Delhi High Court raps ITAT over Patanjali tax appeals; cites 'undue haste' and 'non-application of mind' in proceedingsThe Delhi High Court criticized the Income Tax Appellate Tribunal for its procedural lapses. The tribunal's actions in a Patanjali Ayurved ...
16 Sep, 2026, 12.30 AM IST
Delhi HC quashes seven ITAT orders in Patanjali case, flags 'shocking' procedural lapses and undue hasteThe Delhi High Court has quashed seven orders passed by the Income Tax Appellate Tribunal (ITAT) in a batch of cross-appeals involving Pata...
15 Sep, 2026, 04.55 PM IST
NRI woman declared Rs 43,796 income in ITR but didn’t report Rs 14 lakh interest; faced 200% penalty – how she got it reduced to 50% in ITATThe NRI woman's advocate explained that she is a 57-year-old lady with limited technological knowledge and had entrusted an accountant with...
15 Sep, 2026, 02.51 PM IST
Portuguese forts, paved pathways, golden beaches: Anand Mahindra feels this coastal town in Gujarat is like a movie scriptDaman is stepping into the spotlight as a captivating heritage tourism spot, shedding its previous reputation. Billionaire industrialist An...
14 Sep, 2026, 04.16 PM IST
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
Rs 6.42 lakh travel expense disallowed as business expenditure over use of wife’s credit card; businessman contests tax order, wins relief in ITAT MumbaiRs 6.42 lakh foreign travel expenditure disallowed from business income as businessman used wife’s credit card to pay for it; ITAT Mumbai g...
12 Sep, 2026, 04.55 PM IST
Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...
12 Sep, 2026, 11.13 AM IST
Karnataka: CM Shivakumar sets November 1 deadline for surrender of unlicensed gunsShivakumar said several forest department personnel had lost their lives after being targeted with unlicensed weapons. He urged those keepi...
11 Sep, 2026, 05.23 PM IST
Rs 1.09 crore remittance sent home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT AhmedabadIndian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no...
11 Sep, 2026, 12.15 PM IST
HC strikes down retrospective tax law amendment; over 2 lakh taxpayers get relief, all eyes on Supreme CourtThe high court's recent ruling has dealt a significant blow to a controversial retrospective tax law, impacting around two lakh taxpayers. ...
11 Sep, 2026, 01.14 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
Rs 34 lakh F&O trading loss: Income Tax dept calls it speculative, ITAT Delhi treats Rs 25 lakh as business lossTaxpayer lost Rs 34 lakh in F&O trading but reports it as business loss; Income Tax dept treats it as speculative loss; ITAT Delhi treats R...
09 Sep, 2026, 12.47 PM IST
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
Supreme Court dismisses Rs 363 crore GST demand against Vodafone Idea on tower business saleThe Supreme Court dismissed the government's GST demand against Vodafone Idea. This demand related to the sale of Vodafone Mobile Services'...
08 Sep, 2026, 12.54 AM 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
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