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Latest Supreme Court Verdicts

  1. ACIT vs. Micro Labs Ltd (Supreme Court) While Hon'ble Mr. Justice Anil R. Dave took the view that the judgement of the Delhi High Court in Great Eastern Exports v. Commissioner of Income-Tax2 [2011] 332 ITR 14 (Delhi) lays down the correct .....

  2. CIT vs. Bank Of Nova Scotia (Supreme Court) We have carefully considered the rival submissions. In the instant case we are not dealing with collection of tax u/s 201(1) or compensatory interest u/s 201(1A). The case of the assessee is that thes .....

  3. M/s Ganapathy & Co vs. CIT (Supreme Court) It is well settled that issues of fact determined by the Tribunal are final and the High Court in exercise of its reference jurisdiction should not act as an appellate Court to review such findings of .....

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Latest High Court Verdicts

  1. Pralhad @ Pratap s/o Tanbaji Pawar vs. State of Maharashtra (Bombay High Court) Hon’ble Justice A. B. Chaudhari of the Nagpur Bench of the Bombay High Court has passed severe strictures against the Government for turning a blind eye to the rampant corruption in the Country. The .....

  2. Sun Pharmaceuticals Industries Ltd vs. DCIT (Delhi High Court) The Court holds instruction No. 9 of the CBDT dated 7th November, 2006 cannot possibly override the statutory powers to be exercised by an AO in terms of Section 147 of the Act. In other words the sai .....

  3. Pr. CIT vs. M Tech India P. Ltd (Delhi High Court) In the cases where an Assessee acquires the right to use a software the payment so made would amount to royalty. However in cases where the payments are made for purchase of software as a product, the .....

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Latest ITAT Verdicts

  1. DCIT vs. Syncom Formulations (I) Ltd (ITAT Mumbai) Receiving of gifts by doctors was prohibited by MCI guidelines, giving of the same by manufacturer is not prohibited under any law for the time being in force. Giving small gifts bearing company logo .....

  2. Ideal Appliances Co. Pvt . Ltd vs. DCIT (ITAT Mumbai) Although Section 153 A does not say that additions should be strictly made on the basis of evidence found in the course of the search, or other post-search material or information available with the A .....

  3. Span Overseas Ltd vs. CIT (ITAT Pune) The order of the Assessing Officer may be brief and cryptic but that by itself is not sufficient reason to hold that the assessment order is erroneous and prejudicial to the interest of revenue. It is .....

Latest Useful Information

  1. CBDT Orders For Postings And Transfers Of Commissioners & Directors Of Income-tax The CBDT has vide Orders Nos. 12 and 13 of 2016 dated 03.02.2016 ordered the transfers and postings of several officers in the grade of Commissioner and Director of Income-tax with immediate effect an .....

  2. CBDT Issues Guidelines For Procedure, Formats And Standards For E-Mail Communications With Taxpayers The CBDT has issued Notification No. 2 of 2016 dated 03.02.3016 in which the procedure, Formats and Standards for ensuring secured transmission of electronic communication have been specified in detai .....

  3. CBDT Orders For Postings Of Pr. CCsIT And Promotions Of Addl CsIT To Post Of CsIT The CBDT has vide Orders Nos. 9 and 10 of 2016 dated 29.01.2016 ordered the postings of officers in the grade of Pr. CCIT/ CCIT. Vide Order No. 7 of 2016 dated 21.01.2016, the CBDT has stated that the .....

Latest Articles By Legal Luminaries

  1. Whether A Liability Exists For Filing Return Of Income In Case Of A Foreign Company Earning Non Taxable Income? Chirag Wadhwa has analyzed the raging controversy as to whether a foreign company is liable to furnish a return of its income under section 139(1) of the Income-tax Act, 1961 even though its income is .....

  2. Permanent Establishment: The Continuing Conundrum CA Ashish Karundia has conducted a meticulous study into the weaknesses and failures of the traditional concept of a permanent establishment. He argues, with reference to a multitude of domestic and .....

  3. Deduction Of Interest On Loan A Part Of Which Is Given To Sister/ Subsidiary Concern Without Interest Shri. Akhilesh Kumar Sah, Advocate, has provided valuable perspective on the controversial issue relating to the deduction of interest on loan diverted to sister/ subsidiary concerns without interest. .....

Latest Blog Posts

  1. Good Riddance To The Judges Appointment Act But How To Prevent Skulduggery In Appointment Of Judges? The author, an eminent senior advocate, compliments the Supreme Court for having struck down the National Judicial Appointments Commission Act. He warns that the Act would have, if upheld, grossly und .....

  2. New ITAT Members Should Be Formally Tutored Of Their Duties & Rights Before Being Permitted To Judge Matters The author, an eminent senior advocate, points out that the orders passed by the ITAT have severe ramifications on the taxpayers and the department and that it is essential that its Members undergo ri .....

  3. 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 .....

Latest Forum Discussions

  1. Rampant Corruption in ITAT Recently Hon'ble Nagpur Bench of Bombay High Court in the case of one Chadhry has made severe remarks vis-a-vis corruption in Income Tax Department. And has gone to the extent of saying that peop .....

  2. Depreciation Dear all
    Plz give your views on the issue that when an asset forms part of a block of assets.
    An asset is purchased but not put to use during the previous year of its purchase then whether i .....

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. Subhash S. 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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