ITAT Jodhpur Quashes Reassessment as Notice under Section 148 Issued by Jurisdictional AO Instead of Following Faceless Assessment Scheme

Whether the penalty under Section 271AA was valid for non-reporting of a reimbursement transaction in Form 3CEB.

ITAT Affirms: Agricultural Income Cannot Be Disbelieved Merely for Lack of Expense Claims

Whether the non-reflection of TDS in Form 26AS disentitles the assessee from claiming credit of TDS under the Income Tax Act?

ITAT Mumbai Judgement on cash deposit in a an account with Renuka mata Society

Whether penalty proceedings under Section 271(1)(c) can be initiated and sustained against a HUF which is dissolved before the initiation of such proceedings?

Non-compliance of Section 133(6) notice by the lender alone could not be a basis for treating the loan as non-genuine

Can Sec 148 notices be issued on the basis of an AIS mismatch?

Capital Gains Account Scheme: Confusion & Clarification (II) – Bureaucracy, Bewilderment & the Battle for Tax Exemption

ITAT grants Section 11 relief by holding that amendment is prospective and not punitive as Onerous compliance not to apply backwards

No need for registered deed, Investment and possession are enough for capital gain exemption: ITAT

Imposition of penalty merely on technical mistake committed by the assessee without any loss of revenue would not be sustainable.

Why Your Salary Disappears by Mid-Month — And How to Stop It

Cash deposit during Demonetization: ITAT deletes the addition as a trail of cash flow established the source of the deposits.

Any debatable issues should be assessed under scrutiny assessment under section 143(3) & not through summary processing under Section 143(1)(a)

Capital Gain Exemption: Separate floors of a singular house are not required to be considered as multiple residential houses

An overview of the provision related to GST on Road Transport Services

Taxpayers can file ITR 1 and ITR 4 ! Excel Utilities only released !