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ITAT Mumbai: Only Profit Element on Bogus Purchases Taxable — Full Disallowance Unjustified!

By Mahesh Mara November 12, 2025ITAT1 Comment

ITAT Mumbai: Only Profit Element on Bogus Purchases Taxable — Full Disallowance Unjustified! 🔹 Introduction In a significant relief to taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai reiterated that…

ITAT Delhi Slashes Demonetisation Cash Addition for Lack of Proof

By Mahesh Mara November 10, 2025INCOME TAX, ITATNo Comments

ITAT Delhi Slashes Demonetisation Cash Addition for Lack of Proof 🏦 Introduction In a notable ruling offering partial relief to taxpayers facing scrutiny over demonetisation cash deposits, the Income Tax…

ITAT Chennai Ruling on Undisclosed Foreign Trusts Under Black Money Act

By Mahesh Mara November 7, 2025INCOME TAX, ITATNo Comments

ITAT Chennai Ruling on Undisclosed Foreign Trusts Under Black Money ActIntroductionIn a landmark judgment reinforcing India’s strong stance against undisclosed foreign assets, the Income Tax Appellate Tribunal (ITAT), Chennai Bench,…

ITAT Bangalore Remands Case to CIT(A) for Rule 46A Violation Over Admission of Additional Evidence in Haris Muhammad Sait Case

By Mahesh Mara May 30, 2025Compliance, INCOME TAX, ITATNo Comments

ITAT Bangalore Remands Case to CIT(A) for Rule 46A Violation Over Admission of Additional Evidence in Haris Muhammad Sait Case 1. Facts and Issues of the Case In the case…

ITAT Delhi Quashes Reassessment on Bogus Sales: No Independent Inquiry, No Cross-Examination – A Win for Taxpayer Rights

By Mahesh Mara May 30, 2025ITATNo Comments

ITAT Delhi Quashes Reassessment on Bogus Sales: No Independent Inquiry, No Cross-Examination – A Win for Taxpayer Rights The case of A.K. Lumbers Ltd. vs. ACIT before the Income Tax…

ITAT Pune Allows Delay in Income Tax Appeal Due to Illness and Death of Consultant: Fresh Hearing Ordered

By Mahesh Mara May 29, 2025ITATNo Comments

ITAT Pune Allows Delay in Income Tax Appeal Due to Illness and Death of Consultant: Fresh Hearing Ordered Fact and Issue of the Case In the case of Deepali Dilip…

ITAT Bangalore Clears Taxpayer: Unexplained Cash Deposit Addition Scrapped Due to Proven Income Sources

By Mahesh Mara May 29, 2025ITATNo Comments

ITAT Bangalore Clears Taxpayer: Unexplained Cash Deposit Addition Scrapped Due to Proven Income Sources Fact and Issue of the Case In a significant judgment by the Income Tax Appellate Tribunal…

ITAT Delhi Upholds Segment-Based Transfer Pricing Analysis in Favor of Opterna Technologies

By Mahesh Mara May 19, 2025INCOME TAX, ITATNo Comments

ITAT Delhi Upholds Segment-Based Transfer Pricing Analysis in Favor of Opterna Technologies In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Delhi Bench, delivered a judgment on May 7,…

ITAT Mumbai Lays Down Key Principles on Statutory Interpretation and Approval Process in Tax Assessments

By Mahesh Mara May 19, 2025INCOME TAX, ITATNo Comments

ITAT Mumbai Lays Down Key Principles on Statutory Interpretation and Approval Process in Tax Assessments In a landmark decision delivered on April 3, 2025, the Income Tax Appellate Tribunal (ITAT),…

ITAT Delhi Rules in Favour of NIIT Deduction on Finance Lease Principal Repayment

By Mahesh Mara May 9, 2025Compliance, ITATNo Comments

ITAT Delhi Rules in Favour of NIIT Deduction on Finance Lease Principal Repayment In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Delhi Bench, has allowed the deduction of…

ITAT Mumbai: Only Profit Element on Bogus Purchases Taxable — Full Disallowance Unjustified!

ITAT Delhi Slashes Demonetisation Cash Addition for Lack of Proof

ITAT Chennai Ruling on Undisclosed Foreign Trusts Under Black Money Act

ITAT Bangalore Remands Case to CIT(A) for Rule 46A Violation Over Admission of Additional Evidence in Haris Muhammad Sait Case

ITAT Delhi Quashes Reassessment on Bogus Sales: No Independent Inquiry, No Cross-Examination – A Win for Taxpayer Rights

ITAT Pune Allows Delay in Income Tax Appeal Due to Illness and Death of Consultant: Fresh Hearing Ordered

ITAT Bangalore Clears Taxpayer: Unexplained Cash Deposit Addition Scrapped Due to Proven Income Sources

ITAT Delhi Upholds Segment-Based Transfer Pricing Analysis in Favor of Opterna Technologies

ITAT Mumbai Lays Down Key Principles on Statutory Interpretation and Approval Process in Tax Assessments

ITAT Delhi Rules in Favour of NIIT Deduction on Finance Lease Principal Repayment

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