Loss on account of forfeiture of advance if incidental to the business of the assessee is allowable as a deduction
Reassessment Notice issued after 01/04/2021 without following new procedure quashed by Delhi HC: Biggest relief to the taxpayers
Assessee not liable to pay Income Tax as property belongs to HUF of Assessee and not individual: ITAT
Clarification of holding of Annual General Meeting (AGM) through video Conference (VC) or Other Audio Visual Means (OAVM)
Delhi HC Quashed notices issued under section 148 after 31.3.21 without complying with provisions of section 148A.
Land under the aegis of a town planning authority but administered by a gram panchayat is not a capital asset: ITAT Ahmedabad
A statement recorded during the course of search cannot be considered an incriminating material in order to make addition in an unabated assessment year
Interest on income tax refund not taxable if at the time of regular assessment demand has been raised against the assessee and refund u/s 143(1) is wiped off.
Severance Pay received by employee for loss of job is capital receipt & not taxable under the Income Tax Act
