Income Tax : Delving into the multifaceted realm of Income Tax Department (ITD) investigations, this article aims to demystify the intricate la...
Income Tax : LETTER [F.NO. TARC/MEETING/1/2013-14], DATED 24-12-2013 Government has set up Tax Administration Reform Commission with a view to ...
Income Tax : The income tax department may not go in for filing a review petition on the Supreme Court's judgement on the Vodafone taxation cas...
Income Tax : In order to guard against possible leakage of names figuring in the secret bank accounts lists it has received from foreign shores...
Income Tax : Resuming its arguments against Rs 11,000-crore tax demand by the Income Tax (I-T) department, the British telecom giant Vodafone t...
Income Tax : Keeping with an interim order passed by the Supreme Court in connection with the disbursement of funds of Harshad Mehta Group (HMG...
Income Tax : The Court held that an employee must be given access to documents relied upon for dismissal, including the Police Verification Rep...
Income Tax : Tribunal confirmed CIT(A)’s view that alleged accommodation loans were not supported by bank statements. Reopening and addition ...
Corporate Law : Madras High Court quashes Income Tax attachment order, ruling the department lacks statutory power to cancel sale deeds, reinforci...
Income Tax : Delhi High Court ruling states Income Tax Dept. must permit personal hearing through National Faceless Assessment Centre upon asse...
Income Tax : Income Tax Dept. fails to file appeal on time, ITAT dismisses appeal citing insufficient explanation for delay. Detailed analysis ...
Income Tax : Finance Ministry designates key Income Tax Dept. IT systems as protected under the IT Act. Learn about restricted access and autho...
Delving into the multifaceted realm of Income Tax Department (ITD) investigations, this article aims to demystify the intricate landscape of both criminal and non-criminal probes
Gauhati High Court grants interim stay on coercive actions regarding the refund or adjustment of advance tax payments to the Income Tax Department.
ITAT Chennai ruling in Aruljothi Exports vs. ACIT case establishes that Income Tax Dept cannot scrutinize sales tax returns accepted by Commercial Tax Dept. Analysis and conclusion included.
Review of ITAT Delhi’s decision in ITO Vs Soumya Tradecom Pvt Ltd case, highlighting lack of valid approval in reassessment proceedings. Key takeaways.
Delhi HC directs refund of Income Tax amount exceeding 20% of the demand. Read about the Max Life Insurance case and the decision on refund for AY 2017-18
Calcutta High Court ruling on the issue of assessee harassment due to change to a faceless system in Income Tax appeal. Read Park Leather Company’s case.
Bombay High Court lifts travel ban on Aarti Ramesh Chaurasia due to LOC issued by Income Tax Dept. Find details of the case and the judgment here.
LETTER [F.NO. TARC/MEETING/1/2013-14], DATED 24-12-2013 Government has set up Tax Administration Reform Commission with a view to reviewing the application of Tax Policies and Tax Laws in India in the context of global best practices. The Commission will work as an advisory body to the Ministry of Finance and recommend measures for reforms required in […]
The income tax department may not go in for filing a review petition on the Supreme Court’s judgement on the Vodafone taxation case. Top sources in the department said that a 10-member ‘core committee’, which has been specially constituted, will go into the details of the order. But the department may take a view not to file a review petition against the order which was delivered by a three-member Supreme Court bench headed by Chief Justice S H Kapadia on Friday, the sources said.
In order to guard against possible leakage of names figuring in the secret bank accounts lists it has received from foreign shores, the CBDT has ordered the I-T department to obtain a signed undertaking from any government entity or department who demands the data for their own probe.
