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OYO Wins Rs 3,885 Crore Tax Battle: ITAT Delhi Holds Angel Tax Provision Cannot Apply To Intra-Group Capital Infusion [Read Order]
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OYO Wins Rs 3,885 Crore Tax Battle: ITAT Delhi Holds Angel Tax Provision Cannot Apply To Intra-Group Capital Infusion [Read Order]

ITAT Delhi deletes ₹3,885 crore angel tax addition against OYO, holding Section 56(2)(viib) cannot apply to intra-group capital infusion.

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ITAT Mumbai Deletes ₹11.59 Crore Addition Under Section 69A; Broker’s Papers and Retracted Statement Held Insufficient [Read Order] Judiciary
ITAT Mumbai Deletes ₹11.59 Crore Addition Under Section 69A; Broker’s Papers and Retracted Statement Held Insufficient [Read Order]

Mumbai ITAT deletes ₹11.59 crore addition under Section 69A, holding broker’s papers and a retracted statement insufficient to prove alleged on-money receipts.

ITAT Mumbai Upholds Deletion of ₹35.87 Crore Addition on Cash Withdrawals Made for Construction Business [Read Order] Judiciary
ITAT Mumbai Upholds Deletion of ₹35.87 Crore Addition on Cash Withdrawals Made for Construction Business [Read Order]

ITAT Mumbai dismisses Revenue appeals, upholding deletion of ₹35.87 crore addition on cash withdrawals made for construction business expenses.


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