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CBDT Increases Tax Refund Limit Jurisdiction For Condonation Of Delay In Filing ITR

Now it has become more easier to claim income tax refund in cases of...

Delhi High Court Upholds Income Tax Settlement Commission’s Action In Restricting Interest Liability To Application Admission Date

The Delhi High Court has upheld the action of Income Tax Settlement Commission (ITSC)...

Income Tax Deduction Allowable On Interest Income Earned From Deposits With Co-operative Banks: ITAT

The Income Tax Appellate Tribunal Ahmedabad ruled that the Income Tax deduction is allowable...

Loan Repayment Supports The Genuineness Of Transactions; ITAT Deletes Income Tax Addition

Author: Khushi J PrajapatiThe Income Tax Appellate Tribunal (ITAT) Ahmedabad upheld the decision of...

CBDT Specifying Circumstances For Enquiries/Verification Functions

The Central Board of Direct Taxes has issued order under proviso to Section 144B(5)...

ITAT Deletes Income Tax Addition Sold Based On Statements Recorded Without Corroborative Evidence Of Unaccounted Sales

The Income Tax Appellate Tribunal, Delhi, deleted the income tax addition sold based on...

AO Accepted Co-Owner’s Indexed Renovation Expenses, Assessee Not Required To Produce Documents: Gujarat High Court

The Gujarat High Court has held that the assessing officer (AO) accepted the co-owner's...

Fresh Registration Of Charitable Trusts Could Be Granted Only From Year Of Preferring Application: ITAT     

The Income Tax Appellate Tribunal, Delhi, ruled that fresh registration of charitable trusts could...

Plea Challenging Genuineness Of Transaction Can’t Be Raised In Appeal Before High Court If Not Raised Before ITAT: Karnataka High Court

The Karnataka High Court while dismissing the appeal of the Department held that plea...

Reassessment Notice Issued By JAO Is Invalid: Bombay High Court

The Bombay High Court ruled that reassessment notice issued by JAO is invalid.The bench...

Relief To Vodafone: Supreme Court Dismisses Dept’s SLP On Taxability Of Interconnect Charges And TDS Liability Fastening Basis Retrospective Amendment

The Supreme Court Dismissed the department's Special Leave Petition (SLP) on taxability of interconnect...

Wilful Concealment Of Income: Calcutta High Court Uphold Prosecution 

The Calcutta High Court Upheld the Prosecution against assessee.The bench said that Sri Bachchraj...

Latest articles

Company Must Be Made Accused Before Fastening Vicarious Liability Against Director In GST Prosecution: Punjab & Haryana High Court

The Punjab & Haryana High Court has held that a director cannot be prosecuted...

Coal Beneficiation Not Taxable as ‘Business Auxiliary Service’ Before June 1, 2007: CESTAT

The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New...

CESTAT Upholds Service Tax Demand on Labour Contractor

The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New...

Black Money Act Notice Issued Nearly 1 Year Late, Holds CBDT’s 30-Day Timeline Binding: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed Black Money...