ITAT Chennai rules that RRB Energy Ltd. cannot be used as a comparable due to negative margins and functional differences in a transfer pricing case.
ITAT Pune rules that the tax department cannot deny exemption under Section 11 for non-filing of the original 12A certificate when it is the custodian of such records.
ITAT Ahmedabad restores Section 10AA deduction despite late Form 56F filing, citing procedural compliance. Read about the case and key judicial precedents.
ITAT Mumbai grants ₹4.07 crore tax exemption under Section 10(23C)(vi) despite procedural delay in Form 10BB validation, overturning CIT(A)’s ruling.
ITAT Kolkata rules in favor of Kishore Trading Co., declaring the reassessment under Section 147 invalid due to lack of independent verification.
ITAT Bangalore remands case on interest income deduction u/s 80P(2)(a)(i) to AO, citing legal precedents. Tribunal finds errors in assessment and CIT(A) order.
ITAT Pune directs fresh adjudication after CIT(A) dismisses appeal without a reasoned order under Section 250(6) of the Income Tax Act.
ITAT Jaipur quashes 271D penalty against Balbir Singh, ruling funds received were advances, not loans, after verifying property ownership.
ITAT Lucknow quashed assessments in Shri Navin Jain vs. DCIT, citing mechanical approval under Section 153D. Read key details and legal findings.
ITAT Pune rules on Foreign Tax Credit (FTC) in JCIT (OSD) Vs Raj Surendra Mohan Hajela, addressing the delay in Form 67 submission and its impact on tax claims.
