Judgement

The ITAT Ahmedabad held interest waiver taxable under Section 41(1) only where earlier deduction was claimed


ITAT Rules Bank Loan Principal Waiver Not Taxable Under Sections 28(iv) or 41(1)

The ITAT Ahmedabad rules Demonetisation cash deposits cannot be treated as undisclosed income when sales and business profits are offered to tax


ITAT Delhi reduces Alcatel Lucent Portugal SA’s profit attribution to its Indian PE from 3.75% to 2.5% for offshore equipment supplies.

The ITAT Ahmedabad dismissed an appeal filed by assessee against an order passed by the PCIT under Section 263 of the Income Tax Act, 1961. 



ITAT remands penny stock LTCG dispute to CIT(A) for fresh adjudication after considering related appeals and a similar case involving her son.

ITAT Ahmedabad grants full tax exemption on Rs 35 lakh BSNL VRS-2019 compensation received by a retiree over two assessment years.