Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws----
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    IBC moratorium does not halt MPID attachment proceedings where no debt or debtor-creditor relationship exists.
    Insolvency auction sales require fair notice, full disclosure and value maximisation; cumulative procedural lapses can justify re-auction.
    Resolution professional remarks partly sustained as delay in filings stood proved, but progress-report and canvassing allegations failed.
    Scheme implementation cannot dilute criminal prosecution; attached assets may be released for investors while charges continue independently.
    Completed auction sale fixes pre-GST tax liability; later GST cannot replace contractual tax terms for timber purchase.
    Section 74 notices need disclosed fraud grounds; absence of hearing and reasons also vitiated GST adjudication.
    GST appeal pre-deposit adjustment must be examined under the portal manual and the VVF (India) principle
    Section 74 demands express allegations of fraud or suppression; vague notices cannot sustain proceedings and orders were set aside.
    Bona fide GST return corrections cannot be rejected merely because earlier disclosures are being amended; notice quashed.
    Tax deduction at source remains mandatory; interim withholding relief refused while advance ruling applications were treated as withdrawn.
    Accrued liability for post-retirement annuity premium is deductible when it secures an existing contractual obligation.
    Reassessment beyond four years barred absent failure of disclosure; reopening on same material was only a change of opinion.
    Penny stock capital gains additions fail where documentary evidence is unrebutted and no specific material proves manipulation.
    Buy-back as corporate reorganisation under the India-Netherlands DTAA keeps gains outside Indian tax when shareholding stays within the group.
    Reassessment notice issued beyond three years needs PCCIT approval under section 151(ii); PCIT sanction was held insufficient.
    ESOP cross-charge deductible as revenue expenditure under section 37(1), following binding precedent on employee compensation.
    Telecom tax disputes: ITAT deleted major transfer pricing and revenue disallowances, while upholding tax on liabilities written back.
    Commercial expediency supports deduction of corporate guarantee settlement payment as business expenditure.
    Section 54 exemption upheld on part performance and possession despite an unregistered property agreement.
    TNMM comparability and foreign tax credit verification shape software transfer pricing relief and working capital adjustment
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Back

All Highlights

whatsapp Join Channel
Showing Results for : Reset Filters

Whether assessee entitled to exemption under section 10(26AAA):...

Domicile recognition for Sikkimese old settlers' tax exemption u/s10(26AAA), unexplained cash gifts and penalty deletion

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Income Tax January 15, 2026 Case Laws AT
Whether assessee entitled to exemption under section 10(26AAA): Tribunal applied Supreme Court ruling that excluding old settlers from definition of Sikkimese was arbitrary under Article 14 and noted retrospective legislative amendment recognizing domicile on or before 26.04.1975, holding old settlers are entitled to parity; exemption allowed. Whether unexplained cash credit under section 68 was gift from relative: Tribunal admitted additional bank and ledger evidence showing donor's creditworthiness and relationship, restored matter to AO for fresh decision. Whether penalty under section 271D for breach of section 269SS attracted: Tribunal found only book/journal entries and third-party cheque payments; penalty deleted. - ITAT

Topics

Acts Income Tax