Judgement

Tribunal rules damages received for right to sue are not taxable capital gains.

ITAT Rejects Capital Gains Tax on Settlement Compensation Received.

ITAT Rejects Capital Gains Tax on Settlement Compensation Received

Tribunal rules compensation for right to sue is not taxable as capital gains.

ITAT Upholds Relief on Compensation Received Under Consent Decree.

ITAT Upholds Relief on Compensation Received Under Consent Decree

Tribunal sustains concealment penalty where return was filed only after reassessment notice issuance.

ITAT Upholds Penalty for Non-Filing Return Before Reassessment Notice.

ITAT Upholds Penalty for Non-Filing Return Before Reassessment Notice

Delhi High Court upholds reassessment, holding limitation extended by statutory exclusion of reply period.

Delhi HC Confirms Validity of Reassessment Initiated Within Limitation.

Delhi HC Confirms Validity of Reassessment Initiated Within Limitation

The ITAT allowed a deduction under Section 80GGC for a genuine political donation, deleting the Rs 1 lakh addition due to lack of evidence of accommodation entries or any benefit received by the taxpayer.

Section 80GGC Deduction Cannot Be Denied Without Evidence, Rules ITAT Jodhpur

The Income Tax Appellate Tribunal (ITAT) Delhi has held that notional interest on interest-free loans advanced to subsidiary companies cannot be brought to tax in the absence of actual accrual or receipt of income.

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ITAT Rejects Capital Gains Tax on Settlement Compensation Received

ITAT Upholds Relief on Compensation Received Under Consent Decree

ITAT Upholds Penalty for Non-Filing Return Before Reassessment Notice

Delhi HC Confirms Validity of Reassessment Initiated Within Limitation

Section 80GGC Deduction Cannot Be Denied Without Evidence, Rules ITAT Jodhpur

ITAT Deletes Notional Interest Addition on Interest-Free Loans to Subsidiaries and Remands Ad-hoc Capitalization of Installation Expenses