#section 56
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811 articlesIncome Tax

Income Tax
Gift from Your Cousin? It May Not Be Tax-Free Under Income Tax Law
Income Tax

Income Tax
Section 28 Land Acquisition Interest Exempt as Enhanced Compensation: ITAT Delhi
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Income Tax
Sections 56(2)(x)(b) & 69 Additions Remanded for Fresh Examination: ITAT Chennai
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Section 56(2)(x) Cannot Apply to Genuine Corporate Loan: ITAT Delhi
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Income Tax
Cash Gift Taxed, Car Gift Tax-Free? Surprising Section 56(2)(x) Difference
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Income Tax
Section 54EC Exemption Allowed on Development Rights Consideration: ITAT Mumbai
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Section 50C Cannot Create Income Under Section 56: Statutory Analysis
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Income Tax
Section 56(2)(x) Applicability Depends on Agreement Date; Mistaken Tax Payment Refundable: ITAT Mumbai
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Income Tax
Meaning of Relatives Under Income Tax Act, 1961
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Circle Rate-Based Land Valuation Accepted for Section 56(2)(viib) FMV: ITAT Delhi
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Income Tax
ITAT Bangalore Allowed Section 80P Deduction on Interest from Scheduled & Co-op Banks
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Angel Tax Abolished, But Section 56(2)(viib) Scrutiny Continues for AY 2026-27
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Income Tax
Bangalore ITAT Deletes ₹10 Lakh Addition Caused by DRP Typographical Error
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Income Tax
