Landlord deposited Rs 14.96 lakh cash during demonetisation, got tax notice: ITAT Bangalore grants reliefLandlord took rent in cash, deposited Rs 14.96 lakh cash during demonitisation period; got Income tax notice, he wins case in ITAT Bangalor...
08 Sep, 2026, 05.00 PM IST
Income Tax Dept seized gold, diamonds and silver in a tax search operation from lady’s house and bank locker; she wins case in ITAT MumbaiHow wife’s 35 yrs old marriage and inheritance helped her win case in ITAT Mumbai after Income Tax Dept seized her gold, diamond, silver it...
07 Sep, 2026, 06.05 PM IST
ITR was processed under the old tax regime due to tax consultant's mistake, taxpayer faced Rs 1.23 lakh demand: ITAT Bangalore allowed new tax regimeRs 1.23 lakh tax demand notice sent as man filed ITR with new tax regime but it was processed with old tax regime due to tax consultant’s e...
07 Sep, 2026, 11.08 AM IST
Bengali Hindu landlord’s Rs 1.89-crore rental income faced tax dispute over HUF status: Why ITAT Delhi gave reliefBengali Hindulandlord earns Rs 1.89 crore rental income in Delhi, reports it in his HUF’sITR; Income Tax dept rejects it on the ground that...
04 Sep, 2026, 05.48 PM IST
Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite jointly owned property - ITAT Mumbai calls it 'not justified'A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of ...
04 Sep, 2026, 02.21 PM IST
Gamer invested Rs 2.61 crore to play online rummy and poker games; loses net Rs 28 lakh, files ITR reporting Rs 4 lakh income; gets tax notice; he wins case in ITAT BangaloreGamer invested Rs 2.61 crore to play online Rummy, poker games; loses net Rs 28 lakh, stops playing, files ITR reporting Rs 4 lakh income; ...
04 Sep, 2026, 11.47 AM IST
Rs 25 lakh cash deposited in bank, income tax officer sends notice for unexplained cash u/s 69; Taxpayer wins case in ITAT Bangalore, here's whyEmployee deposits Rs 25 lakh cash in bank; tax officer sends notice for unexplained cash u/s 69; Employee wins case in ITAT Bangalore; Know...
04 Sep, 2026, 11.25 AM IST
Employee showed Rs 9.6 lakh EPF interest in ITR by mistake, got income tax notice: He fought and got full relief in ITAT MumbaiIncome Tax Dept sent tax notice for Rs 9.6 lakh EPF interest which employee never received but erroneously shown in ITR as received; he fig...
04 Sep, 2026, 08.27 AM IST
Parliamentary panel flags compliance glitches on new income tax act, seeks more data from CBDTA parliamentary committee has identified compliance issues with the new Income Tax Act. They are seeking detailed data from the CBDT on its...
03 Sep, 2026, 04.17 PM IST
NCLAT seeks status report on delayed Supertech housing projects by NBCCThe NCLAT has ordered the Supertech committee to file a status report within two weeks. This report will detail construction commencement a...
02 Sep, 2026, 06.37 PM IST
Rs 41 lakh cash deposit but no ITR: Bengaluru man claimed his wife and father paid his expenses; ITAT Bangalore refuses relief on this groundWaseem Ahmed, accountant member and Keshav Dubey, judicial member of ITAT Bangalore, in a recent judgement refused to condone a delay of ab...
02 Sep, 2026, 10.30 AM IST
Wife gets income tax notice after husband sells joint property Rs 14 lakh below market price; she fights back and wins the case in ITAT KolkataWife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh ...
01 Sep, 2026, 12.03 PM IST
Rs 16 lakh cash seized in income tax raid, tax officer calls it unexplained cash; Taxpayer claims it to be family money, he fights and wins the case in ITAT MumbaiDuring an income tax search operation (raid) Rs 16 lakh cash was seized; Man says its family cash; tax officer does not believe him and cal...
31 Aug, 2026, 03.12 PM IST
ITAT rejects tax department’s FTS, royalty claims on Spencer Stuart’s executive search feesThe income-tax tribunal ruled in favor of Spencer Stuart International BV. Executive search fees were not treated as technical services und...
28 Aug, 2026, 04.52 PM IST
Tribunal deletes Reliance Jio Infocomm's Rs 11,000 cr tax disallowanceThe Income Tax Appellate Tribunal deleted a significant tax disallowance imposed on Reliance Jio Infocomm. This ruling involved over eleven...
26 Aug, 2026, 01.06 PM IST
Employees exercising their ESOPs should know how a recent ITAT ruling will determine whether the benefit is taxed as perquisite or capital gainsA recent ITAT decision clarified ESOP repurchase taxation. The tax tribunal ruled that repurchased options are capital assets, not perquisi...
25 Aug, 2026, 04.09 PM IST
Delhi HC raps I-T dept over Rs 53 crore Vodafone Idea refund delayThe Delhi High Court has ordered the income tax department to refund Vodafone Idea ₹53.09 crore. This refund is for assessment years 2003-0...
25 Aug, 2026, 12.09 AM IST