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ITAT deleted Rs 9.25 lakh of a tax addition after accepting part of a Mumbai taxpayer's family gift claim for cash credit card payments.

Mumbai Taxpayer Gets ITAT Relief in Rs 13.95 Lakh Credit Card Cash Payment Case

ITAT condones over 1,000 days delay, remands the case for fresh assessment, and gives the taxpayer another chance to explain Rs 19.02 lakh in credit card expenses and salary income.

ITAT Condones Delay of Over 1,000 Days, Gives Taxpayer Fresh Opportunity to Explain Rs.19.02 Lakh Credit Card Expenses and Salary Income

ITAT remands Rs 75.07 lakh depreciation disallowance to the AO for fresh assessment after directing verification of the correct WDV and supporting evidence.

WDV Mismatch in ITR: ITAT Remands Rs 75.07 Lakh Depreciation Disallowance Dispute to AO for Fresh Assessment

The ITAT Ahmedabad ruled CIT(E)’s denial of renewal based on Diamond Bourse’s commercial activities was erroneous. 

ITAT Allows Renewal of 12A Registration And Holds Objects Charitable Under Section 2(15)

The ITAT remands the Rs 3.35 crore unexplained cash deposits and withdrawals case for fresh consideration after observing that both the CIT(A) and AO had passed ex parte orders. 

ITAT Grants One More Opportunity in Rs 3.35 Crore Unexplained Money Case After CIT(A) and AO Both Decide Ex Parte

ITAT condoned the 50-day delay, admitted additional evidence, and remanded the matter to the AO for fresh consideration.

ITAT Condones 50-Day Delay in Filing Appeal, Admits Additional Evidence and Remands Matter to AO for Fresh Consideration

ITAT restored AY 2014-15 tax case to the AO for fresh assessment after finding that the CIT(A) had not adjudicated all grounds on merits, subject to a Rs 10,000 payment and fresh hearing.

Natural Justice Prevails: ITAT Sets Aside Ex Parte Proceedings, Orders Fresh Assessment Despite Taxpayer's Repeated Non-Compliace 

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

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ICAI

Judgement

ITAT Delhi

ITAT

Chartered Accountant

CBDT

Institute of Chartered Accountants of India

CBI files its 19th chargesheet against Earthcon Universal Infratech and its directors in an alleged homebuyers fraud case linked to the Casa Royale project in Greater Noida.

CBI Files 19th Chargesheet Against Builder Company and Its Directors in Homebuyers Fraud Case

The ITAT Delhi holds that lower authorities failed to properly examine evidence on rural agricultural land.

ITAT Remands Taxability Dispute Over Rural Agricultural Land Compensation for Fresh Consideration

The ITAT Delhi grants relief on Comparables and Other Disallowances while directing fresh TP computation.

Mumbai Taxpayer Gets ITAT Relief in Rs 13.95 Lakh Credit Card Cash Payment Case:

Mumbai Taxpayer Gets ITAT Relief in Rs 13.95 Lakh Credit Card Cash Payment Case

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