Judgement

ITAT upheld 10% DTAA taxation on foreign interest income and deleted the Rs. 20 crore penalty for alleged income concealment.

ITAT Upholds 10% DTAA Benefits for German Bank, Deletes Rs. 20 Crore Penalty for Alleged Concealment

Tribunal treats investment in loss-making Mauritius subsidiary as loan for notional interest

ITAT Mumbai Partly Upholds TP Adjustment on Tata Chemicals’ Foreign Preference Shares

Tribunal holds adjustment of book losses under Section 115JB a debatable issue beyond scope of rectification proceedings

ITAT Quashes Section 154 Rectification on MAT Losses In Fiat India Automobiles Case

Final assessment declared void as PCIT Delhi-10 lacked authority to transfer corporate assessee’s case

ITAT Quashes Assessment After Holding PCIT Lacked Power to Transfer Corporate Case

Interest on FDRs held exempt despite being shown as ‘income from other sources’; ITAT and CIT(A) faulted for mechanical approach

Delhi High Court Allows Exemption to Charitable Trust Despite Technical Error in Return

Notifications

CBDT notifies income tax exemption under Section 10(46) for the District Legal Service Authority, Faridabad, subject to compliance with prescribed conditions.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

ITAT Upholds 10% DTAA Benefits for German Bank, Deletes Rs. 20 Crore Penalty for Alleged Concealment

ITAT Mumbai Partly Upholds TP Adjustment on Tata Chemicals’ Foreign Preference Shares

ITAT Quashes Section 154 Rectification on MAT Losses In Fiat India Automobiles Case

ITAT Quashes Assessment After Holding PCIT Lacked Power to Transfer Corporate Case

Delhi High Court Allows Exemption to Charitable Trust Despite Technical Error in Return

CBDT Grants Income Tax Exemption to District Legal Service Authority, Faridabad