ITC on proportionate

Recent Posts

• 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