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ITAT Delhi Upholds Deletion of Section 14A Disallowance for NBFC: Provision for Diminution in Value of Securities Held as Stock-in-Trade Allowed as Deduction

ITAT Delhi Upholds Deletion of Section 14A Disallowance for NBFC: Provision for Diminution in Value of Securities Held as Stock-in-Trade Allowed as Deduction

  • April 3, 2026
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ITAT Delhi held aborted IPO expenses as revenue in nature and ruled forward contract loss not speculative; product development expenses also allowable.

ITAT Delhi: Aborted IPO Expenses Held Revenue in Nature; Forward Contract Loss Not Speculative and Product Development Expenses Allowable

  • March 25, 2026
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ITAT Delhi: Section 263 Cannot Be Invoked Where Return Is Filed Under Presumptive Taxation Scheme of Section 44AD

  • March 24, 2026
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Updated ITR Filed Without Assessee’s Knowledge? Tribunal’s Verdict Explained - TaxUnplug

Updated ITR Filed Without Assessee’s Knowledge? Here’s How the Tribunal Handled It

  • August 26, 2025
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Bombay HC Quashes Income Tax Notice

Bombay High Court Quashes Income Tax Notice and Order Issued in the Name of a Deceased Person as Prior Intimation about Death Was Served

  • April 2, 2025
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ITAT Quashes Reassessment Order

ITAT Quashes Reassessment Order: Non-Furnishing or Incomplete Reasons Make Reassessment Invalid

  • March 25, 2025
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Latest Posts

  • Andhra Pradesh High Court Sets Aside Unsigned GST Assessment Order
    Andhra Pradesh High Court Sets Aside Unsigned GST Assessment Order
    June 23, 2026
  • ITAT Kolkata Directs Grant of Additional Interest under Section 244A(1A) for Delay in Giving Appeal Effect
    ITAT Kolkata Directs Grant of Additional Interest under Section 244A(1A) for Delay in Giving Appeal Effect
    June 8, 2026
  • Bombay High Court Grants Interim Relief: No Additional 10% GST Pre-Deposit Required Where Demand Arises Due to Bona Fide Error
    Bombay High Court Grants Interim Relief: No Additional 10% GST Pre-Deposit Required Where Demand Arises Due to Bona Fide Error
    May 30, 2026

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