Judgement

The ITAT remanded the case to the AO for fresh examination of land-related tax additions, DVO valuation, disclosure of the remand report, and verification of the assessee's claimed 16.21% ownership share.

ITAT Directs AO to Reconsider Rs 16.44 Lakh Capital Gains and Rs 25.87 Lakh Stamp Duty Value Addition

The Andhra Pradesh High Court holds Section 147A Unconstitutional for Retrospectively Conferring Jurisdiction on AOs.


High Court Strikes Down Retrospective Section 147A of Income Tax Act

News

NIIT Limited faces a Rs 1.72 crore tax appeal before Delhi ITAT for AY 2018-19 but expects no adverse impact on its financial position or operations.

NIIT Limited Discloses Income Tax Department’s Appeal Before Delhi ITAT, Says No Adverse Financial Impact Expected

The ITAT remanded the Rs 3.33 crore demonetisation-period cash deposit case to the Assessing Officer for fresh verification of bank account ownership and the source of deposits.

ITAT Remands Rs 3.33 Crore Demonetisation Cash Deposit Case to AO, Directs Rs 10,000 Relief Fund Payment

Articles

The Income Tax Department has expanded the scope of the Saksham Nudge initiative to further include tax professionals in order to accelerate the filing process for TAR for FY 2025-26.

Income Tax Dept Increases Scope for  Saksham Nudge Initiative to Further Include Professional Insuring Timely Compliance

The ITAT Ahmedabad holds that mere silence in assessment order does not establish lack of Inquiry or justify revision.


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ITAT Directs AO to Reconsider Rs 16.44 Lakh Capital Gains and Rs 25.87 Lakh Stamp Duty Value Addition

High Court Strikes Down Retrospective Section 147A of Income Tax Act

NIIT Limited Discloses Income Tax Department’s Appeal Before Delhi ITAT, Says No Adverse Financial Impact Expected

ITAT Remands Rs 3.33 Crore Demonetisation Cash Deposit Case to AO, Directs Rs 10,000 Relief Fund Payment

Income Tax Dept Increases Scope for Saksham Nudge Initiative to Further Include Professional Insuring Timely Compliance

ITAT Quashes Section 263 Revision as AO Had Examined Related-Party Payments Under Section 40A(2)(b)