Judgement

The ITAT Delhi held that once a transaction is covered under a binding APA under Section 92CC, the Revenue cannot disallow the same expenditure under Section 37(1), deleting the Rs 15.77 crore addition.

ITAT Deletes Rs 15.77 Crore Disallowance, Holds Business Expediency Cannot Be Reopened Under Section 37(1)

The ITAT Mumbai remanded a delayed Section 80G(5) approval application for fresh consideration in light of CBDT Circular No. 06/2026 on condonation of delay.

ITAT Remands Section 80G Approval Application to CIT (Exemptions) for Fresh Consideration in Light of CBDT Circular on Delay Condonation

The ITAT Patna Bench set aside the ex-parte CIT(A) order in Ashutosh Shah’s case and directed a fresh hearing after serving notice at his registered email address.

ITAT Sets Aside Ex-Parte CIT(A) Order Over Alleged Wrong Email Notice, Directs Fresh Hearing After Service at Registered Email Address

The Karnataka High Court case examines whether a same-sex partner can be treated as a “spouse” for claiming gift tax exemption under Section 56(2)(x) of the Income Tax Act, 1961.

Can Same-Sex Partners Claim Tax Exemption on Gifts as Spouses? Karnataka High Court to Examine

The ITAT remitted Charitable Trust’s Section 80G renewal application to the CIT(E) for fresh consideration, directing the authority to examine the applicability of CBDT Circular No. 06/2026.

ITAT Remits Section 80G Renewal Application to CIT(E) for Fresh Consideration in Light of CBDT Circular

Two PHC employees in Bihar’s Vaishali district were arrested for allegedly demanding an Rs 8,600 bribe, with vigilance officials recovering Rs 15 lakh in cash and other assets during a search of the doctor’s residence.

Bihar Vigilance Bureau Arrests Two PHC Employees in Rs 8,600 Bribery Case

The ITAT Kolkata holds that genuine reasons for delay must be considered to ensure substantial justice.

ITAT Remands Reassessment Case for Fresh Adjudication 

Learn how preliminary expenses are taxed under Section 35D of the Income Tax Act, including eligibility, deduction limits, and compliance requirements.

Taxation of Preliminary Expenses Under the Income Tax Act: Complete Guide to Section 35D

Learn the key capital gains tax exemptions available under the Income Tax Act to legally reduce your tax liability on the sale of property and other long-term capital assets.

Selling a Property or Asset? Know These Capital Gains Tax Exemptions

Learn how Joint Development Agreements (JDA) are taxed under the Income Tax Act, including capital gains computation, Section 45(5A), and TDS under Section 194-IC.

Taxation of Joint Development Agreements (JDA): Everything Landowners Need to Know

Received a Section 139(9) notice after filing your ITR? Understand why it was issued, how to fix the defect, and how to avoid your return being treated as invalid.

Section 139(9) Defective Return Notice: Complete Guide to Fixing Your ITR

A practical guide to claiming depreciation on business assets under Section 32 of the Income Tax Act, 1961.

Section 32 of the Income Tax Act, 1961: Depreciation on Business Assets

Income Tax

Finance

ICAI

ITAT Delhi

ITAT

Chartered Accountant

CBDT

Institute of Chartered Accountants of India

The ITAT Patna Bench condoned a 216-day delay and remanded the income tax appeal to the CIT(A) for fresh adjudication on merits after providing the assessee a reasonable opportunity of hearing.

ITAT Condon​es 216-Day Delay in Income Tax Appeal, Remands Case to CIT(A) for Fresh Hearing on Merits

The ITAT Patna Bench condoned the delay in filing the appeal and remanded the case to the Assessing Officer for a fresh assessment after providing the taxpayer an opportunity to be heard.

ITAT Gives Taxpayer Another Chance, Orders Fresh Assessment After Condoning Delay

The ITAT set aside the rejection of Section 12AB registration application and remanded the matter to CIT(E) for fresh consideration, allowing the trust another opportunity to submit its Trust Deed and supporting documents.

ITAT Deletes Rs 15.77 Crore Disallowance, Holds Business Expediency Cannot Be Reopened Under Section 37(1):

ITAT Deletes Rs 15.77 Crore Disallowance, Holds Business Expediency Cannot Be Reopened Under Section 37(1)

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