May 15, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favour of footwear company Catwalk Worldwide Limited, setting aside an addition of more than Rs. 36.54 crore made by the Income Tax Department Read more…
Tag: Section 56(2)(viib)
February 14, 2026 : The Delhi Bench ‘B’ of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings for Assessment Year (AY) 2016–17 and deleted additions made under Section 68 for both AY 2016–17 and AY 2017–18 in the Read more…