Judgement

ITAT deletes addition of Rs.13,00,000 under Section 69A after accepting documentary evidence that cash deposits were sale proceeds of rural agricultural land exempt under Section 10(1).

ITAT Deletes Rs.13 Lakh Addition Made on Cash Deposits; Sale of Agricultural Land Accepted as Source

News

if you are responding to a hearing notice, you will now be able to check the exact date when your submission was viewed on the Income Tax Portal by the AO or CIT(A)

Income Tax Portal Update: Now You Can Track When AO Viewed Your Submission for Notices

Articles

The department is using the Artificial Intelligence (AI) Tools to find cases where the taxpayers have submitted fake receipts of school fees, political party donations, and NGO.

Income Tax Department Identifies Over Rs 900 Crore Fake Refund Claims in ITR Using AI

ITAT Mumbai affirms CIT(A)’s order granting Article 8 India–Israel DTAA benefit; holds company managed from Israel and not taxable in India on shipping income.

ITAT Confirms DTAA Exemption under Article 8, Holding Shipping Income Not Taxable in India

ITAT holds that capital gains from sale of Flipkart Singapore shares by a Singapore tax resident are taxable only in Singapore under Article 13(5) of the India–Singapore DTAA.

ITAT Rules Capital Gains on Flipkart Share Sale Not Taxable in India under India–Singapore DTAA

ITAT Rules Capital Gains on Flipkart Share Sale Not Taxable in India under India-Singapore DTAA

ITAT allows Rs. 31.11 crore paid to settle US patent dispute as deductible business expenditure; holds payment compensatory and not prohibited by law under Section 37(1).

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ITAT Deletes Rs.13 Lakh Addition Made on Cash Deposits; Sale of Agricultural Land Accepted as Source

Income Tax Portal Update: Now You Can Track When AO Viewed Your Submission for Notices

Income Tax Department Identifies Over Rs 900 Crore Fake Refund Claims in ITR Using AI

ITAT Confirms DTAA Exemption under Article 8, Holding Shipping Income Not Taxable in India

ITAT Rules Capital Gains on Flipkart Share Sale Not Taxable in India under India-Singapore DTAA

ITAT: Settlement Payment for Patent Dispute Allowable as Business Expenditure, Not Penal in Nature