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…
April 7, 2026 : The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside reassessment proceedings under Section 147 of the Income Tax Act, holding that the Assessing Officer (AO) cannot sustain additions on a ground entirely different from Read more…
February 13, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s appeals in the case of DCIT vs. Shri Irfan, affirming the deletion of a protective addition of ₹175.03 crore and an estimated Read more…
February 07, 2026 : In a significant ruling under the post–Finance Act, 2021 reassessment framework, the Mumbai Bench of the Income Tax Appellate Tribunal has quashed reassessment proceedings for Assessment Year 2018–19 on the ground that the Assessing Officer failed Read more…
February 07, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has set aside reassessment proceedings initiated against Gedalia Multitrading Pvt. Ltd. for Assessment Year 2018–19, holding that the notice issued under Section 148 was invalid as the Read more…
February 04, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal has deleted an addition of ₹9.65 crore made on account of cash deposits during the demonetisation period, holding that once purchases are accepted and stock availability is Read more…