Judgement

The ITAT Ahmedabad held that mere Investigation Wing Report and Penny Stock Allegation is insufficient to establish assessee’s connection 


ITAT Holds Suspicion Cannot Substitute Evidence 

The ITAT Ahmedabad finds no proper basis for applying 8% profit rate on entire bank credits


ITAT Remands Petrol Pump Income Case for Fresh Examination Over Unjustified 8% Profit Estimation

ITAT condoned a 690-day delay and deleted Rs 9.20 lakh in foreign travel and other expense disallowances while remanding a Rs 4.36 lakh Form 26AS mismatch for fresh verification.

ITAT Deletes Rs 6.42 Lakh Spousal Reimbursement Disallowance, Grants Relief on Rs 9.20 Lakh Foreign Travel Expenses

News

CBI Court has convicted ex-Cotton Corporation of India officer and his wife in a disproportionate assets case, sentencing them to five and four years of RI, respectively.

CBI Court Sentences Ex-Cotton Purchase Officer to Rigorous Imprisonment for 5 Years in Rs 94 Lakh DA Case

CBI, in coordination with MEA, MHA and Punjab Police, secured the extradition of wanted fugitive Amritpal Singh from Moldova to India on September 12, 2026.

CBI Secures Extradition of Wanted Fugitive Amritpal Singh from Moldova to India

The ITAT Delhi has held supervisory revenue taxable as business profits under India-Italy DTAA.

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ITAT Holds Suspicion Cannot Substitute Evidence

ITAT Remands Petrol Pump Income Case for Fresh Examination Over Unjustified 8% Profit Estimation

ITAT Deletes Rs 6.42 Lakh Spousal Reimbursement Disallowance, Grants Relief on Rs 9.20 Lakh Foreign Travel Expenses

CBI Court Sentences Ex-Cotton Purchase Officer to Rigorous Imprisonment for 5 Years in Rs 94 Lakh DA Case

CBI Secures Extradition of Wanted Fugitive Amritpal Singh from Moldova to India

ITAT Holds Offshore Supplies by Italian Company Not Taxable in India