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…
March 08, 2026 : The Income Tax Appellate Tribunal (ITAT) has set aside reassessment proceedings initiated against former IPL commissioner Lalit Modi in relation to his income for the assessment year 2010–11, holding that the action taken by the tax Read more…
March 06, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has reiterated that for transfer pricing analysis under the Transactional Net Margin Method (TNMM), only companies that are functionally comparable to the tested party can be Read more…
March 04, 2026 : The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench has held that penalty for misreporting of income under Section 270A(9) of the Income Tax Act cannot be imposed where the taxpayer has disclosed all relevant facts in Read more…
February 12, 2026 : In a significant ruling, the Delhi Bench of the Income Tax Appellate Tribunal has deleted additions exceeding ₹2.10 crore made against Shri Dheeraj Chaudhary for Assessment Year 2015–16, holding that rough, undated loose sheets seized during Read more…
February 05, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal has ruled that a wrong claim of deduction does not by itself attract penalty under Section 271(1)(c) of the Income Tax Act when the assessee’s final tax Read more…
February 04, 2026 : The Pune Bench of the Income Tax Appellate Tribunal has ruled in favour of a cooperative credit society, holding that interest income earned from deposits placed with cooperative banks qualifies for deduction under Section 80P(2)(d) of Read more…
January 21, 2026 : The Delhi Bench ‘I’ of the Income Tax Appellate Tribunal has set aside the entire assessment proceedings against Kunshan Q Tech Microelectronics (India) Pvt. Ltd. for Assessment Year 2021–22, holding that the case was transferred by Read more…
ITAT Jaipur, December 24, 2025 : The Income Tax Appellate Tribunal, Jaipur Bench, has remanded a reassessment dispute involving an addition of ₹76.31 lakh towards unexplained cash deposits, holding that the assessee must be given one more effective opportunity to Read more…