Judgement

ITAT ruled that an educational publishing trust is entitled to Sections 11 and 12 tax exemption, as selling educational books does not amount to commercial activity.

ITAT Grants Tax Exemption to Educational Publishing Trust Under Sections 11 and 12

Tribunal holds that total income includes capital gains; a rebate cannot be restricted without statutory prohibition.

Bangalore ITAT Clarifies 87A Rebate Available Under New Tax Regime

Articles

A practical guide for salaried taxpayers to avoid common capital gain reporting mistakes while filing ITR and prevent notices, penalties, and excess tax payments.

5 Capital Gain Mistakes Salaried Employees Make While Filing ITR

The ITAT Delhi applies the LIBOR benchmark and grants substantial relief in the transfer pricing dispute.

ITAT Delhi Grants Major Transfer Pricing Relief to ACME Cleantech Solutions

Delhi ITAT rules audited financial statements prevail over incorrect database entries in transfer pricing matters.

ITAT Delhi Rejects Database Error-Based Comparable Exclusion in Transfer Pricing Case

The ITAT holds that Section 153C original assessment proceedings are invalid because they were based on a single consolidated satisfaction note covering multiple assessment years.

Explore Our Blogs

ITAT Grants Tax Exemption to Educational Publishing Trust Under Sections 11 and 12

Bangalore ITAT Clarifies 87A Rebate Available Under New Tax Regime

5 Capital Gain Mistakes Salaried Employees Make While Filing ITR

ITAT Delhi Grants Major Transfer Pricing Relief to ACME Cleantech Solutions

ITAT Delhi Rejects Database Error-Based Comparable Exclusion in Transfer Pricing Case

A Single Consolidated Satisfaction Note Cannot Cover More Than One Assessment Year: ITAT