News

“1. The ld. Pr. CIT erred in passing the order u/s 263 of the Income Tax Act, 1961 holding that the assessment order passed by the ITO Ward-1 (3) (3), Ahmedabad u/s 143 (3) rws 147 of the Act dated 26 ...
The revenue argued that the CIT (A) erred in admitting additional evidence, citing Rule 46A of the Income Tax Rules. However, the ITAT found that the CIT (A) acted within the powers granted by Section ...
The income tax dept imposed Rs 1.42 crore short term capital gains (STCG) on house that was sold in FY 2009-10. This flat was ...