Category: Judgments

Requirement for filing Form 67 for claiming Foreign Tax Credit (FTC) is only directory and not mandatory – ITAT In a recent judgment, ITAT Allahabad has reiterated that requirement for filing Form 67 for claiming Foreign Tax Credit (FTC) is only directory and not mandatory, recourse to provisions …

Limitation for invoking revisional jurisdiction u/s 263 with respect to issues not covered in re-assessment would start from the original Assessment Order – ITAT In a recent judgment, ITAT has held that limitation for PCIT to invoke revisionary jurisdiction u/s 263 of the Income Tax Act, 1961 (the …

AO not justified in rejecting registered valuer’s report without making a reference to the DVO – ITAT In a recent judgment, ITAT has held that AO was not justified in rejecting the registered valuer’s report and taking the cost of improvement as Nil, without making a reference to …

Assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent company In a recent judgment, ITAT has held that the assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent non-resident company towards IT …

Temporarily blocking public access to Telegram App under section 69A of IT Act 2000 is not disproportionate – Delhi HC In a recent judgment Delhi High Court upheld the action of Government of India in temporarily blocking public access to Telegram Application ABCAUS Case Law Citation: 5172 (2026) …

High Court explains the meaning of term ‘enterprise’ appearing in section 80IA to means a project or an undertaking owned by a company registered in India In a recent judgment, the High Court has held that the term ‘enterprise’ appearing in section 80IA means a project or an …

Addition deleted as assessee was only a carrier of cash and the real owner had come forward owning the cash In a recent judgment, ITAT Agra has held that there was no need for addition in the hands of the assessee who was only a carrier of cash …

Lokayukta Police not an ‘intelligence and security’ organisation  and hence not exempt from disclosure of information under RTI Act 2005 In a recent judgment, Hon’ble Supreme Court has held that Lokayukta Police not an ‘intelligence and security’ organisation  and hence not exempt from disclosure of information under RTI …

Payment of imprest whether a transfer within the meaning of section 269ST – case remanded for determination In a recent judgment, ITAT has set aside the penalty u/s 271D and remanded the case for determination of whether payment of imprest constitutes a transfer within the meaning of section …

CA Misconduct – Appellate order quashed as final judgment was not passed by same members who heard arguments. In a recent judgment, Hon’ble High Court quashed the decision of ICAI Appellate Authority as the final judgment was not passed by the same members who heard the arguments. ABCAUS …