Judgement

The ITAT Ahmedabad remanded the Rs 5 lakh political donation deduction claim under Section 80GGC to the assessing officer for fresh verification and proper adjudication.

ITAT Remands Section 80GGC Political Donation Case for Fresh Verification

ITAT Delhi held that limited remote maintenance activities and services rendered for less than 90 days do not constitute a Permanent Establishment in India under the India-Canada DTAA.

ITAT Delhi Rejects Permanent Establishment Allegation Based Solely on LinkedIn Evidence

ITAT deletes AMP transfer pricing adjustment absent agreement with foreign associated enterprises.

ITAT Restores Section 35(2AB) Deduction to Cadila Pharmaceuticals

The ITAT Ahmedabad remanded the matter to the Assessing Officer for fresh verification of disputed political donation deductions claimed under Section 80GGC.

ITAT Ahmedabad Sends Back Section 80GGC Political Donation Dispute for Fresh Examination

ITAT allows Section 54B exemption despite non-deposit in Capital Gain Account Scheme.

ITAT Dehradun Allows Section 54B Deduction Despite Non-Deposit in Capital Gains Account Scheme

ITAT Allows Section 54B Deduction Despite Non-Deposit in Capital Gains Account Scheme

ITAT held that Section 40A(2)(a) cannot be invoked merely for related-party share purchases shown as long-term investments, especially when no expenditure is claimed and FMV is determined without proper valuation.

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ITAT Remands Section 80GGC Political Donation Case for Fresh Verification

ITAT Delhi Rejects Permanent Establishment Allegation Based Solely on LinkedIn Evidence

ITAT Restores Section 35(2AB) Deduction to Cadila Pharmaceuticals

ITAT Ahmedabad Sends Back Section 80GGC Political Donation Dispute for Fresh Examination

ITAT Allows Section 54B Deduction Despite Non-Deposit in Capital Gains Account Scheme

Income Tax: Section 40A(2)(a) Not Applicable on Share Investment Without Claimed Expenditure, says ITAT