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Forex Fluctuations Export/Imports can be treated as Operating Cost: ITAT grants Relief to Dana India Ltd [Read Order]

Navasree A.M

The Income Tax Appellate Tribunal (ITAT) Pune Bench, constituted of the Vice President of ITAT, Pune alongside being an Accountant Member Ravinder...

Profits from Transport of Air Passengers to be taxed in Contracting State as per Indo Bhutan DTAA:...

Sale Consideration of Software Products not Taxable as Royalty under Article 12 of India-Singapore...

Due intimation given on Amalgamation of Company: ITAT treats Assessment Order as null and void [Read...

Profit Attribution not required since Indian AE is remunerated at Arm's Length Price: ITAT [Read...

PCIT justified to assume Revisionary Power when AO drops Disallowances proposed in Draft Assessment: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that the PCIT was justified to assume revisionary power when AO drops disallowances proposed in the draft assessment without...

Madras HC upholds DRP’s order in favour of Renault Nissan in computing Deduction [Read Order]

The Madras High Court while upholding the order of Dispute Resolution Panel (DRP), ordered in favour of the assessee, Renault Nissan in computing deduction. The assessee, Renault Nissan is an...

ITAT Ahmedabad to Go Paperless [Read Office Order]

As part of adopting environmental friendly measures, Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has ordered that copies of the judicial orders that are sent to department...