Indian moves to US for job, forgets to file ITR, Income Tax Dept imposes Rs 8.29 lakh penalty; ITAT Jaipur cancels penalty and gives full reliefIndian employee working in US imposed with Rs 8.29 lakh penalty for missing to file ITR after moving to US; ITAT Jaipur cancels penalty and...
14 Sep, 2026, 07.00 AM IST
FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSelect small finance banks offer senior citizens fixed deposit rates up to 8.5 percent. Suryoday Small Finance Bank provides 8.5 percent in...
12 Sep, 2026, 07.00 AM IST
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...
10 Sep, 2026, 07.00 AM IST
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...
09 Jun, 2026, 04.57 PM IST
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...
29 Dec, 2025, 02.06 PM IST
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...
02 Dec, 2025, 11.05 AM IST
CBI cracks open mega bribery web inside Jaipur tax tribunal; Judicial member, advocate and appellant arrestedThe CBI has busted a bribery racket at the Income Tax Appellate Tribunal in Jaipur, arresting a judicial member, an advocate, and an appell...
26 Nov, 2025, 09.08 PM IST
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....
25 Nov, 2025, 12.48 PM IST
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...
15 Nov, 2025, 03.00 PM IST
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
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 ...
14 Nov, 2025, 03.28 PM IST
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...
14 Nov, 2025, 03.27 PM IST
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...
14 Nov, 2025, 10.47 AM IST
Retired employee denied tax exemption on Rs 13 lakh leave encashment, ITAT Jaipur restores tax benefit under new Rs 25 lakh limitA retired State Bank of India employee from Jaipur won a tax case. The Income Tax Appellate Tribunal ruled in his favor, increasing his lea...
13 Nov, 2025, 11.43 AM IST
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....
30 Sep, 2025, 06.58 AM IST
Delhi HC denies capital gains tax exemption u/s 54F claim by a widow who bought two non-adjacent flats in NoidaSection 54F: This section allows individual and HUF taxpayers to save tax on capital gains arising from the sale of a long-term capital ass...
26 Feb, 2025, 11.45 AM IST
Shilpa Shetty gets ITAT breather in Rajasthan Royals promo caseITAT observed that brand promotions done by Shetty for Rajasthan Royals, the Jaipur franchise of the Indian Premier League (IPL), in 2009-1...
27 Aug, 2018, 01.07 PM IST