Budget 2024: TDS, TCS Relief for Salaried Individuals
The 2024-25 budget brings significant updates to tax deducted at source ( TDS ) and tax collected at source ( TCS ) regulations, impacting various...
![[Taxscan 360] Income Tax Returns Filing: Who, Which, Why, Where, How, and When?](https://www.taxscan.in/wp-content/uploads/2024/07/income-tax-income-tax-returns-income-tax-returns-filing-governed-by-the-Income-Tax-Act-direct-tax-annual-income-entity-in-a-financial-year-income-tax-news-taxscan.jpg "[Taxscan 360] Income Tax Returns Filing: Who, Which, Why, Where, How, and When?")
Auction based on quashed Exparte ITAT Order: Punjab & Haryana HC imposes Cost on Income Tax Authorities [Read Order]
The Punjab and Haryana High Court has held that the auction proceedings based on a quashed ex-parte income tax appellate tribunal ( ITAT ) order by the tax recovery officer are void ab initio. M/s...
![Auction based on quashed Exparte ITAT Order: Punjab & Haryana HC imposes Cost on Income Tax Authorities [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Punjab-and-Haryana-High-Court-Income-Tax-Tax-news-taxscan.jpg "Auction based on quashed Exparte ITAT Order: Punjab & Haryana HC imposes Cost on Income Tax Authorities [Read Order]")
Personal Identity of Depositors Confirmed: ITAT upholds deletion of addition u/s 68 of Income Tax Act [Read Order]
The two member bench of the Income Tax Appellate Tribunal ( ITAT ) Delhi, upheld the deletion of addition under Section 68 of the Income Tax Act, 1961, confirming the personal identity of depositors....
![Personal Identity of Depositors Confirmed: ITAT upholds deletion of addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/TAT-Delhi-Income-Tax-Act-Income-Tax-ITAT-Decision-on-Section-68-Income-Tax-Act-Section-68-Taxscan.jpg "Personal Identity of Depositors Confirmed: ITAT upholds deletion of addition u/s 68 of Income Tax Act [Read Order]")
Delhi HC orders fresh proceedings as Income Tax Officers lack approval to initiate Reassessment Proceedings from Designated Authority [Read Order]
The Delhi High Court, in quashing the contested notices and orders, directed the income tax officers to commence new reassessment proceedings against the assessee, adhering to the prescribed legal...
![Delhi HC orders fresh proceedings as Income Tax Officers lack approval to initiate Reassessment Proceedings from Designated Authority [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Delhi-HC-Delhi-high-court-Income-Tax-Delhi-High-Court-reassessment-order-Delhi-High-Court-and-income-tax-reassessment-Income-Tax-officers-Reassessment-Proceedings-Taxscan.jpg "Delhi HC orders fresh proceedings as Income Tax Officers lack approval to initiate Reassessment Proceedings from Designated Authority [Read Order]")
Notice for continuing assessment proceedings of deceased person issued on Individual name instead of HUF: ITAT directs re adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, while directing readjudication, observed that the notice for continuing assessment proceedings of deceased persons was issued in the individual...
![Notice for continuing assessment proceedings of deceased person issued on Individual name instead of HUF: ITAT directs re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/itat-delhi-Deceased-person-tax-assessment-Continuing-assessment-of-a-deceased-person-HUF-assessment-proceedings-Taxscan.jpg "Notice for continuing assessment proceedings of deceased person issued on Individual name instead of HUF: ITAT directs re adjudication [Read Order]")