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 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 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…
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…
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…
February 26, 2026 : The Income Tax Appellate Tribunal has set aside an addition of ₹32.91 lakh made against Ganna Vikas Parishad, Nanauta, and restored the matter to the Assessing Officer for fresh adjudication, holding that the fundamental nature and Read more…
November 15, 2025 : A recent decision of the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), widely circulated on social media as permitting cash receipts of ₹38 lakh in a property transaction without tax consequences, has been widely Read more…