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Income Tax Act

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TDS Deposited In Wrong PAN By Employer: Gauhati HC Denies Interest U/S 244A Of IT Act, Says It Applies Only When Refund Is Delayed By Dept

TDS Deposited In Wrong PAN By Employer: Gauhati HC Denies Interest U/S 244A Of IT Act, Says It Applies Only When Refund Is Delayed By Dept

11 Nov 2024 5:17 PM IST

[Income Tax] Assessing Authority Cant Reassess Prior Years Without Inquiry While Determining Relevant Years Assessment: Kerala High Court

[Income Tax] Assessing Authority Can't Reassess Prior Years Without Inquiry While Determining Relevant Year's Assessment: Kerala High Court

11 Nov 2024 12:00 PM IST

Consequential Order Passed By Assessing Authority Beyond Terms Of Remand By Commissioner Is Unacceptable: Kerala High Court

Consequential Order Passed By Assessing Authority Beyond Terms Of Remand By Commissioner Is Unacceptable: Kerala High Court

11 Nov 2024 11:30 AM IST

Mistake On Part Of AO Resulting In Under Assessment Of Income No Ground To Re-Open Assessment U/S 147 Of Income Tax Act: Delhi HC

Mistake On Part Of AO Resulting In Under Assessment Of Income No Ground To Re-Open Assessment U/S 147 Of Income Tax Act: Delhi HC

11 Nov 2024 10:30 AM IST

No Basis For Reassessment If Nature & Source Of Receipts Are Verified, AO Doesnt Find Any Contradictory Evidence: Delhi High Court

No Basis For Reassessment If Nature & Source Of Receipts Are Verified, AO Doesn't Find Any Contradictory Evidence: Delhi High Court

6 Nov 2024 4:20 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

Assessment Order Passed Before Expiry Of Time To File Reply Is Liable To Be Set Aside: Kerala High Court

Assessment Order Passed Before Expiry Of Time To File Reply Is Liable To Be Set Aside: Kerala High Court

28 Oct 2024 8:30 PM IST

Condonation Of Delay Application Should Focus On Sufficient Reason, Not Merits Of Claim U/S 119(2)(B) Of Income Tax Act: Kerala High Court

Condonation Of Delay Application Should Focus On Sufficient Reason, Not Merits Of Claim U/S 119(2)(B) Of Income Tax Act: Kerala High Court

28 Oct 2024 8:00 PM IST

Notice U/S 271(1)(c) Of IT Act Must Specify Whether Penalty Is Against Concealment Of Income Or Furnishing Incorrect Income: J&K High Court

Notice U/S 271(1)(c) Of IT Act Must Specify Whether Penalty Is Against 'Concealment' Of Income Or Furnishing 'Incorrect' Income: J&K High Court

23 Oct 2024 6:00 PM IST

S.245 IT Act | TDS Deducted By Employer Cant Be Adjusted Against Assessees Future Refund: Delhi High Court

S.245 IT Act | TDS Deducted By Employer Can't Be Adjusted Against Assessee's Future Refund: Delhi High Court

22 Oct 2024 6:00 PM IST

S.10(23G) IT Act | Capital Invested To Purchase Shares Of Infrastructure Facility Before June 1998 Cant Be Included In Total Income: Telangana HC

S.10(23G) IT Act | Capital Invested To Purchase Shares Of 'Infrastructure Facility' Before June 1998 Can't Be Included In Total Income: Telangana HC

22 Oct 2024 5:30 PM IST

Sales Commission Paid To Overseas Subsidiary For Non-Technical Services Is Not FTS, Does Not Attract TDS Liability U/S 195: Bangalore ITAT

Sales Commission Paid To Overseas Subsidiary For Non-Technical Services Is Not 'FTS', Does Not Attract TDS Liability U/S 195: Bangalore ITAT

22 Oct 2024 2:00 PM IST