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![Set back to Nayara: ITAT Confirms ₹2,513 Crore Loss Disallowance, cites Inter-Corporate Deposits as Sham Due to Missing SPA and Fair Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Mumbai-SPA-Loss-Disallowance-Disallowance-Taxscan.jpg "Set back to Nayara: ITAT Confirms ₹2,513 Crore Loss Disallowance, cites Inter-Corporate Deposits as Sham Due to Missing SPA and Fair Valuation [Read Order]")
Set back to Nayara: ITAT Confirms ₹2,513 Crore Loss Disallowance, cites Inter-Corporate Deposits as Sham Due to Missing SPA and Fair Valuation [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) confirms Rs. 2513 Crore loss disallowance of the assessee Nayara Energy Ltd. The tribunal...
![No Assessment Order shall be passed in name of Non Existing Company: ITAT upholds CIT(A) decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Assessment-Order-ITAT-Delhi-ITAT-upholds-CITA-decision-Tax-news-Taxscan.jpg "No Assessment Order shall be passed in name of Non Existing Company: ITAT upholds CIT(A) decision [Read Order]")
![Mistakes from Typographical Error not leading to Tax Evasion is not unexplained Cash Credit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Mumbai-ITAT-Income-Tax-Appellate-Tax-Evasion-Income-Tax-TAXSCAN-1.jpg "Mistakes from Typographical Error not leading to Tax Evasion is not unexplained Cash Credit: ITAT [Read Order]")
![Late Fees u/s 234E of Income Tax Act without giving opportunity for submitting reasons for delay in Appeal filing: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Re-Adjudication-Income-Tax-Act-tax-news-Mumbai-Bench-TAXSCAN.jpg "Late Fees u/s 234E of Income Tax Act without giving opportunity for submitting reasons for delay in Appeal filing: ITAT directs Re-adjudication [Read Order]")