Weekly Digest
High Court
HC: Allows Sec. 80-IA(4) deduction executing project under State Government work orders, being ‘developer’, not works contractor
- In Favour of : Assessee
- Citation Number : TS-1777-HC-2026(BOM)
High Court
HC: Levy of user charges over statutory fee not per se ‘business’ u/s 2(15) proviso sans cost-markup test; Remits Sec. 11 exemption
- In Favour of : Assessee
- Citation Number : TS-1775-HC-2026(P & H)
Income tax Appellate Tribunal
ITAT: Deletes Section 271(1)(c) penalty on estimated profit addition, absent independent evidence of concealment
- In Favour of : Assessee
- Citation Number : TS-1778-ITAT-2026(CHANDI)
Income tax Appellate Tribunal
ITAT: Dairy receipts disclosed u/s 44AD cannot be taxed again as unexplained money u/s 69A
- In Favour of : Assessee
- Citation Number : TS-1779-ITAT-2026(CHANDI)
Income tax Appellate Tribunal
ITAT: Cost recharges for central support services not FTS under India-UK DTAA sans ‘make available’ for Barclays Services; Relies on Shell India ruling
- In Favour of : Assessee
- Citation Number : TS-1783-ITAT-2026(Mum)
High Court
HC: Grants Sec. 12A registration as concessional charges doesn't render trust’s activities commercial
- In Favour of : Both, Partially
- Citation Number : TS-1742-HC-2026(DEL)
High Court
HC: Foreign agents without Indian business connection not liable to TDS; Quashes Sec. 201 demand
- In Favour of : Assessee
- Citation Number : TS-1741-HC-2026(GUJ)
High Court
HC: Condones 260 days' delay for filing Form 10 as bona fide lapse as cured prior to Sec. 143(1) intimation
- In Favour of : Assessee
- Citation Number : TS-1743-HC-2026(BOM)
High Court
HC: Quashes ITAT’s rectification rejection introducing fresh grounds; Sec. 254(2) confined to mistakes apparent, not review
- In Favour of : Assessee
- Citation Number : TS-1735-HC-2026(GUJ)
Income tax Appellate Tribunal
ITAT: Quashes reassessment beyond 3-years for escapement below Rs. 50 lakh, holds Sec. 149(1)(b) threshold unfulfilled
- In Favour of : Assessee
- Citation Number : TS-1738-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: UGC grants, notional interest on Govt. land count towards 50% funding test for Sec. 10(23C)(iiiab)
- In Favour of : Assessee
- Citation Number : TS-1728-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Quashes reassessment notice issued on April 1 sans Sec. 148A compliance; E-issuance date, not signing date, relevant
- In Favour of : Assessee
- Citation Number : TS-1736-ITAT-2026(VIZ)
Income tax Appellate Tribunal
ITAT: Wrong ITR-form cannot defeat exemption claim; Directs acceptance of correct return, exemption subject to condonation
- In Favour of : Assessee
- Citation Number : TS-1737-ITAT-2026(CHNY)
Income tax Appellate Tribunal
ITAT: Quashes cancellation of Sec. 12AA registration absent proof of PCIT’s jurisdiction, restores registration
- In Favour of : Assessee
- Citation Number : TS-1445-ITAT-2026(JODH)
Income tax Appellate Tribunal
ITAT: Rejects ad hoc disallowance of employees’ benefit expenses, labour charges; Restore issue for fresh verification
- In Favour of : Both, Partially
- Citation Number : TS-1740-ITAT-2026(Mum)
High Court
HC: Upholds annulment of post-search assessments for mechanical consolidated approval u/s 153D sans year-wise scrutiny
- In Favour of : Assessee
- Citation Number : TS-1693-HC-2026(DEL)
High Court
HC: Quashes draft faceless assessment u/s 144C(1) for denial of VC hearing amid portal glitches
- In Favour of : Assessee
- Citation Number : TS-1675-HC-2026(BOM)
High Court
HC: Allows non-compete fees under business transfer agreement as revenue expenditure u/s 37(1) for Abbott Healthcare
- In Favour of : Assessee
- Citation Number : TS-1703-HC-2026(BOM)
Income tax Appellate Tribunal
ITAT: Allowing advertisement & ESOP expenditure sans enquiry or verification, justifies invocation of revision u/s 263
- In Favour of : Revenue
- Citation Number : TS-1701-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Contingent liability disclosed without deduction claim cannot attract Sec. 37 disallowance, rectifiable u/s 154
