-
Gujarat High Court Quashes Reassessment Initiation under Section 148A(d) Solely Based on DVO Report, Citing Lack of Independent Revenue Inquiry
Raama Enterprises Vs ACIT
(2025) TaxCorp(LJ) 36598 (HC-GUJARAT)
-
ITAT Mumbai Upholds Reassessment and 100% Disallowance on Purchases and Sundry Creditors for Failure to Substantiate Claims
CICC Automation Technologies Pvt. Ltd Vs ITO
(2025) TaxCorp(LJ) 36597 (ITAT-MUMBAI)
-
Mumbai ITAT Affirms Penalty for Concealment Where House Property Income Not Disclosed in Both Original and Reassessment Returns
Subhash Silk Mills Limited Vs Joint Commissioner of Income tax
(2025) TaxCorp(LJ) 36596 (ITAT-MUMBAI) · Section 271(1)(c)
-
Bangalore ITAT Allows Condonation of 4900-Day Delay in Appeal Filing Owing to Pursuit of Section 154 Remedy, Directs Deletion of Addition Based on Jurisdictional High Court Precedent
Karnataka Bank Ltd Vs The Dy. Commissioner of Income Tax
(2025) TaxCorp(LJ) 36595 (ITAT-BANGALORE)
-
Delhi ITAT Disallows Rs. 27.92 Crore Short-Term Capital Loss: Sale of Sirsa Project FSI Rights and Mansarover Heritage Inn Shares Found Not Genuinely Established
Victory Realtech Pvt. Ltd Vs Dy. Commissioner of Income Tax
(2025) TaxCorp(LJ) 36593 (ITAT-DELHI)
-
Delhi High Court Nullifies Income Tax Prosecution Based on Unverified Foreign Bank Account Allegations, Citing Complete Lack of Evidentiary Support
Anurag Dalmia Vs INCOME TAX OFFICE
(2025) TaxCorp(LJ) 36589 (HC-DELHI)
-
Gujarat High Court Invalidates Section 148 Notices Issued Beyond ‘Surviving Time’ as per Supreme Court Directives in Rajeev Bansal and Ashish Agarwal
Dhanraj Govindram Kella Vs INCOME TAX OFFICER
(2025) TaxCorp(LJ) 36588 (HC-GUJARAT) · Section 148
-
Bangalore ITAT Rules Compensation Paid for Cancellation of Sale Agreement as Allowable Deduction Under Section 48—Compensation Held to Be Incurred 'Wholly and Exclusively' in Connection with Property Transfer
Shankare Gowda Vs ITO
(2025) TaxCorp(LJ) 36587 (ITAT-BANGALORE)
-
Mumbai ITAT Rules in Favour of Procter & Gamble Hygiene: Disallowance of ESOP/ISOP Expenses under Section 37(1) Held Unsustainable, No Capital Advantage Accruing to Assessee
Procter & Gamble Hygiene and Health Care Limited Vs DCIT
(2025) TaxCorp(LJ) 36586 (ITAT-MUMBAI) · Section 37(1)
-
Assessment Order in Name of Deceased Quashed: Ahmedabad ITAT Holds Defect Not Curable Under Section 292B Where AO Was Aware of Death
Yogesh Hargovindbhai Joshi Vs The ITO
(2025) TaxCorp(LJ) 36584 (ITAT-AHMEDABAD)
-
Calcutta High Court Directs PCIT to Reconsider Section 264 Application for Rectification of Bona Fide Mistake in Income Tax Return Filed by Crown Electromechanical
Crown Electromechanical Pvt Ltd Vs PCIT
(2025) TaxCorp(LJ) 36580 (HC-CALCUTTA)
-
Delhi High Court Upholds Validity of Criminal Proceedings Against Assessee for Tax Offences: Dismisses Petition Challenging Sanction and Filing Authority
Raj Kumar Kedia Vs Income Tax Office
(2025) TaxCorp(LJ) 36579 (HC-DELHI)
-
Bombay High Court Stays TDS Demand on TDR Issuance by Pune Municipal Corporation: Section 194C and 194LA Not Attracted to Non-Monetary Compensation
Pune Municipal Corporation Vs ACIT
(2025) TaxCorp(LJ) 36576 (HC-BOMBAY) · Sections 194C, 194LA
-
Madhya Pradesh High Court Upholds Use of Unsigned Loose Papers Found during Survey as Books of Accounts Based on Bank Statement Corroboration
Lunkad Media And Entertainment Ltd. And Others Vs Union of India
(2025) TaxCorp(LJ) 36575 (HC-MP)
-
Delhi ITAT Affirms Operating Lease Status for Aircraft Rentals to Indigo; Disallows Revenue’s Attempt to Recharacterize as Finance Lease under India-Ireland DTAA
Celestial Aviation Trading 15 Ltd Vs ACIT
(2025) TaxCorp(LJ) 36574 (ITAT-DELHI)
-
Delhi ITAT Rules Against Double Taxation on Voluntary Surrender of Income Following Section 133A Survey Discrepancies in Textile Business
Arihant Textiles Vs ACIT
(2025) TaxCorp(LJ) 36573 (ITAT-DELHI)
-
Mumbai ITAT Quashes Section 68 Addition on Mere Suspicion: Validity of Capital Introduction Upheld Where Identity and Genuineness Proven
Omega Infrastructures Vs Dy. Commissioner of Income Tax
(2025) TaxCorp(LJ) 36572 (ITAT-MUMBAI)
-
Madras High Court Affirms Validity of Assessment Order Despite Incorrect Citation of Section 147, Holds Error Curable under Section 292B Where Assessment Is Substantively Under Section 143(3)
Super Spinning Mills Ltd Vs The Additional Commissioner of Income Tax
(2025) TaxCorp(LJ) 36571 (HC-MADRAS)
-
Ahmedabad ITAT Upholds Depreciation on Goodwill Arising from Amalgamation, Citing Compliance with AS-26 and Rejection of Explanation 7 to Section 43(1) in Absence of Asset Transfer
Bodal Chemicals Ltd Vs The Dy. CIT
(2025) TaxCorp(LJ) 36570 (ITAT-AHMEDABAD) · Section 43(1)
-
Chennai ITAT Affirms Legality of Post-Transaction Share Valuation Report; Rejects Revenue’s Substitution of FMV and Negative Value Adjustment for Unquoted Shares
Aathmika – Holdings Pvt. Ltd Vs The DCIT
(2025) TaxCorp(LJ) 36569 (ITAT-CHENNAI)
Headnote lines are open to everyone. The full headnote and the judgment text open with a subscription — see plans or sign in.