-
Mumbai ITAT Allows Deduction of Abandoned Project Expenditure as Revenue Expense, Emphasizes Nature over Accounting Treatment
Intermarket India Private Limited Vs DCIT
(2026) TaxCorp(LJ) 38766 (ITAT-MUMBAI)
-
Mumbai ITAT Upholds Genuine Charitable Nature of NSE Investor Protection Fund Trust; Sets Aside Rejection of Section 12AB and 80G(5) Applications
National Stock Exchange Investor Protection Fund Trust Vs CIT
(2026) TaxCorp(LJ) 38765 (ITAT-MUMBAI)
-
Bombay High Court Rules on Compounding Charges: Revenue Directed to Compute 12-Month Period from Actual Service of Complaint to Assessee
Wadhwa Group Holdings Ltd. and Ors Vs The Chief Commissioner of Income Tax
(2026) TaxCorp(LJ) 38764 (HC-BOMBAY)
-
Bangalore ITAT Rules Rental Income Taxable in Partnership Firm’s Hands, Not Landowners, Despite Partners’ Capital Withdrawals
Banaswadi Chinnappa Anitha Vs The DCIT
(2026) TaxCorp(LJ) 38763 (ITAT-BANGALORE)
-
Mumbai ITAT Rules Disallowance under Section 14A Unjustified Without Actual Exempt Income, Rejects Revenue’s Appeal
Ajit Kumar Resolution Professional Of Eskay Knit (India) Vs DCIT
(2026) TaxCorp(LJ) 38762 (ITAT-MUMBAI) · Section 14
-
Bangalore ITAT Clarifies Section 56(2)(viib): FCCDs Not Equivalent to Shares for Taxation Purposes Until Actual Conversion
PH4 Food And Beverages Private Limited Vs DCIT
(2026) TaxCorp(LJ) 38761 (ITAT-BANGALORE) · Section 56(2)(viib)
-
Delhi ITAT Distinguishes Live Telecast and Repeat Broadcast Payments for Sports Events: Only Non-Live Rights Taxable as Royalty under Section 9(1)(vi); 93:7 Revenue Split Upheld
Times Content Limited (Now known as Time Internet Limited) Vs ACIT
(2026) TaxCorp(LJ) 38760 (ITAT-DELHI) · Section 9(1)(vi)
-
Mumbai ITAT Rules in Favour of Trust: Renewal Under Section 12AB Cannot Be Denied Solely for Want of Formal Trust Deed Where Existence and Charitable Nature are Evidenced
St. Ignatius Church Vs CIT
(2026) TaxCorp(LJ) 38759 (ITAT-MUMBAI) · Section 12AB
-
Mumbai ITAT Upholds AO’s Power to Recharacterize Asset Classification: Loss on Flats Treated as Capital Loss, Not Business Loss, Due to Accounting Inconsistencies
Glittering Apartments Private Limited Vs Commissioner of Income Tax
(2026) TaxCorp(LJ) 38758 (ITAT-MUMBAI)
-
Mumbai ITAT Clarifies Full Deduction for R&D Building Construction Under Section 35(1)(iv): Capital Expenditure of Rs. 1.12 Crore Allowed for Scientific Research
Bhansali Engineering Polymers Limited Vs DCIT
(2026) TaxCorp(LJ) 38757 (ITAT-MUMBAI) · Section 35
-
Mumbai ITAT Rules Diamond Grading Fees to Non-Residents Not Taxable as FTS; No TDS Obligation under Section 195
Hari Krishna Exports Private Limited Vs ITO
(2026) TaxCorp(LJ) 38756 (ITAT-MUMBAI) · Section 201(1)
-
Delhi ITAT Orders Grant of Section 12AB Registration to Sports Body; Holds Sponsorship Receipts Do Not Undermine Charitable Purpose
Womens Golf Association Of India Vs CIT
(2026) TaxCorp(LJ) 38755 (ITAT-DELHI) · Section 12AB
-
ITAT Surat Restricts Disallowance for Personal Use of Motor Cars to 5%; Allows Full Deduction of Car Loan Interest Under Section 36(1)(iii)
Shakti Infra Vs The Income Tax Officer
(2026) TaxCorp(LJ) 38754 (ITAT-SURAT) · Section 36(1)(iii)
-
Section 68 Addition Unwarranted Where Partners’ Capital Credit Represents Firm’s Disclosed Net Profit; Double Taxation Not Permissible
Arun Udyoga Mansarover Rameshwarm Parisar Vs ACIT
(2026) TaxCorp(LJ) 38753 (ITAT-MUMBAI) · Section 68
-
Mumbai ITAT Nullifies Section 56(2)(vii)(b) Addition for Co-owner, Upholds DVO Valuation Consistency in Joint Property Purchase
Archana Santosh Pandey Vs ITO
(2026) TaxCorp(LJ) 38752 (ITAT-MUMBAI) · Section 56(2)(vii)(b)
-
Bangalore ITAT Allows Interest Deduction on Borrowed Funds for IBC Auctioned Assets Held as Stock-in-Trade, Not Capital Assets
Bachangada Nachappa Monnappa Vs DCIT
(2026) TaxCorp(LJ) 38751 (ITAT-BANGALORE) · Section 36(1)(iii)
-
Mumbai ITAT Affirms Reopening under Section 148 Based on Entry Operator Report; Upholds Addition under Section 68 for Unexplained Unsecured Loan
Manav Developers Vs Income Tax Officer
(2026) TaxCorp(LJ) 38750 (ITAT-MUMBAI)
-
Ahmedabad ITAT Quashes Addition Under Section 56(2)(x): No Tax on Difference in Stamp Duty Value Where Land Conversion Costs Borne by Purchaser
Dhartivarsha Estate Holders Pvt. Ltd Vs The Income Tax Officer
(2026) TaxCorp(LJ) 38749 (ITAT-AHMEDABAD) · Section 56(2)(x)
-
Bangalore ITAT Upholds Addition of Unexplained Foreign Currency under Section 69A Amidst Contradictory Explanations and Lack of Evidence
K R Pradeep Vs Deputy Commissioner Of Income Tax
(2026) TaxCorp(LJ) 38748 (ITAT-BANGALORE) · Section 69A
-
Delhi ITAT Confirms Deductibility of Ancillary Loan Charges as ‘Interest’ Under Section 24(b) for Let-Out Property Acquisition
Mukul Rohatgi Vs ACIT
(2026) TaxCorp(LJ) 38747 (ITAT-DELHI) · Section 24(b)
Headnote lines are open to everyone. The full headnote and the judgment text open with a subscription — see plans or sign in.