Judgement

The Tribunal upheld the addition of Rs 8.5 lakh as long-term capital gains after rejecting a Section 54 claim raised during reassessment proceedings.

ITAT Denies Section 54 Exemption Claim Made During Reassessment, Upholds LTCG Addition

News

Delhi Police arrested three accused in a fake Income Tax job scam that duped job seekers with false recruitment promises.

Delhi Police Bust Fake Income Tax Recruitment Scam, Three Arrested

Tribunal grants statutory exemptions, holding procedural delay cannot defeat legitimate tax benefits.

ITAT Grants BSNL VRS Exemptions Despite Delay, Rejects Technical Objections

ITAT remanded the Rs 42 lakh property sale tax dispute to the CIT(A) for fresh adjudication after setting aside the ex-parte appellate order and directing a fair hearing.

ITAT Sets Aside Ex-Parte CIT(A) Order in Rs 42 Lakh Property Sale Tax Case

The ITAT remanded Eterno Infotech's tax case to the Assessing Officer for fresh verification of business promotion expenses after finding that the supporting evidence had not been properly examined.

ITAT Remands Eterno Infotech Case to AO After Finding Business Promotion Expenses Were Not Properly Verified

Court remands retrospective cancellation issue, holding specific reasons are necessary before granting retrospective effect.

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ITAT Denies Section 54 Exemption Claim Made During Reassessment, Upholds LTCG Addition

Delhi Police Bust Fake Income Tax Recruitment Scam, Three Arrested

ITAT Grants BSNL VRS Exemptions Despite Delay, Rejects Technical Objections

ITAT Sets Aside Ex-Parte CIT(A) Order in Rs 42 Lakh Property Sale Tax Case

ITAT Remands Eterno Infotech Case to AO After Finding Business Promotion Expenses Were Not Properly Verified

High Court Sets Aside Retrospective GST Registration Cancellation for Fresh Decision