- In Favour of : Assessee
- Citation Number : TS-1702-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Reassessment where no addition made in respect of income forming basis of reopening, unsustainable
- In Favour of : Both, Partially
- Citation Number : TS-1695-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: Angadia’s gross cash transactions cannot be treated as undisclosed income; Restricts commission at 0.3%
- In Favour of : Assessee
- Citation Number : TS-1689-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: Stock valuation differences sans quantity mismatch cannot justify excess stock addition
- In Favour of : Assessee
- Citation Number : TS-1684-ITAT-2026(Bang)
Income tax Appellate Tribunal
ITAT: Road widening qualifies as new infrastructure facility u/s 80-IA(4); Sec.80AC bar inapplicable to bona fide revised claim
- In Favour of : Both, Partially
- Citation Number : TS-1679-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 271D penalty for cash property advance as corroborated financial circumstances establish reasonable cause
- In Favour of : Assessee
- Citation Number : TS-1692-ITAT-2026(CHNY)
Supreme Court
SC: Rejects Revenue’s review petition against quashing of tax evasion prosecution for non-compliance with CBDT-Circular
- In Favour of : Assessee
- Citation Number : TS-1667-SC-2026
High Court
HC: Sec. 115-JB inapplicable to banking companies; Confirms Sec. 43B disallowance towards leave salary provision
- In Favour of : Revenue
- Citation Number : TS-1666-HC-2026(MAD)
Income tax Appellate Tribunal
ITAT: Quashes reassessment for unproven Sec. 148 notice service; Assessee’s participation cannot confer AO jurisdiction
- In Favour of : Assessee
- Citation Number : TS-1665-ITAT-2026(ASR)
Income tax Appellate Tribunal
ITAT: Matching sales turnover with VAT return insufficient to explain cash-deposits, restores Sec. 69A issue
- In Favour of : Both, Partially
- Citation Number : TS-1656-ITAT-2026(CHNY)
Income tax Appellate Tribunal
ITAT: Director of struck-off company lacks locus standi to challenge tax assessment on its behalf
- In Favour of : Assessee
- Citation Number : TS-1655-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 56(2)(viib) addition; AO cannot substitute valuation method or reject DCF sans specific errors
- In Favour of : Assessee
- Citation Number : TS-1664-ITAT-2026(JPR)
High Court
HC: Dismisses Sec. 68 addition review due to unsubstantiated accommodation entry explanation, as existing records lack due diligence
- In Favour of : Revenue
- Citation Number : TS-1616-HC-2026(MAD)
High Court
HC: Dismisses Sec. 271(1)(c) penalty appeal; Actual objections cannot constitute substantial questions of law
- In Favour of : Assessee
- Citation Number : TS-1617-HC-2026(BOM)
High Court
HC: Sec. 245 refund adjustment constitutes coercive recovery, barred against stayed demand or pending stay application
- In Favour of : Assessee
- Citation Number : TS-1614-HC-2026(BOM)
Income tax Appellate Tribunal
ITAT: Mitsubishi’s commission referral receipt not FTS absent ‘make available’; Business income not taxable sans PE
- In Favour of : Assessee
- Citation Number : TS-1609-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Sec. 270A penalty unsustainable merely on political donation disallowance sans evidence of misreporting
- In Favour of : Assessee
- Citation Number : TS-1615-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: Quashes Sec. 201(1) order for non-mentioning DIN; Sec. 292BA cannot cure defect
- In Favour of : Revenue
- Citation Number : TS-1608-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Upholds Sec. 14A disallowance on annual average investments; Allows Sec. 80-IA deduction for infrastructure projects
- In Favour of : Both, Partially
- Citation Number : TS-1600-ITAT-2026(Ahd)
High Court
HC: Upholds additional depreciation on Hindustan Zinc’s machinery; Rejects Sec. 263 revision merely for revenue loss
- In Favour of : Assessee
