Judgement

ITAT restored the appeal, ruling that CIT(A) cannot dismiss an appeal solely for non-prosecution and must decide it on merits.

Income Tax: ITAT condones delay of 400 days in filing appeal, imposes cost on Taxpayer

The High Court granted bail to Santosh Wadhwani in an alleged Rs 12 crore fake ITC fraud case, citing largely documentary evidence and completion of investigation.

High Court Grants Bail to 49-Year-Old Accused in Rs 11.44 Crore Fake ITC Fraud Case

ITAT allows actuarial employee benefit provisions and deletes major expense disallowances based on TDS grounds.

ITAT Allows Actuarial Employee Benefit Provision; Deletes TDS-Based Disallowances

Articles

An overview of the revised TDS provisions on property purchases under Section 393(1) of the Income Tax Act, 2025, effective April 1, 2026.

Section 393(1) Explained: New TDS Rules on Property Purchase

News

The original penalty was RUB 20.09 million (Rs 24.50 million), which has been slashed to RUB 9.27 million (Rs 11.40 million).

Dr. Reddy's Russian Subsidiary Gets Major Relief as Penalty Reduced to Rs 11.40 Million

ITAT allows actuarial employee benefit provisions, deletes major expense disallowances, and grants substantial relief

Explore Our Blogs

Income Tax: ITAT condones delay of 400 days in filing appeal, imposes cost on Taxpayer

High Court Grants Bail to 49-Year-Old Accused in Rs 11.44 Crore Fake ITC Fraud Case

ITAT Allows Actuarial Employee Benefit Provision; Deletes TDS-Based Disallowances

Section 393(1) Explained: New TDS Rules on Property Purchase

Dr. Reddy's Russian Subsidiary Gets Major Relief as Penalty Reduced to Rs 11.40 Million

Actuarial Employee Benefit Claims Allowed; ITAT Deletes Large Expense Additions