Judgement

The ITAT upheld that since the land was agricultural and not converted for non-agricultural use before the sale, it did not qualify as a taxable capital asset.

Agricultural Land Does Not Lose Its Character if Converted for Industrial Use After Sale: ITAT

News

Solara Active Pharma Sciences has received a Rs 161.92 crore income tax demand for AY20 over expense disallowances and plans to challenge the order, stating no impact on operations.

Solara Active Pharma Sciences Faces Rs 161.92 Crore Income Tax Demand

SC declines interference, dismisses multiple tax appeals after detailed hearing on merits

SC Rejects Multiple Income Tax Appeals After Comprehensive Hearing on Merits

Edtech company PhysicsWallah has received an Income Tax notice of ₹263.34 crore. Here’s what the notice means, possible reasons, and its impact on the company.

Physicswallah gets Income Tax Notice for Rs. 263.34 crore

Articles

Since March 31 is approaching, the experts are advising the taxpayers to file ITR-U, as it is the last opportunity to avoid the lengthy litigation.

Missed Income in Your ITR? Few Days left to file ITR-U

Court remands Section 197 certificate dispute, directing fresh reasoned order on withholding rate determination.

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Agricultural Land Does Not Lose Its Character if Converted for Industrial Use After Sale: ITAT

Solara Active Pharma Sciences Faces Rs 161.92 Crore Income Tax Demand

SC Rejects Multiple Income Tax Appeals After Comprehensive Hearing on Merits

Physicswallah gets Income Tax Notice for Rs. 263.34 crore

Missed Income in Your ITR? Few Days left to file ITR-U

High Court Sets Aside Lower TDS Certificate of MakeMyTrip, Orders Fresh AO Review