ITAT Indore reduces Section 271AAB penalty from 60% to 30% for AY 2014-15 but upholds concealment penalties for AYs 2013-14 ...

ITAT Indore upholds consent-based capital gains assessment but deletes ₹24 lakh penalty because Section 274 notice failed to ...

ITAT Kolkata holds reassessment beyond three years invalid under Section 149(1)(b) where escaped income was only ₹20 lakh.

Examine taxpayers’ right to cross-examination, natural justice, prejudice, third-party evidence and remedies against invalid ...

ITAT Indore remands ₹6.79 lakh unexplained investment addition for fresh verification of actual sale deeds after finding ...

ITAT Indore restores society’s appeal for merits review and conditionally condones 378-day delay; ₹90.88 lakh addition ...

Surat ITAT allows appeal where AO used returned income without issuing Section 143(2) notice; ₹16.48 lakh additions also ...

Diwali 2026 guide to preserving books of accounts under Income Tax, GST and Companies Act, including retention periods, ...

Learn how to build a sellable business with reliable accounts, recurring revenue, independent management, strong compliance ...

ITAT partly allows jewellery trader’s appeal but sustains Section 263 revision over unreconciled seized transactions of ₹1.10 ...

Jaipur ITAT deletes ₹5.20 lakh bogus purchase addition because an adverse third-party statement was used without effective ...

ITAT Jaipur condones 250-day CIT(A) appeal delay and 15-day Tribunal delay, remanding ₹20,000 penalty dispute for decision on ...