Tag: corporate taxation India

ITAT Mumbai grants Manugraph relief on Section 14A disallowance and allows R&D expense deduction under Section 37(1).

Editor Commissions, Forums & Tribunals June 5, 2026

Income Tax Appellate Tribunal (ITAT) Law Notify

June 4, 2026 : The Income Tax Appellate Tribunal (ITAT) has granted substantial relief to Manugraph India Limited by restricting the scope of disallowance under Section 14A of the Income Tax Act and allowing deduction of certain research and development Read more…

Mumbai ITAT deletes Rs 36.54 crore angel tax addition against Catwalk Worldwide in DCF valuation dispute.

Team Law Notify Commissions, Forums & Tribunals May 16, 2026

ITAT _ Income Tax Appellate Tribunal _ LawNotify

May 15, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favour of footwear company Catwalk Worldwide Limited, setting aside an addition of more than Rs. 36.54 crore made by the Income Tax Department Read more…