Income Tax
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ITAT Deletes LTCG Addition as DVO Reference Under Section 55A Was Invalid

ITAT Deletes LTCG Addition as DVO Reference Was Invalid for Pre-July 2012 Transaction

ITAT Allows Appeal as DVO Reference Was Invalid Under Pre-2012 Section 55A

Assessee Gets Relief as Section 55A Amendment Was Prospective, Not Retrospective

Registered Valuer’s Report Prevails as DVO Reference Failed Legal Requirements

ITAT Allows Registered Valuer’s Valuation as Section 55A DVO Reference Was Invalid

ITAT Deletes Capital Gains Addition as Section 55A DVO Reference Was Invalid

DVO Valuation Rejected as Assessee’s Registered Valuer Had Reported Higher FMV

Reopening of Assessment Invalid as DVO Valuation Was Lower Than Assessee’s Declared Value

Delhi HC Quashes Reassessment Notice as It Was Issued Beyond Extended Limitation Period

Karnataka HC Dismisses Revenue Appeal as Fresh Claim Can Be Raised Before CIT(A)

ITAT Deletes Tax Addition as Retrenchment Compensation Was Capital Receipt: ITAT Chandigarh

No TDS on Workmen Compensation as Package Was Linked to Industry Closure

ITAT Allows Full Exemption as HMT VRS Compensation Was Linked to Closure of Undertaking
Income Tax is TaxGuru’s extensive resource for developments under India’s direct tax laws. This category covers Income-tax provisions, rules, notifications, circulars, instructions, judicial decisions and practical compliance issues. Readers can explore articles and case laws on income-tax returns, assessments, reassessment, deductions, exemptions, capital gains, business income, TDS and TCS, tax audit, penalties, appeals, international taxation and other direct tax matters. The category also covers important CBDT announcements, tax deadlines, return filing developments and changes affecting individuals, businesses and other taxpayers. Chartered Accountants, advocates, tax professionals, companies and taxpayers can use this section to follow legislative, administrative and judicial developments and research important Income Tax issues and precedents.
