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ITAT JAIPUR RULING
Retired employee gets income tax notice over Rs 9.29 lakh leave encashment; ITAT Jaipur cancels it and gives him full tax exemption, here's whyMr. Gupta, a former employee of the State Bank of India, found himself facing an income tax notice concerning Rs 9.29 lakh in leave encashm...
Rs 3.41 crore in FCNR deposits tagged as unexplained money despite being held by Dubai-based individual; ITAT Jaipur grants full reliefMrs. Khanwani, a Dubai resident, faced tax notices for unexplained money linked to her FCNR deposits. The ITAT Jaipur ruled in her favor, h...
How much gold and silver jewellery can you have in your home without getting into trouble with the Income Tax authorities?How much pure silver and gold jewellery can you have in your home without getting into trouble with the Income Tax authorities? To know the...
Retired employee received income tax notice for Rs 9.04 lakh leave encashment; she wins case in ITAT Jaipur, know how leave encashment is taxedRetired employee sent income tax notice for Rs 9.04 lakh leave encashment, she wins case in ITAT Jaipur; Know how leave encashment is taxed...
Rs 3.99 lakh penalty for under-reporting income and paying Rs 2 lakh less in income tax; ITAT Jaipur cancels penalty, know whyA man from Sikar faced a penalty of Rs 3.99 lakh for under-reporting his income. The Income Tax Department initiated penalty proceedings af...
Rs 2.42 lakh FD investment and Rs 1.06 lakh cash deposits, no ITR filed, got income tax notice; senior citizen wins case in ITAT Jaipur after 9-year fightNo ITR filed, yet Rs 2.42 lakh FD investment, Rs 1.06 lakh cash deposits triggers tax notice for senior citizen; she wins case in ITAT Jaip...
Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
Senior citizen built home on Rs 22 lakh plot, sold for Rs 8 crore, got income tax notice; he fights and wins tax battle at ITATA senior citizen successfully appealed to the ITAT Bangalore, securing partial relief in a tax dispute over the sale of a Bengaluru propert...
Bollywood actor Preity G Zinta receives tax notice for Rs 10 crore unexplained cash credit; she fights back and wins case in ITAT Mumbai for this reasonIn a remarkable turn of events, Bollywood star Preity Zinta triumphed over a hefty Rs 10 crore tax claim. The Income Tax Department had rai...
Man sells unlisted start-up shares for Rs 52 crore; tax dept issues notice for undervaluation; he wins case in ITAT DelhiAn investor in South West Delhi won a significant tax case. The Income Tax Appellate Tribunal quashed a Rs 52 crore addition to his income....
Rs 3 lakh bribe, failed job promise, bounced cheque: Madras HC explains why bribe money can’t be recovered in courtIn a twist of fate, a government servant handed back a bribe of Rs 3 lakh in the form of a cheque when a promised job didn't materialize. H...
Homeowners, not housing society, must pay capital gains tax on sale of development rights to builders, rules ITAT MumbaiThe Income Tax Appellate Tribunal Mumbai has ruled that individual homeowners are liable for capital gains tax when their housing society s...
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...
Wife gets job on compassionate grounds, leaves in-laws; Court orders Rs 20,000 monthly support to father-in-lawWife took nearly 70% of late husband’s provident fund and also got his job on compassionate grounds, abandons his parents within 18 days, r...
Buyer of bank auctioned property discovers massive unpaid bills, files case against bank but gets no relief in HC; lessons for buyersA homebuyer lost a case in the Allahabad High Court after discovering unpaid water and RWA maintenance bills on a property bought via bank ...
SBI charges Rs 4,400 for bounced EMIs; customer contests and wins Rs 1.7 lakh after 15 yearsA Delhi consumer has won a 15-year legal battle against SBI, securing Rs 1.7 lakh. The bank wrongly charged her Rs 4,400 in EMI bounce fees...
Landowner earns Rs 1.82 crore from mango sales, tax dept issues notice and adds Rs 1.2 crore as unexplained cash credit; ITAT Bangalore gives reliefThe ITAT Bangalore ruled in favor of Mr. Kanana, a landowner, upholding his affidavits and dismissing a tax notice influenced by online art...
Taxpayer with unexplained investment gets part relief in ITAT Delhi due to his socio-economic status, know what it meansOn September 2, 2025, ITAT Delhi granted partial relief to taxpayer Husain, reducing his unexplained investments from Rs 7.82 lakh to Rs 1....
Salman acquittal, beef ban, Maggi dominated Maharashtra legal scene in 2015In a major relief to Nestle India Ltd, the high court on August 13 quashed the orders of the Indian food regulators banning the nine varian...