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Income Tax Act 1961

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Bank Juristic Person, No Mens Rea : Supreme Court Quashes FIR Against HDFC Bank & Officials For Violating Income Tax Dept Order

'Bank Juristic Person, No Mens Rea' : Supreme Court Quashes FIR Against HDFC Bank & Officials For Violating Income Tax Dept Order

22 Oct 2024 5:35 PM IST

TOLA Extends Income Tax Reasssment Timelimit; Notices Can Be Issued After 2021 Under Old Regime : Supreme Court

TOLA Extends Income Tax Reasssment Timelimit; Notices Can Be Issued After 2021 Under Old Regime : Supreme Court

3 Oct 2024 12:45 PM IST

Income Tax Act | Supreme Court Refuses To Give Retrospective Application To 2022 Amendment To S.80DD Regarding Jeevan Adhar Policies

Income Tax Act | Supreme Court Refuses To Give Retrospective Application To 2022 Amendment To S.80DD Regarding 'Jeevan Adhar' Policies

4 Sept 2024 12:23 PM IST

Mistake In Calculation Of Tax As Per Sec 115BBE Can Be Rectified U/s 154 And Not U/s 263: Ahmedabad ITAT Quashes Revision Made By PCIT

Mistake In Calculation Of Tax As Per Sec 115BBE Can Be Rectified U/s 154 And Not U/s 263: Ahmedabad ITAT Quashes Revision Made By PCIT

15 Aug 2024 7:45 PM IST

Reassessment Notices & Order Passed Contrary To Notified Mandatory Faceless Procedure U/s 151A Are Liable To Be Quashed: Bombay HC

Reassessment Notices & Order Passed Contrary To Notified Mandatory Faceless Procedure U/s 151A Are Liable To Be Quashed: Bombay HC

12 Aug 2024 8:30 AM IST

Absence Of Diligence On Part Of Applicant Would Disentitle It To Benefit Of Condonation Of Delay As Per Sec 249(2): Pune ITAT

Absence Of Diligence On Part Of Applicant Would Disentitle It To Benefit Of Condonation Of Delay As Per Sec 249(2): Pune ITAT

6 Aug 2024 6:15 PM IST

Interest Income Earned From Deposits With Co-Operative Banks Shall Be Allowed As Deduction U/s 80P(2)(D): Ahmedabad ITAT

Interest Income Earned From Deposits With Co-Operative Banks Shall Be Allowed As Deduction U/s 80P(2)(D): Ahmedabad ITAT

6 Aug 2024 5:15 PM IST

Additions U/s 69C On Account Of Excess Stock Cant Be Based On Third Party Statements Alone Without Any Corroboration: Delhi ITAT

Additions U/s 69C On Account Of Excess Stock Can't Be Based On Third Party Statements Alone Without Any Corroboration: Delhi ITAT

6 Aug 2024 3:15 PM IST

Mistake Of Law – Is It A Checkmate? Not So apparent!

Mistake Of Law – Is It A Checkmate? Not So apparent!

5 Aug 2024 1:07 PM IST

Unexplained Cash Credited To Assessees Book Would Be Treated As Taxable Income Under Income Tax Act, 1961: Chhattisgarh High Court

Unexplained Cash Credited To Assessee's Book Would Be Treated As Taxable Income Under Income Tax Act, 1961: Chhattisgarh High Court

5 Aug 2024 12:26 PM IST

Wrong Assessment U/s 44ADA By AO Attracts Revisionary Interference: Punjab & Haryana HC Upholds Revision By PCIT U/s 263

Wrong Assessment U/s 44ADA By AO Attracts Revisionary Interference: Punjab & Haryana HC Upholds Revision By PCIT U/s 263

1 Aug 2024 3:15 PM IST

Rationalisation Of Charitable Trusts Provisions: Budget 2024-25

Rationalisation Of Charitable Trusts Provisions: Budget 2024-25

23 July 2024 3:51 PM IST