TNMM Margin Comparison Must Apply Depreciation Consistently, Rules ITAT Kolkata
ITAT Kolkata deletes ₹1.13 crore TP adjustment after finding depreciation was treated inconsistently for the assessee and comparables.
Kolkata ITAT Deletes ₹38.95 Lakh Section 69C Additions on Documentary Evidence
CIT(A) Order Set Aside for Lack of Hearing and Merits Adjudication: ITAT Kolkata
Section 148A(b) Notice Without Seven Clear Days Quashed by ITAT Cuttack
ITAT Surat Restricts Unaccounted Purchase Addition to Profit Under Section 44AD
ITAT Nagpur Quashes Section 271(1)(c) Penalty for Limitation Delay
CIT(A) Cannot Dismiss Ex-Parte Appeal Without Merits Adjudication: ITAT Nagpur
Rule 31ACB Filing Lapse Cannot Sustain Section 40(a)(ia) Disallowance: ITAT Bangalore
Speed Money Paid to Port Labourers: ITAT Bangalore Applies Consistency Principle
ICAI Guidance Note on Financial Statements of Non-Corporate Entities: Phase II from April 1, 2026
Analysis of Notifications and Circulars for Week Ending 6th September 2026
ICAI Organises Convocation Across 23 Centres for 8,964 CAs
Chandigarh CAs Seek Extension of Tax Audit, 10B/10BB & ITR Due Dates for AY 2026-27
ITAT Bangalore Deletes Section 68 Addition for Duplicate ITR Disclosure
ITAT Bangalore deletes Section 68 addition where partnership profit was mistakenly reported twice in Schedule EI without any double credit in the books.
Section 54EC ₹50 Lakh Limit Applied Per Financial Year: ITAT Bangalore
ITAT Bangalore holds pre-AY 2015-16 Section 54EC limit applied per financial year and allows ₹71 lakh invested within six months.
8% Income Estimation on Unproved Commission Business Upheld: ITAT Nagpur
ITAT Nagpur upholds 8% profit estimation as assessee failed to prove cash deposits arose from commission agency business.
Author was Member of ICAI- Capacity Building Committee 2010-11 and ICAI- Committee for Direct Taxes 2011-12…
I am Delhi Delhi-based advocate specializing in tax litigation and advisory, especially to corporates. I represent…
Contributor on tax, GST and corporate-law developments.
