ITAAT Upholds Allowability of Director's Salary Expenditure as Business Expense in Vvf Ltd. v. CIT Introduction The case of Vvf Ltd. v. CIT adjudicated by the Income Tax Appellate Tribunal (ITAT) on...
ITA Visakhapatnam: Upholding Professional Income Claims and Overturning Penalties in Pillala Ramakrishna Rao v. ACIT 1. Introduction The case of Pillala Ramakrishna Rao vs. The Additional...
Restricting the Applicability of Section 68: Insights from Manasi Mahendra Pitkar v. Ito Introduction The case of Manasi Mahendra Pitkar v. Ito adjudicated by the Income Tax Appellate Tribunal (ITAT)...
Interpretation of 'Month' Under Income Tax Act: Radha Soami Satsang Beas vs. Deputy Commissioner of Income Tax Introduction The case of Radha Soami Satsang Beas vs. Deputy Commissioner Of Income Tax,...
Ratnakar M. Pujari v. Ito: Establishing the Precedent on Bogus Share Transactions and Unexplained Cash Credits Introduction The case of Ratnakar M. Pujari v. Ito adjudicated by the Income Tax...
Limitations on Penalties Under Section 271(1)(c) for Bona Fide Errors: Kamani Oil Industries Pvt. Ltd. v DCIT Introduction The case of Kamani Oil Industries Pvt. Ltd. versus the Deputy Commissioner...
Clarifying Transfer Pricing Adjustments: Dell International Services India Pvt. Ltd. v. DCIT, Bangalore Introduction The case of M/s. Dell International Services India Pvt. Ltd., Bangalore v. Deputy...
The Taj TV Ltd. v. CIT(A) Judgment: Redefining Permanent Establishment and Royalty Implications under India-Mauritius DTAA Introduction The judgment in Taj TV Ltd. v. Income Tax Appellate Tribunal...
Interpretation of "Charitable Purpose" under Section 2(15) of the Income-tax Act: Insights from Society of Indian Automobile Manufacturers v. Income-tax Officer Introduction The case of Society of...
Clarifying the Scope of Revisional Powers under Section 263: Rane v. CIT Introduction The case of Narayan Tatu Rane v. Income-tax Officer, Ward 27(1)(1), Mumbai adjudicated by the Income Tax...
Mandatory Recording of Satisfaction Note under Section 153C: Bhawna Bhalla v. CIT Judgment Introduction The case of Bhawna Bhalla v. CIT adjudicated by the Income Tax Appellate Tribunal (ITAT) on...
Reassessment of Completed Income Tax Assessments under Section 153A: Insights from L. Suryakantham Visakhapatnam v. ACIT Introduction The case of L. Suryakantham Visakhapatnam v. ACIT, Circle-2,...
Vijayashanthi Builders Ltd. vs. JCIT: Recognition of Business Losses in Real Estate Ventures Introduction The case of Vijayashanthi Builders Ltd., Chennai v. JCIT, Chennai, adjudicated by the Income...
Bogus Purchases and Verification in Income Tax Assessments: Analysis of Ito v. Purushottam S.K. Kulkarni Introduction The case of Ito v. Purushottam Shankar Kulkarni adjudicated by the Income Tax...
Accrual of Deferred Consideration in Capital Gains Taxation: Commissioner of Income-tax v. Mrs. Hemal Raju Shete Introduction The case of Commissioner of Income-tax v. Mrs. Hemal Raju Shete...
Tribunal Rules IUC Payments Do Not Constitute Fee for Technical Services or Royalty: Bharti Airtel v. Ito Introduction The case of Bharti Airtel Limited v. Ito adjudicated by the Income Tax Appellate...
Clarifying the Application of Section 153A in Income Tax Assessments: Principal Commissioner of Income-tax-4 v. Saumya Construction (P.) Ltd. Introduction The case of Principal Commissioner of...
Medplus Health Services P. Ltd. v. Ito: Clarifying Fair Market Value Under Section 56(2)(viia) Introduction The case of Medplus Health Services P. Ltd. v. Ito adjudicated by the Income Tax Appellate...
Kamlesh Mundra v. Ito: Reinforcing Burden of Proof in Disallowing Long-Term Capital Gains Introduction The case of Kamlesh Mundra v. Ito adjudicated by the Income Tax Appellate Tribunal (ITAT) on...
Retrospective Application of Section 12A: SNDP Yogam Cochin v. Assistant Director of IT (Exemption) Introduction The case of SNDP Yogam, Cochin v. Assistant Director of IT (Exemption), Cochin...