The purchase consideration was paid in an earlier financial year, and only the registration occurred in the assessment year ...
It seems that the stars are on Aishwarya Rai Bachchan’s side these days. The actress, who is called the beauty queen of ...
Actress Aishwarya Rai Bachchan secured a significant win in her tax case. The Income Tax Appellate Tribunal in Mumbai ruled ...
A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...
ITAT Mumbai upheld relief granted by CIT(A) to Aishwarya Rai Bachchan, holding that the AO failed to record satisfaction before rejecting the assessee’s suo-moto disallowance under Section 14A. The ...
The Tribunal directed estimation of income at 8% under Section 44AD after disallowing expenses due to lack of evidence in Friends Transport Carrier vs ...
A Kolkata tax court has recently ruled that a large gift from a brother-in-law is completely exempt from income tax, even if ...
A woman received Rs 1.85 crore from a builder for delayed flat construction. The tax department sought to apply Section 50C, ...
The Mumbai bench of the income tax appellate tribunal (ITAT) has ruled in favour of actor Aishwarya Rai Bachchan, deleting a ...
Some disputes run longer than others. The largest category for cases that drag on for at least a decade -- such as the one ...
Rule 8D of the Income Tax Rules prescribes a specific formula-based approach to quantify the disallowance under Section 14A, ...
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an independent enquiry or verification by the ...
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