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

News

Surat Cybercrime Police have arrested a 26-year-old Haryana man in an alleged Rs 40 lakh WhatsApp ‘Boss Scam’ that involved impersonating a company owner to trick an accountant into transferring funds.

Fake WhatsApp Boss Dupes Company Accountant of Rs 40 Lakh; Surat Police Arrest Haryana Man in Cyber Fraud Case

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

Uttarakhand’s Tax Department detected alleged Rs 2.5 crore tax evasion at a Ramnagar resort, with management depositing Rs 1 crore following the search.

Uttarakhand Tax Department Detects Rs 2.5 Crore Tax Evasion at Ramnagar Resort

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

Fake WhatsApp Boss Dupes Company Accountant of Rs 40 Lakh; Surat Police Arrest Haryana Man in Cyber Fraud Case

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

Uttarakhand Tax Department Detects Rs 2.5 Crore Tax Evasion at Ramnagar Resort

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)