The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the satellite transmission services would not be taxable in India as royalty under Indo-US treaty. The assessee Intelsat US LLC, challenges the final assessment

The Delhi Income Tax Appellate Tribunal has recently by observing the non-implementation of Dispute Resolution Panel directions by assessing officers directing the government to issue necessary guidelines. Assessee Oxbow Energy Solutions LLC is a non-resident

The Bombay High Court deleted the addition made on account of interest expenditureas the assessee, Godrej & BoyceMfg. Co. Ltd, had sufficient interest-free surplus funds to make the investment. The respondent/assessee filed its income tax

The Gujarat High Court ( HC ) held that the order for cancellation of GST registration without determining the amount payable by the assessee is not valid. Devi Products, the petitioner challenged the legality and

The High Court (HC) of Delhi, in its significant judgement, directed the Income Tax Appellate Tribunal (ITAT) to re-adjudicate the appeal by Cement Corporation of India Ltd. Cement Corporation of India Ltd, the petitioner challenged

In a significant case the Bombay High Court bench of Justice Dhiraj Singh Thakur and Valmiki Sa Menezes, Observed that reconsidering decisions rendered in earlier regular assessment amounts to change of opinion. Thus the bench

The Pune Income Tax Appellate Tribunal (ITAT) determined that the reimbursement of severance cannot be regarded as salary for the purposes of taxation due to terms in the secrecy and non-compete agreement that were read

The Delhi Bench of Income Tax Appellate Tribunal ( ITAT )has deleted the penalty under Section 271B of the Income Tax Act 1961 as the completion of the audit and furnishing of the tax audit

The Income Tax Appellate Tribunal (ITAT), Jaipur Bench, has recently, in an appeal filed before it, held that income tax registration u/s 12AB cannot be denied to trust, after supplying all desired information as per

The Income Tax Appellate Tribunal ( ITAT ), Delhi Bench, has recently, in an appeal filed before it, held shortage towards principal in a lending business is allowable as bad debt. The aforesaid observation was

The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has held that the expenditure towards “Erroneous disallowance of Payment of Employee Stock Option Plan (ESOP) would be eligible for deduction under Section 37 of the

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has recently, in an appeal filed before it, while granting relief to Ride a Cycle Foundation, held that the applicability of S. 2(15) of the Income Tax

In a matter of reopening of assessment after 4 years based on a change of opinion without stating any reason, the Bombay High Court (HC) set aside the re-assessment order being void. The petitioner Bharat

The Bombay High Court (HC) in its recent judgment quashed the re-assessment notice secondary email address when the primary address was provided. Lok Developers, the petitioner is a registered partnership firm which was carrying on

On delay of the Income Tax department's to comply with the assessee's refund request, the Bombay High Court ( HC ) directed to issue an additional refund. The petition was filed by the legal heir