Income Tax Appellate Tribunaltax
Fresh Review Ordered for Loan Unverified by Lender
The ITAT has directed a re-examination of a loan transaction attributed to Odisha Finlease due to lack of lender verification.
May 28, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Income Tax Appellate Tribunaltax
Delay in Appeal Condoned for Wrong Forum Pursuit
The ITAT has allowed the condonation of delay in an appeal by an NRI who pursued his case before the incorrect forum in good faith.
May 28, 2026Read more →
Income Tax Appellate Tribunaltax
ITAT Remands Matter for Verification of Improvement Costs
The ITAT ruled that the costs related to improvements cannot be disallowed solely based on a subsequent cancellation of a supplier's VAT registration.
May 27, 2026Read more →
Income Tax Appellate Tribunaltax
ITAT Upholds Deletion of Additions on System-Generated Data Variations
The ITAT upheld the deletion of additions that were made solely on procedural grounds, emphasizing substantive evaluation over mere technicalities.
May 27, 2026Read more →
Income Tax Appellate Tribunaltax
SBI Labeled as 'Assessee in Default' for Non-Deduction of TDS on LFC
The ITAT deemed State Bank of India liable for not deducting tax on LFC payments related to foreign travel and distinguished a past High Court order based on the absence of specific interim relief.
May 27, 2026Read more →
ITATtax
ITAT Delhi Deletes Notional Interest Addition for Lack of Accrual
The ITAT Delhi found that notional interest on advances cannot be taxed unless there is actual income accrual, ensuring fair tax treatment for business transactions.
May 27, 2026Read more →
West Bengal Governmenttax
West Bengal Lowers E-Way Bill Threshold from ₹1 Lakh to ₹50,000
Starting June 1, the new E-Way Bill threshold in West Bengal will be ₹50,000, down from ₹1 lakh. This change impacts small and medium enterprises, necessitating updates to invoicing and transport documentation.
May 27, 2026Read more →
Income Tax Appellate Tribunaltax
ITAT Affirms Genuineness of Software Development Charges
The ITAT upheld the genuineness of software development charges, countering the Department's objections regarding the movement of trust funds out of India based on a digital forensic report.
May 26, 2026Read more →
Income Tax Appellate Tribunaltax
ITAT Weekly Roundup: Notable Income Tax Cases
This week’s roundup from the ITAT covers significant cases, including rulings on software development charges validity and share application additions. It highlights critical legal principles relevant for tax practitioners.
May 26, 2026Read more →
ITATtax
Bona Fide Mistake in Withdrawal of Appeal Does Not Defeat Vivad Se Vishwas Settlement
The ITAT ruled that a genuine mistake made in the withdrawal of an appeal does not undermine a settlement reached under the Direct Tax Vivad Se Vishwas Scheme, 2020, emphasizing the intent to resolve disputes.
May 25, 2026Read more →
ITATtax
One-to-One Correlation Between Purchases and Sales Bars Bogus Purchase Addition
The ITAT ruled that if a one-to-one correlation between purchases and corresponding sales is established, the purchases cannot be classified as bogus. This decision supports genuine business transactions.
May 25, 2026Read more →
ITATtax
ITAT: Bona Fide Mistake in Appeal Withdrawal Does Not Void Settlement
The ITAT has held that a bona fide mistake in filing a withdrawal of an appeal does not nullify a settlement reached under the Direct Tax Vivad Se Vishwas Scheme.
May 25, 2026Read more →