Man was denied Section 54F income tax exemption as builder delayed villa construction by 4 years; Telangana HC grants relief, says taxpayer can't suffer for builder's faultBuilder delayed villa's construction by 4 years, thus tax dept denied Section 54F tax exemption to homebuyer; Telangana HC says homebuyer c...
02 Aug, 2026, 08.10 AM IST
British Airways reviewing crew accommodation at Hyderabad after reports of crew member sickness: SourcesBritish Airways is reviewing crew accommodation in Hyderabad after isolated sickness reports. A pilot reportedly fell unwell during a recen...
23 Jul, 2026, 01.07 PM IST
NRI sells his Bangalore property for Rs 2.63 crore, declares Rs 16.33 lakh LTCG, gets tax notice; he fights and wins partial relief from ITAT for this reasonSold property for Rs 2.63 crore and reported Rs 16.33 lakh LTCG, claimed home loan interest, travel, water, electricity and brokerage as ex...
11 Jul, 2026, 07.38 AM IST
Reporting ULIP payout of Rs 3.22 crore under wrong head in ITR triggers tax penalty; ITAT Hyderabad cancels penaltyA man who invested Rs 75 lakh in ULIPs and surrendered them for Rs 3.22 crore was penalized Rs 2.48 crore for reporting the income under th...
22 Dec, 2025, 11.00 AM IST
UAE based taxpayer earned Rs 4 crore income in India on which TDS was deducted but didn't file ITR, got tax notice; wins case in ITAT DelhiIn a recent development, a taxpayer residing in the UAE with an income of Rs 4 crore from India found themselves in a positive light as the...
10 Dec, 2025, 02.11 PM IST
Employer deducted TDS but didn’t deposit it: ITAT Kolkata saves employee from Rs 14 lakh tax demandIn a noteworthy decision, the Income Tax Appellate Tribunal in Kolkata has come to the aid of an employee who found themselves in a challen...
10 Dec, 2025, 11.57 AM IST
Fired employee gets Rs 26 lakh severance pay, but didn't pay income tax; loses tax battle in ITAT Hyderabad for this key reasonIn a landmark decision on November 19, 2025, the ITAT Hyderabad ruled that severance packages is to be classified as taxable income under p...
05 Dec, 2025, 01.06 PM IST
Tax dept seized mother’s 263 gram gold; son fights in ITAT Mumbai and wins: Know what CBDT gold jewellery circular saysMr. Nilawar has emerged victorious against the tax department's attempt to seize his family's gold collection. The Mumbai Income Tax Appell...
02 Dec, 2025, 12.22 PM IST
Shadow of tax over charitiesWith the Supreme Court on two separate rulings on the same day laying down the principles for an educational trust and a general public uti...
16 Dec, 2022, 06.55 PM IST
Dynamic jurisdiction of ITAT, simpler compliance window being consideredA random, automated process to distribute cases could reduce the scope of corruption, lessen the influence that some of the senior lawyers ...
29 Jan, 2022, 08.30 AM IST
Andhra Pradesh chief minister wins round 1 against the taxmanThe I-T Appellate Tribunal (ITAT), a quasi-judicial authority, in its order on January 5, has struck down the contention of the I-T departm...
10 Jan, 2022, 08.53 AM IST
India Inc’s IPL ticket spend to qualify as deductibleITAT ruling to benefit FMCG, consumer durables and telecom companies.
06 Mar, 2019, 08.13 AM IST
SC seeks govt's response on vacancies in ITATThe PIL filed by one Akshay Pundir said that "ad hocism has become order of the day as many of the posts have not been filled up".
23 Jan, 2017, 08.57 PM IST
Nine senior Income Tax officials in CBI netIt is alleged that these officials were availing favours including stay, conveyance and flight travel at the expense of the chartered accou...
22 Jun, 2016, 03.47 PM IST
- Payments to foreign cos by call centres taxable in India: ITAT
The Income Tax Appellate Tribunal has ruled that the domestic call centres have to pay tax on payments made to foreign companies. IT servic...
07 Sep, 2008, 12.20 PM IST
- Captive software units likely to get relief in tax demands
Captive software service providers, clamped with hefty tax demands for violation of transfer pricing norms in transactions with their US pa...
23 Jun, 2008, 01.02 AM IST
- Mayawati's BSP gets to own several plots
BSP has indeed done very well for itself, having emerged in the last few years as one of the biggest real estate dealers. Loan against prop...
30 Apr, 2008, 12.30 PM IST