Judgement

ITAT holds that foreign tax credit claimed u/s 90 cannot be denied merely because Form 67 was filed after the due date, when the form was filed before completion of assessment.

ITAT Allows Foreign Tax Credit Though Form 67 Filed After Due Date

Articles

Old tax demands from 2005-2011 are suddenly appearing on portal, causing confusion and financial stress for taxpayers due to interest and missing notices.

Old Income Tax Demands Resurface: Taxpayers Shocked by Years-Old Dues

News

Income Tax officials have uncovered large-scale tax evasion in Agra after finding nearly 20,000 property registrations above Rs. 10 lakh completed without PAN details.

Agra Income Tax Dept Cracks Down Property Registrations more than Rs. 10 Lakh Without PAN

ITAT Delhi Upholds Deletion of Addition on Foreign Investment Made in Minors’ Names

ITAT allows Padmakshi Chakraborty’s appeal, deleting Rs. 32 lakh and Rs. 3.60 lakh additions on property purchase, holding funds from father’s genuine savings.

ITAT Deletes Rs. 32 Lakh and Rs. 3.60 Lakh Additions on Property Purchase; Upholds Father’s Savings as Source

ITAT Kolkata deleted the entire Rs. 12.71 lakh cash deposit addition after accepting the legal heir’s explanation and evidence on the source of funds.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

ITAT Allows Foreign Tax Credit Though Form 67 Filed After Due Date

Old Income Tax Demands Resurface: Taxpayers Shocked by Years-Old Dues

Agra Income Tax Dept Cracks Down Property Registrations more than Rs. 10 Lakh Without PAN

ITAT Delhi Upholds Deletion of Addition on Foreign Investment Made in Minors’ Names

ITAT Deletes Rs. 32 Lakh and Rs. 3.60 Lakh Additions on Property Purchase; Upholds Father’s Savings as Source

ITAT Deletes Entire Rs. 12.71 Lakh Addition in Legal Heir’s Appeal; Holding Cash Deposits Were Fully Explained