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 ITAT Delhi has allowed an 80IC deduction for Mantangi Rubber Pvt. Ltd. despite a 46-minute delay in return filing, deeming Section 80AC directory and emphasizing ...

The Delhi High Court has ruled against the "negative blocking" of Electronic Credit Ledgers, citing that such actions exceed the scope of Rule 86A of the CGST ...

ITAT Mumbai rules cash deposits in SBNs during demonetization, with explained sources, cannot be treated as unexplained income, citing judicial ...

Mumbai ITAT dismisses Section 68 addition on NICAF LLP, clarifying that Section 47(xiiib)(f) violations relate to capital gains, not unexplained credits, in company-to-LLP ...

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 ...