April 17, 2026 : The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has upheld the deletion of an addition of ₹10.5 crore made under Section 69A of the Income-tax Act, 1961, reiterating that a statement recorded during search proceedings—if subsequently Read more…
April 17, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the Commissioner of Income Tax (Appeals) cannot expand the scope of assessment by introducing a new source of income while exercising enhancement powers Read more…
April 17, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the Commissioner of Income Tax (Appeals) [CIT(A)] cannot enhance taxable income by introducing a new issue that was never examined by the Assessing Read more…
April 17, 2026 : The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has held that payments received by Reliance Jio Infocomm USA Inc. for providing international voice termination services to its Indian affiliate cannot be classified as royalty or fees Read more…
April 17, 2026 : The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai Bench has allowed the appeal filed by Sonova Hearing India Pvt. Ltd., setting aside a customs duty demand of ₹1.18 crore arising from a classification dispute Read more…
April 17, 2026 : The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench has set aside an IGST demand raised against an importer of tea plucking and pruning machines, holding that the department cannot apply a higher tax Read more…
April 17, 2026 : The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has ruled that delays in filing applications for final registration and approval under Sections 12A and 80G of the Income Tax Act cannot be viewed adversely when caused Read more…
April 17, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that a cash receipt arising from a genuine and duly documented transaction of sale of agricultural land cannot be treated as unexplained cash credit Read more…
April 16, 2026 : The Competition Commission of India has dismissed allegations of anti-competitive conduct in the award of large-scale solar power projects by the Solar Energy Corporation of India, holding that no prima facie case was made out under Read more…
April 16, 2026 : The Securities Appellate Tribunal (SAT), Mumbai, has held that the omission of two pages in the PDF filing of financial results by Nam Securities Limited was an inadvertent error rather than a wilful regulatory breach. Accordingly, Read more…