May 22, 2026 : The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has ruled in favour of ARVR Education Society and deleted an addition of ₹15.96 crore that had been treated as unexplained cash credits under Section 68 of the Read more…
Tag: charitable trust taxation
April 1, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income accumulated by a charitable trust under Section 11(2) of the Income Tax Act, 1961, which remains unutilised within the prescribed five-year period, Read more…
April 1, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income accumulated by a charitable entity under Section 11(2) of the Income Tax Act, 1961, which remains unutilised within the prescribed five-year period, Read more…
December 19, 2025 : The Pune Bench of the Income Tax Appellate Tribunal has held that reassessment proceedings initiated on the basis of unexplained cash credits under Section 68 of the Income-tax Act, 1961 cannot be sustained where the final Read more…