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EY Resigns as Asda's Auditor
Ernst and Young, a prominent member of the Big 4 accountancy firms, has officially resigned from its role as the auditor for Asda. Despite the...
![Setback to Moraj Group Director: ITAT upholds Assumption of 5% of Cost of Acquisition as Income from Property [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Moraj-Group-Director-ITAT-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "Setback to Moraj Group Director: ITAT upholds Assumption of 5% of Cost of Acquisition as Income from Property [Read Order]")
![ITAT disallows Indexed cost of Acquisition and improvement on Failure to produce Conveyance Deed [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-cost-of-Acquisition-cost-of-Acquisition-and-improvement-on-Failure-taxscan.jpg "ITAT disallows Indexed cost of Acquisition and improvement on Failure to produce Conveyance Deed [Read Order]")
![No Addition can be made on Compensation received from Government on Account of Acquisition of Land: ITAT[Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/received-Government-Account-of-Acquisition-of-Land-ITAT-TAXSCAN.jpg "No Addition can be made on Compensation received from Government on Account of Acquisition of Land: ITAT[Read Order]")
![Agricultural Land acquired under Compulsory Acquisition is Exempt Income u/s 10(37): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Agricultural-Land-Acquisition-Income-ITAT-taxscan.jpg "Agricultural Land acquired under Compulsory Acquisition is Exempt Income u/s 10(37): ITAT [Read Order]")
ITAT allows LTCG Claim since Revenue failed to establish link between Transactions and Information from Intelligence Wing & SEBI Report [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the claim for long-term capital gain shall be allowed for the reason that the Revenue failed to establish the link between the...
![ITAT allows LTCG Claim since Revenue failed to establish link between Transactions and Information from Intelligence Wing & SEBI Report [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/ITAT-LTCG-Intelligence-Wing-SEBI-Report-Taxscan.jpeg "ITAT allows LTCG Claim since Revenue failed to establish link between Transactions and Information from Intelligence Wing & SEBI Report [Read Order]")
![ITAT allows Depreciation on Goodwill resulting from Acquisition of Business Unit [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Acquisition-Business-Unit-Goddwill-ITAT-Taxscan.jpg "ITAT allows Depreciation on Goodwill resulting from Acquisition of Business Unit [Read Order]")