Rs 80 lakh tax demand quashed: ITAT Mumbai says stamp duty value not applicable to life interest in family trustITAT Mumbai ruled that stamp duty rules under Section 50C do not apply to the transfer of a life interest in family trust property. The tri...
22 Jan, 2026, 09.48 PM IST
Big win for NRI taxpayer: ITAT Chennai rules US-based individual qualifies as non-resident, no tax in India on overseas earningsAn NRI successfully challenged the Indian tax department's decision to tax his global income. The Income Tax Appellate Tribunal (ITAT) Chen...
06 Jan, 2026, 11.50 AM IST
Tax Dept accuses lady of taking Rs 3 crore cash in property deal; ITAT Mumbai disregards WhatsApp chat evidence, says no proof, no taxSmt. Shah successfully challenged the Income Tax Department's claim of receiving Rs 3 crore in cash during a property sale. The ITAT Mumbai...
05 Jan, 2026, 11.19 AM IST
Builder delayed agreement by 5 years, tax dept denied 54F relief; why ITAT Mumbai sided with woman who sold land for Rs 70 lakhA Mumbai woman successfully claimed capital gains tax exemption under Section 54F after selling land for Rs 70 lakh and investing in a new ...
01 Jan, 2026, 08.00 AM 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
Taxpayer earned Rs 81 crore tax-exempt income; I-T dept disallowed tax exemption on Rs 17 crore; Taxpayer fights and wins case in ITAT DelhiA notable victory has been achieved in the tax arena as a taxpayer triumphed at ITAT Delhi, overcoming a significant hurdle with the Income...
18 Dec, 2025, 11.38 AM IST
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...
02 Dec, 2025, 12.22 PM IST
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...
02 Dec, 2025, 12.21 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
The curious case of inverted duty structure: An anomaly in tax rate is squeezing Indian manufacturersThe GST was supposed to streamline business operations, but a by-product of the indirect tax regime is hurting the competitiveness of expor...
18 Aug, 2021, 02.29 PM IST
Indians bet on science for recovery after pandemic, shows 3M surveyThe Covid-19 pandemic has renewed interest in science, technology, engineering and maths (STEM) among Indians, who have also become more en...
22 Jun, 2021, 04.46 PM IST
- Microsoft offers to start MS-ITA in Odisha
The company has proposed to cover around 8000 government institutions throughout the sate. It can be run in Primary, Secondary and Higher S...
07 Jul, 2012, 11.03 PM IST
- Industry
The year 2004-05 started on a positive note in April 2004 with annual growth of 8.9 per cent in the Index of Industrial Production.
25 Feb, 2005, 11.24 PM IST