- Citation Number : TS-1618-HC-2026(RAJ)
High Court
HC: Upholds infrastructure developer’s Sec. 80-IA deduction; Criticises routine Revenue appeals lacking substantial question of law
- In Favour of : Assessee
- Citation Number : TS-1573-HC-2026(BOM)
High Court
HC: Agricultural lands recorded in revenue records & used for agriculture, retrospectively excluded from wealth tax
- In Favour of : Assessee
- Citation Number : TS-1576-HC-2026(MAD)
Income tax Appellate Tribunal
ITAT: Rejects taxability of GST refund sans prior deduction; Mere tax audit disclosure cannot justify adjustment
- In Favour of : Assessee
- Citation Number : TS-1574-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 271(1)(c) penalty sans requisite assessment satisfaction; Initiation u/s 271AAC cannot confer jurisdiction
- In Favour of : Assessee
- Citation Number : TS-1571-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Quashes Sec. 154 rectification restricting FTC, reconsideration constitutes impermissible change of opinion
- In Favour of : Assessee
- Citation Number : TS-1575-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Allows Sec. 80-IC deduction on operational insurance receipts, debt recoveries & liability write-backs
- In Favour of : Assessee
- Citation Number : TS-1572-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Upholds 6% profit estimation; Sec. 40A(3) disallowance unsustainable without specific cash-payment findings
- In Favour of : Both, Partially
- Citation Number : TS-1567-ITAT-2026(VNS)
High Court
HC: Reads down CBDT order prescribing Jan'21 as eligibility threshold for filing settlement applications
- In Favour of : Assessee
- Citation Number : TS-1531-HC-2026(RAJ)
High Court
HC: Royal Bank of Scotland liable to higher tax rate; DTAA non-discrimination clause overridden by Explanation to Sec. 90(1)
- In Favour of : Assessee
- Citation Number : TS-1532-HC-2026(CAL)
High Court
HC: Quashes Sec. 119(2)(b) rejection for revised ITR to claim Sec. 10(10C) exemption for failure to assess hardship under CBDT Circular
- In Favour of : Assessee
- Citation Number : TS-1537-HC-2026(P & H)
High Court
HC: Quashes notice u/s 148 & order due to non-satisfaction of condition precedent u/s 149(1)(b)
- In Favour of : Assessee
- Citation Number : TS-1545-HC-2026(BOM)
High Court
HC: Directs modified ITRs processing under Bilateral APA; Procedural delay cannot defeat refund with interest
- In Favour of : Assessee
- Citation Number : TS-1530-HC-2026(DEL)
High Court
HC: Sets aside Sec. 270AA immunity rejection for failure to afford a reasonable hearing u/s 270AA(4)
- In Favour of : Assessee
- Citation Number : TS-1536-HC-2026(CHAT)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 69C addition based on uncorroborated third party notebook sans nexus or proof of payment
- In Favour of : Assessee
- Citation Number : TS-1535-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 271AAC(1) penalty; Satisfaction recorded u/s 270A cannot subsequently be termed as 'typographical error'
- In Favour of : Assessee
- Citation Number : TS-1543-ITAT-2026(Mum)
High Court
HC: Deletes Sec. 56(2)(viib) addition basis CA valuation; Merchant Banker requirement applies prospectively under CBDT notification
- In Favour of : Assessee
- Citation Number : TS-1500-HC-2026(DEL)
High Court
HC: Quashes reassessment on issues already examined u/s 143(3) assessment & contrary to binding AAR findings
- In Favour of : Assessee
- Citation Number : TS-1503-HC-2026(DEL)
High Court
HC: Quashes Sec. 270A penalty on CSR deduction, education-cess and royalty adjustment, being contrary to statutory scheme
- In Favour of : Assessee
- Citation Number : TS-1493-HC-2026(BOM)
High Court
HC: Condones 34 days ITR delay caused by COVID-19 and delayed statutory audit beyond Assessee’s control
- In Favour of : Assessee
- Citation Number : TS-1495-HC-2026(P & H)
High Court
HC: Sufficient cause established for 1000-day delay in Sec. 264 revision; Restores matter for reconsideration
- In Favour of : Both, Partially
- Citation Number : TS-1482-HC-2026(KAR)
