Tuesday, 22 September, 2026

Tag: Income Tax Act


Income Tax Appellate Tribunal (ITAT) Law Notify.in

June 24, 2026 : In a significant ruling on the taxation of online gaming transactions, the Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has set aside an addition of ₹3.54 crore made against a taxpayer who played online rummy through Read more…


Income Tax Appellate Tribunal (ITAT) Law Notify

June 17, 2026 : In a significant ruling on the scope of tax exemption available for agricultural land transactions, the Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that an assessee was entitled to claim deduction under Read more…


Income Tax Appellate Tribunal (ITAT) Law Notify

May 29, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has granted substantial relief to PNB Housing Finance Ltd. in a series of income tax appeals involving demonetisation-era cash deposits, Corporate Social Responsibility (CSR) expenditure deductions, Read more…


Income Tax Appellate Tribunal (ITAT) Law Notify.in

May 27, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has granted significant relief to Inductotherm (India) Pvt. Ltd. by deleting a transfer pricing adjustment of ₹3.88 crore for the Assessment Year 2020-21, while also criticizing Read more…


Income Tax Appellate Tribunal (ITAT)

May 20, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has granted significant relief to Axis Bank by deleting multiple tax additions made by the Income Tax Department for Assessment Years 2020-21 and 2021-22, including disallowances Read more…


ITAT _ Income Tax Appellate Tribunal _ LawNotify

May 19, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside a major appellate relief granted to liquor distributor Aspri Spirits Private Limited after finding that the Commissioner of Income Tax (Appeals) relied heavily Read more…


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…


ITAT _ Income Tax Appellate Tribunal _ LawNotify

May 13, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favour of Lodha Developers Limited in a major dispute involving the applicability of Section 43CA of the Income Tax Act and the treatment Read more…


ITAT _ Income Tax Appellate Tribunal _ LawNotify

May 7, 2026 : The Income Tax Appellate Tribunal (ITAT) has delivered a significant ruling in favour of taxpayer Raju Samsurat Yadav, providing relief in an income tax dispute involving assessment and related additions made by the tax authorities. The Read more…


January 23, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has ruled that interest under Section 234C of the Income Tax Act cannot be levied where advance tax is paid through net banking on the statutory due Read more…