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 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 ...
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 Mumbai Bench of the Income Tax Appellate Tribunal has granted relief to the Indian Hotels Company Ltd, which owns the Taj ...
CBDT sets April 30 as the deadline for taxpayers to file declarations under the Vivad Se Vishwas dispute resolution scheme, ...
The Income Tax Department has set April 30, 2025, as the deadline for taxpayers to file declarations under the Vivad Se ...
The scheme offers taxpayers the opportunity to settle disputed tax demands by paying the full disputed amount while availing a waiver on interest and penalties ...
Income Tax Department sets April 30, 2025 as last date for tax arrears declaration under Direct Tax Vivad se Vishwas Scheme.
Nagpur: Harshvardhini Buty, the first female Indian Revenue Service (IRS) officer from Orange City, has taken the charge of ...
ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) Lahore has ruled that any foreign assets declared under the Foreign ...
The scope of Section 122 (5A) of the Income Tax Ordinance, 2001, is critical to understanding the limits of the ...