June 15, 2026 : In a significant ruling on the tax treatment of employee benefit liabilities, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that Mumbai Port Authority is entitled to claim deduction of ₹80 crore Read more…
Tag: income tax appeals
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…
June 4, 2026 : ITAT Deletes ₹5.60 Crore Addition in Demonetisation Cash Deposit Case – In a judgment delivered on June 4, 2026, the Delhi Bench “G” of the Income Tax Appellate Tribunal, comprising Vice President Mahavir Singh and Accountant Read more…
June 3, 2026 : The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has delivered a significant ruling in the long-running tax dispute involving airline operator Jet Lite (India) Limited, holding that several categories of employee-related expenditure were rightly subjected to Read more…
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…
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…