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ITAT Grants Relief on Section 69A Additions for Business Cash Deposits
Learn about the recent ITAT ruling allowing twenty lakh credit for business cash deposits against Section 69A additions and its tax implications.
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ITAT Limits Hospital Receipt Additions to 5 Percent and Cancels Diary Based Tax Demands
Discover the latest Chandigarh ITAT ruling restricting hospital receipt additions to 5 percent and deleting diary based unexplained income demands.
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ITAT Jaipur Remands Salary Expense Claim For Reasonable Allowance
ITAT Jaipur directs reassessment of a 32.53 lakh salary expense claim, rejecting blanket disallowance and mandating a fair evaluation.
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ITAT Jaipur Deletes Tax Addition for Income Declared Under Section 44AD
Learn how ITAT Jaipur deleted a tax addition of Rs 4.53 lakh when income was declared presumptively under Section 44AD.
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Understanding Minimum Alternate Tax MAT for Companies Calculation and Credit
Learn how the Minimum Alternate Tax MAT works for companies, including calculation methods and credit availability under Indian tax regulations.
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ITAT Pune Deletes Notice Default Penalty Under Section 272A(1)(d)
ITAT Pune sets aside a Rs 20,000 penalty under section 272A(1)(d) after accepting reasonable cause for failing to comply with section 142(1) notices.
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ITAT Kolkata Rules in Favor of Taxpayer on Pass-Through AE Purchases
ITAT Kolkata deletes a significant transfer pricing adjustment after determining the associated enterprise acted strictly as a pass-through entity.
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ITAT Mumbai Rules Section 92CA Reference Must Identify Specific Transaction
ITAT Mumbai rules that a Section 92CA reference must identify a transaction and the Transfer Pricing Officer cannot determine a Permanent Establishment.
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ITAT Jaipur Rules in Favor of 15 Percent Tax Rate After Form 10-ID Correction
ITAT Jaipur grants the 15 percent tax rate under section 115BAB after a timely filed Form 10-ID error was corrected.
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ITAT Mumbai Rules SaaS Subscription Fees Are Not Royalty Under Section 91vi
ITAT Mumbai rules that SaaS subscription payments do not qualify as royalties under Section 9(1)(vi) or the India-Ireland tax treaty in the absence of a PE.