![AMP Adjustment of ₹4.32 Cr Based on Bright Line Test Unsustainable: ITAT Grants Partial Relief to Callaway Golf India [Read Order]](https://images.taxscan.in/h-upload/2026/03/10/2128659-amp-adjustment-of-based-on-bright-itat-grants-partial-relief-callaway-golf-india-.webp "AMP Adjustment of ₹4.32 Cr Based on Bright Line Test Unsustainable: ITAT Grants Partial Relief to Callaway Golf India [Read Order]")
AMP Adjustment of ₹4.32 Cr Based on Bright Line Test Unsustainable: ITAT Grants Partial Relief to Callaway Golf India [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench has provided some relief holding that the Bright Line Test (BLT) cannot be applied for...
![Income Tax Search Assessment Invalid Where Approval u/s 153D Granted Without Application of Mind: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/03/10/2128663-income-taxjpg.webp "Income Tax Search Assessment Invalid Where Approval u/s 153D Granted Without Application of Mind: ITAT [Read Order]")
![No Disclosure of Material Facts: Madras HC Invalidates Action for Reopening Income Tax Assessment Notice issued u/s 148 [Read Order]](https://images.taxscan.in/h-upload/2026/03/10/2128667-income-tax-assessment-1jpg.webp "No Disclosure of Material Facts: Madras HC Invalidates Action for Reopening Income Tax Assessment Notice issued u/s 148 [Read Order]")
![CIT(A) Order Based on Presumption Without Verification of Charitable Trust’s Exemption Claim: ITAT Directs Fresh Assessment [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128582-charitable-trustjpg.webp "CIT(A) Order Based on Presumption Without Verification of Charitable Trust’s Exemption Claim: ITAT Directs Fresh Assessment [Read Order]")
Addition u/s 68 Unsustainable Where Loan Transactions Made Through Banking Channels: ITAT Deletes ₹3.30 Cr Unsecured Loan Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT),Delhi Bench, has held that the addition under Section 68 of the Income Tax Act,1961 cannot be made solely based on the investigation report for accommodation ...
![Addition u/s 68 Unsustainable Where Loan Transactions Made Through Banking Channels: ITAT Deletes ₹3.30 Cr Unsecured Loan Addition [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128584-loan-transactionsjpg.webp "Addition u/s 68 Unsustainable Where Loan Transactions Made Through Banking Channels: ITAT Deletes ₹3.30 Cr Unsecured Loan Addition [Read Order]")
Penalty for Non-Compliance of Notices not Leviable where Assessment Completed u/s 143 based on Information Furnished: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Indore Bench held that the penalty imposed for the alleged non-compliance of the statutory notices cannot be sustained if the assessee complies with the ...
![Penalty for Non-Compliance of Notices not Leviable where Assessment Completed u/s 143 based on Information Furnished: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128581-itat-penalty-for-non-compliance-taxscan.webp "Penalty for Non-Compliance of Notices not Leviable where Assessment Completed u/s 143 based on Information Furnished: ITAT [Read Order]")
ITAT Upholds Deletion of ₹1.73 Cr Labour Income Addition as Assessee Had Already Disclosed Income in Return and Form 26AS [Read Order]
The Income Tax Appellate Tribunal(ITAT), Ahmedabad Bench, upheld the deletion of ₹1,73,94,080 addition towards labour income after observing that the appellant had already disclosed the income in...
![ITAT Upholds Deletion of ₹1.73 Cr Labour Income Addition as Assessee Had Already Disclosed Income in Return and Form 26AS [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128563-itat-upholds-deletion-of-173-cr-labour-income-addition-as-assessee-had-already-disclosed-income-in-return-and-form-26as-jpg.webp "ITAT Upholds Deletion of ₹1.73 Cr Labour Income Addition as Assessee Had Already Disclosed Income in Return and Form 26AS [Read Order]")
Salary Earned Outside India Not Taxable as Deposit in NRE Account Does Not Amount to Receipt of Salary in India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, held that salary earned outside India by a non-resident is not taxable in India because it is credited to a Non-Resident External (NRE)...
![Salary Earned Outside India Not Taxable as Deposit in NRE Account Does Not Amount to Receipt of Salary in India: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128535-salary-earned-outside-india-not-taxable-itat-taxscan.webp "Salary Earned Outside India Not Taxable as Deposit in NRE Account Does Not Amount to Receipt of Salary in India: ITAT [Read Order]")
Delay in filing Income Tax Form 10B Condoned as Charitable Trust was Preoccupied with Foreign Donors: Madras HC [Read Order]
The High Court of Madras held that the order rejecting the application for condonation of delay was to be set aside given the circumstances that the charitable trust was in during the time of filing...
![Delay in filing Income Tax Form 10B Condoned as Charitable Trust was Preoccupied with Foreign Donors: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128524-delay-in-filing-income-tax-form-10b-condoned-as-charitable-trust-was-preoccupied-with-foreign-donorsjpg.webp "Delay in filing Income Tax Form 10B Condoned as Charitable Trust was Preoccupied with Foreign Donors: Madras HC [Read Order]")
Technical Error in Application Cannot Be Ground To Reject Registration: ITAT Directs Reconsideration Of Trust Registration Applications [Read Order]
The Income Tax Appellate Tribunal has directed the reconsideration of the registration applications of the trust,it held that the mere technical error of choosing the wrong section code cannot be a...
![Technical Error in Application Cannot Be Ground To Reject Registration: ITAT Directs Reconsideration Of Trust Registration Applications [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128487-technical-error-in-application-ground-reject-registration-itat-directs-reconsideration-registration-applications-.webp "Technical Error in Application Cannot Be Ground To Reject Registration: ITAT Directs Reconsideration Of Trust Registration Applications [Read Order]")
Exemption Cannot Be Denied For Non Filing of Form 10B: ITAT Allows ₹1.21 Crore Relief Claim Of IAPPD [Read Order]
The Income Tax Appellate Tribunal granted relief of ₹1.21 crore,holding that exemption cannot be denied merely for alleged non-filing of Form 10B when the assessee was actually required to furnish...
![Exemption Cannot Be Denied For Non Filing of Form 10B: ITAT Allows ₹1.21 Crore Relief Claim Of IAPPD [Read Order]](https://images.taxscan.in/h-upload/2026/03/09/2128481-denied-for-non-filing-of-form-10b-itat-taxscan.webp "Exemption Cannot Be Denied For Non Filing of Form 10B: ITAT Allows ₹1.21 Crore Relief Claim Of IAPPD [Read Order]")