Assessment quashed as the return of income was filed by the assessee was above Rs.10 lacs, for which, the jurisdiction…
Revenue record is only one of evidence and not a conclusive piece of evidence that land is used for agricultural…
High Court allows capital gain exemption u/s 54(1) on purchase of seven row houses before the amendment brought w.e.f. 01.04.2015.…
ICAI w.e.f. 01.04.2026 puts a limit of 60 number of tax audit assignments u/s 44AB of the Income Tax Act,…
Uncorroborated WhatsApp message, in the absence of any independent supporting evidence, cannot constitute a valid basis for initiating proceedings under…
Income-tax (Twentieth Amendment) Rules, 2025. Amendment to Rule 21AK CBDT notifies Income-tax (Twentieth Amendment) Rules, 2025. Amendment to Income Tax…
Relaxation of time for processing of e filed ITR filed upto 31.03.2024 erroneously invalidated by CPC. CBDT has issued Circular…
Time for compliance of notice is to be calculated not by the clock but by the calendar. - order u/s…
Exemption u/s 54F allowed by ITAT holding that investment in purchase of plot in the name of the spouse and…
Redemption price of Sovereign Gold Bond Scheme 2017-18 – Series II due on July 28, 2025, shall be ₹9,924/- Final redemption…