It seems that the stars are on Aishwarya Rai Bachchan’s side these days. The actress, who is called the beauty queen of ...

The Madras High Court held that recovery of penalty under Section 271(1)(c) shall remain stayed when the main income tax ...

The Kerala High Court quashed an Income Tax Appellate Tribunal (ITAT) order because the Tribunal decided the case ex parte on the first posting date. The Court ruled this a clear violation of natural ...

In a significant ruling that brings relief to homebuyers across India, the Income Tax Appellate Tribunal (ITAT) has clarified that compensation received from a builder for delayed possession of a flat ...

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 ...

Aishwarya Rai Bachchan won her income tax case after ITAT Mumbai removed a Rs 4 crore disallowance raised by the department. The tribunal said the assessing officer failed to justify the additional ...

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

Aishwarya Rai Bachchan secures a favourable ruling in a high-profile income tax case, as ITAT Mumbai overturns a Rs 4 crore tax disallowance relating to exempt income claims and clarifies procedural ...

Rule 8D of the Income Tax Rules prescribes a specific formula-based approach to quantify the disallowance under Section 14A, ...

The Kolkata ITAT has ruled that gifts from a brother-in-law, including those from abroad, are tax-exempt under Section ...

SUPREME COURTAutomobile Dealers Association Moves Supreme Court Over Compensation Cess Lapse After GST 2.0 Reforms, Claims ...