Petrol pump owner declares Rs 37 lakh income in ITR, gets tax notice for Rs 14 lakh unexplained cash deposit, wins case in ITAT BangaloreA petrol pump owner declared Rs 37 lakh income on Rs 37 crore turnover. He received a tax notice for Rs 14 lakh cash deposit. The ITAT Bang...
15 Nov, 2025, 12.43 PM IST
From Rs 21,350 tax demand to zero tax; How a taxpayer won Section 87A case in ITAT BengaluruIn a taxpayer-friendly ruling, the ITAT Bengaluru allowed Mr. Jakkaraju's Section 87A tax rebate claim, even though it was filed in a revis...
03 Sep, 2025, 11.38 AM IST
Looking into vacancies in Income Tax appellate tribunals: SCThe Supreme Court has assured the Bangalore Bar Association that it is addressing the issue of vacancies in income tax appellate tribunals ...
06 Sep, 2024, 04.24 PM IST
SC slams IT department for filing cases after time limitThe Supreme Court criticized the income-tax department for filing petitions belatedly, highlighting a delay of over four years in an appeal...
06 Feb, 2024, 11.51 PM IST
IPL promotions: Anil Kumble exempt from service taxThe Bangalore bench of CESTAT held that the promotional activities provided by Kumble during the IPL shall not be treated as "business auxi...
06 Apr, 2022, 11.30 PM IST
ABB tax ruling: Fee for Technical Services taxable only in the year of receipt under India-Germany tax treatyAs per the detail of the case Germany headquartered arm of ABB, the Swedish-Swiss multinational, had received some money for testing and in...
07 Dec, 2020, 03.48 PM IST
HP India tax case: Customs Tribunal to reconvene hearing in AprilThe Customs, Excise and Service Tax Appellate Tribunal (CESTAT) had earlier rejected HP subsidiary Hewlett-Packard India Sales' (HPI) reque...
23 Mar, 2015, 04.39 AM IST
Customs, Excise and Service Tax Appellate Tribunal to have six new benchesWith these additions, nine major cities in the country now have the benches of the appellate tribunal of the three revenue departments.
17 Oct, 2013, 03.10 PM IST
I-T Officer must give taxpayer reasons for reopening case: Income-tax Appellate TribunalThe taxpayer company was served a notice for reopening the assessment under section 147 of the I-T Act.
11 Jan, 2013, 04.21 AM IST
- Only top-level Polish exececutives exempted from tax net: ITAT
ITAT said that all management functions cannot be classified as top-level management functions unless they are senior officials with titles...
27 Jun, 2012, 02.20 AM IST
- Govt to set up panels to resolve cross-border taxation disputes
The government plans to set up eight panels consisting of senior income-tax officials to quickly resolve disputes over cross-border taxatio...
25 Nov, 2009, 01.05 AM IST
- TDS credit and declaration of income
The Bangalore income-tax tribunal has held that the credit of tax deduction at source (TDS) under section 199 has nothing to do with the sy...
04 Nov, 2008, 04.33 AM IST
- Watchout when to sell your stock option to avoid higher taxes
You could end up paying a higher tax on selling your stock option granted by the employer by miscalculating the duration of holding of thes...
31 Aug, 2008, 12.40 PM IST
- Liaison offices of MNCs can't be taxed, rules ITAT
Multinational companies sourcing their products from third-party manufacturers in India through a liaison office here have reasons to cheer.
17 Jun, 2008, 05.27 AM IST
- New ITAT bench to untangle MNC transfer price muddles
Multinational companies, currently confused over the contradicting transfer pricing regime in India, will get a special bench from the Inco...
10 Nov, 2006, 02.05 AM IST
- Foreign firms may have to pay tax on technical service
Payments made to several foreign companies offering technical services, including financial services, are set to come under the tax net.
21 Sep, 2004, 11.17 PM IST
- No service tax on royalty payments, rules tribunal
Royalty payments cannot attract a service tax liability, according to a recent decision of the Service Tax (Appellate) Tribunal, Mumbai Ben...
02 Sep, 2004, 01.51 AM IST