Judgement

Tribunal holds overseas advisory services taxable only in residence country under applicable treaty.

ITAT Holds Marketing Advisory Receipts Not Taxable as FTS

News

The Income Tax Department has enabled ITR-3 filing for AY 2026-27 by releasing the Excel utility with new disclosure requirements for business taxpayers, professionals, and traders.

IT Department Releases ITR-3 Excel Utility for AY 2026-27; Filing Begins with New Disclosure Requirements

LG Electronics India Ltd has received a Rs 8.23 crore income tax penalty over a 2013-14 incentive tax dispute with the Uttar Pradesh government and plans to challenge the order in appeal.

LG Electronics India Faces Rs 8.23 Crore Tax Penalty, Plans Legal Challenge

ITAT deletes additions after finding share transactions genuine and capital gains already taxed.

ITAT Quashes Section 69 Addition on Alleged Penny Stock Transactions

ITAT holds fully disclosed taxability dispute cannot attract penalty under Section 270A provisions.

ITAT Cancels Penalty Arising from Royalty and FTS Characterisation Dispute

ITAT deletes bogus purchase additions citing documentary evidence, stock records and denied cross-examination.

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ITAT Holds Marketing Advisory Receipts Not Taxable as FTS

IT Department Releases ITR-3 Excel Utility for AY 2026-27; Filing Begins with New Disclosure Requirements

LG Electronics India Faces Rs 8.23 Crore Tax Penalty, Plans Legal Challenge

ITAT Quashes Section 69 Addition on Alleged Penny Stock Transactions

ITAT Cancels Penalty Arising from Royalty and FTS Characterisation Dispute

ITAT Quashes Bogus Purchase Addition Backed Only by Statements