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Mumbai ITAT Rules: Section 11(2) Accumulated Income Applied for Charity Not Taxable under Section 115BBI—Reporting Errors in ITR Cannot Create New Tax Liabilities
Council For Fair Business Practices Vs Income Tax Officer
(2026) TaxCorp(LJ) 38711 (ITAT-MUMBAI) · Section 11(2)
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Gujarat High Court Upholds ITAT’s Grant of Section 80IE Deduction to Sun Pharma Sikkim: Finds No Reconstruction or Splitting Up of Existing Business
Sun Pharma Sikkim Vs The PCIT
(2026) TaxCorp(LJ) 38710 (HC-GUJARAT) · Section 80IE
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Kolkata ITAT Rules Cash Deposits by Authorised Money Changer as Business Receipts, Not Unexplained Income under Section 69A Despite KYC Discrepancies
LKPS Forex Private Limited Vs ACIT
(2026) TaxCorp(LJ) 38709 (ITAT-KOLKATA) · Section 69A
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Chandigarh ITAT Confirms Taxability of Interest on Enhanced Compensation as ‘Other Sources’ Income; Directs 50% Statutory Deduction under Section 57(iv)
Sudershan Kumar Garg Vs The ITO
(2026) TaxCorp(LJ) 38708 (ITAT-CHANDIGARH) · Section 56(2)(viii)
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Mumbai ITAT Quashes Section 68 Addition—Documented Loan Transactions Found Genuine Despite Third-Party Allegations
DICET Creative Ventures (India) Private Limited Vs The Deputy Commissioner of Income Tax
(2026) TaxCorp(LJ) 38707 (ITAT-MUMBAI) · Section 68
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Delhi ITAT Rules Pre-Schooling as ‘Education’ under Section 2(15), Sets Aside Rejection of Charitable Registration Despite Absence of Affiliation
Hans Foundation Vs Commissioner of Income Tax
(2026) TaxCorp(LJ) 38706 (ITAT-DELHI) · Section 2(15)
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Delhi High Court Directs Grant of TDS Credit and Refund to Assessee for Bona Fide Delay in Return Filing Due to Pending Advance Ruling, Despite Procedural Lapse
Late Sh. Dipankar Mohan Ghosh Vs The CIT
(2026) TaxCorp(LJ) 38705 (HC-DELHI)
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Delhi ITAT Rules Expatriate Employees Do Not Create Fixed Place PE for LG Korea in India Under India-Korea DTAA
LG Electronics Inc. Korea Vs DCIT
(2026) TaxCorp(LJ) 38704 (ITAT-DELHI)
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Tribunal Upholds Benami Property Attachment as Source of Funds Remains Unsubstantiated and Lender Untraceable under Section 2(9)(D) PBPT Act
Bannoth Laxman Vs The Initiating Officer
(2026) TaxCorp(LJ) 38703 (HC-DELHI)
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Kolkata ITAT Clarifies Section 54EC Exemption: Assessee Allowed Rs. 1 Crore Investment in Bonds Across Two Financial Years Within Six Months of Property Sale
Shiv Kumar Agarwal Vs ITO
(2026) TaxCorp(LJ) 38702 (ITAT-KOLKATA) · Section 54EC
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Bangalore ITAT Allows Deduction for Provision Towards Non-Encashable Accumulated Sick Leave Based on Actuarial Valuation for HP Computing and Printing Systems India Pvt. Ltd.
HP Computing And Printing Systems India Private Limited Vs DCIT
(2026) TaxCorp(LJ) 38701 (ITAT-BANGALORE)
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Mumbai ITAT Exonerates Sports Company from Rs 2.95 Cr. Section 68 Cash Credit Addition and Allows Rs 7.91 Lakh TDS Interest as Deductible, Emphasizes Commercial Substance and Nature of Liability
Smash Factor Sports Private Limited Vs ACIT
(2026) TaxCorp(LJ) 38700 (ITAT-MUMBAI) · Section 68
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Delhi ITAT Upholds Legitimacy of Intra-Family Share Sale, Allows ₹1.57 Cr. Capital Loss; Rejects AO’s Colourable Device Allegation in Absence of Conclusive Evidence
Renu Gupta Vs DCIT
(2026) TaxCorp(LJ) 38699 (ITAT-DELHI)
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Bangalore ITAT Affirms Withdrawal of Appeal Following Vivad se Vishwas Scheme Opt-in; Long-Term Capital Gain Exemption on Penny Stock Denied Citing SEBI Investigation
Pradeep Kothari Vs The Income Tax Officer
(2026) TaxCorp(LJ) 38698 (ITAT-BANGALORE)
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Chandigarh ITAT Upholds Taxability of Interest on Enhanced Compensation under “Income from Other Sources”; Directs Mandatory 50% Deduction as per Section 57(iv) in Accordance with Jurisdictional High Court Ruling
Sudershan Kumar Garg Vs The ITO
(2026) TaxCorp(LJ) 38697 (ITAT-DELHI)
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Delhi ITAT Invalidates Reassessment under Section 147: PCIT’s Mechanical Section 151 Sanction Lacks Reasoned Application
Researchco Reprints Vs DCIT
(2026) TaxCorp(LJ) 38696 (ITAT-DELHI) · Section 151
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Kolkata ITAT Affirms CIT(A) Order: Deemed Dividend and Unexplained Credit Additions Quashed Based on Genuine Commercial Transactions and Substantiated Loan Repayments
Anup Kumar Lakhotia Vs Deputy Commissioner of Income Tax
(2026) TaxCorp(LJ) 38695 (ITAT-KOLKATA) · Section 2(22)(e)
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Release Fee Paid to ECB by IPL Franchises for English Players Not Taxable in India; Live Broadcast Fee Not Royalty
England And Wales Cricket Board Limited Vs ACIT
(2026) TaxCorp(LJ) 38694 (ITAT-DELHI)
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Gujarat High Court Directs Interest on Delayed DTVsV Refunds Based on CBDT Central Action Plan, Not Section 153 Limitation
Oil And Natural Gas Corporation Ltd. ( ONGC ) Vs ITO
(2026) TaxCorp(LJ) 38693 (HC-GUJARAT) · Section 153
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Delhi ITAT Quashes AY 2021-22 Assessment for Breach of Statutory Time Limit; Revenue’s Extension Plea Under Section 153 Fails for Want of Evidence
Mohit Kumar Gupta Vs DCIT
(2026) TaxCorp(LJ) 38692 (ITAT-DELHI) · Section 153
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