Judgement

The ITAT, Ahmedabad, has recently held that an assessing officer must first refer the matter to the Departmental Valuation Officer (DVO) to determine Fair Market Value.

AO Must Refer to DVO for Fair Market Value: ITAT Deletes Addition Based Solely on Estimates

News

An X user highlights the growing mismatch between the rising number of Chartered Accountants in India and the limited job opportunities, urging ICAI to focus on domestic employment challenges.

Indian CAs Face Oversupply Crisis: X User Questions ICAI’s Focus on Global Opportunities

ITAT remanded the case back to the Assessing Officer for verification of facts. The assessee’s second appeal was dismissed as withdrawn

ITAT Bangalore Remands Case for Verification; Second Appeal Dismissed as Withdrawn

A massive Rs. 50,000 crore GST scam involving over 140 fake firms and five years of fraudulent tax credit claims has been uncovered by State Tax Department.

Massive Rs. 50,000 Crore GST Fraud Busted: 144 Fake Firms Under Investigation

The ITAT Ahmedabad set aside the CIT(A)’s non-speaking order and directed a fresh hearing after finding that the assessee’s evidence was not properly considered.

ITAT Remands Case to CIT(A): Non-Speaking Order Violates Principles of Natural Justice

The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has recently deleted an addition of Rs 3,38,000 made to the income of an assessee.

ITAT deletes Income Tax Addition: Wife's PIN money and Family savings not Black Money

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