Blog, Income Tax, News May 27, 2022 Assessee can’t have custody of robbed cash recovered by police: HC Case Details: DDIT v. Sampath … Continue reading “Assessee can’t have custody of robbed cash recovered by police: HC”
Blog, Income Tax, News May 27, 2022 Credit found in bank a/c belongs to assessee if it was used by him for his investment: HC Case Details: Pulin Ku. Bir … Continue reading “Credit found in bank a/c belongs to assessee if it was used by him for his investment: HC”
Blog, Income Tax, News May 26, 2022 Hearing opportunity must be granted before transferring assessee’s case: HC Case Details: Nagindas Kasturchand and … Continue reading “Hearing opportunity must be granted before transferring assessee’s case: HC”
Blog, Income Tax, News May 25, 2022 Senior citizen constantly filing salary return not liable to advance tax Case Details: Jayantilal D Ray … Continue reading “Senior citizen constantly filing salary return not liable to advance tax”
Blog, Income Tax, News May 25, 2022 Section 158BB doesn’t empower AO to ‘estimate’ undisclosed income: HC Case Details: PCIT v. Janson … Continue reading “Section 158BB doesn’t empower AO to ‘estimate’ undisclosed income: HC”
Blog, Income Tax, News May 24, 2022 Impact of the SC’s decision in the case Ashish Agarwal vs. CBDT’s instruction S.K. Tulsiyan & Ms. Parnashree … Continue reading “Impact of the SC’s decision in the case Ashish Agarwal vs. CBDT’s instruction”
Blog, Income Tax, News May 24, 2022 Gain arising on sale of office-cum-residential structure eligible for exemption u/s 54F relief and not u/s 54: ITAT Case Details: Chain Singh Mundra … Continue reading “Gain arising on sale of office-cum-residential structure eligible for exemption u/s 54F relief and not u/s 54: ITAT”
Blog, Income Tax, News May 23, 2022 Benefit of LTA isn’t available if itinerary of employee includes foreign visit: ITAT Case Details: State Bank of … Continue reading “Benefit of LTA isn’t available if itinerary of employee includes foreign visit: ITAT”
Blog, Income Tax, News May 23, 2022 ‘Information in Possession’: Beginning of a New Era of Litigations!! Mayank Mohanka – [2022] 138 … Continue reading “‘Information in Possession’: Beginning of a New Era of Litigations!!”
Blog, Income Tax, News May 21, 2022 AO’s order imposing penalty under sec. 270A is appealable before CIT(A): Mumbai ITAT Case Details: Desmond Savio Theodore … Continue reading “AO’s order imposing penalty under sec. 270A is appealable before CIT(A): Mumbai ITAT”