Kerala High Court denied the Section 10(37) capital gains exemption for land with trees, ruling that mere existence of rubber or fruit trees is insufficient. Assessee must prove actual agricultural ...
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.
The purchase consideration was paid in an earlier financial year, and only the registration occurred in the assessment year ...
Aishwarya Rai Bachchan has reportedly received relief from the Income Tax Department after the Income Tax Appellate Tribunal ...
A retired government employee successfully appealed a penalty after mistakenly claiming an excess gratuity tax exemption. The ...
S Vasudevan and Prachi Bhardwaj of Lakshmikumaran & Sridharan explain how India’s tax authorities face legal pushback over ...
LONDON, Oct 24 (Reuters) - Britain's ruling Labour Party remains committed to its pre-election tax pledges, including on income tax, minister Nick Thomas-Symonds told Sky News on Friday, ahead of next ...
ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday extended the deadline for filing the income tax returns for the 2025 tax year by 16 days. The notification stated that the income tax ...
Net direct tax collections grew 6.33% to Rs 11.89 lakh crore so far in AY 2025-26 as against Rs 11.18 lakh crore in the same period a year ago, mainly due to a sharp dip in income tax refunds, ...
SUPREME COURTSupreme Court Issues Notice To IndiGo On Plea Of Customs Dept & GST Council Against Ruling On IGST Exemption For Imported PartsCase : Principal Commissioner of Customs Acc (Import) and ...
ISLAMABAD: Tax advisers, experts, lawyers, chartered accountants and tax practitioners have requested Prime Minister Shahbaz Sharif to further extend the date for filing of income tax returns up to ...
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