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![Share Trading through Benami: ITAT upholds Denial of Claim of Business Loss [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Share-Trading-Benami-ITAT-Business-Loss-taxscan.jpeg "Share Trading through Benami: ITAT upholds Denial of Claim of Business Loss [Read Order]")
Share Trading through Benami: ITAT upholds Denial of Claim of Business Loss [Read Order]
While considering a bunch of appeals the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that share trading through Benami can’t...
![Public Servants prohibited from accepting any Foreign Contributions: Govt. notifies FCRA Amendment, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/Foreign-Contributions-Amendment-Taxscan.jpg "Public Servants prohibited from accepting any Foreign Contributions: Govt. notifies FCRA Amendment, 2020 [Read Notification]")
![Lok Sabha clears The Foreign Contribution (Regulation) Amendment Bill, 2020 [Read Bill]](https://www.taxscan.in/wp-content/uploads/2020/09/FCRA-Lok-Sabha-Foreign-Contribution-Amendment-Bill-Taxscan.jpg "Lok Sabha clears The Foreign Contribution (Regulation) Amendment Bill, 2020 [Read Bill]")
![Income Tax Department is back after 3 months, to connect with Assessees facing probe [Read Letter]](https://www.taxscan.in/wp-content/uploads/2020/08/Income-Tax-Department-Assessees-Taxscan.jpg "Income Tax Department is back after 3 months, to connect with Assessees facing probe [Read Letter]")
![Purpose of Provisional Order of Attachment for Pending Adjudication is to Ensure No Third Party Interest is created over Property: Chhattisgarh HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Review-Power-Chhattisgarh-High-Court-Taxscan-1.jpg "Purpose of Provisional Order of Attachment for Pending Adjudication is to Ensure No Third Party Interest is created over Property: Chhattisgarh HC [Read Judgment]")
Financial Assistance by Father with Intention of Welfare of Sons not ‘Benami’: Supreme Court [Read Judgment]
The Supreme Court in the case of Smt. P. Leelavathi v. V. Shankarnarayana Rao held that the intention of the father to give financial assistance was for the purpose of welfare of his sons and not...
![Financial Assistance by Father with Intention of Welfare of Sons not ‘Benami’: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/01/Property-Tax-Supreme-Court-of-India-Taxscan.jpg "Financial Assistance by Father with Intention of Welfare of Sons not ‘Benami’: Supreme Court [Read Judgment]")
