Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
29 May, 2026, 04.51 PM IST
Lady took loan for investment into venture capital fund, claimed Rs 1.49 crore interest deduction, was denied by I-T dept; ITAT allows it in a landmark rulingA lady won a tax case in ITAT Mumbai. She claimed Rs 1.49 crore interest deduction on a loan taken for Venture Capital Fund investments. Th...
09 May, 2026, 07.11 AM IST
Sunetra Pawar gets relief as ITAT scraps Rs 32.14 crore tax addition against Ajit Pawar, calls evidence linking ‘DD’ to leader insufficientThe Income Tax Appellate Tribunal has cancelled tax proceedings against Sunetra Ajit Pawar. A Rs 32.14 crore addition treated as unexplaine...
28 Apr, 2026, 06.32 PM IST
NRI status and tax: Job search abroad part of non-resident stay, rules Mumbai ITATThe Income-tax Appellate Tribunal in Mumbai ruled that days spent abroad for job searching count towards non-resident status if time in Ind...
15 Mar, 2025, 09.17 AM IST
Tata Communications moves ITAT against Rs 228.49 crore TDS order by I-T DeptThe Commissioner of Income-tax (Appeals), Mumbai, passed orders received by the company on September 07, 2023 deciding the appeals against ...
09 Sep, 2023, 05.11 PM IST
Discounts by Flipkart are not taxable: Income-Tax Appellate TribunalThe tax department had demanded Rs 110 crore from Flipkart as tax assessed for 2015-16 after reclassifying the discounts and spending on ma...
26 Apr, 2018, 06.53 AM IST
I-T tribunal's Mumbai bench uncovers $309,000 in tax haven, slaps fresh taxes on assesseesThe tax tribunal's order encompasses various financial years, including 2001-02, in which the opening balance in Marnichi Trust was added t...
19 Nov, 2017, 11.20 AM IST
- TDS shortfall due to an error is no reason to disallow it: HC
The division bench that made the ruling comprised Justice Girish Chandra Gupta and Justice Mrinal Kanti Sinha.
03 Jan, 2013, 12.13 PM IST
Tax rebate allowed on capital gains after property saleITAT of Chennai had held that interest on home loans will continue to remain out of the tax net even if the house is sold later.
22 Nov, 2012, 06.53 AM IST
- Authority for Advance Rulings orders can be challenged before HC: Supreme Court
Until Monday's ruling, an order passed by the AAR was considered final, with the option to appeal being restricted to Supreme Court, that a...
31 Jul, 2012, 03.38 AM IST
- No tax on wrongly paid amount, says Income-tax Appellate Tribunal
Tax cannot be levied on an amount wrongly paid to a person because of a mistake made by the payer, according to a recent order by a divisio...
05 Aug, 2011, 03.40 AM IST
- Now you can claim income-tax deductions for fines paid to RTO
In a recent order, Income-tax Appellate Tribunal has held that fines paid to RTO is an allowable expenditure under the Income-tax Act.
11 Apr, 2011, 02.51 AM IST
- Non-compete fees taxable, rules ITAT
Non-compete fees are capital expenditure and therefore liable to tax, according to a recent ruling by the Income-tax Appellate Tribunal, De...
17 Aug, 2010, 04.33 AM IST
- MNCs take cross-border tax issues to new panel
A host of companies from Mumbai, said to be 367 in number and mostly multinational in nature, have moved the recently set up dispute resolu...
10 May, 2010, 01.59 AM IST
- Pay tax on central excise refund: ITAT
In a decision that could impact companies with operations in the north-east, Jammu & Kashmir and Himachal Pradesh, a tax tribunal in Amrits...
03 Dec, 2009, 04.14 AM IST
- Ash gets tax relief on US, UK earnings
Actress Aishwarya Rai has got tax relief for earnings from the UK and the US. The Income-Tax Appellate Tribunal (ITAT), Mumbai has allowed ...
07 Jan, 2009, 10.17 AM IST
- No addition to income sources if assessment is over, rules ITAT
The Appellate Commissioner of Income-Tax can no longer levy additional tax if it discovers a source of income that was not taken into accou...
16 Jun, 2008, 02.57 AM IST