ITAT Ahmedabad confirms Section 68 addition of ₹93.92 lakh for bogus LTCG from Kushal Tradelink shares, rejecting the appeal based on human probability ...

Penalties imposed on appellant and its Managing Director for allegedly availing excess duty drawback by understating freight charges in export shipping bills was set aside as appellant had not made ...

The tribunal annulled assessment proceedings, holding that the approval under Section 153D was granted in a mechanical, ...

ITAT quashed PCIT’s Section 263 order, holding AO’s treatment of survey income as business income valid and not erroneous or prejudicial to ...

ITAT Chandigarh restricted the unexplained cash addition to ₹2.5 lakh, deleting ₹10 lakh in Sher Singh vs ITO for AY 2017–18, ...

Bombay High Court granted interim relief to a co-operative credit society, restraining coercive tax recovery in a Section 80P deduction ...

CESTAT Mumbai rules that mis-declaration under the Foreign Trade Policy cannot attract penalty under Section 117 of the Customs Act and allows Ajanta Pharma’s ...

Telangana High Court permits Synergy Foods to file a revocation of cancelled GST registration despite lapsed appeal deadlines, subject to outstanding ...

Allahabad High Court directs UP GST authorities to withdraw liens on Smm Infratech’s bank accounts, finding recovery actions imposed after taxes were paid as ...

ITAT Mumbai ruled that delay in filing Form 10B by Sacred Heart Church should not deny exemption under Section 11 and remanded the matter for ...

ITAT Amritsar partly allows an appeal, reducing income addition from Rs. 3.88 lakhs to Rs. 6,000 for specified bank note ...

ITAT held that the delay in filing appeal was caused by genuine reasons, including the taxpayer’s age and misunderstanding of online procedures. The case was remanded to CIT(A) for fresh adjudication ...