Income tax Appellate Tribunal
ITAT: Deletes addition basis unauthenticated pen-drive, evidence lacking Sec. 65B certification & uncorroborated surrendered income
- In Favour of : Assessee
- Citation Number : TS-1502-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Upholds revisionary jurisdiction on AO's failure to examine Sec. 80AC condition before allowing Sec. 80P deduction
- In Favour of : Assessee
- Citation Number : TS-1501-ITAT-2026(JPR)
High Court
HC: Upholds revisionary order directing fresh examination of TDS liability discharge
- In Favour of : Revenue
- Citation Number : TS-1454-HC-2026(CAL)
High Court
HC: Quashes reassessment based on roving inquiry; Disregarding Assessee’s evidence vitiates proceedings
- In Favour of : Assessee
- Citation Number : TS-1456-HC-2026(TEL)
High Court
HC: Quashes reassessment u/s 148 for curtailed reply period & non-consideration of Assessee’s online response to SCN
- In Favour of : Assessee
- Citation Number : TS-1452-HC-2026(DEL)
High Court
HC: Prompt service of complaint facilitates prompt compounding; Rejects enhancement as application filed within stipulated period
- In Favour of : Assessee
- Citation Number : TS-1420-HC-2026(BOM)
High Court
HC: Quashes Sec. 201 order on non-taxable grading fees paid to non-resident parent company; Binding precedent cannot be disregarded
- In Favour of : Assessee
- Citation Number : TS-1451-HC-2026(BOM)
Income tax Appellate Tribunal
ITAT: Sets aside Sec. 69A addition on verifiable cash gift despite belated explanation; Remits for denovo adjudication
- In Favour of : Assessee
- Citation Number : TS-1450-ITAT-2026(CHNY)
Income tax Appellate Tribunal
ITAT: Revaluation surplus taxable in partnership firms' hands u/s 45(4), not in retiring partners' hands
- In Favour of : Assessee
- Citation Number : TS-1447-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: Quashes Sec. 270A penalty where reassessment return accepted without addition & explanation found bona fide
- In Favour of : Assessee
- Citation Number : TS-1455-ITAT-2026(Bang)
High Court
HC: Condones 2-day delay in Form 10B filing, restores Sec. 11 exemption of religious trust
- In Favour of : Assessee
- Citation Number : TS-1380-HC-2026(BOM)
High Court
HC: Quashes reassessment over unsigned & undated Sec. 148 notice; Revenue failed to disprove claim of unsigned notice
- In Favour of : Assessee
- Citation Number : TS-1396-HC-2026(BOM)
Income tax Appellate Tribunal
ITAT: Refuses to condone 11 years delay to former cricketer; Subsequent favourable ruling cannot excuse prolonged conscious inaction
- In Favour of : Revenue
- Citation Number : TS-1397-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Sec. 12AB renewal cannot be denied where payments for asset protection neither divert funds nor benefit trustees
- In Favour of : Assessee
- Citation Number : TS-1395-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Outstanding creditors discharged in subsequent year, proves absence of remission or cessation in present year; Deletes addition u/s 41(1)
- In Favour of : Assessee
- Citation Number : TS-1398-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Expanded municipal limits on transfer date determine distance for agricultural-land exemption u/s 2(14)(iii); Remand for denovo adjudication
- In Favour of : Assessee
- Citation Number : TS-1403-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 50C addition as consideration crystallised under BIFR scheme before registration through banking advances
- In Favour of : Assessee
- Citation Number : TS-1404-ITAT-2026(CHNY)
High Court
HC: Holds bona fide delay in return filing cannot deny TDS credit as attributable to pending Advance Ruling outcome
- In Favour of : Assessee
- Citation Number : TS-1340-HC-2026(DEL)
High Court
HC: Upholds Sun Pharma Sikkim’s Sec. 80IE deduction claim on transfer of undertaking; Rejects Revenue’s business reconstruction allegation
- In Favour of : Assessee
- Citation Number : TS-1352-HC-2026(GUJ)
Income tax Appellate Tribunal
