Judgement

ITAT Ahmedabad grants final opportunity on Section 57 interest deduction, remands case to CIT(A) for non-cooperation after repeated missed hearings.

ITAT Grants Final Opportunity to Assessee on Section 57 Interest Deduction Claim

Court holds that High Courts cannot direct CBDT to modify tax software, clarifying that technology cannot replace factual verification by Assessing Officers

Supreme Court Sets Aside High Court’s Direction to CBDT on Software Changes in TDS Demand Cases

Addition for stamp duty difference set aside after Tribunal finds assessee was only a joint holder and had made no investment

ITAT Deletes Section 56 Addition on Joint Property Purchase Where Entire Payment Made by Spouse

News

The Finance Act, 2025 revamps New Tax Regime from FY 2025-26 with lower tax rates, higher exemptions, and relief for salaried and middle-class taxpayers.

Finance Act 2025 Introduces Lower Tax Burden and Higher Exemption Under New Tax Regime

ITAT dismissed the tax department’s appeal and upheld the deletion of a Rs. 3.97 crore ad hoc expense disallowance, holding that the AO failed to point out any specific defects.

ITAT Upholds CIT(A)'s Deletion of Rs. 3.97 Crore Ad Hoc Expense Disallowance in Charitable Trust Case

The Tribunal ruled that reopening just because of a change of opinion is bad under the law and quashed the relevant reassessment order.

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ITAT Grants Final Opportunity to Assessee on Section 57 Interest Deduction Claim

Supreme Court Sets Aside High Court’s Direction to CBDT on Software Changes in TDS Demand Cases

ITAT Deletes Section 56 Addition on Joint Property Purchase Where Entire Payment Made by Spouse

Finance Act 2025 Introduces Lower Tax Burden and Higher Exemption Under New Tax Regime

ITAT Upholds CIT(A)'s Deletion of Rs. 3.97 Crore Ad Hoc Expense Disallowance in Charitable Trust Case

ITAT Quashes Reassessment Beyond Four Years; Deletes Rs 14.03 Crore Sub-Contract Expense Disallowance