ITAT Allows Genuine Tax Planning, Deletes Rs.258 Crore Section 68 Addition:
The ITAT holds statutory notice mandatory, upholds genuine tax planning and grants substantial relief to assessee.
Tribunal upholds capital loss set-off, quashes Section 68 addition without proper notice.
Meetu Kumari
Jul 9, 2026Premium
ITAT Allows Genuine Tax Planning, Deletes Rs.258 Crore Section 68 Addition
The ITAT holds statutory notice mandatory, upholds genuine tax planning and grants substantial relief to assessee.
Also Read
ITAT Holds Receivables Discounting Charges Not Liable to TDS Under Section 194AITAT Allows Section 80IE Deduction, Holds Delayed Form 10CCB Filing as Mere Procedural DefectITAT Condones 842-Day Delay in Filing Appeal Before CIT(A), Holds Justice Cannot Be Denied on Technical GroundsITAT Dismisses Appeal as Time-Barred for Failure to Show 'Sufficient Cause'
About Author
Meetu Kumari
Content Manager
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Studycafe
Jodhpur, Rajasthan, India
2176My Recent Articles
- ITAT Holds Receivables Discounting Charges Not Liable to TDS Under Section 194APremium
- ITAT Quashes Time-Barred Reassessment Notice Issued Beyond Six-Year LimitationPremium
- ITAT Deletes Rs 25.12 Crore Disallowance on Independent Section 36 Deduction ComputationPremium
- ITAT Pune Quashes Reassessment as Notice u/s 148A(d) Travelled Beyond Original AllegationsPremium
- ITAT Deletes PE Addition After Allowing Marketing Fees Paid to Indian SubsidiaryPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts