June 18, 2026 : In a significant ruling arising from a search and seizure operation conducted on the KAKA Group, the Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed the appeal of Shreenathji Extrusion while dismissing Read more…
May 19, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside a major appellate relief granted to liquor distributor Aspri Spirits Private Limited after finding that the Commissioner of Income Tax (Appeals) relied heavily Read more…
May 4, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that additions under Section 68 of the Income-tax Act, 1961 cannot be sustained unless a fresh credit is found in the books of the Read more…
May 4, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that additions under Section 68 of the Income-tax Act, 1961 cannot be sustained unless a fresh credit is found in the books of the Read more…
April 30, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that cash deposits made in the bank account of a separate legal entity cannot be taxed in the hands of an individual merely because Read more…
April 17, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that a cash receipt arising from a duly substantiated transaction for the sale of agricultural land cannot be taxed as unexplained cash credit under Read more…
April 8, 2026 : The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that additions under Section 68 of the Income Tax Act, 1961 cannot be sustained merely on the basis of unverified information, particularly where sales are duly Read more…
March 18, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that transactions duly recorded in the regular books of account and supported by banking evidence cannot be treated as bogus expenditure merely on the Read more…
March 13, 2026 : he Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that passing an appellate order without considering written submissions filed within the prescribed timeframe constitutes a violation of the principles of natural justice. The Read more…
November 25, 2025 : The Bangalore Bench of the Income Tax Appellate Tribunal has ruled that additions under Section 68 of the Income Tax Act, 1961 cannot be sustained where the assessee does not maintain books of account. The Tribunal Read more…