Judgement

ITAT upheld the Rs 1.59 lakh notional rent addition on a vacant Hyderabad flat and dismissed the assessee’s appeal.

ITAT Delhi Upholds Tax on Notional Rent from Vacant Flat: Dismisses Assessee’s Appeal

The ITAT Visakhapatnam held that assessment cannot be sustained without examining whether a valid notice was served on the assessee.

ITAT Remands Reassessment to AO to Examine Validity of Notice Issued in Another Person’s Name

The ITAT Visakhapatnam grants cooperative society another opportunity to substantiate Section 80P deduction claim.

ITAT Remands Section 80P Deduction Claim for Fresh Adjudication

Bharti Airtel will pay a Rs 1.07 lakh penalty imposed by DoT Maharashtra over alleged non-compliance with subscriber verification norms following an August 2026 CAF audit.

Bharti Airtel Receives Rs 1.07 Lakh Penalty Notice From DoT Maharashtra Over Alleged Subscriber Verification Violations

The ITAT Visakhapatnam grants fresh opportunity to explain cash deposits before Assessing Officer.

ITAT Remands Demonetisation Cash Deposit Case After Assessee Suffers Severe Fire Injuries

Rashi Peripherals faces a Rs 2.15 crore customs duty and penalty demand over alleged import misclassification and is considering challenging the order before CESTAT.

Rashi Peripherals Faces Rs 2.15 Crore Customs Duty and Penalty Demand Over Alleged Misclassification of Imported Goods, Considers CESTAT Appeal

The ED has arrested four accused in connection with Rs 261 crore (US$ 27.39 million) US call centre fraud through 927 collections between July 2025 and September 2026. 

ED Apprehends Four Accused in Rs 261 Crore US Call Centre Fraud under PMLA, All Remanded to Judicial Custody

The ITAT Bangalore has allowed tax exemption on BSNL VRS retrenchment compensation and eligible leave encashment, granting major relief to retired employees.

 ITAT Rules BSNL VRS Compensation Exempt from Tax Under Section 10(10B), Grants Leave Encashment Relief

The Central Government has granted an income tax exemption to the Kerala Headload Workers Welfare Board for tax years 2026-27 to 2028-29, subject to compliance with the prescribed conditions under the Income Tax Act, 2025.

Kerala Headload Workers Welfare Board Granted Income Tax Exemption for Three Tax Years

Don't rely on an ITR deadline extension. File early to avoid errors, penalties, and refund delays.

ITR Filing: Why You Shouldn't Rely on a July 31 Deadline Extension

The Income Tax Department has uncovered a Rs 65.5 crore fake tax refund scam involving bogus deduction claims under Section 80GGC. 

Meerut Accountant Accused in Rs 65.5 Crore Income Tax Refund Scam

A professional's viral post about paying nearly Rs 1 crore in taxes but receiving no support after being laid off has reignited the debate on social security and taxpayer benefits in India.

Professional’s Viral Post on Rs 1 Crore Tax Sparks Debate on India’s Social Security

Income Tax

Finance

ICAI

ITAT Delhi

ITAT

Chartered Accountant

CBDT

ITAT Mumbai

Explore what you can trade during Muhurat Trading 2026, including stocks, ETFs, futures, options and MTF, along with key details of the special Diwali trading session.

What Can You Trade During Muhurat Trading 2026? Stocks, ETFs, F&O and MTF Explained

The ITAT Bangalore holds interest on compulsory statutory deposits is attributable to the business of providing credit facilities to members.

ITAT Allows Section 80P(2)(a)(i) Deduction on Interest Earned from Statutory Deposits with Co-operative Banks

The ITAT Delhi held that additional evidence cannot justify interference where assessee failed to respond during revision proceedings.

ITAT Delhi Upholds Tax on Notional Rent from Vacant Flat: Dismisses Assessee’s Appeal:

ITAT Delhi Upholds Tax on Notional Rent from Vacant Flat: Dismisses Assessee’s Appeal

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