Capital Gain Disputes: How to Defend Property Valuation Challenges before Authorities
Capital gains tax (CGT) often forms a significant portion of the tax liability arising from real estate transactions. While calculating capital...
![[BREAKING] Income Tax Return: CBDT notifies Revised ITR Forms 1 and 4 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/Income-Tax-Return-ITR-CBDT-Revised-ITR-Forms-1-and-4-TAXSCAN.jpg "[BREAKING] Income Tax Return: CBDT notifies Revised ITR Forms 1 and 4 [Read Notification]")
![Interest Received on Delayed Compulsory Agricultural Land Acquisition Compensation be Classified as Capital Gain: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Capital-Gain-1.jpg "Interest Received on Delayed Compulsory Agricultural Land Acquisition Compensation be Classified as Capital Gain: Kerala HC [Read Order]")
![Assessee Still Eligible for Section 54F Income Tax Deduction even when Sale Deed Executed after Two Years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Pune-Section-54F-Income-Tax-Deduction-TAXSCAN.jpg "Assessee Still Eligible for Section 54F Income Tax Deduction even when Sale Deed Executed after Two Years: ITAT [Read Order]")
Delhi HC Quashes ₹2,000 Cr Income Tax Notice against Maruti Suzuki, Declares It Time-Barred [Read Order]
In a recent ruling, the Delhi High Court quashed Rs. 2,000 crore income tax noticeby the Income Tax Department against Maruti Suzuki India Ltd. (the petitioner), holding that the reassessment notice...
![Delhi HC Quashes ₹2,000 Cr Income Tax Notice against Maruti Suzuki, Declares It Time-Barred [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-Income-Tax-Notice-Income-Tax-Maruti-Suzuki-case-updates-TAXSCAN.jpg "Delhi HC Quashes ₹2,000 Cr Income Tax Notice against Maruti Suzuki, Declares It Time-Barred [Read Order]")
Budget 2025 Proposes Extension of Special Tax Exemptions for Global Sovereign Wealth and Pension Funds Investing in Infrastructure
The Union Budget 2025 has introduced important changes to encourage foreign investment in India’s infrastructure sector. The government has extended the deadline for Sovereign Wealth Funds (SWFs) and...
Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]
The Delhi High Court, in a recent decision, remanded a case to the Assessing Officer ( AO ) for a fresh assessment of a case relating to held-to-maturity ( HTM ) securities. The petitioner, Punjab...
![Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Income-Tax-Delhi-High-Court-Income-Tax-Act-Punjab-National-Bank-TAXSCAN.jpg "Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]")
Reliance on Stamp Duty Valuation for Capital Gains Without DVO Report: ITAT Directs Reassessment [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) directed a reassessment of capital gains, after ruling that the reliance on stamp duty valuation without a District Valuation Officer (...
![Reliance on Stamp Duty Valuation for Capital Gains Without DVO Report: ITAT Directs Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Income-Tax-Appellate-Tribunal-Stamp-Duty-TAXSCAN.jpg "Reliance on Stamp Duty Valuation for Capital Gains Without DVO Report: ITAT Directs Reassessment [Read Order]")