Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The ITAT ruled that profits from offshore supply are not taxable in India when title, payment, and supply operations occur outside India under Sections 5(2) and 9(1)(i) of the Income Tax Act.
The ITAT held that cost-to-cost salary reimbursement for seconded employees without markup does not constitute fees for technical services (FTS) and is not taxable in India.
ITAT holds that cash deposits during demonetisation cannot be added as unexplained income under section 68 if supported by sales records and already taxed.
ITAT holds that Toyota Tsusho did not create a permanent establishment in India as supervisory activities did not exceed 183 days, per Article 5(4) of the India-Japan DTAA.
ITAT rules that profits from offshore supply contracts are not taxable in India when title, payment, and supply operations occur entirely outside India under section 5(2) and 9(1)(i) of the Income Tax Act.
The ITAT held that cost-to-cost salary reimbursement for seconded expatriate employees, without markup, does not constitute Fees for Technical Services (FTS) and is not taxable in India.
ITAT Delhi grants 80G approval to temple, ruling religious activities do not negate charitable purpose.
ITAT Mumbai deletes ₹5 lakh addition, finding WhatsApp message and third-party statement insufficient to prove unexplained cash receipts.
ITAT Mumbai deletes Section 69 addition, holding wife’s property investment not automatically attributable to husband.
ITAT Mumbai held that once a Section 263 revision order is quashed, the consequential assessment cannot survive.
ITAT Rajkot restored ₹4.30 crore addition under Section 69A as CIT(A) failed to decide the merits, remanding for fresh consideration.
ITAT Delhi quashed PCIT’s revision under Section 263, holding that enhancement from 25% to 100% disallowance was impermissible where two views were possible.