Tag:
Income Tax
Direct Tax
Wedding Gifts Under Income Tax Act Can’t Be Treated As Unexplained Income: ITAT
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has set aside the tax department’s addition of unexplained income against a taxpayer, Manubhai,...
Case Compilation
Case Compilation Of Tribunal Rulings: Benami vs Income Tax
Here is the case compilation of tribunal rulings in respect of Benami versus Income Tax:1. M/s Om Samriddhi Banquet & Hospitality LLP v. Initiating...
Direct Tax
Non-Payment Of Advocate’s Fee By Income Tax Dept. | Calcutta HC Dismisses Delayed Dept. Appeal
The Calcutta High Court has come down sharply on the Income Tax Department for failing to clear outstanding fee and expense bills of its...
Notification
Fake Income Tax Email Alert: Here’s What to Do If You Receive a ‘Manual Verification’ Email
Email Claims Manual Verification for Rs. 50,000 RefundThe Government of India has issued an urgent advisory cautioning taxpayers against fraudulent emails purporting to be...
Direct Tax
Non-Faceless Income Tax Reassessment Notices Are Invalid: Supreme Court
Supreme Court Confirms Mandatory Faceless Protocol for Section 148 Notices, Upholds Telangana High Court Ruling.The Supreme Court has upheld a ruling of the Telangana...
Direct Tax
Income Tax Dept. Cracks Down on Bogus Deductions, Rs. 1,045 Crore in False Refunds
In a sweeping enforcement move, the Income Tax Department has launched a large-scale verification operation across several states in India to tackle fraudulent claims...
Indirect Taxes
Income Tax Data Alone Not Sufficient To Demand Service Tax: CESTAT
Tribunal rules department failed to prove suppression, show cause notice held time-barred.
Indirect Taxes
DPG Now Empowered to Address Income Tax and Customs Grievances
The Cabinet Secretariat has expanded the jurisdiction of the Directorate of Public Grievances (DPG) to include complaints related to Income Tax and Customs. This means...