ITAT: Accumulated income u/s 11(2) applied charitably cannot attract tax u/s 115BBI due to reporting mismatch
- In Favour of : Assessee
- Citation Number : TS-1353-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 69A addition on forex cash deposits held as business receipts sans any finding of bogus purchases
- In Favour of : Both, Partially
- Citation Number : TS-1351-ITAT-2026(Kol)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 68 addition on unexplained loans as primary onus discharged & loan repaid via banking channel
- In Favour of : Assessee
- Citation Number : TS-1349-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Interest on enhanced land acquisition compensation taxable as ‘Other Sources’ income u/s 56(2)(viii); Follows Mahendra Pal Narang ruling
- In Favour of : Assessee
- Citation Number : TS-1350-ITAT-2026(CHANDI)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 69A addition on forex cash deposits held as business receipts sans any finding of bogus purchases
- In Favour of : Both, Partially
- Citation Number : TS-1351-ITAT-2026(Kol)
Income tax Appellate Tribunal
ITAT: Pre-schooling activities qualifies as “education” u/s 2(15); Affiliation with competent authority not mandatory for charitable registration
- In Favour of : Assessee
- Citation Number : TS-1341-ITAT-2026(DEL)
High Court
HC: Upholds deduction for provision towards contractual future road repairs u/s 37(1) despite subsequent expenditure
- In Favour of : Assessee
- Citation Number : TS-1291-HC-2026(BOM)
High Court
HC: Condones Revenue’s appeal-filing delay of 156 days, bonafide administrative reason constitutes ‘sufficient cause’
- In Favour of : Assessee
- Citation Number : TS-1289-HC-2026(BOM)
Income tax Appellate Tribunal
ITAT: Deletes penalty u/s 270A on bonafide TDS interpretation despite confirmed quantum disallowance
- In Favour of : Assessee
- Citation Number : TS-1290-ITAT-2026(DEL)
High Court
HC: Penalty notice requires mention of specific clause u/s 271(1)(c) on which penalty seeks to be imposed
- In Favour of : Assessee
- Citation Number : TS-1281-HC-2026(DEL)
Income tax Appellate Tribunal
ITAT: REC sale proceeds non-taxable capital receipts, excludible from book profits u/s 115JB; Section 80IA inapplicable
- In Favour of : Assessee
- Citation Number : TS-1296-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Restricts taxation of doctor’s professional receipts to 50% despite non-filing of ITR; Follows consistent presumptive treatment
- In Favour of : Assessee
- Citation Number : TS-1295-ITAT-2026(CHNY)
Income tax Appellate Tribunal
ITAT: CIT(A)’s direction to reopen assessment for different AY beyond jurisdiction; Quashes reassessment
- In Favour of : Assessee
- Citation Number : TS-1293-ITAT-2026(Rjt)
Income tax Appellate Tribunal
ITAT: Deletes Sec.69 addition on stamp-duty payment as ITR established receipt from father-in-law
- In Favour of : Assessee
- Citation Number : TS-1297-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: TDS provisions inapplicable for relevant AY, being first year for tax audit; Deletes penalty u/s 271(1)(c)
- In Favour of : Assessee
- Citation Number : TS-1251-ITAT-2026(Mum)
High Court
HC: Quashes CIT(A), ITAT orders on incorrect tax computation; Directs fresh Sec. 234B interest calculation
- In Favour of : Assessee
- Citation Number : TS-1227-HC-2026(DEL)
Income tax Appellate Tribunal
ITAT: Sets aside Sec. 271B penalty for F&O turnover verification under ICAI Guidance Note; Remits back for denovo adjudication
- In Favour of : Assessee
- Citation Number : TS-1240-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: TDS deduction or payer’s accounting treatment cannot establish accrual of income sans any proof of services rendered; Deletes addition
- In Favour of : Assessee
- Citation Number : TS-1243-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Deletes disallowance of depreciation on goodwill against Capgemini, as transaction not a colorable device
- In Favour of : Assessee
