Judgement

The ITAT Pune holds that interest and dividend from co-operative society investments can qualify for deduction under Section 80P(2)(d).


ITAT Holds Interest Income from Co-operative Bank Investments Eligible for Deduction Under Section 80P(2)(d)

The ITAT Mumbai held that exempt dividend can not be treated as taxable only if not disclosed in Schedule EI


ITAT Rules Mere Omission to Report Exempt Dividend Cannot Convert Tax-Exempt Income into Taxable Income

ITAT Deletes Rs 52.33 Lakh Addition as AO Cannot Deny Genuine Capital Loss Without Invoking Section 94(7) of Income Tax Act

The ITAT held that DDDT on dividends paid to Swiss shareholders cannot exceed the 10% rate prescribed under the India–Switzerland DTAA and directed the refund of the excess tax paid.

ITAT Restricts DDT to 10% Under India-Switzerland DTAA; Orders Excess Tax Refund

Articles

Learn the correct ITR reporting for buyback proceeds, dividend income, and capital loss under the new tax rules.

Buyback Proceeds Now Taxable as Dividend: How to Report it in Your ITR

Learn the complete tax treatment of deemed dividend under Section 2(22) of the Income Tax Act, 1961, including loans, buybacks, asset distributions, liquidation, and practical examples.

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ITAT Holds Interest Income from Co-operative Bank Investments Eligible for Deduction Under Section 80P(2)(d)

ITAT Rules Mere Omission to Report Exempt Dividend Cannot Convert Tax-Exempt Income into Taxable Income

ITAT Deletes Rs 52.33 Lakh Addition as AO Cannot Deny Genuine Capital Loss Without Invoking Section 94(7) of Income Tax Act

ITAT Restricts DDT to 10% Under India-Switzerland DTAA; Orders Excess Tax Refund

Buyback Proceeds Now Taxable as Dividend: How to Report it in Your ITR

Received Dividend, Loan, or Buyback Proceeds? Decode Deemed Dividend Under Section 2(22) with Practical Examples