Tag: Tax

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Whether ‘Royalty’ Is A ‘Tax’; Supreme Court Directs The Matter To Be Before Appropriate Bench

The Supreme Court has presided over the controversy of...

Tax Officer Can’t Pass Final Orders After Granting Adjournment: Kerala High Court

The Kerala High Court ruled that the Tax Officer can't pass final orders after granting adjournment.The bench viewed that there is some merit in...

Know Key Features of Vivad Se Vishwas Scheme 2024

Author: Khushi J. PrajapatiThe Vivad Se Vishwas Scheme, launched by the Indian government, is a significant tax resolution initiative aimed at reducing litigation and...

ITAT Upholds Assessee’s Claim Within The Period Of 3 Years From The Sale Of Land

The Income Tax Appellate Tribunal, Ahmedabad upheld the Assessee's claim within the Period of 3 years from the sale of land.The bench observed that...

Notice Initiating Assessment Proceedings In The Name Of Deceased Assessee Is Void Ab-Initio: ITAT

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench held that notice issued initiating assessment proceedings in the name of deceased assessee is void ab-initio.The...

Impermissible For TPO To Doubt Commercial Soundness Of Expenditure That May Be Incurred: Delhi High Court

The Delhi High Court ruled that it is  impermissible for Transfer Pricing Officer to doubt commercial soundness of expenditure that may be incurred. The bench...

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