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ITAT Directs CIT(A) to Specify Clause of Section 270A(9) for Penalty Imposition

February 9, 2025 1806 Views 0 comment Print

ITAT Kolkata remands Terai Fruits Co. penalty case, citing substantive compliance with Section 270AA despite missing Form 68. Court emphasizes need to determine misreporting under Section 270A(9).

ITAT Mumbai Dismisses Revenue Appeal Due to Low Tax Effect

February 9, 2025 741 Views 0 comment Print

ITAT Mumbai dismisses a revenue appeal in ITO vs. Gajadharprasad Nathai Pal as the tax effect falls below the CBDT threshold of ₹60 lakh.

IT support payments not taxable as FTS due to failure of ‘make available’ test under India-UK DTAA: ITAT Delhi

February 9, 2025 783 Views 0 comment Print

ITAT Delhi rules IT support payments to CPP UK not taxable as fees for technical services due to failure of ‘make available’ test under India-UK DTAA.

Section 12A(1)(b) Amendment: Returns Filed Under Sections 139(1) or 139(4) Deemed Compliant

February 9, 2025 1245 Views 0 comment Print

ITAT Nagpur ruled in favor of Panchmurti Education Society, allowing exemption under Sections 11 & 12 of the IT Act despite delayed return filing.

ITAT Mumbai quashes reassessment for invalid Section 151(ii) approval

February 8, 2025 4440 Views 0 comment Print

ITAT Mumbai invalidates reassessment in Ramlal G Suthar vs. ITO due to improper approval under Section 151(ii) of the Income-tax Act, 1961. Read the full summary.

Carried forward losses cannot be set-off against exempt capital gains under DTAA

February 8, 2025 1485 Views 0 comment Print

ITAT Mumbai ruled on TVF Fund Ltd’s appeal regarding tax loss set-off under DTAA. Key issues include carry-forward losses, taxability, and judicial precedents.

Interconnect Charges Not Taxable as Royalty: ITAT Bangalore

February 8, 2025 639 Views 0 comment Print

ITAT Bangalore upheld CIT(A)’s decision, ruling that interconnect charges paid to A1 Telekom Austria are not taxable as royalty under the Income Tax Act or DTAA.

Foreign Tax Credit cannot be disallowed for delay in filing Form 67: ITAT Pune

February 8, 2025 3051 Views 0 comment Print

Kedar Jagdish Mankar Vs ACIT (ITAT Pune) Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate Tribunal, Pune where the client’s Foreign Tax Credit (FTC) and Tax Deducted at Source (TDS) claims were initially disallowed. The client was working in one of the reputed multi-national company […]

ITAT Panaji Sets Aside NFAC Order Over for Video Hearing without justification

February 8, 2025 654 Views 0 comment Print

ITAT Panaji ruled in favor of Ganga Suresh Rathod, setting aside NFAC’s order after her video hearing request was denied, citing a breach of natural justice.

ITAT Bangalore condones 367-day delay which was due to Technical Glitch

February 8, 2025 1056 Views 0 comment Print

ITAT Bangalore sets aside CIT(A) order, allowing an apartment owners association a second chance due to a technical issue that delayed their appeal filing.

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