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Latest Supreme Court Verdicts

  1. Joshi Technologies International Inc vs. UOI (Supreme Court) First and foremost aspect which has to be kept in mind while answering this issue is that the Income Tax Authorities while making assessment of income of any assessee have to apply the provisions of t .....

  2. CIT vs. Sarkar Builders (Supreme Court) Can it be said that in order to avail the benefit in the assessment years after 1.4.2005, balconies should be removed though these were permitted earlier? Holding so would lead to absurd results as on .....

  3. Seshasayee Paper & Boards Ltd vs. CIT (Supreme Court) Once the unabsorbed carried forward depreciation has become a part of the depreciation of the current year, it is not open to the assessee to bifurcate the two again and exercising its choice to claim .....

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Latest High Court Verdicts

  1. P.M.S Diesels vs. CIT (P&H High Court) The argument that section 40(a)(ia) applies only to amounts which are “payable” and not to amounts that are already “paid” is also not acceptable ( DCIT vs. Vodafone Essar Gujarat Limited (Gujarat High Court) One cannot lost sight of the fact that there may be number of reasons due to which the learned Tribunal is not in a position to decide and dispose of the appeals within the maximum period of 365 days .....

  2. Shailesh Gandhi vs. CIC & Ajit Pawar (Bombay High Court) The details disclosed by a person in his Income Tax Returns is personal information which has been exempted from disclosure under clause (j) of Section 8(1) of the said Act, unless involved a larger p .....

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Latest ITAT Verdicts

  1. DCIT vs. Sham Sunder Sharma (ITAT Chandigarh) It is a clear case of showing disrespect to the order of the Tribunal. Therefore, contempt proceedings could have been initiated against the CIT (A) for blatantly disobeying the order of the Tribunal. .....

  2. Bharat Heavy Electrical Ltd vs. ITO (TDS) (ITAT Delhi) Considering the fact that the issue on merits is yet to be decided by the CIT(A) and being of the view that the findings arrived at in para 5 have not taken into consideration the relevant criteria fo .....

  3. SPS Steel & Power Ltd vs. ACIT (ITAT Kolkata) A charge can be levied on the basis of document only when the document is a speaking one. The document should speak either out of itself or in the company of other material found on investigation and/ .....

Latest Useful Information

  1. CBDT Orders For Promotion Of CCsIT & DGsIT To Pr. CCIT & Posting Orders The CBDT has vide Order No. 90 of 2015 dated 30.06.2015 ordered the promotion of several officers in the grade of Chief Commissioner / Director General of Income Tax to the post of Principal Chief Com .....

  2. CBDT Notifies “Nature Of Business Relationship” That CA Can Have To Be Eligible To Act As “Authorized Representative” Section 288 regulates the appearance by “authorized representatives” before any income-tax authority or the Appellate Tribunal. Sub-clause (viii) of the Explanation below s. 288(2), as amended by .....

  3. Transfer Order Of Hon’ble ITAT Member (June 2015 – II) Vide order dated 24th June 2015 passed by the Hon’ble President pursuant to the consultations with the Collegium of Income Tax Appellate Tribunal, Hon’ble Shri Pramod Kumar, Accountant Member, ITA .....

Latest Articles By Legal Luminaries

  1. We Will Restore Dignity, Majesty and Global Reputation Of Indian Judiciary: Law Minister Hon'ble Shri Sadananda Gowda, the Minister for Law & Justice, has assured that reforms will be ushered in to remove “legal dead wood” in the form of obsolete laws. He has also stated .....

  2. Transfer Pricing & The Law Of Selecting Comparables Shri. K. C. Singhal, former Vice President of the ITAT, has carefully analyzed the judgement of the Delhi High Court in Chryscapital Investment Advisors (India) (P) Ltd vs. CIT [2015] 56 taxmann.com 4 .....

  3. Heads you Quote PAN: Tails you obtain a PAN!!!!! In the light of the judgement of the ITAT Pune in Latest Blog Posts
    1. Can Revenue Launch Prosecution Without Waiting For The Outcome Of Appellate Proceedings? The author expresses concern over the proposal of the Income-tax department to launch prosecution proceedings against taxpayers without waiting for the outcome of the appeals filed by them. He argues .....

    2. Non-Appointment Of ITAT Vice-Presidents Is Disturbing And Will Hinder Motive Of ‘Sulabh Nyay’ (Easy Justice) The author has raised the alarm that appointing the President and Members for the ITAT is not sufficient. He reminds the Government that it also needs to urgently appoint several Vice Presidents to fi .....

    3. Respected ITAT, We Solemnly Pledge To Restore Your Past Glory And Prestige The author, an eminent senior advocate, is deeply anguished that the ITAT, which was at one time hailed as a “Model Tribunal”, is today facing the ignominy of being subjected to repeated .....

    Latest Forum Discussions

    1. Order of set off of loss Dear Experts,

      The Income for the FY 2014-15 is as under-

      Loss from Business = -1,00,000

      Deemed short term capital gain u/s 50 on depreciable asset = 2,00,000

    2. Assessement U/s.144 r.w.s. 147 on L/R of the Deceased with out PAN The Assesseing officer completed the assessement on the Legal Representative with out PAN of the Deceased, and raised tax demand. Does the Assessement Valid and if valid how to pay taxes with out PAN .....

    Latest Digest Of Important Case Laws

    The Digest is prepered by our editorial team by scanning several journals such as BCAJ, CTR, DTR, ITD, ITR, ITR (Trib), Income Tax Review, SOT, Taxman, Taxation, TLR, TTJ, BCAJ, ACAJ, etc.

    Latest Constitution Of ITAT Benches And Cause Lists

    This is the scanned version of the printed Board, signed by the Assistant Registrar, and so it is as reliable as it can get.


    ITAT Bar Association,
    C/o Income Tax Appellate Tribunal,
    Old CGO Building, 4th Floor, Room No. 445 (Library), Maharashi Karve Road, Mumbai 400 020. Tel: (022) 2205 5138, Fax: (022) 2203 6119, E Mail: itatbarassociation@vsnl.com.

    Office Bearers for the year 2015-16: President: Shri. Subash Shetty; Vice Presidents: Smt. Arati Vissanji, Shri. P. J. Pardiwalla; Imm. Past President: Shri. Arun P. Sathe; Hon. Secretaries: Shri Haresh P. Shah & Shri. Nitesh Joshi; Hon. Treasurer: Shri Satish Modi. Advisors: Shri. Arvind H. Dalal, Shri. Y. P. Trivedi, Shri. S. E. Dastur & Dr. K. Shivaram

    Credit: We thank AIFTP for generously allowing us to host a lot of their research material.

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