Judgement

ITAT Mumbai allows ACG Pam Pharma to claim Section 80G deduction on CSR donation, quashing PCIT's revision under Section 263.

Income Tax: ITAT Allows Section 80G Deduction on CSR Expense

Tribunal holds assessment order invalid as passed beyond limitation under Section 144C(13); other grounds left open.

The Income Tax Department has introduced the Annual Information Statement (AIS) to help people see all their financial transactions in one place.

Tribunal deletes penalty; holds AO’s failure to specify concealment or inaccurate particulars vitiates proceedings.

Tribunal upholds deletion of 2.22 crore addition; holds cash deposits reflected genuine sales duly recorded in books.

The taxpayers investing in these specified bonds of IREDA can claim exemption under the said section.