Mumbai ITAT grants capital gains tax relief to a taxpayer who filed his Income Tax Return late. The tribunal ruled that ...
ITAT Mumbai held that reassessment proceedings initiated after scrutiny assessment were invalid because they relied on the same material already examined earlier. The Tribunal ruled that reassessment ...
According to Income Tax rules in India, residents must disclose foreign assets or income, regardless of whether their income ...
ITAT Ahmedabad held that delivery-based share transactions shown as investments in books could not be treated as business income without supporting evidence. The Tribunal upheld capital gains ...
Tax authorities are scrutinizing agricultural land transactions used to conceal unaccounted money. A recent ITAT verdict, ...
A search-led tax case involving Ahmedabad real estate-linked taxpayer Dimple Robin Goenka has thrown light on how unexplained ...
The tribunal cancelled the penalty and clarified that penalties cannot be imposed automatically when a taxpayer makes a ...
Chennai: A registered sale deed carries with it a formidable presumption of validity and genuineness. Registration is a ...
Reliance Charitable Trust, which runs the eponymous hospital, has taken the lead in challenging the decision of tax authorities to cancel its registration. The development is being closely tracked ...
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