#income tax act 1961
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6,760 articlesIncome Tax
Income Tax
Search Assessment Additions Deleted: ITAT Voids High-Pitched Estimates Without Evidence Reason
Income Tax
Income Tax
54B Exemption Denied Review: CIT(A) Ordered to Examine Revenue Records and Crop Details Reason
Income Tax
Income Tax
Matter remanded as evidence proving financial capability of partners for capital contribution produced
Income Tax
Income Tax
Deduction u/s. 35(1)(ii) denied as donation given to trust whose approval got expired
Income Tax
Income Tax
Belated but Bona Fide: ITAT Deletes Penalty on Capital Gain Claim- When Deduction is Valid, Penalty is Invalid
Income Tax
Income Tax
RFCTLARR Act Wins: Section 56(2)(viii) Shown the Door- When Land Is Exempt, Interest Also Is – ITAT Schools Revenue
Income Tax
Income Tax
Deduction Calculation Basis: HC Clarifies 5% Fee Applies to Actual Receipts, Not Gross Bills
Income Tax
Income Tax
Search Assessments u/s 153A was quashed as mechanical and composite approval u/s 153D amounted to non-compliance
Income Tax
Income Tax
ITAT Ahmedabad Allows Depreciation on Amalgamation Goodwill for AY 2016-17
Income Tax
Income Tax
Faceless Reassessments Must Stay Faceless: Karnataka HC quashes AO Issued Notices
Income Tax
Income Tax
No Plot, No Profit, Still Taxed :When AO Shoots the Wrong Person: Middleman Dragged into 56(2)(ix) Tax Trap
Income Tax
Income Tax
ITAT Ahmedabad deletes ₹8.80 Cr penalty u/s 271G – Mere “improper benchmarking” is NOT a default under 92D(3)
Income Tax
Income Tax
Procedural Justice: ITAT Restores Appeal Dismissed for Missing Statement of Facts, Mandates Merits Adjudication
Income Tax
Income Tax
