Wrong Claim in the ITR & power of Rectification U/s 154

Penalty Notice: Where specific charges are not levelled, the notice would be defective and need to be quashed

Cash gift during marriage & income Tax Applucability

Deduction towards Health Insurance & Health Expenses in the Income Tax Act

Revaluation of the Asses by the partnership firm attracts Capital Gain Tax: Supreme Court

DTAA amendment by Australia may come into effect from 1st April:

I – T raidsin Chhattisgarh make glaring revelations

Assessee eligible to get interest on refund arising due to recomputation of income by AO: HC

Tax Dept. conducts search on group engaged in business of gold & diamond jewellery and real estate

Sec. 43CA amendment increasing safe harbour limit from 5% to 10% on sale of immovable property has retrospective effect

Eligibility for becoming ITAT Member: Supreme Court Issues Notice On Challenge Against Provision Requiring Chartered Accountants to Have 25 Yrs Minimum Experience

Agricultural land converted into non agricultural merely for facilitating sale is not a capital asset: ITAT Bangalore

Income earned in Dubai by UAE resident and invested in India is not taxable as unexplained investment: ITAT Mumbai

Genuine Business Transactions cannot be Disallowed under section 40(3) Income Tax: ITAT

ED has power to attach properties even in the case of moratorium under IBC: Delhi HC

No appeal by GST Department against Supreme Court’s decision in Mohit Minerals on the imposition of IGST on ocean freight

SOP for Penalties under Faceless Penalty Scheme-2021

Prosecution proceedings quashed by HC for demand raised by AO relying upon order of CIT(A) which was set aside by ITAT