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Rule 8D Of IT Rules Can Be Invoked Only If Assessees Computation Of Expenses Attributable To Earning Exempt Income Is Found Inadequate: Delhi HC

Rule 8D Of IT Rules Can Be Invoked Only If Assessee's Computation Of Expenses Attributable To Earning Exempt Income Is Found Inadequate: Delhi HC

19 Dec 2024 2:35 PM IST

Loss Of FD Investments Doesnt Qualify As Trading Loss For Deduction From Income U/S 28 Of Income Tax Act: Telangana HC

Loss Of FD Investments Doesn't Qualify As 'Trading Loss' For Deduction From Income U/S 28 Of Income Tax Act: Telangana HC

3 Dec 2024 4:05 PM IST

Only Income From Investment Made By Charitable Institution In Violation Of S.13(1)(d) Income Tax Act Is Liable To Tax: Telangana HC

Only Income From Investment Made By Charitable Institution In Violation Of S.13(1)(d) Income Tax Act Is Liable To Tax: Telangana HC

3 Dec 2024 3:06 PM IST

AO Cannot Assess Other Incomes If No Addition Is Made On Account Of Reasons For Which Reassessment U/S 147 Of IT Act Was Initiated: Delhi HC

AO Cannot Assess 'Other Incomes' If No Addition Is Made On Account Of 'Reasons' For Which Reassessment U/S 147 Of IT Act Was Initiated: Delhi HC

2 Dec 2024 8:25 PM IST

Income From Sale Of Immovable Properties To Be Treated As Capital Gains, Not Business Income: Kerala High Court

Income From Sale Of Immovable Properties To Be Treated As 'Capital Gains,' Not 'Business Income': Kerala High Court

20 Nov 2024 7:55 PM IST

Once Income From AOP/BOI Is Included In Assessees Taxable Income, Any Post-Tax Share Received Cannot Be Taxed Again: Madhya Pradesh High Court

Once Income From AOP/BOI Is Included In Assessee's Taxable Income, Any Post-Tax Share Received Cannot Be Taxed Again: Madhya Pradesh High Court

6 Nov 2024 3:40 PM IST

Bombay HC Holds Income From Leasing Of Property As Income From Business, Says Deciding Factor Is Not Ownership But Nature Of Activity

Bombay HC Holds 'Income From Leasing Of Property' As 'Income From Business', Says Deciding Factor Is Not Ownership But Nature Of Activity

23 Oct 2024 11:00 AM IST

Provision For Leave Encashment Not Debited To P&L A/c, Cant Be Added As Employers Income: Ahmedabad ITAT

Provision For Leave Encashment Not Debited To P&L A/c, Can't Be Added As Employer's Income: Ahmedabad ITAT

9 Sept 2024 8:30 PM IST

Rehabilitation Allowance received On Account Of Re-Development Of Society Cant Be Treated As Income: Mumbai ITAT

Rehabilitation Allowance received On Account Of Re-Development Of Society Can't Be Treated As Income: Mumbai ITAT

19 Aug 2024 5:00 PM IST

Income Tax Deduction Allowable To Interest Income Attributable To Cottage Industry Business: ITAT

Income Tax Deduction Allowable To Interest Income 'Attributable' To Cottage Industry Business: ITAT

19 Aug 2024 9:24 AM IST

ITAT Deletes Income Tax Addition On Interest Income Received Out Of FDs

ITAT Deletes Income Tax Addition On Interest Income Received Out Of FDs

13 Aug 2024 11:30 AM IST

Vague Notice With Inaccurate Particulars Of Income Vitiates Penalty Proceedings: ITAT

Vague Notice With Inaccurate Particulars Of Income Vitiates Penalty Proceedings: ITAT

12 Aug 2024 4:19 PM IST