Headlines Page 494

Begin typing your search above and press return to search.

Home
»
Headlines

Unexplained Loans of Rs. 4.28 Crore: ITAT upholds CIT(A) Decision to delete Addition [Read Order]

The Jaipur Bench of Income Tax Appellate Tribunal(ITAT) upheld the Commissioner of Income tax(Appeals)[CIT(A)]'s decision to delete the Rs. 4.28...

Income Tax Bill 2025 Proposes Replacing 'Previous Year' with 'Tax Year' [Read Bill]

Relief to ITI IMC: ITAT Rules Government Grants Received Years Ago Still Qualify as Funding if FD...

Income Tax Bill 2025 Likely to Be Tabled in Parliament Tomorrow [Read Bill]

List of Sections in the New proposed Income Tax Act, 2025 [Read Bill]

[BREAKING] New Income Tax Bill 2025 Out Now, set to be Tabled Soon [Read Bill PDF]

The New Income Tax Bill, set to be tabled at the Lok Sabha by the Union Finance Minister Nirmala Sitharaman is out now. This is set to replace the decades old Income Tax Act of 1961. The Bill has 536...

Owners Must Pay Duty on Redeemed Confiscated Goods, Regardless of Who Imported It: CESTAT [Read Order]

The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) ruled that an owner must pay customs duty on redeemed confiscated goods under Section 125(2) of the Customs...

ITAT Upholds Tax Exemption for Trust, Citing Consistency in Previous Assessments [Read Order]

The Income Tax Appellate Tribunal ( ITAT ) Bangalore Bench dismissed the appeals filed by the Income Tax Department, ruling that the Commissioner of Income Tax (Appeals) CIT(A) correctly allowed tax...

ITAT Grants Section 80IA Deduction, Recognizes Infrastructure Development Role [Read Order]

The Income Tax Appellate Tribunal ( ITAT ) Mumbai has ruled in favor of Patil Construction and Infrastructure Ltd., allowing deductions under Section 80IA of the Income Tax Act, 1961 for Assessment...

ITAT remands Case Back to AO Due to Lack of Proper Inquiry [Read Order]

The Income Tax Appellate Tribunal ( ITAT ) Rajkot Bench sent a case back to the Assessing Officer (AO) for fresh adjudication, stating that the authorities failed to conduct a proper inquiry...

Beware of Fraudulent GST Violation Notice: Know How to Verify Authenticity of GST Notice

Although getting a GST notification can be unsettling, it's important to confirm its legitimacy to prevent being a victim of fraud. To ensure compliance and prevent fraud, it is essential to...

Relief to Hyundai Motors: Cenvat Credit on roadside assistance not Input Service under Rule 2(l) of CCR [Read Order]

In a recent case, the Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) as a relief to Hyundai Motors held that Cenvat Credit on roadside assistance not fall under...

Prev Page Next Page