![ITAT Condones 63 Day-Delayed Appeal due to Hospitalization, Remands ₹67L Income Tax Deduction Claim u/s 80IB [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/500x300_2123879-itat-condones-63-day-delayed-appeal-due-to-hospitalization.webp "ITAT Condones 63 Day-Delayed Appeal due to Hospitalization, Remands ₹67L Income Tax Deduction Claim u/s 80IB [Read Order]")
ITAT Condones 63 Day-Delayed Appeal due to Hospitalization, Remands ₹67L Income Tax Deduction Claim u/s 80IB [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jodhpur Bench, condoned a delay of 63 days in filing the appeal and set aside the impugned order of the...
![Statutory Duty of Commissioner to Consider Documents Filed in Paper Book : ITAT Notes Commissioner Dismissed Appeal Without Deciding on Merits [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/250x150_2123876-statutory-duty-commissioner-consider-documents-filed-paper-book-taxscan.webp "Statutory Duty of Commissioner to Consider Documents Filed in Paper Book : ITAT Notes Commissioner Dismissed Appeal Without Deciding on Merits [Read Order]")
![Reassessment Beyond 4 Years Without New Material Invalid: ITAT Quashes ₹3.40 Cr S. 80IB(10) Disallowance [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/250x150_2123832-reassessment-beyond-4-years-without-new-material-invalid-itat-quashes.webp "Reassessment Beyond 4 Years Without New Material Invalid: ITAT Quashes ₹3.40 Cr S. 80IB(10) Disallowance [Read Order]")
![ITAT Rejects Jurisdiction, Limitation and Procedural Challenges Raised by Ex-Flipkart COO Against Final Assessment Order for AY 2020-21 [Read Order]](https://images.taxscan.in/h-upload/2026/02/04/250x150_2123749-itat-rejects-jurisdiction-limitation-procedural-challenges-raised-ex-flipkart-coo-against-final-assessment-order-ay-2020-21-taxscan.webp "ITAT Rejects Jurisdiction, Limitation and Procedural Challenges Raised by Ex-Flipkart COO Against Final Assessment Order for AY 2020-21 [Read Order]")
ITAT upholds Taxability of Capital Gains on Sale of Flipkart Shares by Ex-Flipkart COO, Denies DTAA Relief Under India-Singapore Tax Treaty [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) dealt with the issue of taxability of capital gains arising from the sale of shares of Flipkart Private Limited held by Binny Bansal in...
![ITAT upholds Taxability of Capital Gains on Sale of Flipkart Shares by Ex-Flipkart COO, Denies DTAA Relief Under India-Singapore Tax Treaty [Read Order]](https://images.taxscan.in/h-upload/2026/02/04/500x300_2123739-itat-upholds-taxability-capital-gains-sale-flipkart-shares.webp "ITAT upholds Taxability of Capital Gains on Sale of Flipkart Shares by Ex-Flipkart COO, Denies DTAA Relief Under India-Singapore Tax Treaty [Read Order]")
Entire Income Tax Assessment Must Conclude within 30 Months where TPO Reference Exists: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has held that in cases where the Transfer Pricing Officer (TPO) reference exists, the entire income tax assessment as per Sections 144 and 153...
![Entire Income Tax Assessment Must Conclude within 30 Months where TPO Reference Exists: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/04/500x300_2123752-entire-income-tax-assessment-must-conclude-within-30-months-taxscan.webp "Entire Income Tax Assessment Must Conclude within 30 Months where TPO Reference Exists: ITAT [Read Order]")
Residential Status of Ex-Flipkart COO: ITAT Upholds Assessment Treating Him as Resident of India Under Income Tax Act and India-Singapore DTAA [Read Order]
In a recent development, the Bangalore Benchof Income Tax Appellate Tribunal (ITAT) zeroed in on the issue of residential status of Binny Bansal in an appeal arising out of the assessment year...
![Residential Status of Ex-Flipkart COO: ITAT Upholds Assessment Treating Him as Resident of India Under Income Tax Act and India-Singapore DTAA [Read Order]](https://images.taxscan.in/h-upload/2026/02/04/500x300_2123743-residential-status-ex-flipkart-coo-itat-upholds-assessment-treating-him-resident-india-under-income-tax-act-india-singapore-dtaa-taxscan.webp "Residential Status of Ex-Flipkart COO: ITAT Upholds Assessment Treating Him as Resident of India Under Income Tax Act and India-Singapore DTAA [Read Order]")
Taxpayer Claims Income Declared in ITR Wrong & Belonged to Another Year: ITAT Remands Matter for Verification [Read Order]
Income Tax Appellate Tribunal (ITAT), Pune Bench, has remanded a matter back for verification since the taxpayer/assessee claims that income has been declared incorrectly in the wrong year. The...
![Taxpayer Claims Income Declared in ITR Wrong & Belonged to Another Year: ITAT Remands Matter for Verification [Read Order]](https://images.taxscan.in/h-upload/2026/02/04/500x300_2123711-taxpayer-claims-income-declared-itr-wrong-belonged-another-year-itat-remands-matter-verification-taxscan-.webp "Taxpayer Claims Income Declared in ITR Wrong & Belonged to Another Year: ITAT Remands Matter for Verification [Read Order]")
Additional TP Ground on AE as Tested Party Admissible before ITAT: Bombay HC favours Nivea India [Read Order]
The Bombay High Court has upheld the Income Tax Appellate Tribunal’s ( ITAT ) decision allowing Nivea India Private Ltd. to raise an additional transfer pricing ground at the appellate stage. ...
![Additional TP Ground on AE as Tested Party Admissible before ITAT: Bombay HC favours Nivea India [Read Order]](https://images.taxscan.in/h-upload/2026/02/04/500x300_2123702-additional-tp-ground-ae-tested-party-admissible-before-itat-bombay-hc-favours-nivea-india-taxscan.webp "Additional TP Ground on AE as Tested Party Admissible before ITAT: Bombay HC favours Nivea India [Read Order]")
₹1.38 Cr Income Tax Addition on Unaccounted Profit from Business Transaction: ITAT Directs Fresh Adjudication by CIT(A) [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench, has restored a matter relating to an addition of ₹1,38,66,386 made on account of alleged unaccounted profits from business transactions,...
![₹1.38 Cr Income Tax Addition on Unaccounted Profit from Business Transaction: ITAT Directs Fresh Adjudication by CIT(A) [Read Order]](https://images.taxscan.in/h-upload/2026/02/03/500x300_2123601-itat-new-delhi-income-tax-addition-unaccounted-profit-business-transaction-fresh-adjudication-cita-taxscan.webp "₹1.38 Cr Income Tax Addition on Unaccounted Profit from Business Transaction: ITAT Directs Fresh Adjudication by CIT(A) [Read Order]")