June 5, 2026 : The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has dismissed the Revenue Department’s appeal against ANR International Pvt. Ltd., reaffirming that low income reflected in an investor’s income tax return cannot, by itself, justify treating share Read more…
June 4, 2026 : ITAT Deletes ₹5.60 Crore Addition in Demonetisation Cash Deposit Case – In a judgment delivered on June 4, 2026, the Delhi Bench “G” of the Income Tax Appellate Tribunal, comprising Vice President Mahavir Singh and Accountant Read more…
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 Ahmedabad Bench of the Income Tax Appellate Tribunal has held that additions made on account of bank credits, accommodation entries, and interest income must be carefully reconciled to avoid duplication, cautioning that taxing overlapping components 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…