The Latest Breaking News from Tribunal

Supreme Court adjourns suo motu case on NCLT vacancies, infrastructure; says appointments process underway

The Supreme Court has postponed a hearing on NCLT member appointments and infrastructure. The court noted that the appointment process for tribunal members is currently underway. This suo motu case addresses significant delays in judicial and technical member appointments. It also covers concerns regarding inadequate infrastructure and the tribunal's disposal…

The Economic Times · Jul 14

Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT Chennai

A Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially denied by the tax department. The Income Tax Appellate Tribunal (ITAT) ruled in his favour, citing the COVID-19 pandemic as an extraordinary circumstance beyond his control. The tribunal emphasized a…

The Economic Times · Jul 6

Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reason

A Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh refund. The Income Tax Appellate Tribunal (ITAT) Delhi intervened, ruling that withholding the refund on a technicality would amount to unjust enrichment. The tribunal emphasized…

The Economic Times · Jul 4

Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITAT

Dolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The ITAT Chennai ruled she is an investor, not a trader, allowing the loss to be treated as a capital loss. This decision was supported by a 2016 CBDT circular…

The Economic Times · Jun 18

Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rules

A woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her favor, accepting her explanation for cash deposits from a property sale and sale of household items. The tribunal noted individual transactions for household items were below the Rs…

The Economic Times · Jun 12

SC upholds National Green Tribunal order that landlord cannot be liable for environmental violations committed by tenant

The Supreme Court has ruled that landlords are not responsible for environmental breaches by their tenants' chemical units. This decision upholds a National Green Tribunal order. The Gujarat Pollution Control Board had sought to hold a landlord liable for a tenant's unit. The court's ruling provides clarity on landlord responsibilities…

The Economic Times · Jun 8

SC upholds NGT order that landlord cannot be liable for environmental violations committed by tenant

The Supreme Court has ruled that landlords are not responsible for environmental breaches by their tenants' chemical units. This decision upholds a National Green Tribunal order. The Gujarat Pollution Control Board had sought to hold a landlord liable for a tenant's unit. The court's ruling provides clarity on landlord responsibility…

The Economic Times · Jun 8

Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declaration

Mr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted shares. The ITAT Delhi ruled that depositing unutilized funds in the Capital Gains Account Scheme was unnecessary as the property was purchased before filing the ITR. The tribunal also…

The Economic Times · Jun 8

UK Renters Right Act: Landlords can’t use rent increase clause as an indirect means to evict tenants; Here’s the new process of increasing rent

Big news for UK renters. From May 1, 2026, landlords can no longer use rent review clauses to hike rents. They must now follow a specific legal process. This change aims to prevent unfair rent hikes and backdoor evictions. Tenants can challenge proposed increases if they seem too high.

The Economic Times · Jun 4

Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT Chennai

A Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying a new one from her son-in-law. The ITAT Chennai ruled in her favor, upholding the validity of registered documents and bank transactions, and deleting additions made…

The Economic Times · Jun 2