CA, CS, CMA : This article explains the GST implications of rental income and provides an overview of the different types of income tax assessme...
Income Tax : Understand the time limits for issuing income tax notices and completing assessments, including updates from the Finance Acts of 2...
Income Tax : Learn about rectifying mistakes in income tax orders under Section 154, including types of rectifiable orders, responsible authori...
Income Tax : Explore common FAQs on income tax assessments, including types, procedures, and time limits for sections 143, 144, and 147....
Income Tax : Understanding assessment under the income tax act, 1961. Learn about the different types of assessments and their implications for...
Income Tax : Starting October 1, 2024, Commissioners (Appeals) will gain new powers to set aside and refer best judgment assessments back to As...
Income Tax : Chhattisgarh High Court held that upholding of addition by CIT(A) and ITAT merely on the basis of non-appearance without deciding ...
Income Tax : ITAT Mumbai held that addition under section 69A of the Income Tax Act towards cash deposited in the bank account during demonetiz...
Income Tax : Madras High Court sets aside an assessment order, granting a taxpayer opportunity to respond to notices after their authorized rep...
Income Tax : ITAT Delhi restores Bar Council case to NFAC, directing review of mandatory notice service under Section 148 for reassessment befo...
Income Tax : ITAT Chandigarh held that deduction u/s 54B of the Income Tax Act, 1961 is not admissible if the new capital asset i.e. agricultur...
Income Tax : ITAT Chandigarh held that ITO Ward-3(1), Chandigarh had no jurisdiction to issue notice to an NRI and hence consequently the asses...
In Narayan Dattarao Giram Vs ITO, ITAT Pune grants the assessee another chance due to a Chartered Accountant change resulting in non-receipt of notices.
Jharkhand High Court held that interest under Section 234B of the Income Tax Act has to be charged on the assessed income and not on the returned income of an Assessee.
In the Subba Raju Chekuri Vs. ITO case, ITAT Hyderabad remands matter due to the failure of the assessee to provide evidence for Section 54F deduction claim.
The Kerala High Court quashes a reassessment order, citing a violation of mandatory provisions under the Income Tax Act. Details in the article.
ITAT Ahmedabad clarifies cash deposit source issue in Karan Realty Pvt Ltd vs. ITO case. Analysis of assessment and capital gains matters.
In the cases related to Sunder Lal vs. ITO (ITAT Delhi) for AY 2011-12 and 2012-13, the ITAT directs re-adjudication due to lack of effective representation and challenges to additions.
Income received by assessee-UK telecom company from an Indian telecom company for rendering roaming services to customers abroad was not ‘royalty’ as assessee-UK had not provided any right, as mentioned in Explanation 2 to Section 9(1)(vi), or any kind of use of any process or equipment to VIL
ITAT Delhi restores a case involving Golden Traders vs. ITO due to the assessee’s failure to compile data during the COVID-19 pandemic, challenging an addition under Section 69B.
High Court’s decision to set aside a 2016 ex-parte order, impacting best judgment assessment for Parina Laboratories Pvt. Ltd. Get insights into case and its implications.
ITAT Bangalore held that as income is estimated under section 44AD of the Income Tax Act, so addition under section 68/69A of the Income Tax Act is impermissible.
