Comprehensive Analysis of Aniruddh Rinki Gandhi v. DCIT (Intl. Taxn), Baroda: Expanding the Horizons of Section 54/54F Deductions 1. Introduction The case of Aniruddh Rinki Gandhi v. DCIT (Intl....
Prospective Application of Section 153C of Income Tax Act Post Finance Act 2017: ITAT's Landmark Decision in Karina Airlines International Ltd. vs ACIT Introduction The case of Karina Airlines...
Red Hat India Pvt. Ltd. v. Additional CIT: Evolving Standards in Transfer Pricing and Revenue Recognition Introduction The case of Red Hat India Pvt. Ltd. v. Additional Commissioner of Income Tax...
ITAT Amritsar Bench Establishes Precedence on Deduction under Section 36(1)(va) for Employee Contributions Paid Before Filing Returns Introduction The case of J.M.C Plywood, Goraya v. Income Tax...
ITA Raipur Establishes Eligibility of Cooperative Societies for Section 80P Deductions on Interest and Dividend Income Introduction The case of Gramin Sewa Sahakari Samiti Maryadit Maryadit, Raipur...
Application of Turnover Filters in Transfer Pricing Analysis: ITAT's Ruling in Radisys India Pvt. Ltd. Case Introduction The case of M/s. Radisys India Private Limited vs. Assistant Commissioner of...
Non-Retrospective Applicability of Finance Act, 2021 Amendments to Section 43B: Pratap Technocrats Pvt. Ltd. v. ADIT Introduction The case of Pratap Technocrats Private Limited, Jaipur Rajasthan v....
ITAT Upholds Proper Grounds for Reopening Assessments Under Section 147 Introduction The case of Country Club Hospitality & Holidays Limited, Hyderabad v. Income Tax Officers, Ward -1(2), Hyderabad,...
Reassessment Proceedings Based on Incorrect Premises Quashed: Hafizuddin Hazi v. ITO Introduction The case of Sh. Hafizuddin Hazi, New Delhi v. ITO, New Delhi is a landmark decision delivered by the...
ITAT Affirms Reimbursement through Collaboration Agreements as Exempt from Section 40A(3) Disallowance Introduction The case of Rainbow Promoters Pvt. Ltd., New Delhi v. ACIT, New Delhi adjudicated...
Strict Approach to Condonation of Delay in Income Tax Appeals: A Commentary on Tejas Networks Ltd. v. DCIT, Bangalore Introduction The case of Tejas Networks Limited, Bangalore v. DCIT, Bangalore...
Allowability of Interest Expenditure under Section 36(1)(iii) for Investments in Subsidiary Companies: ITA Mumbai Judgment Analysis Introduction The case of Assistant Commissioner of Income Tax,...
Tax Deduction Eligibility for Cooperative Societies: Insights from Krishnarajapet Taluk Agri Pro Co-op Marketing Society Ltd v. Pr. Commissioner of Income Tax, Mysore Introduction The case of...
ITAT Bangalore Upholds Deduction of PF and ESI Contributions if Paid Before Return Filing Deadline Introduction The case of Sivan Securities Private Limited, Bangalore v. The Deputy Commissioner Of...
Prospective Applicability of Finance Act 2021 Amendments on PF and ESI Contributions: ITAT Bangalore’s Ruling in M/s. Loka Shikshana Trust v. CIT Introduction The case of M/s. Loka Shikshana Trust,...
Clarifying Jurisdictional Limits: ITA's Decision on Additions under Sections 68, 69C and Reopening Assessments Introduction In the case of M/S. Sahara City Homes, Bareilly v. Income Tax Officer -...
Enhancing Evidentiary Standards for Unexplained Investments under Section 69: ITAT Indore Affirms the Necessity of Corroborative Evidence Introduction The case of ACIT (Central)-1, Bhopal, Bhopal v....
Reassessment Proceedings and Natural Justice in Tax Law: Priya Diamonds Pvt. Ltd. v. ACIT 1. Introduction The case of Priya Diamonds Pvt. Ltd., Delhi v. ACIT, Central Circle-25, New Delhi is a...
Recognition of Legitimate Cash Withdrawals for Medical Emergencies in Income Tax Assessments Introduction The case of Om Prakash Nahar, New Delhi v. ITO Ward-67(2), New Delhi adjudicated by the...
Classification of Deferred Receivables as International Transactions in Transfer Pricing: Swiss Re Global Business Solutions India Pvt Ltd. Introduction The case of Swiss Re Global Business Solutions...