Judgement

ITAT quashes Section 263 revision, holding explained fund movements cannot justify unexplained income.

ITAT Rules Section 263 Unsustainable in Refunded Advance Transaction Case

ITAT deletes penalties citing defective notices, bona fide claims and absence of concealment.

Penalty Proceedings Fail Due to Non-Specific Notices, Debatable PF Disallowances and Genuine R&D Deduction Claim

ITAT quashes Section 271B penalty as assessment order lacked satisfaction for initiation proceedings.

ITAT Cancels Audit Default Penalty Over Jurisdictional Defect

The Income Tax Appellate Tribunal (ITAT), Mumbai, has held that receipts earned by a German tax resident from services rendered to Indian companies could not be taxed in India as Fees for Technical Services (FTS). The Tribunal ruled that such income was

ITAT Holds Income Earned by German Resident from Independent Professional Services Not Taxable in India

Tribunal condones 1,053-day delay and remands penalty appeal for fresh adjudication and hearing.

ITAT Sets Aside Ex-Parte Penalty Order on Natural Justice Grounds

High Court quashes reassessment, finding full disclosure and mere change of opinion by Revenue.

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ITAT Rules Section 263 Unsustainable in Refunded Advance Transaction Case

Penalty Proceedings Fail Due to Non-Specific Notices, Debatable PF Disallowances and Genuine R&D Deduction Claim

ITAT Cancels Audit Default Penalty Over Jurisdictional Defect

ITAT Holds Income Earned by German Resident from Independent Professional Services Not Taxable in India

ITAT Sets Aside Ex-Parte Penalty Order on Natural Justice Grounds

HC Strikes Down Reopening of Accepted Section 80-IA Claim