- Citation Number : TS-1246-ITAT-2026(PUN)
Income tax Appellate Tribunal
ITAT: Outstanding trade liability recorded in books sans any write off or remission, not cessation u/s 41(1)
- In Favour of : Assessee
- Citation Number : TS-1247-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 69A protective addition for seized jewellery, as already substantively assessed in owner’s hands
- In Favour of : Assessee
- Citation Number : TS-1242-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Upholds Sec. 263 revision for AO's failure to invoke Sec. 69A/69B on undisclosed investment & cash
- In Favour of : Assessee
- Citation Number : TS-1225-ITAT-2026(PAT)
Income tax Appellate Tribunal
ITAT: Disallowance u/s 43B unsustainable on unclaimed GST liability in profit & loss account
- In Favour of : Assessee
- Citation Number : TS-1244-ITAT-2026(Bang)
Income tax Appellate Tribunal
ITAT: No TDS on payment to Indian PE due to loss return, attracts retrospective second-proviso protection; Deletes Sec. 40(a)(i) disallowance
- In Favour of : Assessee
- Citation Number : TS-1199-ITAT-2026(Bang)
Income tax Appellate Tribunal
ITAT: Sets aside Sec. 12AB rejection as activities commenced during pendency & condonation request remained unconsidered
- In Favour of : Assessee
- Citation Number : TS-1198-ITAT-2026(Bang)
Income tax Appellate Tribunal
ITAT: Sole executor’s estate taxable u/s 168(1)(a) at individual slab rates, not MMR, on will verification
- In Favour of : Assessee
- Citation Number : TS-1211-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Satellite transponder services payments, not royalty; Sophisticated technology use insufficient to characterise payment as royalty
- In Favour of : Assessee
- Citation Number : TS-1209-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Assessment invalid due to mechanical approval u/s 153D; Sec. 292BC retro amendment inapplicable to approval before April 2021
- In Favour of : Assessee
- Citation Number : TS-1210-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Upholds validity of reassessment; Rejects non-service of Sec.143(2) notice & non-mentioning of DIN plea
- In Favour of : Revenue
- Citation Number : TS-1196-ITAT-2026(HYD)
Income tax Appellate Tribunal
ITAT: Rejection of appeal solely for non-appearance without addressing merits, unsustainable; Quashes CIT(A) order
- In Favour of : Assessee
- Citation Number : TS-1203-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Non-issuance of Sec.143(2) notice a 'foundational infirmity', quashes reassessment
- In Favour of : Assessee
- Citation Number : TS-1201-ITAT-2026(PUN)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 43CA addition as pre-enactment agreement & substantial consideration received despite subsequent registration
- In Favour of : Assessee
- Citation Number : TS-1197-ITAT-2026(JPR)
Income tax Appellate Tribunal
ITAT: Allows depreciation on goodwill & non-compete fees as revenue expenditure, generated out of slump sale
- In Favour of : Assessee
- Citation Number : TS-1206-ITAT-2026(Mum)
High Court
HC: Quashes reassessment against NRI sans issuance of draft assessment order u/s 144C; Cites AO lacks jurisdiction
- In Favour of : Assessee
- Citation Number : TS-1157-HC-2026(BOM)
High Court
HC: HC: Deletes Sec. 10A deduction disallowance as higher margin alone insufficient to establish profit-inflation arrangement
- In Favour of : Assessee
- Citation Number : TS-1167-HC-2026(BOM)
Income tax Appellate Tribunal
ITAT: Quashes reassessment for AY 2015-16, cites third-fourth proviso exclusions cannot revive time-barred proceedings
- In Favour of : Assessee
- Citation Number : TS-1165-ITAT-2026(COCH)
Income tax Appellate Tribunal
ITAT: ITAT: Restores year-end provision disallowance for de novo verification for Maersk India; Subsequent party-wise break-up alone insufficient
- In Favour of : Assessee
- Citation Number : TS-1158-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Quashes Sec. 153C notice for AY 2015-16; 6-year period reckons from AO’s receipt of incriminating material
