Land cannot be Capital Asset when assessee has not incurred any ‘cost of acquisition’: ITAT Briefly stated, the relevant material facts ...
Read MoreTDS u/s 194C do not apply on payments made to agents of foreign shipping companies This appeal by the Revenue is preferred against the order...
Read MorePenalty u/s 271(1)(c) for filing inaccurate particulars of income does not arise when assessee filed Revised ITR The present appeal has been...
Read MorePenalty due Non-Compliance of Income Tax Notice levied on assessee due to non-cooperation of Tax Professional deleted The brief facts of the...
Read MoreDisallowance u/s 14A cannot be made just because separate accounts of tax free investment are not maintained: SC The Apex Court in the matte...
Read MoreUnexplained Money: Sec 69A not applicable on deposits accepted by Co-operative Society from its members The present appeal has been filed by...
Read MoreHow to Calculate Indexed Cost of Acquisition for the Purpose of Computation of Long-Term Capital Gain The assessee is an individual and has ...
Read MoreRemedy for claiming condonation of delay in Filing ITR lies with CBDT and not ITAT: High Court Delhi High Court in the matter of Sudipta Bas...
Read MoreSection 54 Deduction on multiple residential houses holds good till these units are in the same physical location: ITAT The assessee, a non-...
Read MoreHC Quashes Reassessment Notice alleging Bogus Purchases made from GST Non-Fillers The Petitioner filed its return of income for the Assessme...
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