You Searched For "Income Tax"
This CBDT Circular Bars Tax Dept. From Exploiting Ignorance Of...
The CBDT Circular No. 14 (XL-35) dated 11/04/1955 bars the income tax department from exploiting ignorance of taxpayers....

ITAT Quashes Income Tax Addition Based On ‘Dumb Documents’
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has quashed the income tax addition based on ‘dumb documents’. ...

INCOME TAX APPEALS | CIT(A) Corrects Action Of CPC By Allowing S. 87A...
The Commissioner of Income Tax (Appeals) while correcting the action of the Central Processing Unit (CPC) held that...

Two-Tier Satisfaction Of AO Must For Reassessment: Delhi High Court
The Delhi High Court has clarified that requirement for Two-Tier Satisfaction of the Assessing officer of both the...

Here’s Why ITAT Quashes Income Tax Revision Against OYO
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has quashed the revision under Section 263 of the Income Tax...

S. 80IC Income Tax Deduction Allowable Even Without Agreement With...
The Delhi High Court has held that the deduction under Section 80IC of the Income Tax Act is allowable even without...

Income Tax Dept. Mistakes ‘Interest’ For ‘Instrument’: ITAT Deletes...
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) deleted addition of Rs. 2.45 Lakh as the income tax dept....

ITAT Imposes Cost Of Rs. 500 On Assessee Citing Unexplained Delay In...
The Banglore Bench of Income Tax Appellate Tribunal (ITAT) has imposed the cost of Rs. 500 on assessee citing...

Barcode-Backed Tax Invoice Wrongly Dubbed Bogus By AO: ITAT
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) has held that the Assessing Officer (AO) unjustifiably...

Income Tax Department Now Seeking Household Expense Details Under...
The Income Tax Department has taken a stricter stance on verifying taxpayers' household expenditures, issuing notices...

CBDT Issues Fresh Guidelines On Risk Management Strategy...
In a significant update, the Central Board of Direct Taxes (CBDT) has released a new Office Memorandum clarifying the...

Filing Of Bogus Certificates And Notices: Andhra Pradesh High Court...
The Andhra Pradesh High Court has upheld the decision of the Designated Committee under Sabkha Vishwas (Legacy Dispute...
