Judgement

The ITAT Delhi deleted additions of Rs 7.28 Crore holding the taxpayer had no Permanent Establishment (PE) in India.

ITAT Delhi Deletes Rs 7.28 Crore Income Tax Addition Over Alleged Permanent Establishment in India

ITAT allows business loss claims, deletes Section 68 addition and Section 14A disallowance.

ITAT Allows Write-Off of Rs 54.88 Crore as Business Loss, Rejects Revenue’s Multiple Disallowances

News

Mastek faces a Rs 123.58 crore tax addition and plans to challenge the order.

Mastek Limited Receives Rs 123.58 Crore Income Tax Addition for FY 2022-23 

An Income Tax Office superintendent in Bhadrak, Odisha, was arrested by the CBI for allegedly accepting a Rs 4,000 bribe to delete a duplicate PAN card record.

Income Tax Official in Bhadrak Held by CBI in Rs 4,000 Bribery Case

The ITAT dismissed Revenue’s appeals, ruling that BRR Securities, being merely a conduit entity, could not be subjected to protective additions.

ITAT Delhi Deletes Protective Additions in Accommodation Entry Case; Revenue’s Appeals Dismissed

The ITAT Delhi invalidates reassessment proceedings initiated merely by relying on information received from the CRUI module insight portal without independently examining the facts.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

ITAT Delhi Deletes Rs 7.28 Crore Income Tax Addition Over Alleged Permanent Establishment in India

ITAT Allows Write-Off of Rs 54.88 Crore as Business Loss, Rejects Revenue’s Multiple Disallowances

Mastek Limited Receives Rs 123.58 Crore Income Tax Addition for FY 2022-23

Income Tax Official in Bhadrak Held by CBI in Rs 4,000 Bribery Case

ITAT Delhi Deletes Protective Additions in Accommodation Entry Case; Revenue’s Appeals Dismissed

Case Reopening Merely Relying on Information Received from Insight Portal Held Invalid: ITAT