Income Tax Raids on a real estate group in Mumbai and Navi Mumbai: No TDS on an amount of Rs. 300 Cr, Digital evidences of Tax evasion etc found
Redevelopment Agreement: Benefit received by Flat Owner in Society from developer on redevelopment is not taxable
Rectification application against 143(1)(a): Court directed to dispose of the petitioner’s rectification application within six weeks
The purpose with which the law is enacted is more important for granting capital gain exemption u/s 54 or 54F
Income Tax Raid in MP: Accommodation entries Rs. 40 crore, Suppression of cash receipts Rs. 25 crore, Unaccounted cash Rs. 10 crore found
Income Tax Officer cannot disregard the transaction just because it results in a tax advantage to the assessee.
Kerala HC also admit petitions challenging the validity of faceless assessment procedure under Income Tax
Non issuance of Show Cause Notice and Draft Assessment Order is violation of Section 144B: Court set aside the order