Property dealer deposits ₹54 lakh cash, faces tax demand: Why Delhi ITAT ruled the money was not his taxable income
f A property dealer who deposited ₹54 lakh in cash into his bank account and did not file an income […]
ITAT – Income Tax News
Landlord lost ₹2.71 lakh TDS credit after SBI error; ITAT says tax department must give full credit
The Income Tax Appellate Tribunal (ITAT), Agra, has directed the tax department to give a landlord credit for the full
Mumbai Income Tax Tribunal deletes Rs 20 lakh tax addition over alleged cash payment for flat
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has deleted a Rs 20 lakh addition made to a
Rs 54 lakh cash deposit avoids taxation: Why property dealer won case
Tax officials regarded a Rs 54 lakh cash deposit into a property dealer’s personal bank account as unexplained income. The
NRI’s Dubai life insurance payout triggered ₹40 lakh tax dispute, why ITAT ruled in his favour
An Indian resident who bought a life insurance policy while working in Dubai has won a tax dispute after the
Taxpayer failed to disclose UAE bank account and foreign shares in ITR: ITAT Delhi upholds ₹1.86 lakh penalty
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has upheld a ₹1.86 lakh penalty under the Black Money
Income Tax Section 50C: Sold property for ₹94 lakh despite ₹1.93 crore stamp value; ITAT Chennai grants tax relief
A Chennai taxpayer who sold property for ₹94 lakh despite a stamp-duty value of ₹1.93 crore has won relief from
Gratuity tax deduction of ₹79.25 lakh denied over wrong ITR schedule, ITAT Chennai rules in taxpayer’s favour
A company that lost a ₹79.25 lakh gratuity deduction because of an error in its income tax return has won
₹1.33 crore cash deposit, no ITR filing: How a retired teacher won his income tax case at ITAT Bangalore
A retired school teacher from Mysore who had deposited ₹1.33 crore in cash across bank accounts and had not filed an
ITAT: Flipkart employee’s Rs 2.33 Crore ESOP buyback taxable as capital gains, not salary
Can money received from an Employee Stock Options (ESOPs) buyback be taxed as salary even if the employee never exercised
