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Income Tax Reassessment Can Be Initiated On Financial Transactions Liable To Be Taxed Having Escaped Assessment & Not Otherwise: Delhi High Court

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Direct Tax

Income Tax Reassessment Can’t Be Based On Allegations Of Delayed Digital Filling Of Form 10: Delhi High Court

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Direct Tax

Himachal Pradesh High Court Stays Income Tax Reassessment Notice Not Issued In Faceless Manner

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Direct Tax

CBDT Not Empowered Extending Cut-Off Date To Make Section 245C Application: Bombay High Court

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Direct Tax

ONUS ON ASSESSEE TO PROVE IDENTITY OF CREDITORS AND THEIR CAPACITY TO ADVANCE MONEY GENUINENESS OF TRANSACTION: CHHATTISGARH HIGH COURT

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Direct Tax

ITAT Quashes Income Tax Reassessment Against Hyundai For Being Time Barred

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Direct Tax

New TDS Section 194T: 10% TDS Applicable On TDS On Salary, Remuneration, Interest, Bonus Or Commission Of Partners

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Direct Tax

Reassessment Notice Issued By JAO Is Invalid: Bombay High Court

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Direct Tax

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

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Direct Tax

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

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Direct Tax

CBDT Specifying Circumstances For Enquiries/Verification Functions

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Direct Tax

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

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