Hardship compensation received from builder not taxable being capital receipt - ITAT In a recent judgment, ITAT Mumbai has held…
Permission to persons resident outside India for purchase of Sovereign Green Bonds in the International Financial Services Centre (IFSC) in…
RBI has announced Premature redemption date/price for Sovereign Gold Bond 2018-19 VI Series Premature redemption under Sovereign Gold Bond (SGB)…
CIT revision order on the issue of Reduction in profit due to ICDS-V quashed by ITAT In a recent judgment,…
Plausible view taken by AO on surrender made by assessee not open to revision u/s 263 of the Income Tax…
Notice can not be issued u/s 148 unless original return filed u/s 139(1) is processed - ITAT In a recent…
Change of opinion not a jurisdictional issue-Writ Petition against notice u/s 148 was dismissed by the High Court due to…
Cheque bounce accused acquitted as complainant did not show amount given as loan in his income tax return. In a…
Income Tax Relief to Cooperative Societies. Minister of Cooperation in a written reply to a question in the Lok Sabha…
No Penalty u/s 271E on repayment of loan by journal entries of sale bills - ITAT In a recent judgment,…