Judgement

Tribunal rules that vague and non-specific penalty notices invalidate the levy; AO must clearly state specific charge.

ITAT Quashes Penalties for Failure to Specify Exact Charge in Notices Under Sections 271(1)(c) & 270A

Tribunal Holds That Investment Was Properly Recorded in Books and Fully Explained; Section 69 Could Not Be Invoked

ITAT Delhi Deletes Section 69 Addition on Property Investment, Gives Full Relief

Articles

Taxpayers can easily pay their taxes, including advance tax, self-assessment tax and other direct taxes through UPI.

How to Pay Your Income Tax Via UPI Apps Like Paytm, PhonePe or Google Pay?

The ITAT Mumbai holds that an NRI’s property investment was fully explained through a complete Dubai to India fund trail, quashing the section 69

ITAT Mumbai Deletes Rs. 2 Crore Section 69 Addition: NRI Proves Property Investment Came Entirely From Foreign Salary Savings

ITAT Mumbai Deletes 2 Crore Addition; NRI Proves Property Investment Came Entirely From Foreign Salary Savings

News

The Income Tax Department has empowered CPC Bengaluru to fix refund-related issues faster, reducing delays for taxpayers.

Good News for Taxpayers! Faster ITR Processing as CPC Takes Over Key Functions

The Tribunal highlighted the statutory requirement under section 69A which says that if an explanation is supported by credible evidence and is not proved false, no addition should be made

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ITAT Quashes Penalties for Failure to Specify Exact Charge in Notices Under Sections 271(1)(c) & 270A

ITAT Delhi Deletes Section 69 Addition on Property Investment, Gives Full Relief

How to Pay Your Income Tax Via UPI Apps Like Paytm, PhonePe or Google Pay?

ITAT Mumbai Deletes 2 Crore Addition; NRI Proves Property Investment Came Entirely From Foreign Salary Savings

Good News for Taxpayers! Faster ITR Processing as CPC Takes Over Key Functions

Cash Deposits from Property Sale Cannot Be Taxed as Unexplained