Read the full text of the judgment/order by the Kerala High Court in the case of Mini Muthoottu Credit India Vs CIT. Learn about the court’s ruling on the deductibility of interest on loans for purchasing agricultural land.
In the Neena Uppal Vs Union of India case, Bombay High Court rules against Customs Department’s refusal to clear goods, citing lack of conformity to CAAR opinion.
Explore the legal intricacies of Carmel Convent vs. Income-tax Officer (Exemption) case decided by ITAT Cochin Bench, analyzing its implications for charitable trust exemptions.
Learn about the due dates for TDS and TCS payments, returns, and consequences for late filing, deduction, and payment under the Income Tax Act.
Read the full text of the ITAT Kolkata’s order in the case of Maa Biddeswari Agro Products Pvt. Ltd. vs ITO. Learn how the ITAT ruled to delete the addition of share premium due to the AO’s flawed valuation.
ITAT Indore held that the peak credit theory should be adopted for determining income of assessee. Under this theory, only peak balance in bank account should be considered for taxation
Learn about gender-specific infrastructure facilities mandated for customs service providers under HCCAR 2009, fostering inclusivity and empowerment.
Discover how the Income Tax Department’s initiative to open filing on day one of the financial year streamlines processes, boosts compliance, and improves taxpayer services.
Different instruments for acquiring or transferring Immovable Property includes Sale Deed, Gift Deed, Relinquishment/ Release Deed, Partition Deed and Inheritance Deed/Will,
Sri Jeyamkonda Choleeswara Soundaranayaki Amman Kumbhabisheka Malar Kyushu vs ITO (ITAT Chennai) case: Trust’s error in applying for registration under the Income Tax Act leads to ITAT’s directive for reevaluation.