Income Tax Judgements

The Karnataka High Court at Dharwad, in Shashikala Namdev Kumbhar v. State of Karnataka & Others, examined the validity of the Forest Development Tax (FDT) collected on the purchase of timber. The petitioner sought quashing of the FDT demand and refu

The Income Tax Appellate Tribunal (ITAT), Jodhpur Bench, in Pushap Raj Bohra v. Income Tax Officer, ITA No. 549/Jodh/2024 for AY 2017-18, pronounced on 7 August 2026, dismissed the assessee's appeal as infructuous after the Assessing Officer subseque

The Income Tax Appellate Tribunal (ITAT), Jodhpur Bench, in Ram Niwas Chouhan v. Income Tax Officer, ITA No. 182/Jodh/2024 for AY 2015-16, pronounced on 7 August 2026, deleted an addition of ₹28,52,412 made under Section 68 of the Income Tax Act, 196

In a significant ruling, the Supreme Court has held that a foreign cruise operator carrying passengers in India is entitled to the benefit of Section 44B of the Income-tax Act, 1961, even where the cruise also provides hospitality and entertainment s

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has quashed the reassessment proceedings initiated against Vertex International Private Limited for Assessment Year (AY) 2015-16 after holding that the notice issued under Section 148 of the Inco

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has condoned a delay of 2,073 days in filing an appeal and deleted an addition of Rs. 11 lakh made on account of cash deposits in a joint bank account.

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has deleted an addition of Rs. 7.24 lakh made against a property purchaser towards an alleged cash or “on-money” payment, holding that the addition was based solely on material found during a se

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has held that where the estate of a deceased person is administered by a sole executor, the income of the estate should be assessed at the slab rates applicable to an individual under Section 16

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has deleted the penalty imposed under Section 270A of the Income Tax Act on a co-operative society after holding that the deduction claimed under Section 80P was based on a bona fide belief a

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has quashed the reassessment proceedings initiated against an assessee for Assessment Year (AY) 2018-19 after holding that the approval for the proceedings was obtained from an authority not