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ITAT Ahmedabad Strikes Down Notional Rent Addition on Builder's Unsold Inventory for AY 2017-18

Summary The ITAT Ahmedabad, in Ramani Brothers vs. DCIT (I.T.A. No. 2444/Ahd/2026, order dated 14 October 2026), has deleted an addition of ...
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Section 80P Deduction Cannot Be Disallowed via CPC Intimation for Belated Return in AY 2019-20: ITAT Rajkot Ruling

Summary The ITAT Rajkot, in the case of Medi Seva Sahakari Mandali Ltd. Vs ADIT (CPC) (ITAT Rajkot) for Assessment Year 2019-20, held that the CPC was ...
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Supreme Court Strikes Down Assam Rural Health Act 2004, Upholds Validity of 2015 Community Health Legislation

Summary The Supreme Court, in Baharul Islam & Ors. Vs Indian Medical Association and Ors., conclusively settled the constitutional fate of the Assam ...
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ITAT Lucknow Deletes Section 68 Addition of ₹1.72 Crore: Cash Sales Backed by Stock Records Cannot Be Treated as Unexplained Credits

Summary The ITAT Lucknow Bench, in the case of Balaji Shakti Bullions & Jewellers Pvt. Ltd. vs. DCIT for Assessment Year 2017–18, granted relief by ...
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ITAT Hyderabad Deletes Transfer Pricing Adjustments on Management Services and AE Receivables in Adama India Case

Summary The decision of the ITAT Hyderabad in Adama India Pvt. Ltd. Vs DCIT reinforces well-established boundaries on the TPO's authority in transfer ...
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ITAT Pune Removes Rs. 30 Lakh Section 69 Addition After Seized Records Point to a Different Buyer

Summary The Pune Bench of ITAT, in Shruti Amar Mehta Vs ACIT (ITA No. 2683/PUN/2026), delivered a practically significant ruling by directing the deletion of ...
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ITAT Ahmedabad Deletes Section 270A Penalty: Mere Withdrawal of Political Donation Deduction Cannot Establish Misreporting of Income

Summary The ITAT Ahmedabad, in Brijesh Rameshbhai Bavarva Vs ITO [I.T.A. No. 179/Ahd/2026], deleted a penalty of ₹5,49,120/- imposed under Section 270A of ...
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ICAI Disciplinary Action: CA Suspended for Two Months Over Unverified Financials and Forged Bank Certificate Claims

Summary The ICAI Disciplinary Committee's order in the case of Superintendent of Police, CBI, Anti-Corruption Branch, Chennai Vs CA T.R. Sarathy reinforces ...
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FDR Interest Must Be Included in Book Profit for Partners' Remuneration Under Section 40(b): ITAT Jaipur Ruling

Summary The ITAT Jaipur, in Shree Shakuntala Industries Vs ITO (ITA No. 1396/JPR/2025), has reaffirmed a well-established judicial position: for the purpose ...
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Kerala High Court: NCLT Lacks Power to Void Registered Sale Deed — Civil Court Jurisdiction Upheld Under Companies Act 2013

Summary The Kerala High Court's ruling in Sathish Kumar Vs Govindankutty establishes a clear boundary between NCLT jurisdiction and civil court jurisdiction ...
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ITAT Jaipur Upholds Deletion of Rs. 5,21,64,013 Additions: Unsecured Loans and CBIC Import Data Mismatch Examined

Summary The ITAT Jaipur's order in ITO Vs Nihal Khandelwal (ITA No. 384/JPR/2026) provides meaningful guidance on the evidentiary standards an ...
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Auto-Populated Email and Duplicate Appeal Filings Cannot Justify Inordinate Delay in Filing Appeal: ITAT Hyderabad

Summary The ITAT Hyderabad, in Vedure Mahender Reddy Vs DCIT, ITA No. 988/Hyd/2026 (order dated 16th October 2026), dismissed an appeal for Assessment ...