Judgement

The ITAT Patna directs CIT(A) to reconsider penalty after observing that procedural lapse should not override substantive compliance. 

ITAT Rules Non-Filing of Form 68 Alone Cannot Defeat Immunity Claim

The ITAT Delhi condones a 950-day delay caused by internal partner disputes and restores the tax appeal for fresh adjudication on merits.

950-Day Delay Condoned: ITAT Directs Fresh Merits-Based Adjudication

The ITAT Delhi ruled that the arm's length guarantee commission should be restricted to 0.5% instead of 1.3% adopted by the Transfer Pricing Officer.

ITAT holds Corporate Guarantee Given to Overseas Subsidiary Requires TP Benchmarking, but Guarantee Commission Cannot Exceed 0.5%

Notifications

The Central Government has granted an income tax exemption to the Kerala Headload Workers Welfare Board for tax years 2026-27 to 2028-29, subject to compliance with the prescribed conditions under the Income Tax Act, 2025.

Kerala Headload Workers Welfare Board Granted Income Tax Exemption for Three Tax Years

ITAT deletes Rs. 18.04 lakh penalty under Section 270A, holding that a voluntarily corrected bona fide tax-filing error did not warrant penalty.

ITAT Deletes Rs. 18.04 Lakh Penalty Under Section 270A for Bona Fide Tax-Filing Error

News

Blue Dart Express has received a GST show cause notice involving Rs 21.03 crore in tax over alleged excess ITC claims for FY23, along with interest and penalty.

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ITAT Rules Non-Filing of Form 68 Alone Cannot Defeat Immunity Claim

950-Day Delay Condoned: ITAT Directs Fresh Merits-Based Adjudication

ITAT holds Corporate Guarantee Given to Overseas Subsidiary Requires TP Benchmarking, but Guarantee Commission Cannot Exceed 0.5%

Kerala Headload Workers Welfare Board Granted Income Tax Exemption for Three Tax Years

ITAT Deletes Rs. 18.04 Lakh Penalty Under Section 270A for Bona Fide Tax-Filing Error

Blue Dart Receives GST Show Cause Notice Over Rs 21.03 Crore ITC Issue