ITAT – Income Tax News

In an important ruling, the Mumbai bench of the Income Appellate Tribunal (ITAT) has held that when a property is […]

A Bengaluru taxpayer who claimed that his wife and father paid his expenses and that he was unaware of income-tax

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has deleted a ₹85.35 lakh addition made against a taxpayer

The Income Tax Appellate Tribunal (ITAT), Mumbai, has deleted an ₹8.87 lakh addition made under Section 69A of the Income-tax

A taxpayer who declared income of just Rs 1.79 lakh found himself facing additions of more than Rs 11.22 crore

Gold is more than an asset in India as it holds cultural value along with its financial value. Families often

A Parliamentary Committee has recommended timely and continuous filling of vacancies in the judicial, registry, and support cadres of the

Can you claim tax exemption under Section 54 if the investment involves two flats? A recent Mumbai Income Tax Appellate

How much gold jewellery can you keep at home before the taxman starts asking questions? A recent Income Tax Appellate

Retirees who earlier received only ₹3 lakh in leave encashment tax exemption before 2023 may now qualify for relief. The