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ITAT SURAT
Deposited Rs 80 lakh cash during demonetisation: ITAT rejects property purchase claim, calls it unexplained incomeA Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...- Sold two farm lands for Rs 8.75 crore capital gains but paid no tax or filed ITR; ITAT Ahmedabad rules in favour of taxpayerA man from Bharuch, Gujarat had sold two agricultural lands for Rs 8.75 crore capital gains to a company who subsequently used the lands fo...
- 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...
- Tax exemption was denied due to clerical error in ITR filing; ITAT Bangalore gives relief, says tax dept can’t take advantage of this errorThe Income Tax Appellate Tribunal in Bangalore has thoughtfully ruled that clerical oversights in income tax filings won't forfeit tax exem...
- Taxpayers denied new tax regime benefits for not filing Form 10IC; get relief from ITAT Mumbai for this reasonTaxpayers can now claim new tax regime benefits even if Form 10IC is filed late. The ITAT Mumbai ruled that technical errors or oversight s...
- 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...
- Man sells Delhi property, shifts to Australia; tax dept adds Rs 40 lakh as unexplained cash credit, but he wins in ITAT DelhiThe Income Tax Appellate Tribunal in Delhi has made waves with its recent ruling. Taxpayers can now benefit from capital gains tax exemptio...
- Pan masala and Bidi trader with Rs 5 crore turnover gets tax notice for unexplained cash credit, wins relief at ITAT Surat; here's whyA wholesale trader of Pan Masala and Bidi secured a significant victory at the ITAT Surat. The tribunal deleted an addition of Rs 12.29 lak...
- Tax dept’s Rs 22-crore notice based on WhatsApp chat struck down by ITAT Delhi for lack of credible proofDelhi's Income Tax Appellate Tribunal (ITAT) has quashed a Rs 22 crore tax notice issued to a taxpayer based solely on WhatsApp chats found...
- Demand for extension of due date of tax audit report and ITR filing is getting wider with many tax bodies writing to finance minister and PMOThe Karnataka State Chartered Accountants Association (KSCAA) has appealed to the PMO, highlighting critical issues with the Income Tax e-f...
- Claimed Section 87A tax rebate on STCG? Expect a tax demand notice from I-T dept; Here’s what you can doTaxpayers who claimed Section 87A rebate on special incomes like STCG before July 5, 2024, may receive tax demand notices due to rectificat...
- Tax Dept gives relief to income taxpayers regarding Section 87A tax rebate claimThe CBDT's circular 13/2025 addresses issues arising from taxpayers incorrectly claiming Section 87A tax rebates on special rate incomes li...
- ITR Filing Deadline Extension: Now Karnataka commerce body, Surat CA unit seek ITR due date extensionSeveral bodies are requesting an extension to the Income Tax Return (ITR) filing deadline. The Federation of Karnataka Chambers of Commerce...
- Section 87A tax rebate can be claimed for short term capital gains income under new tax regime, rules ITAT AhmedabadIn a significant win for taxpayers, the ITAT Ahmedabad has ruled that Section 87A tax rebate is applicable on short-term capital gains (STC...
- IRS, ITAT top officers jump ship for private sector jobsMany officers are likely to take up pvt jobs.
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