Judgement

ITAT Deletes Rs 52.33 Lakh Addition as AO Cannot Deny Genuine Capital Loss Without Invoking Section 94(7) of Income Tax Act

News

Cummins India disclosed that the Income Tax Department has approached the Bombay High Court challenging ITAT relief granted on a Rs 210.77 crore tax adjustment.

Income Tax Department Challenges Rs 210.77 Crore ITAT Relief Granted to Cummins India Before Bombay High Court

 High Court Quashes Section 148 Reassessment Notice for 2015-16 as Barred by Limitation 

ITAT Deletes Additions for Cash Deposits After Finding Assessee's Explanation Credible

Tribunal holds consequential assessment void after Section 263 order is quashed, without examining deduction merits.

ITAT Holds Section 263 Assessment Cannot Survive After Revision Order Is Quashed.

ITAT Holds Section 263 Assessment Cannot Survive After Revision Order Is Quashed

ITAT rules CPC cannot disallow Section 80P deduction through summary processing or rectification.

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ITAT Deletes Rs 52.33 Lakh Addition as AO Cannot Deny Genuine Capital Loss Without Invoking Section 94(7) of Income Tax Act

Income Tax Department Challenges Rs 210.77 Crore ITAT Relief Granted to Cummins India Before Bombay High Court

High Court Quashes Section 148 Reassessment Notice for 2015-16 as Barred by Limitation

ITAT Deletes Additions for Cash Deposits After Finding Assessee's Explanation Credible

ITAT Holds Section 263 Assessment Cannot Survive After Revision Order Is Quashed

ITAT Allows Section 80P Deduction on Interest From Co-operative Banks