ITAT Ahmedabad allows Khedbrahma Taluka Primary Teachers Co-op. Credit Society Ltd. 80P deduction despite a minor delay in IT return filing, citing technical glitches and statutory ...

The Bombay High Court dismissed a tax appeal in PCIT vs. Hans Chemicals, reaffirming that revised CBDT monetary limits apply to pending cases, leading to ...

Delhi High Court quashes CIT order, condoning delay in e-verifying Form 10B for Kotak Family Foundation, emphasizing justice over technicality in tax ...

Karnataka High Court quashes reassessment notice for AY 2015-16, citing Supreme Court precedents on expired limitation periods for tax ...

Rajasthan High Court directs ITO to consider the Supreme Court's Rajeev Bansal precedent regarding expired limitation periods for AY 2015-16 tax ...

No Section 40A(2)(a) addition if AO not brought any comparable case to demonstrate that payments made by assessee to directors were excessive/unreasonable: ...

Madras High Court held that the export incentive cannot be denied for technical and venial breach of provisions of Section ...

Madras High Court dismissed an appeal by Indian Oil Corporation, affirming the acceptance of tender bids from Jyothi Constructions despite an initial ...

The ITAT Delhi has nullified a tax assessment against SEH Realtors Pvt. Ltd., ruling that the Section 153D approval was granted mechanically without due application of ...

Bangalore ITAT remands Om Prakash Girgaonkar's appeal to AO, citing potential double addition on property purchase and ...

A Mumbai Tribunal ruled that CSR donations, while not business expenses, are deductible under Section 80G if made to eligible institutions, reaffirming CBDT ...

Ministry of Finance clarifies it hasn't directed banks to close inactive PMJDY accounts, launching a campaign to boost scheme adoption and ...