Delhi High Court grants stay in Banyan Real Estate Fund vs. ACIT case due to discrepancies in Section 148 notice regarding incorrect allegations. Full judgment analysis.
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ITAT Mumbai ruled that an assessment order against a non-existent entity (Pipal Research Analytics) is invalid. Insight into Crisil Ltd vs ACIT case.
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ITAT Delhi ruling on ACIT vs. Liberty Shoes Ltd. case. Expenditure to avoid reputation damage and litigation costs allowed as valid business expense under Section 37 of Income Tax Act.
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Read a detailed analysis of case of Apeejay Shipping Ltd. vs ACIT in ITAT Kolkata regarding jurisdiction of CIT (A) to raise new tax issues and enhance taxable income.
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Noorul Hasan Baig Vs DCIT/ACIT case at ITAT Indore, exploring necessity of remand for an assessee's second chance to present relevant documents.
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And that is the particular CVDK silent celestial body phase module which is positioned on top of the particular motion.
Glass, German glue (ironing) begins to produce unusual marches and st… Read More
In the case of Vinplex India Private Limited Vs Additional/Joint/Deputy/ACIT, the Madras High Court addresses the consequences of unexplained income addition due to non-filing of reply by th… Read More
Detailed analysis of ITAT's decision in Uma Rajendra Agarwal Vs ACIT regarding deletion of adhoc disallowance on electricity expenses.
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Analysis of Bombay HC ruling in Naroli Resorts vs ACIT on reopening tax assessment after four years. Did the assessee disclose all material facts?
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ITAT Mumbai's ruling in Spark44 vs. ACIT case highlights failure to consider India UK DTAA provisions for tax deduction on FTS. Analysis and conclusion included.
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ITAT Chennai ruling in Aruljothi Exports vs. ACIT case establishes that Income Tax Dept cannot scrutinize sales tax returns accepted by Commercial Tax Dept. Analysis and conclusion included… Read More
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An analysis of ITAT Delhi's ruling in the Neeti Rastogi vs. ACIT case, emphasizing CBDT Circular's role in defining unexplained jewellery under the Income Tax Act.
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Analysis of ITAT Chennai's decision on taxing share premium: ACIT Vs Luncar Finance Pvt. Ltd. A focus on already taxed income in the hands of Investor Company
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Analysis of the ITAT Chennai's ruling in Micky Fireworks Vs ACIT, focusing on the debate around unexplained cash under Section 68 during the demonetization period.
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Explore the intricacies of ACIT Vs Satish Kumar Keshri, a pivotal case by the Patna High Court about the application of Section 153A in Income Tax assessments. Learn about the court's stand… Read More
Analysis of ITAT Hyderabads decision on ACIT Vs Owens Cornings Industries, focusing on 60% depreciation eligibility for computers and peripherals under the Income Tax Act, 1961.
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An in-depth analysis of the ITAT Delhi case between ACIT and International Recreation Parks. Learn why income taxed as house property can't be taxed as business income later.
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Egis International S.A. Vs ACIT (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) Delhi recently adjudicated a noteworthy case involving Egis International S.A. and Assistant Commissione… Read More
In the case of Suresh Kumar Doodi vs. ACIT, ITAT Jaipur rules that delay in filing Form 67 doesn't result in disallowance of Foreign Tax Credit under Rule 128(9).
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D D & Co. Vs ACIT (ITAT Mumbai) ITAT Mumbai held that for claiming deduction u/s. 57 of the Income Tax Act, it is important to establish that the expenditure is laid out or expended whol… Read More
Are you curious about the earning potential of Apple technicians? Wondering if it’s a lucrative career path or just a modest paycheck? In this article, we’ll delve into the world… Read More
The Additional Commissioner of Income Tax (ACIT) is an important position in the Union Public Service Commission (UPSC). This role carries significant responsibilities in managing the income… Read More
ITAT Chennai in Estate of Late Smt. Jayanthi Krishnamurthy Vs ACIT held that no addition could be made under section 153A in absence of incriminating evidence resulting from a search, especi… Read More
Smt. Shashikala Ram Kumar Vs ACIT (Hyderabad) Assesee disputed additions made u/s40(a)(ia) & 40A(3) before the CIT (A) and produced certificates under proviso to section 201(1) whereby C… Read More
Analyzing the case of Sanjay Bajpai Builders Vs ACIT and the ITAT Raipur's ruling on disallowance u/s 40(a)(ia) of the Income Tax Act for failure to deduct TDS on interest to NBFCs.
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Learn about the ITAT Delhi's ruling on FIL India Business & Research Services Pvt Ltd Vs ACIT, where technical issues on EPFO's portal excused a PF delay.
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An in-depth analysis of the Calcutta High Court's decision in Anuj Bakshi Vs ACIT. The court set aside an Income Tax order due to violations of Natural Justice principles.
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Analysis of the ITAT Mumbai case, Sanjeev Motwani vs ACIT, focusing on the deletion of addition concerning the valuation of closing stocks based on the Principle of Prudence.
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An in-depth analysis of ITAT Delhi's verdict in the case of Captive Commerce Pvt. Ltd. Vs ACIT. The tribunal quashes the reassessment order under Section 148 of Income Tax Act for vague reas… Read More
Exploring the key takeaways from the ITAT Chennai ruling in Duraisamy Parameswaran Vs ACIT, focusing on how agricultural income is treated under Section 68 of the Income Tax Act.
