CourtKutchehry Blog

Curated legal news, case breakdowns, and workflow tips for fast-moving practitioners.

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Court News

Delhi ITAT Rules: Partners’ Business Expenses Are Tax-Deductible, Relief Granted to Former ICAI President Atul Gupta

Delhi ITAT rules that partners’ professional expenses—travel, fuel, phone, vehicle depreciation—are tax-deductible against partner remuneration. The landmark judgment in favor of …

Court News

ITAT Mumbai Says Stock Write-Down Cannot Be Disallowed Without Evidence, Remands Case for Fresh Hearing

ITAT Mumbai has ruled that stock write-down disallowance under Section 37(1) is unjustified without verifying evidence. The tribunal set aside the CIT(A) order in Ador Welding Lim…