Judgement

Completed assessments can't be reopened under Section 153A without fresh incriminating evidence from search.

 High Court: No Addition under Section 153A Without Incriminating Material

High Court Affirms No Addition under Section 153A Without Incriminating Material

High Court quashes reassessment based on suspicion and below-threshold LTCG allegation, citing limitation bar.

HC Rules Mere Suspicion Isn’t Enough, Section 149(1)(b) Not Attracted Below Rs. 50 Lakh: Reassessment Quashed

News

NIIT Limited receives a favourable income tax ruling, significantly reducing its earlier Rs. 5.34 crore tax liability and clearing most assessment disputes.

NIIT Ltd Gets Relief in Rs 5.34 Crore Income Tax Matter

Articles

A simple guide to help taxpayers file accurate returns, claim all deductions, choose the right regime, and maximise their income tax refund for FY 2024-25.

6 Essential Steps to Maximize Your Income Tax Refund for FY 2024-25

ITAT Allows Foreign Tax Credit to Amarchand Mangaldas & Suresh A. Shroff & Co.

ITAT Allows Full Foreign Credit Even for Tax Withheld on Non-Taxable TransactionsITAT Allows Full Foreign Credit Even for Tax Withheld on Non-Taxable Transactions

ITAT Allows Full Foreign Credit Even for Tax Withheld on Non-Taxable Transactions

Section 54F is a useful tax provision that helps you save money on capital gains tax when you sell any property other than a residential house.

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High Court Affirms No Addition under Section 153A Without Incriminating Material

HC Rules Mere Suspicion Isn’t Enough, Section 149(1)(b) Not Attracted Below Rs. 50 Lakh: Reassessment Quashed

NIIT Ltd Gets Relief in Rs 5.34 Crore Income Tax Matter

6 Essential Steps to Maximize Your Income Tax Refund for FY 2024-25

ITAT Allows Full Foreign Credit Even for Tax Withheld on Non-Taxable Transactions

I Sold Gold and Bought a House Property: How Can I Get Exemption From Capital Gain Tax