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ITAT Quick Weekly Flashback: 18 To 24 August 2024 – Stories On Lakhmi Chand Charitable Society, HCL Technologies Ltd; & More

Death Of Tax Consultant A Valid Ground For Delay Condonation: ITATCase Name: Manisha Arora...

Direct Tax Quick Weekly Flashback: 18 To 24 August 2024 -Stories On Ayodhya Rami Reddy Alla;  Income-Tax Clearance Certificate & More

Here is Direct Tax Quick Weekly Flashback:Supreme CourtGAAR V/S SAAR In Bonus-Stripping Transaction...

PCIT Lacks Unlimited Power To Revise Every Order Already Examined By AO: ITAT

Author: Khushi J PrajapatiThe Income Tax Appellate Tribunal Ruled that PCIT lacks unlimited...

Sales As Per Books Of Accounts Out Of Stock Available Could Be Regarded As Cash Sales: ITAT Deletes Income Tax Addition

The Income Tax Appellate Tribunal, Delhi ruled that sales in stock on cash basis...

AO Can Ascertain Fair Market Value of Shares If Doubts Valuation: Delhi High Court

The Delhi High Court has held that the AO can ascertain the Fair Market...

Only Person Involved In Serious Financial Irregularities To Obtain Income-Tax Clearance Certificate: CBDT

The Central Board of Direct Taxes notified that only persons who are involved in...

AO Obliged To Refund Amount Which Becomes Payable By An Order Passed In Appeal AO: Delhi High Court

The Delhi High Court ruled that the AO is obliged to refund the amount...

Income Tax Assessment Order Against Non-Existing Company Liable To Be Quashed: ITAT

The Income Tax Appellate Tribunal, Delhi, ruled that the income tax assessment order against...

TDS Credit May Be Granted Only When Income Corresponding To TDS Is Assessed To Tax In The Same FY: ITAT

The Income Tax Appellate Tribunal, New Delhi, ruled that TDS credit may be granted...

Gift From Brother Not Chargeable To Tax In Hands Of Assessee Being Relative: ITAT

The Income Tax Appellate Tribunal, Mumbai, ruled that the gift from a brother is...

Amount Of Hardship Allowance Received By The Assessee Is Not Income Of The Assessee: ITAT 

The Income Tax Appellate Tribunal, Mumbai, ruled that the amount of hardship allowance received...

Software License Expenditure To Be Revenue In Nature: ITAT 

The  Income Tax Appellate Tribunal Mumbai ruled that the software license expenditure on similar...

Latest articles

Exporter Can’t Be Denied Advance Authorization Benefit Due To ICEGATE Technical Glitch: Delhi High Court

The Delhi High Court has set aside three orders passed by the Policy Relaxation...

Criminal Prosecution Under Central Excise Act Can’t Continue After CESTAT Sets Aside Duty Demand on Merits: Punjab & Haryana High Court

The Punjab and Haryana High Court has quashed a criminal complaint and summoning order...

Punjab & Haryana High Court Refuses To Quash Drugs Act Complaint Against Hand Sanitizer Manufacturer Over “Not of Standard Quality” Allegations

The Punjab and Haryana High Court has refused to quash criminal proceedings initiated against...

GSTAT Flags Unsigned GST Orders As Defects Despite Courts Holding Portal-Uploaded Documents Genuine

In Uttar Pradesh, it is usual that SCN and Orders are unsigned and court...