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…
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…
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 once a receipt is characterised as arising from the transfer of a capital asset, it cannot be reclassified and taxed under the residuary 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 30, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that a deduction under Section 80G of the Income-tax Act cannot be denied simply because the donation was made to satisfy Corporate Social Responsibility Read more…
April 17, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favour of Shreepati Build Infra Investment Limited, holding that losses arising from investments and loans advanced to a wholly owned foreign subsidiary for Read more…
April 17, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the Commissioner of Income Tax (Appeals) cannot expand the scope of assessment by introducing a new source of income while exercising enhancement powers Read more…
April 17, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the Commissioner of Income Tax (Appeals) [CIT(A)] cannot enhance taxable income by introducing a new issue that was never examined by the Assessing Read more…