Section 50C Addition Cannot Survive When AO Fails to Refer Valuation Dispute to DVO: ITAT

TDR Received Against Surrender of Land Is Taxable as Capital Gains: ITAT Bangalore

TDS Deducted but Not Deposited by Employer: Bombay High Court Protects the Deductee

Once an Inquiry Under Section 148A(a) Is Approved, the Assessing Officer Cannot Skip It: Chhattisgarh High Court Quashes Reassessment

Can Penalty Under Section 271(1)(c) Be Levied on Estimated Bogus Purchase Additions? ITAT Says No

CBDT turns its attention to Form 15CB – and to the Accountants who sign it

Rejected of application done under Section 119(2)(b) Application: Is It Appealable?

87A Rebate: When the Computer Said “No”, Nagpur ITAT Said “Yes”

One House, Two Houses or Three? The Changing Tax Story of Home Ownership

129 Days Late, But Not Too Late: Nagpur ITAT directed CIT (A) to decide the case on merits after providing an opportunity of hearing to the Assessee

Income Tax Reassessment Notice Issued to a Dead Person: ITAT Nagpur Restores Case to CIT(A)

Section 153C Cannot Be Invoked After 1 April 2021 for an “Other Person” Merely Because the Search Was Conducted Earlier: ITAT Bangalore

Is Surcharge Automatically Payable When Income Is Taxed at the Maximum Marginal Rate (MMR)? ITAT Mumbai Says No

Received Salary Arrears? Don’t Miss Section 89 Relief-It Could Save You Thousands in Income Tax

When 80P Meets Bank Interest: Nagpur ITAT Reaffirms the View on allowability of deduction of credit cooperative societies

When Tax Rules Surprise You – The Taxman Isn’t Always Asking for More!

Section 69 Addition Cannot Be Based on Mere Suspicion or ‘Human Probabilities’ Once the Source of Cash Is Proved: ITAT Chennai

Is a Section 143(2) Notice Invalid If It Does Not Mention ‘Limited Scrutiny’ or ‘Complete Scrutiny’? ITAT Special Bench Says No