- In Favour of : Assessee
- Citation Number : TS-1164-ITAT-2026(VIZ)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 68 addition on share premium where investor identity, creditworthiness & genuineness is established
- In Favour of : Assessee
- Citation Number : TS-1161-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: ITAT: Mechanical approval u/s 153D, vitiates assessment; Sec. 292BC retro amendment inapplicable to approval before April 2021
- In Favour of : Assessee
- Citation Number : TS-1166-ITAT-2026(DEL)
High Court
HC: Directs issue of reduced TDS certificate to Schlumberger basis consistent past approach; Quashes Sec. 197 certificate
- In Favour of : Assessee
- Citation Number : TS-1121-HC-2026(DEL)
Income tax Appellate Tribunal
ITAT: Holds transportation to students as commercial activity, not charitable u/s 2(15); Rejects Sec. 12AB registration
- In Favour of : Revenue
- Citation Number : TS-1119-ITAT-2026(CHANDI)
Income tax Appellate Tribunal
ITAT: Denies Sec. 80GGC deduction as political donation remains unproved; Accommodation-entry evidence outweighs bank payment
- In Favour of : Revenue
- Citation Number : TS-1120-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: ITAT: Omission to exclude stock-in-trade under Rule 8D(2)(iii), rectifiable mistake apparent from record u/s 254
- In Favour of : Assessee
- Citation Number : TS-1122-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Holds Malaysian Software purchase not royalty under DTAA; Sec. 195 TDS provision inapplicable
- In Favour of : Assessee
- Citation Number : TS-1118-ITAT-2026(HYD)
Income tax Appellate Tribunal
ITAT: Allows expenditure incurred on ESOP u/s 37(1); Follows Biocon ruling
- In Favour of : Assessee
- Citation Number : TS-1117-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Deletes estimated forex loss disallowance against Vodafone Idea where revenue nature is proven & capital-related fluctuation capitalised
- In Favour of : Assessee
- Citation Number : TS-1110-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Loss arising on restatement liability, capital in nature not revenue; Upholds disallowance of foreign exchange fluctuation loss
- In Favour of : Revenue
- Citation Number : TS-1123-ITAT-2026(CHNY)
High Court
HC: Sec. 54F deduction cannot be denied for construction delay beyond 3 years, as not in Assessee’s control
- In Favour of : Assessee
- Citation Number : TS-1077-HC-2026(TEL)
High Court
HC: Sets-aside reassessment notice as barred by limitation u/s 149(1) following Rajeev Bansal; Quashes reassessment
- In Favour of : Assessee
- Citation Number : TS-1076-HC-2026(MAD)
Income tax Appellate Tribunal
ITAT: Restores matter on allowability of expenses on cessation of branch office, sans expense details
- In Favour of : Both, Partially
- Citation Number : TS-1073-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Rejects condonation of 2300 days delay due to gross negligence, defective authority documents & absence of bona fide sufficient cause
- In Favour of : Assessee
- Citation Number : TS-1070-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: Grants Sec. 12A registration to vocational society despite lack of affiliation sans profit motive
- In Favour of : Assessee
- Citation Number : TS-1074-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Quashes reassessment u/s 148 solely based on third party search material bypassing procedure u/s 153C
- In Favour of : Assessee
- Citation Number : TS-1075-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Not supplying Sec. 133(6) responses to Assessee, violation of priciple of natural justice; Restore matter
- In Favour of : Assessee
- Citation Number : TS-1067-ITAT-2026(Mum)
High Court
HC: PCIT’s perfunctory rejection of Form 10DA delay condonation violates Sec.119(2)(b) genuine-hardship statutory mandate
- In Favour of : Assessee
- Citation Number : TS-1029-HC-2026(GUJ)
Income tax Appellate Tribunal
ITAT: Charging for treatment doesn't liquidate charity; Rejects cancellation of Sec 12AB registration of Breach Candy Trust
