From Rs 2.28 Crore to Rs 63,000: ITAT Ahmedabad Rules in Favour of Non-Resident Taxpayer
A non-resident Indian (NRI) taxpayer found himself at the centre of a taxing ordeal when the Income Tax Department issued […]
ITAT – Income Tax News
Maruti Suzuki gets favourable ITAT ruling in old tax case
Maruti Suzuki India Ltd (MSIL) on Friday informed stock exchanges that it received a favourable order from the Income Tax
TDS mismatch can’t cost you Rs 1 crore: ITAT Mumbai quashes tax demand on Form 26AS
In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax
Delhi HC Issues Notice on Tax Department’s Appeal Against ITAT Ruling in Clifford Chance Case
The Delhi High Court has issued notice in an appeal filed by the Income Tax Department challenging a ruling of
Ahmedabad Tax Tribunal Clears Man In Rs 4 Lakh Cash Gift Case Linked To Son’s Wedding
In India, cash gifts during weddings are a common tradition. But for Manubhai, receiving Rs 4.31 lakh as cash gifts
ITAT relief: Section 54F exemption allowed despite no deposit in capital gains account scheme
In a relief of homebuyers and tax payers, the Income Tax Appellate Tribunal (ITAT), Ahmedabad has held that that exemption
No Income Tax on ₹4.5 Crore Land Sale: Patna Woman Wins Relief Under Section 54F Thanks to 1955 CBDT Circular & ITAT Ruling
Patna, June 6, 2025 – In a major relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Patna has ruled
ITR filing; Tax rebate on short-term capital gains: ITAT ruling opens a window
The ambiguity over whether small taxpayers’ special rate income – particularly, short-term capital gains tax – will be eligible for
Misled by tax consultant, employee faces Rs 1.15 lakh penalty — ITAT Pune steps in to reverse it
The Income Tax Department has flagged a growing trend of fraudulent tax deduction claims, prompting over 90,000 salaried employees across
ITAT Mumbai Rules in Favor of Wife: No Income Tax on Rs 6 Crore Property Sale After Claiming Section 54 Exemption on Gifted Flats
In a landmark ruling dated June 9, 2025, the Income Tax Appellate Tribunal (ITAT) Mumbai ruled in favor of a
