ITAT

Section 68 and Taxation: ITAT Sets Limits on Assessing Undisclosed Income" In a significant ruling, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that only the…

ITAT Directs AO to Readjudicate Case of Illiterate Agriculturist Earning Between Rs. 37-55 Lakh The Income Tax Appellate Tribunal (ITAT) has recently ruled that the Assessing Officer (AO) must readjudicate…

ITAT Dismisses Appeals Following Withdrawal Under Direct Tax Vivad se Vishwas Scheme The Income Tax Appellate Tribunal (ITAT) recently dismissed several tax appeals after the taxpayers withdrew them under the…

Big ITAT Ruling: No Tax on Commission Paid to Non-Residents Without a Permanent Establishment in India! In a landmark decision, the Income Tax Appellate Tribunal (ITAT) clarified that commission paid…

ITAT Clarifies: No Books of Accounts Needed for ITR Filing Under Section 44AD In a landmark decision, the Income Tax Appellate Tribunal (ITAT) has clarified that taxpayers opting for the…

₹62 Lakh Tax Addition on Fruit Sales Scrapped by ITAT: A Landmark Ruling on Sections 68 and 69 In a significant judgment, the Income Tax Appellate Tribunal (ITAT) deleted a…