Misled by tax consultant, employee faces Rs 1.15 lakh penalty — ITAT Pune steps in to reverse it
The Income Tax Department has flagged a growing trend of fraudulent tax deduction claims, prompting over 90,000 salaried employees across […]
ITAT – Income Tax News
ITAT Mumbai Rules in Favor of Wife: No Income Tax on Rs 6 Crore Property Sale After Claiming Section 54 Exemption on Gifted Flats
In a landmark ruling dated June 9, 2025, the Income Tax Appellate Tribunal (ITAT) Mumbai ruled in favor of a
Income Tax Appellate Tribunal dismisses Congress appeal against Rs 199 crore tax assessment
Denying relief to the Indian National Congress, the Income Tax Appellate Tribunal (ITAT) on Monday dismissed an appeal by the
Indian engineer wins Rs 69-lakh unexplained investment income tax case in ITAT Mumbai on these technical grounds
On June 27, 2025, the Income Tax Appellate Tribunal (ITAT) Mumbai ruled in favor of an Indian engineer working in
IT Tribunal allows Section 80P deduction for late ITR filing: What it means for cooperative societies
The Income Tax Appellate Tribunal (ITAT) Rajkot Bench has ruled that a cooperative society can claim a tax deduction under
Cash deposits made during demonetisation not taxable if disclosed, rules IT Tribunal
Cash deposits made during the 2016 demonetisation period are not liable for additional tax if they were already recorded in
ITAT ruling provides respite to off-shore debt funds in India
A recent ruling by the Delhi bench of the Income Tax Appellate Tribunal (ITAT) has come as a huge relief
Flipping farm land for cash? ITAT’s ruling may close India’s oldest black money trick
The old trick of flipping farm land to white-wash cash is in the crosshairs of the taxman. Buying agricultural land
Husband wife duo wins Rs 1.3 crore long term capital gains tax exemption case under Section 54 despite selling two houses to buy a joint property; ITAT Mumbai case
The Income Tax Appellate Tribunal (ITAT), Mumbai, on April 17, 2025 held that long term capital gains (LTCG) tax exemption
Tax tribunal upholds Rs 52 cr as benami in Buldhana co-op society case
In a major boost to income tax department, Income Tax Appellate Tribunal (ITAT) at Delhi has upheld that as much
