[ Tribunals ]
The Ahmedabad Tribunal dismissed all twelve Revenue grounds covering transfer pricing, forex hedging losses and R&D deductions, while partly allowing Cadila Pharmaceuticals' cross-appeal on weighted deduction and bonus payment.
2026-05-29 · 9 min read
[ Tribunals ]
ITAT Ahmedabad allows assessee's cross-appeals across four assessment years, dismisses Revenue's challenge to 100% section 80-IC deduction for Baddi Unit after substantial expansion.
2026-05-29 · 8 min read
[ Tribunals ]
The Ahmedabad ITAT remanded on-money additions totalling crores against multiple members of the Popular Group, holding a single handwritten loose sheet could not sustain Section 69A additions without corroborative evidence.
2026-05-29 · 9 min read
[ Tribunals ]
Ahmedabad ITAT remands on-money additions against Popular Group sellers, holding a handwritten loose sheet without cash trail or corroboration cannot sustain section 69A additions.
2026-05-27 · 9 min read