Income Tax Dept Seizes Rupees 1 crore hidden in a Tree
One crore rupees was seized by the Income Tax Department from the residences of the brother of a political leader in Karnataka. Raids on suspects are...
![Any Action of Income Tax Dept Violating CBDT Instructions Untenable in Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Dept-CBDT-CBDT-Instructions-income-Tax-Law-ITAT-taxscan.jpg "Any Action of Income Tax Dept Violating CBDT Instructions Untenable in Law: ITAT [Read Order]")
Income Tax Dept cannot Avail Extended Time Limit for Re-Assessment without New or Tangible Material: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held the income tax department cannot avail the extended time limit for re-assessment under the Income Tax Act, 1961 without new or...
![Income Tax Dept cannot Avail Extended Time Limit for Re-Assessment without New or Tangible Material: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Dept-income-tax-Extended-Time-Re-Assessment-Tangible-Material-ITAT-Taxscan.jpg "Income Tax Dept cannot Avail Extended Time Limit for Re-Assessment without New or Tangible Material: ITAT [Read Order]")
Relief to Xiaomi India: Karnataka HC sets aside Provisional Attachment of Rs. 3700 Crore by Income Tax Dept [Read Order]
A Single Bench of Karnataka High Court has recently set aside the provisional attachment of the fixed deposits of tech giant Xiaomi India to the tune of Rs. 3700 Crore, in a major relief to Xiaomi...
![Relief to Xiaomi India: Karnataka HC sets aside Provisional Attachment of Rs. 3700 Crore by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Xiaomi-India-Karnataka-High-court-Provisional-Attachment-Income-Tax-Dept-Taxscan.jpg "Relief to Xiaomi India: Karnataka HC sets aside Provisional Attachment of Rs. 3700 Crore by Income Tax Dept [Read Order]")
Granting Fake Refund Claim by Manipulating E-Records: Allahabad HC denies Bail to Officer of Income Tax Dept [Read Order]
The Allahabad High Court has rejected a bail application by the then tax assistant for the alleged offense of granting fake refund claims by tampering with the electronic evidences and computer...
![Granting Fake Refund Claim by Manipulating E-Records: Allahabad HC denies Bail to Officer of Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Fake-Refund-Claim-E-Records-Allahabad-HC-Bail-Officer-Income-Tax-Department-taxscan.jpg "Granting Fake Refund Claim by Manipulating E-Records: Allahabad HC denies Bail to Officer of Income Tax Dept [Read Order]")
Withholding of Refund of Rs. 54 Crores by Income Tax Dept: Delhi HC directs to Process Refund to KRBL with Interest [Read Order]
In a major relief to M/s KRBL Limited, a division bench of the Delhi High Court has ordered the income tax department to process the refund of Rs. 54 Crores along with interest. The orders were...
![Withholding of Refund of Rs. 54 Crores by Income Tax Dept: Delhi HC directs to Process Refund to KRBL with Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Dept-Delhi-HC-Refund-KRBL-Interest-taxscan.jpg "Withholding of Refund of Rs. 54 Crores by Income Tax Dept: Delhi HC directs to Process Refund to KRBL with Interest [Read Order]")