Judgement

ITAT remands Rs 6.73 lakh TDS credit dispute to the AO for fresh verification of Form 26AS receipts and expense reimbursements.

ITAT Restores TDS Credit Case After Finding Merit in Reimbursement Explanation

The ITAT Ahmedabad Holds Group-Company Advisory Transactions Lacked Commercial Substance.


ITAT Rejects Business Loss Claim Over Colourable Advisory Arrangement

ITAT deleted the Rs 12.62 lakh Section 68 addition and directed the AO to allow the LTCG exemption after finding no transaction-specific evidence of price manipulation or accommodation entry.

ITAT Allows Section 10(38) LTCG Exemption and Deletes Rs 12.62 Lakh Penny Stock Addition After Finding No Evidence of Accommodation Entry

ITAT Ahmedabad deletes Rs 9.66 lakh disallowance, ruling that Section 195 TDS does not apply to foreign agents’ commission for services rendered outside India.

ITAT Deletes Rs 9.66 Lakh Disallowance on Foreign Commission, Holds TDS Under Section 195 Not Applicable Where Services Rendered Outside India

ITAT directed the Income Tax Department to grant Rs 14.32 lakh Foreign Tax Credit for taxes paid in Kenya, holding that delayed Form 67 filing cannot deny genuine tax relief.

ITAT Allows Rs 14.32 Lakh Foreign Tax Credit, Holds Delay in Filing Form 67 Cannot Deny Genuine Relief for Taxes Paid in Kenya

ITAT remands Rs 2.35 crore Section 40(a)(i) disallowance to CIT(A), directing fresh consideration alongside the pending TDS appeal.

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ITAT Restores TDS Credit Case After Finding Merit in Reimbursement Explanation

ITAT Rejects Business Loss Claim Over Colourable Advisory Arrangement

ITAT Allows Section 10(38) LTCG Exemption and Deletes Rs 12.62 Lakh Penny Stock Addition After Finding No Evidence of Accommodation Entry

ITAT Deletes Rs 9.66 Lakh Disallowance on Foreign Commission, Holds TDS Under Section 195 Not Applicable Where Services Rendered Outside India

ITAT Allows Rs 14.32 Lakh Foreign Tax Credit, Holds Delay in Filing Form 67 Cannot Deny Genuine Relief for Taxes Paid in Kenya

ITAT Remands Section 40(a)(i) Disallowance Dispute to CIT(A) Over Rs 2.35 Crore Payment to Singapore Firm