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ITAT Chennai Allows Income Tax Deduction U/s 54F On Construction Of New Residential Unit

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Direct Tax

Purchase Of ‘Jaguar’ Not A Charitable Activities; Chennai ITAT Denies Income Tax Exemption

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Direct Tax

Faceless Assessment Provisions Applicable On International Taxation Charge: Bombay High Court

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Direct Tax

Income Tax Reassessment Show Cause Notices Issued In International Tax Charges Not Exempted To Follow Statutory Faceless Procedure: Telangana High Court

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Direct Tax

Order Passed In appeal U/S 35(2) Of Revenue Code Is Revisable Under Section 210: Allahabad High Court

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Direct Tax

Nature Of Social Welfare Expenditure Can’t Be Altered Merely For Having Its Presence In Settlement Memorandum: Bombay High Court

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Direct Tax

Interest Earned And Dividend Income From Co-Operative Societies/Banks To Be Taken Into Account While Granting Income Tax Deduction: ITAT

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Direct Tax

Reassessment Notice To Be Issued By FAO And Not JAO: Bombay High Court

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Direct Tax

Income Tax Addition Can Be Made Only On Proper Proof Of Bogus Purchases: Bombay High Court

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Direct Tax

No Income Earned On Funds Remitted In India Used For Subscription In Securities, Delhi High Court Quashes Reassessment Order

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Direct Tax

Once Principal Grounds Of Reassessment Dropped, No Further Income Tax Additions Can Be Made: Delhi High Court

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Direct Tax

Delhi High Court Upholds ITAT’s Order Allowing Customs-Duty Adjustment On Import Of Watches

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