June 18, 2026 : In a significant ruling on unexplained cash credits under Section 68 of the Income Tax Act, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has granted substantial relief to Palco Tex Feb Limited by Read more…
Tag: unsecured loans
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…