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…
Tag: Section 115JB
January 09, 2026 : The Pune Bench of the Income Tax Appellate Tribunal has set aside a ₹40.68 crore tax demand raised against Fiat India Automobiles Private Limited, holding that adjustments relating to brought-forward losses and unabsorbed depreciation under the Read more…