Articles

The Government of India has provided income tax relief to the Karnataka State Pollution Control Board (KSPCB) by allowing the exemption of certain categories of income from income tax.

Income Tax Relief Granted to Karnataka State Pollution Control Board on Specified Incomes

Did you know that one small mistake while filling out your tax return can be a very costly mistake for you?

ITR Mistakes: A Simple Mistake Could Cost You 200% Penalty

Judgement

Assessee’s claim of prior sale in 2005 to avoid Section 50C fails; long-term capital gain of 3.25 Cr sustained

ITAT Restores Appeal after NFAC Passed Ex-parte, Non-speaking Order

Reassessment held void ab initio as AO failed to dispose of objections before passing assessment order

Income Tax Reassessment Without Deciding Objections Held Void: ITAT

Tribunal finds no justification for using a later panchnama to extend limitation; holds Section 153A assessment invalid

ITAT: Second Panchnama Can’t Extend Limitation, Assessment Time-Barred

News

Shriram Pistons &amp; Rings Ltd. has disclosed receiving a Rs. 74.24 lakh income tax penalty for AY 2020-21 over a disputed cess deduction.

Explore Our Blogs

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

Income Tax Relief Granted to Karnataka State Pollution Control Board on Specified Incomes

ITR Mistakes: A Simple Mistake Could Cost You 200% Penalty

ITAT Restores Appeal after NFAC Passed Ex-parte, Non-speaking Order

Income Tax Reassessment Without Deciding Objections Held Void: ITAT

ITAT: Second Panchnama Can’t Extend Limitation, Assessment Time-Barred

Shriram Pistons Receives Income Tax Penalty Order of Rs. 74.24 Lakh; Evaluating Legal Options