Judgement

ITAT allows interest deduction on continuing business loans despite no fresh asset purchases during year.

ITAT Grants Relief Against Vehicle Loan Interest Disallowance Addition

ITAT holds interest on existing business loans allowable despite the absence of fresh asset purchases.

ITAT Allows Interest Claim on Existing Business Loan Liability

Tribunal restores liability verification issue after assessee claimed subsequent payments and tax disclosures.

Export Turnover Exclusions Must Match Total Turnover Computation, Rules ITAT

ITAT quashes assessment after Department failed to prove a valid Section 127 jurisdiction transfer order.

ITAT Grants Relief in Jurisdictional Defect Assessment Challenge

Failure to examine common expense allocation rendered the assessment erroneous and prejudicial, rules the Calcutta High Court.

High Court Orders Fresh Inquiry Into Section 80-IA Deduction Claims

ROC Mumbai fined Director Aditya Anil Vazirani Rs. 10,000 for wrongly declaring CSR as not applicable in the company’s 2024–25 filing,  which indicates the  missing CSR-2 form, with directions to correct the error without affecting approved accounts.

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ITAT Grants Relief Against Vehicle Loan Interest Disallowance Addition

ITAT Allows Interest Claim on Existing Business Loan Liability

Export Turnover Exclusions Must Match Total Turnover Computation, Rules ITAT

ITAT Grants Relief in Jurisdictional Defect Assessment Challenge

High Court Orders Fresh Inquiry Into Section 80-IA Deduction Claims

ROC Mumbai Penalises Director for Wrong CSR Filing