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Rs. 1.3 Crore LTCG Exemption Granted To Husband-Wife Despite 2 Properties Sold: ITAT 

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has allowed the Long Term...

Genuine Mistake In Treating HUF Partition As Transfer: Calcutta High Court Quashes Income Tax Penalty

The Calcutta High Court has quashed the income tax penalty on the ground of...

No Income Tax On Incentives Received In Form Of Excise Duty Refund, Sales Tax Remission, Sales/VAT Input Tax Refund: ITAT

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that no income...

Careless Approach Of Faceless AO And Faceless CIT(A): ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has expressed displeasure for the...

Date of AO’s Receipt of Material U/S 153C To Be Deemed As Date Of Search Or Requisition: Delhi HC

The Delhi High Court has held that the date of ao’s receipt of material...

How to Earn Over ₹80,000 Per Month Tax-Free Through PPF?

The Public Provident Fund (PPF) is a government-backed long-term savings scheme known for its...

Paying Monthly Rent Above Rs. 50,000? Here’s How to Handle TDS Under Section 194-IB

If you're an individual or a member of a Hindu Undivided Family (HUF) paying...

Extended 10-Year Limitation For Initiating Reassessment Inapplicable Without Escaped Income as ‘Asset’: Delhi High Court

The Delhi High Court has held that the extended 10-year limitation for initiating reassessment...

Reassessment Notice Issued With The Approval Of JCIT Is Invalid: Delhi High Court

The Delhi High Court has quashed the reassessment notice issued with the approval of...

Delhi High Court Bars Reassessment After Four-Year Limit, Cites Full Disclosure Of Prior Year Salary Expenses

The Delhi High Court has quashed the reassessment proceedings after four-year limit on the...

Monetary Limits For Filing Income Tax Appeals By Dept. Before High Court Enhanced To Rs. 2 Crores: Chhattisgarh High Court

The Chhattisgarh High court has held that the monetary limits for filing income tax...

Latest articles

Income Tax Assessment Quashed for Denial of Video Hearing: Gujarat High Court Upholds Natural Justice under Faceless Regime

The Gujarat High Court has quashed an assessment order passed without granting the assessee...

Service Tax: Whether Salary Disbursement to Contract Workers Constitutes Manpower Supply — CESTAT Remands Matter for Fresh Examination

The Customs, Excise and Service Tax Appellate Tribunal, Hyderabad Bench, has remanded a service...

Delivery of Research Reports Abroad Constitutes ‘Part Performance’, Qualifies as Export: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench has held that...

Customs Valuation: CESTAT Quashes Export Value Enhancement for Violation of Natural Justice, Remands Matter

The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...