Judgement

Considering the fact that the assessee did not get enough opportunity to present his case, the Tribunal restored the matter to the CIT(A) for fresh adjudication, subject to a cost payment of Rs 5,000.

ITAT Delhi Grants One More Opportunity to Assessee, Subject to Cost Payment

Notifications

CBDT has notified income tax exemption under Section 10(46) for the Tamil Nadu e-Governance Agency.

CBDT Notifies Income Tax Exemption for Tamil Nadu e-Governance Agency under Section 10(46)

Income tax exemption has been given by the Central Government using its power given under section 10 of the Income-tax Act, 1961.

CBDT Grants Income Tax Exemption to Karnataka State Rural Livelihood Promotion Society

ITAT Delhi dismisses assessee’s appeal, upholding Rs. 2.25 lakh penalty for cash received on property sale in violation of Section 269SS.

ITAT Upholds Rs. 2.25 Lakh Penalty Levied for Section 269SS Violation in Immovable Cash Property Sale

News

The Supreme Court of India has rejected the Income Tax Authority's appeal regarding the disallowance of general licensing fees for various financial years amounting to Rs 101.21 crore.

Nestlé India Wins Rs 101.21 Crore Tax Case as Supreme Court Rejects Revenue’s Appeal

Since the approval granted by the JCIT, the present case was without the independent application of mind, quashed the assessments for all five years and allowed the appeals partly.

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ITAT Delhi Grants One More Opportunity to Assessee, Subject to Cost Payment

CBDT Notifies Income Tax Exemption for Tamil Nadu e-Governance Agency under Section 10(46)

CBDT Grants Income Tax Exemption to Karnataka State Rural Livelihood Promotion Society

ITAT Upholds Rs. 2.25 Lakh Penalty Levied for Section 269SS Violation in Immovable Cash Property Sale

Nestlé India Wins Rs 101.21 Crore Tax Case as Supreme Court Rejects Revenue’s Appeal

ITAT Delhi Quashes Assessments Due to JCIT's Mechanical Approval Under Section 153D