The purchase consideration was paid in an earlier financial year, and only the registration occurred in the assessment year ...

Karnataka High Court held that notice under section 148 of the Income Tax Act issued and served without signature of the Assessing Officer is a foundational defect and the same cannot be ignored.

Actress Aishwarya Rai Bachchan secured a significant win in her tax case. The Income Tax Appellate Tribunal in Mumbai ruled ...

The Delhi High Court dismissed an appeal challenging the ITAT's rejection of a rectification plea to recall an appeal order; the court found no mistake apparent on record and upheld the ITAT's finding ...

A woman received Rs 1.85 crore from a builder for delayed flat construction. The tax department sought to apply Section 50C, ...

Aishwarya Rai Bachchan has reportedly received relief from the Income Tax Department after the Income Tax Appellate Tribunal ...

The Mumbai bench of the income tax appellate tribunal (ITAT) has ruled in favour of actor Aishwarya Rai Bachchan, deleting a ...

The Karnataka High Court (HC) has disposed of a writ petition filed by Buckeye Trust after the income tax appellate tribunal ...

A Delhi resident finally won a six-year-long legal battle against the Income Tax Department after being wrongly accused of ...

The company received an order from the Assistant Registrar of the Income Tax Appellate Tribunal (ITAT) in New Delhi, upholding all grounds of appeal filed by PB Fintech against a prior decision made ...

A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax ...

A Kolkata tax court has recently ruled that a large gift from a brother-in-law is completely exempt from income tax, even if ...