Judgement

The Income Tax Appellate Tribunal (ITAT) Bangalore has quashed the revisionary order passed under Section 263 of the Income Tax Act, 1961 against Khoday India Limited holding it as unsustainable.

ITAT Bangalore Quashes Section 263 Revision as Assessee Had Not Claimed Alleged Illegal Commission Expenditure

High Court directs tax authorities to grant credit for tax wrongly deposited as advance tax.

Bombay High Court Directs Income Tax Department to Grant TDS Credit Despite Wrong Deposit by Bank

High Court rejects most Revenue grounds, admitting appeal only on a limited Section 14A issue.

Bombay HC Directs Income Tax Dept. to Grant TDS Credit Despite Wrong Deposit as Advance Tax by Deductor.

Bombay HC Directs Income Tax Dept. to Grant TDS Credit Despite Wrong Deposit as Advance Tax by Deductor

Tribunal holds Revenue cannot reopen issues already settled by binding Special Bench precedent.

Special Bench Ruling Ends 22-Year Tax Dispute: ITAT Mumbai Rejects Revenue’s Fresh Challenge Against JP Morgan Chase Bank

The Income Tax Appellate Tribunal (ITAT) Mumbai has upheld the addition of Rs 57.89 lakh made against D.L. Shah Trust for Applied Science, Technology, Arts and Philosophy, as taxable under Section 11(3)(d) of the Income Tax Act.

ITAT Mumbai Holds That Payments Made Out of Accumulated Income to Registered Trusts Attracts Section 11(3)(d)

ITAT dismissed the Revenue’s appeal as infructuous, holding that the original CIT(A) order had been superseded by a subsequent rectification order passed under Section 154.

Medical Admission Agent Declared Rs. 18.63 Lakh Income but Faced Rs. 1.01 Crore Tax Addition After Search; ITAT Dismisses Revenue's Appeal as Infructuous

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