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Explore the ITAT Delhi's judgment in ACIT vs Rishi Infratach Pvt Ltd case pertaining to Section 68. Learn how the court settled matters related to identity, creditworthiness, and genuineness… Read More
Explore the ITAT Chennai order in Srimathi Laxmi Charities vs. ACIT, focusing on non-corpus donations to charitable trusts and the deletion of additions.
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Australia, known for its stunning landscapes and diverse wildlife, is also a land of extremes, where scorching deserts coexist with frozen storage facilities. Cold storage plays a pivotal ro… Read More
Detailed analysis of ITAT Delhi's decision in the case of Tourism Finance Corporation of India Ltd. vs. ACIT regarding the allowability of expenditure for business expansion.
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Read the full text of the ITAT Kolkata order in the case of Philips India Limited vs. ACIT regarding the grant of 30% depreciation on business-owned moulds.
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Learn about the validity of re-assessment without notice u/s 143(2) in the case of Gonuguntla Nirmala Devi vs. ACIT. Explore the full text of the ITAT Hyderabad order.
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In the case of Bharat Electronics Ltd. Vs ACIT (ITAT Bangalore), the reassessment was found void as it relied on a mere change of opinion without new evidence.
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Read the full text of ITAT Delhi's order in Super Alloy Castings P. Ltd vs. ACIT regarding higher depreciation on electrical fittings and rejection of personal use charges.
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Explore the ITAT Amritsar order in the case of Smt. Bharti Singh vs. ACIT, covering reassessment jurisdiction, reasons, and legal implications.
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Read the full text of the judgment/order of the Kerala High Court in the case of P R Combines vs. ACIT concerning delay condonation and tax recovery
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Read full text of ITAT Delhi order in Ajay Kumar vs. ACIT, where disallowance of bad debt was upheld as assessee was not involved in a real estate business
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Analysis of ACIT Vs Karsan Bhai Khimabhai Patel case where AO's lack of independent inquiry invalidated unexplained investment addition. Learn more about ruling.
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ACIT Vs Vahanvati Consultants Private Limited (Supreme Court of India) The Supreme Court of India has recently made a disposition in the case of ACIT (Assistant Commissioner of Income Tax) v… Read More
Read how ITAT Delhi deleted ALP adjustment in STEAG Energy Services vs. ACIT case, as it falls within tolerance band of +/- 5% under Section 92C(2) of Income Tax Act.
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Explore case of Mangal Chand vs. ACIT, where an order was made without considering petitioner's adjournment request, leading to a violation of natural justice.
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In ACIT Vs Sanjay Kumath case, ITAT Indore ruled on Section 54F deduction eligibility based on period of holding of a flat from date of allotment letter. Learn about detailed analysis and co… Read More
Member-only storyManuel BrennerFollowTowards Data Science--ShareI like to think about what the inhabitants of Renaissance Italy, aflame with passion for the possibilities of the human imagin… Read More
Explore the case of Sanjay Kothari vs. ACIT and learn about importance of admissions in search or survey cases. Understand implications of an assessment order lacking DIN and Order number.
T… Read More
Read case of Renga Fabricators Private Limited vs. ACIT/ITO, where an outdated email notice led to quashing of an assessment order by Madras High Court.
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In the case of ACIT vs. Avaya India Pvt. Ltd., ITAT Delhi excludes Infosys from the list of comparables under the software development services segment.
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In the case of Rai Bahadur Narain Singh Sugar Mills Ltd. vs. ACIT, ITAT Delhi rules that no disallowance can be made for delay in EPF payment due to technical issues.
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In the case of J.R. Rice India Pvt. Ltd. vs. ACIT, ITAT Delhi removes Income Tax addition under section 68 for cash deposits during demonetization, citing no abnormal sales.
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Gemini Film Circuit Vs Additional/Joint/Deputy/ACIT/ITO (Madras High Court) Madras High Court Sets Aside Assessment Order Due to Procedural Flaws In a recent judgment, the Madras High Court… Read More
Read the full text of the ITAT Ahmedabad order regarding the penalty under Section 271 in the case of Harson Labs Pvt. Ltd. vs. ACIT for Assessment Year 2015-16.
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In a crucial verdict, ITAT Delhi cancels Rs. 5,75,000 u/s 69C addition in Designers Point vs ACIT case due to lack of substantial evidence from WhatsApp chats.
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ITAT Chennai's ruling in Smt. Nagappan Suganthi Vs ACIT. Non-consideration of evidence on deduction claim u/s 54B and capital gains exemption on sale of agricultural land. Matter remanded to… Read More
Explore a recent judgment from the Madras High Court in the case of Tamil Nadu Discharged Prisoners' Aid Society vs. Additional-Joint-Deputy-ACIT-ITO. The court provides relief to a non-prof… Read More
ITAT's decision on Rounak Farms Pvt. Ltd. vs. ACIT case where a section 69B addition was upheld due to the appellant's non-appearance despite 20 notices.
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Nayagi Fireworks Ltd. vs. ACIT case, where cash deposits of Rs. 99.50 Lacs were disputed and ITAT provides an opportunity to substantiate source.
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