The Income Tax Appellate Tribunal (ITAT) Hyderabad has set aside a tax authority rejection of a charitable trust application for permanent registration citing a violation of natural justice principles.
The ITAT Mumbai ruled in favor of Vikram Khandelwal, deleting additions on interest expenses and capital gains after finding that share transactions were genuine and backed by stock exchange records.
The ITAT Ahmedabad ruled that a tax assessment notice issued to a company struck off the register years prior is null and void, invalidating the entire assessment.
Finding that the broker had collected Aadhaar, PAN, GST, bank and IT documents, Tribunal ruled that no penalty under Sections 114 & 114AA could be sustained.
The ITAT in Amritsar deleted a penalty on RPK Bricks after the department confirmed no pending supplies against a pre-registration advance payment.
SC observed that Bar Council of Uttar Pradesh’s demand for fees towards Certificate of Practice and identity cards prima facie conflicts with its earlier ruling in Gaurav Kumar v. Union of India barring charges beyond Section 24(1)(f).
The ITAT Delhi quashes a tax assessment against Dazzle Developers P. Ltd., ruling that an assessment on a dissolved company is legally invalid.
ITAT Chennai held that invocation of revisionary power under section 263 of the Income Tax Act by PCIT justified since AO erroneously accepted the returned income without complete enquiry. Accordingly, appeal of assessee dismissed and revisionary proceedings upheld.
Mumbai Magistrate Court grants bail to Akhtar Yunus Khan, a businessman accused in a ₹9.19 crore GST fraud case, citing his cooperation and the completion of custodial interrogation.
High Court granted bail to two accused arrested with 23 liters of hand-made Mahua liquor under Sections 34(2) & 59(a) of the C.G. Excise Act, noting no criminal antecedents and prolonged custody since June 2025.
