charitable institutions, the Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that the c...

21 Oct 2025

India -

ITAT Bangalore: Uncorroborated 'Dumb Diaries' Not Penned by Assessee Insufficient for Income Tax Additions; Deletes Additions U/s 69A, 69C

Uncorroborated Diaries Insufficient for Tax Additions, Rules ITAT Bangalore Bengaluru:The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has delivered a significant ruling emphasizing that additions to income cannot be sustained solely based on uncorroborated entries in diaries seized...

28 May 2025