June 5, 2026 : The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has dismissed the Revenue Department’s appeal against ANR International Pvt. Ltd., reaffirming that low income reflected in an investor’s income tax return cannot, by itself, justify treating share Read more…
May 4, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that additions under Section 68 of the Income-tax Act, 1961 cannot be sustained unless a fresh credit is found in the books of the Read more…
May 4, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that additions under Section 68 of the Income-tax Act, 1961 cannot be sustained unless a fresh credit is found in the books of the Read more…
April 30, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the taxability of the Fees Regulating Authority cannot be conclusively determined while its application seeking notification under Section 10(46) of the Income Tax Read more…
April 8, 2026 : The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that additions under Section 68 of the Income Tax Act, 1961 cannot be sustained merely on the basis of unverified information, particularly where sales are duly Read more…
April 7, 2026 : The Income Tax Appellate Tribunal (ITAT), Jodhpur Bench has clarified that charitable trusts cannot be denied registration under Section 12AB of the Income Tax Act, 1961 merely because their activities have not yet commenced, so long Read more…
February 13, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s appeals in the case of DCIT vs. Shri Irfan, affirming the deletion of a protective addition of ₹175.03 crore and an estimated Read more…
November 25, 2025 : The Bangalore Bench of the Income Tax Appellate Tribunal has ruled that additions under Section 68 of the Income Tax Act, 1961 cannot be sustained where the assessee does not maintain books of account. The Tribunal Read more…