The Income Tax Appellate Tribunal (ITAT), Mumbai, ruled in favor of the assessee, Manish Manohardas Asrani, quashing a penalty of ₹44,90,048 levied under Section 270A (8) of the Income Tax Act, 1961.

A Mumbai bench of the Income Tax Appellate Tribunal (ITAT), has recently held that property illegally encroached by an assessee, cannot be considered as a ‘capital asset‘ under section 2 ...

The Income Tax Appellate Tribunal had dismissed the company’s plea to stay a ₹1,213 crore tax demand for the assessment year ...

The HC ruled that the tax demand was outstanding in case of Samsung and hence, the ITAT should have decided the stay petition ...

While entertaining an Income Tax Appeal, the Allahabad High Court has held that an appeal under Section 260A of the Income ...

The high court has directed the Income Tax Appellate Tribunal to evaluate Samsung's stay application against the tax demand ...

Maniar Vs ITO, the Income Tax Appellate Tribunal (ITAT) in Ahmedabad partially upheld the addition of Rs. 79.35 lakh under Section 69 of the Income Tax Act, treating it as an unexplained investment.

Byju's US-based lenders had opposed the settlement, claiming that the money used to repay BCCI was tainted as it was part of ...

The Mumbai bench of the Income-tax Appellate Tribunal (ITAT) recently clarified that when it comes to tax liability, the date ...

Besides, Income Tax Appellate Tribunal and NCLT benches are also present in Indore. Apart from this, the division bench of the High Court is also in Indore, hence the Appellate Tribunal of GST ...