Judgement

The ITAT granted partial relief to Moradabad Zila Sahkari Bank by allowing key deductions, preventing double taxation, and permitting ex-gratia payments as business expenditure.

ITAT Grants Major Relief to Moradabad Zila Sahkari Bank in Tax Appeals

The ITAT Ahmedabad rules Harsha Engineers’ processing fee claim requires examination of borrowing purpose and capital asset nexus.

ITAT Remits Rs. 93.34 Lakh Processing Fee Disallowance for Fresh Adjudication

The ITAT Ahmedabad follows Gujarat High Court Ruling and holds Nil ALP Determination unsustainable without proper benchmarking.

ITAT Deletes Rs. 20.17 Crore Transfer Pricing Adjustment on Intra-Group Services 

Tamil Nadu Police take disciplinary action against five personnel accused of seeking or accepting bribes in different cases.

Five Tamil Nadu Police Personnel Face Disciplinary Action Within a Week Over Allegations of Demanding and Accepting Bribes

ZF Commercial Vehicle Control Systems India secures GST relief as the Commissioner (Appeals) sets aside a Rs 1.79 crore ITC demand and Rs 17.90 lakh penalty.

ZF Commercial Vehicle Control Systems India Wins GST Appeal as Rs 1.79 Crore ITC Demand and Penalty Set Aside

ITAT condoned a 111-day delay by a credit co-operative society, admitted its appeal and remitted the Rs 91.96 lakh cash deposit dispute for fresh adjudication.

ITAT Condones 111-Day Delay, Restores Co-operative Society’s Appeal  in Rs 91.96 Lakh Cash Deposit Dispute

Pune ITAT condoned the over two-year delay and remanded the Rs 1.30 crore property sale tax dispute to the CIT(A) for fresh consideration.

ITAT Condones Over Two-Year Delay, Gives Taxpayer Fresh Opportunity to Contest Rs 1.30 Crore Property Sale Addition

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

Institute of Chartered Accountants of India

The ITAT Ahmedabad holds Section 148 notice issued after expiry of limitation invalid and annuls reassessment.

ITAT Quashes Reassessment as Section 148 Notice Issued Beyond Limitation Period

India’s GST 2.0 reform push could widen ITC, speed up refunds, simplify returns and curb arrest powers, giving businesses major compliance relief.

GST 2.0: Council May Consider Wider ITC, Faster Refunds, Simpler Returns and End to Arrest Powers in Major Business Relief Push

The GST Council may propose major enforcement reforms, including court approval for arrests, a Rs 5 crore prosecution threshold and decriminalisation of certain offences.

ITAT Grants Major Relief to Moradabad Zila Sahkari Bank in Tax Appeals:

ITAT Grants Major Relief to Moradabad Zila Sahkari Bank in Tax Appeals

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