Judgement

The ITAT Delhi has deleted a transfer pricing adjustment of Rs 5.19 crore towards AMP expenditure.

ITAT Holds Bright Line Test As Unsustainable for Benchmarking AMP Expenditure

The ITAT Mumbai restores appeal to CIT(A) after dismissal without decision on merits.

ITAT Remands Ex-Parte Appeal for Fresh Adjudication

The ITAT restored appeal to the CIT(A) for fresh adjudication after finding that the appeal had been dismissed ex parte without deciding the grounds on merits. 

ITAT Restores Taxpayer's Appeal In Interest of Natural Justice After CIT(A)'s Failure to Decide Appeal on Merits

The 57th GST Council proposed RCM on specified waste and scrap supplies and 2% TDS on B2B transactions to improve tax compliance and transparency.

57th GST Council Meeting 2026: New GST Rules Proposed for Waste and Scrap Under RCM and 2% TDS

The ITAT Kolkata cites Supreme Court’s decision in Collector, Land Acquisition Vs Mst. Katiji Case for procedural delay.



ITAT Condones 115-Day Delay in Appeal To Provide Substantive Justice

The ITAT condoned a 115-day delay in appeal filing, directing the CIT(A) to reconsider the case involving an Section 68 addition after providing an adequate opportunity of hearing.

ITAT Restores Income Tax Appeal to CIT(A) After Condoning 115-Day Delay Due to COVID-19 Genuine Hardship

The Commercial Tax Department seized firecracker stock worth over Rs 10 crore from three shops on Muzaffarpur’s Garib Sthan Road following a two-day GST investigation that revealed discrepancies in stock records.

Major GST Crackdown in Muzaffarpur: Firecrackers Worth More Than Rs 10 Crore Seized from Three Shops, Traders in Panic

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

ITAT Remands Reassessment Case for Fresh Adjudication 

The ITAT Mumbai allows key tax deductions and remands head office expenses for fresh examination.

ITAT Deletes Disallowances on Foreign Currency Loan Interest and Forex Loss in American Express Bank Case

The ITAT Ahmedabad held that Section 115BAB option once exercised cannot be disregarded merely because no tax was computed in first year


ITAT Allows 115BAB Tax Benefit Claim And Remands Eligibility Verification to AO

Income Tax

Finance

ICAI

ITAT Delhi

ITAT

Chartered Accountant

CBDT

Institute of Chartered Accountants of India

Dreamfolks Services Limited has received a Demand cum SCN, proposing an aggregate demand amounting to Rs 1.58 crore, including a tax of Rs 78.86 lakh and a penalty of Rs 78.86 lakh, along with applicable interest.

Dreamfolks Services Faces Rs 1.58 Crore IGST Demand Over ITC Availment on Invoices Issued by GST-Cancelled Supplier

FM Nirmala Sitharaman announces a proposed faceless GST administration system to simplify tax compliance for around 2 lakh multi-state taxpayers through a single-window service.


ITAT Holds Bright Line Test As Unsustainable for Benchmarking AMP Expenditure:

ITAT Holds Bright Line Test As Unsustainable for Benchmarking AMP Expenditure

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