The Calcutta High Court ruled on a delayed service tax appeal, dismissing a notice issued against Naresh Kumar & Co., questioning the validity under extended limitation.
ITAT Ahmedabad rules in favor of Rahul G. Patel, granting exemption under Section 54EC for investments made in NHAI bonds before the sale deed registration.
The ITAT Ahmedabad ruled on the disallowance of TDS credit to Theo Desh Consultants due to non-inclusion of corresponding income in the relevant assessment year.
In Buhler India Pvt. Ltd. Vs DCIT, the ITAT Bangalore directed the Assessing Officer to verify and grant TDS credit as per the income reflected in Form 26AS.
ITAT Chennai ruled in favor of Kethsial Justin, granting Section 54F deduction for constructing a new dwelling unit, overturning the AO’s and CIT(A)’s denial.
Madras High Court rules that intelligence officers under GST can issue show cause notices if they qualify as ‘proper officers’ under Section 2(91) of the GST Act.
Madras High Court quashes assessment and rectification orders against Srinithi Enterprises, citing jurisdiction issues; directs Assistant Commissioner to review case.
Explore professional tax slab rates for 2024-2025 across Indian states. Understand how your income determines the tax rate in Andhra Pradesh, Maharashtra, and more.
ITAT Jaipur rules in favor of Hitkari Vidyalaya Sahkari Shiksha Samiti Ltd, allowing 80P deduction on interest income from cooperative banks for AY 2017-18 & 2020-21.
The Madras High Court ruled that the 2016 amendment to Section 50C of the Income Tax Act applies retrospectively, impacting capital gains assessment for earlier years.
