• Income Tax

Validity of notice issued u/s 263 on incorrect grounds or evidence can be questioned

2 years ago

Validity of notice issued u/s 263 based on incorrect grounds or unsupported evidence can be questioned - ITAT In a…

  • Income Tax

AOP entitled benefit of basic exemption limit. not chargeable at Maximum Marginal Rate

2 years ago

AOP granted benefit of basic exemption limit by the ITAT holding that Maximum Marginal Rate was not applicable. In a…

  • Income Tax

Change of address in PAN Card not result change in Jurisdictional AO automatically – High Court

2 years ago

Change of address in PAN Card not result change in Jurisdictional Assessing Officer automatically – High Court In a recent…

  • Income Tax

Hardship compensation received from builder not taxable being capital receipt – ITAT

2 years ago

Hardship compensation received from builder not taxable being capital receipt - ITAT  In a recent judgment, ITAT Mumbai has held…

  • RBI

RBI allows persons resident outside India for purchase of Sovereign Green Bonds

2 years ago

Permission to persons resident outside India for purchase of Sovereign Green Bonds in the International Financial Services Centre (IFSC) in…

  • RBI

Premature redemption date/price announced for Sovereign Gold Bond 2018-19 VI Series

2 years ago

RBI has announced Premature redemption date/price for Sovereign Gold Bond 2018-19 VI Series Premature redemption under Sovereign Gold Bond (SGB)…

  • Income Tax

CIT revision order on the issue of Reduction in profit due to ICDS-V quashed by ITAT

2 years ago

CIT revision order on the issue of Reduction in profit due to ICDS-V quashed by ITAT In a recent judgment,…

  • Income Tax

Plausible view taken by AO on surrender made not open to revision u/s 263 – ITAT

2 years ago

Plausible view taken by AO on surrender made by assessee not open to revision u/s 263 of the Income Tax…

  • Income Tax

Notice can not be issued u/s 148 unless original return filed u/s 139(1) is processed – ITAT

2 years ago

Notice can not be issued u/s 148 unless original return filed u/s 139(1) is processed - ITAT In a recent…

  • Income Tax

Change of opinion not jurisdictional issue-Writ Petition against notice u/s 148 dismissed

2 years ago

Change of opinion not a jurisdictional issue-Writ Petition against notice u/s 148 was dismissed by the High Court due to…