ITAT Holds A Taxpayer Must Be Granted Minimum 7-Day Time Limit to Respond A Section 148(b) Notice

ITAT Holds A Taxpayer Must Be Granted Minimum 7-Day Time Limit to Respond A Section 148(b) Notice The ITAT Bangalore […]

ITAT Remands Addition Made on Property Purchase Value Difference And Directs Fresh Examination of the Addition under Section 56(2)(x)

ITAT Remands Addition Made on Property Purchase Value Difference And Directs Fresh Examination of the Addition under Section 56(2)(x) The […]

ITAT Restricts Addition And Holds AO Cannot Multiply Seized Figure by 100 Without Supporting Evidence

ITAT Restricts Addition And Holds AO Cannot Multiply Seized Figure by 100 Without Supporting Evidence The Income Tax Appellate Tribunal […]

HC Strikes Down Reopening of Accepted Section 80-IA Claim

HC Strikes Down Reopening of Accepted Section 80-IA Claim The Bombay High Court quashed reassessment proceedings initiated against Chennai Container […]

ITAT Rules Rental Receipts Still Taxable as House Property Income

Charging GST on Rent Doesn’t Make It Business Income: ITAT Rules Rental Receipts Still Taxable as House Property Income The […]

Commodity Trader’s Rs. 2.48 Crore NSEL Transactions Drew Tax Scrutiny; ITAT Cancels Reassessment Over Rs. 4.27 Lakh Profit

Commodity Trader’s Rs. 2.48 Crore NSEL Transactions Drew Tax Scrutiny; ITAT Cancels Reassessment Over Rs. 4.27 Lakh Profit The Income […]

ITAT Mumbai Remands Rs 71.20 Lakh Addition Against NRI And Directs Fresh Adjudication

ITAT Mumbai Remands Rs 71.20 Lakh Addition Against NRI And Directs Fresh Adjudication The Income Tax Appellant Tribunal (ITAT) Mumbai […]

Transport Business Receipts or Undisclosed Income? ITAT Remands Rs 34.86 Lakh Cash Deposit Addition Case

Transport Business Receipts or Undisclosed Income? ITAT Remands Rs 34.86 Lakh Cash Deposit Addition Case The Income Tax Appellate Tribunal […]

HC Quashes Reassessment Where Cancelled Sale Deeds Show No Real Income Accrued

HC Quashes Reassessment Where Cancelled Sale Deeds Show No Real Income Accrued Gopal Bhachabhai Jatiya challenged reassessment proceedings initiated by […]

HC Upholds Validity of Section 148 Notice Issued on Last Day of Limitation

HC Upholds Validity of Section 148 Notice Issued on Last Day of Limitation Perin Exim LLP filed writ petitions challenging […]