Judgement

The ITAT deleted the Rs 28.92 lakh Section 68 addition for unexplained credits; however, it sustained additions for low household withdrawals and TDS defaults on freight expenses.

ITAT Deletes Unexplained Credit Addition But Confirms Household Expense and TDS Disallowances

Articles

ITR filing for AY 2026-27 has started with several important changes in reporting requirements.

ITR Filing AY 2026-27: 7 Major Changes Every Taxpayer Must Know

Customer denial alone insufficient to reject commission expenditure backed by documentary records.

ITAT Mumbai Deletes Commission Disallowance of Rs 23.69 Lakh After Finding Adequate Evidence of Genuine Payments

ITAT Mumbai deletes Section 69A addition after verifying loan transactions through banking channels and records.

ITAT Deletes Rs.50 Lakh Addition Based on Verified Bank Transactions.

ITAT Deletes Rs.50 Lakh Addition Based on Verified Bank Transactions

Tribunal holds BSNL VRS 2019 ex-gratia qualifies as retrenchment compensation under Section 10(10B).

ITAT Chennai Condones Delay of Over 1,500 Days, Allows Full Exemption on BSNL VRS Compensation

ITAT remands capital gains computation to verify 2007 acquisition cost and indexation claim.

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ITAT Deletes Unexplained Credit Addition But Confirms Household Expense and TDS Disallowances

ITR Filing AY 2026-27: 7 Major Changes Every Taxpayer Must Know

ITAT Mumbai Deletes Commission Disallowance of Rs 23.69 Lakh After Finding Adequate Evidence of Genuine Payments

ITAT Deletes Rs.50 Lakh Addition Based on Verified Bank Transactions

ITAT Chennai Condones Delay of Over 1,500 Days, Allows Full Exemption on BSNL VRS Compensation

ITAT Directs Fresh Examination of Indexation Claim on CIDCO Land Rights