April 1, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that reassessment proceedings cannot be initiated merely on the basis of general investigation reports relating to penny stock transactions, without any material directly linking Read more…
March 24, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted a disallowance of ₹48,97,483 made against Zee Entertainment Enterprises Limited under Section 14A of the Income Tax Act for Assessment Year 2019–20, holding that Read more…
January 13, 2026 : The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the assessment framed against M/s Malbros International Pvt. Ltd. for Assessment Year 2022–23, holding that the Assessing Officer committed a fundamental jurisdictional error by Read more…