Delhi ITAT rules in Ajay Singh vs. ACIT, quashing reassessment for AY 2012-13. Citing borrowed satisfaction and lack of independent inquiry by AO, the tribunal highlights the need for a direct link ...

ITAT Surat remands Navsari Modh Vanik Panch's 80G approval case to CIT(E), Ahmedabad. The trust, registered under 12A/12AB, faces re-evaluation of its charitable status based on recent financial ...

ITAT Jaipur ruled excess stock found in survey as business income, upholding a change in stock valuation method and deleting addition for making ...

ITAT Delhi rules Oberoi Motors can set off business losses against income surrendered during survey, citing judicial precedents and CBDT circular on Section ...

Mumbai ITAT rules excess stock found during survey, when linked to business, is undeclared business income, not unexplained investment, thus avoiding Section ...

Explore recent ITAT judgments on reassessment validity, 80G exemptions, DTAA interpretation for online education (FTS/Royalty), transfer pricing methodologies, and cash deposit explanations under ...

Bombay High Court dismisses revenue's appeal, affirming no Section 14A disallowance if no exempt income is received or receivable, citing the Delhi High Court's Cheminvest Ltd. ruling upheld by the ...

Rajasthan High Court dismisses plea against ex-parte GST assessment, citing petitioner's consistent default in filing returns and appealing, emphasizing the non-maintainability of writ petitions when ...

Delhi High Court dismisses Ramesh Wadhera's plea to quash a GST fraud show cause notice, citing serious allegations and his confessed involvement in operating fake firms for fraudulent IGST ...

Delhi High Court issues interim stay on GST intelligence show cause notice, questioning the application of "lifting the corporate veil" principles to sole proprietorship ...

Mumbai ITAT allows Vanguard Total International Stock Index Fund to set off STT-paid losses against non-STT gains, citing ...

Analysis of SEBI's order against PWAPL for spoofing, examining India's scattered legal framework, proof challenges, and global regulatory ...