Judgement

No Carve-Out for ‘Exclusive’ Overseas Expenses; Section 44C Overrides Section 37 for Non-Resident Entities

Supreme Court Settles Section 44C Debate: Head Office Expense Cap Applies Across the Board

Show Cause and Adjudication Orders Quashed for Breach of Natural Justice; Validity of GST Time-Extension Notifications Kept Open Pending SC's Decision

Natural Justice Violation: Delhi HC Remands Ex-Parte GST Adjudication With Safeguards

ITAT held that Section 263 cannot be invoked merely on a difference of opinion and set aside the PCIT’s revision order, granting relief to the assessee company.

ITAT Quashes PCIT’s Revision Order, Ruling Second Opinion Not Allowed Under Section 263

ITAT Holds Substantial Construction and Occupation Enough; Municipal Certificates Not a Legal Precondition for Section 54F Deduction

No Completion Certificate Needed for 54F: ITAT Allows Capital Gains Exemption

ITAT partly upheld the tax addition on agricultural income due to lack of evidence, but quashed the reassessment under Section 68, holding it to be a mere change of opinion and legally invalid.

ITAT Partly Upholds Section 68 Agricultural Income Addition but Cancels Unexplained Loan Reopening

ITAT remands the Section 68 Unsecured Loan Addition dispute to CIT(A), on the grounds that additional evidence on unsecured loans u/s 68 requires factual verification.

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Supreme Court Settles Section 44C Debate: Head Office Expense Cap Applies Across the Board

Natural Justice Violation: Delhi HC Remands Ex-Parte GST Adjudication With Safeguards

ITAT Quashes PCIT’s Revision Order, Ruling Second Opinion Not Allowed Under Section 263

No Completion Certificate Needed for 54F: ITAT Allows Capital Gains Exemption

ITAT Partly Upholds Section 68 Agricultural Income Addition but Cancels Unexplained Loan Reopening

ITAT Remands Section 68 Unsecured Loan Addition to CIT(A) for Fresh Adjudication