- In Favour of : Assessee
- Citation Number : TS-1018-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Sec. 80G approval denial unjustified sans factual finding of religious activities; Rejects selective interpretation of MOA clause
- In Favour of : Assessee
- Citation Number : TS-1027-ITAT-2026(CHANDI)
Income tax Appellate Tribunal
ITAT: Cannot tax separate amenities/maintenance charges as rental income due to premises being let out, taxable as business income
- In Favour of : Assessee
- Citation Number : TS-1028-ITAT-2026(DEL)
Income tax Appellate Tribunal
ITAT: Section 56(2)(x) inapplicable to stamp-duty differential on rural agricultural land acquired for proposed solar project
- In Favour of : Assessee
- Citation Number : TS-1032-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Allows Sec.80P deduction on interest income of cooperative society; Distinguishes Totgars Co-operative ruling
- In Favour of : Assessee
- Citation Number : TS-1031-ITAT-2026(Bang)
Income tax Appellate Tribunal
ITAT: Confirms additions of 0.05% of total credit as bank account utilized for routing accommodation entries
- In Favour of : Revenue
- Citation Number : TS-1033-ITAT-2026(Mum)
High Court
HC: Draft assessment order u/s 144B mandatory only for eligible Assessee; Upholds assessment order against partnership firm
- In Favour of : Revenue
- Citation Number : TS-981-HC-2026(KER)
High Court
HC: Upholds Bata’s VRS/loss-of-salary TDS upon workmen failure to furnish Form 10E u/s 89 relief; Directs refund on fresh return
- In Favour of : Assessee
- Citation Number : TS-987-HC-2026(MAD)
High Court
HC: Quashes reassessment notice u/s 148 as beyond permissible period of 10 years u/s 153A
- In Favour of : Assessee
- Citation Number : TS-978-HC-2026(GUJ)
Income tax Appellate Tribunal
ITAT: Allows full debenture discount deduction in year of issue, rejects Revenue’s amortisation plea
- In Favour of : Assessee
- Citation Number : TS-988-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Restricts Sec. 69A addition on undisclosed bank credits to 8% profit element where withdrawals followed
- In Favour of : Assessee
- Citation Number : TS-976-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: Restricts dividend distribution tax u/s Sec. 115-O on Swiss shareholder dividends to 10% under India-Switzerland DTAA
- In Favour of : Assessee
- Citation Number : TS-975-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Deletes addition towards alleged accommodation entry sans no corroborative evidence
- In Favour of : Assessee
- Citation Number : TS-989-ITAT-2026(Mum)
Income tax Appellate Tribunal
ITAT: Denial of Sec. 11 exemption shall be restricted to extent of Sec. 13(3) violations
- In Favour of : Assessee
- Citation Number : TS-986-ITAT-2026(DEL)
High Court
HC: Quashes Sec. 271(1)(c) penalty as time-barred order giving effect rendered assessment proceedings abated
- In Favour of : Assessee
- Citation Number : TS-950-HC-2026(BOM)
High Court
HC: Upholds Sec. 127 intra-city transfer of AO, as no prior hearing required; Rejects Assessee's procedural irregularity plea
- In Favour of : Assessee
- Citation Number : TS-943-HC-2026(TEL)
High Court
HC: Assessment u/s 144B completed in undue haste against PwC, at fag end of limitation; Directs denovo adjudication
- In Favour of : Assessee
- Citation Number : TS-942-HC-2026(CAL)
High Court
HC: Sets aside ITAT order for non-adjudication of non-compliance with Sec. 144B jurisdictional issue along with merits
- In Favour of : Assessee
- Citation Number : TS-948-HC-2026(BOM)
Income tax Appellate Tribunal
ITAT: Deletes Sec. 69A cash deposit addition routed through suspicious society; Remits back for denovo adjudication
- In Favour of : Assessee
- Citation Number : TS-949-ITAT-2026(Ahd)
Income tax Appellate Tribunal
ITAT: Form 26AS mismatch alone cannot justify extrapolated addition, if audited books substantially reconcile; Deletes addition
- In Favour of : Assessee
- Citation Number : TS-951-ITAT-2026(PUN)