![Credit of Dutch Tax Paid Allowable u/s 90 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Dutch-Tax-Tax-Credit-Income-Tax-Act-Income-Tax-taxscan.jpg "Credit of Dutch Tax Paid Allowable u/s 90 of Income Tax Act: ITAT [Read Order]")
Credit of Dutch Tax Paid Allowable u/s 90 of Income Tax Act: ITAT [Read Order]
The Mumbai Bench Income Tax Appellate Tribunal ( ITAT ) has held that the credit of Dutch tax paid are allowable under Section 90 of the Income Tax...
![Calcutta HC sets aside Transfer of Income Tax Jurisdiction to another state without Opportunity of Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Calcutta-Highcourt-Transfer-of-Income-Tax-Jurisdiction-Income-Tax-Jurisdiction-Income-Tax-taxcan.jpg "Calcutta HC sets aside Transfer of Income Tax Jurisdiction to another state without Opportunity of Hearing [Read Order]")
![Special Audit u/s 142(2A) of Income Tax Act 1961 can be conducted by Relying on Earlier Notice or A Fresh Notice: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Special-Audit-Income-Tax-Notice-Fresh-Notice-Supreme-Court-TAXSCAN.jpg "Special Audit u/s 142(2A) of Income Tax Act 1961 can be conducted by Relying on Earlier Notice or A Fresh Notice: Supreme Court [Read Order]")
![House Loan paid by Company Allotted to Directors for Residential Purpose Eligible for Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/House-Loan-Loan-Income-Tax-Deduction-Income-Tax-Deduction-Tax-ITAT-Taxscan.jpg "House Loan paid by Company Allotted to Directors for Residential Purpose Eligible for Income Tax Deduction: ITAT [Read Order]")
![Failure to Update Income Tax Portal cannot cause any Prejudice to Assessee: Bombay HC Quashes Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Portal-Income-Tax-Tax-Bombay-High-Court-taxscan.jpg "Failure to Update Income Tax Portal cannot cause any Prejudice to Assessee: Bombay HC Quashes Proceedings [Read Order]")
Delhi HC directs Income Tax Dept to Reconsider Taxability of Blackstone’s Investment in Agile Electric Sub-Assembly [Read Order]
A Division Bench of the Delhi High Court has recently directed the Income Tax department to reconsider the taxability of the investment made by the private equity firm Blackstone Capital Partners in...
![Delhi HC directs Income Tax Dept to Reconsider Taxability of Blackstone’s Investment in Agile Electric Sub-Assembly [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Delhi-HC-Income-Tax-Dept-Taxability-Blackstones-Investment-Agile-Electric-Sub-Assembly-TAXSCAN.jpg "Delhi HC directs Income Tax Dept to Reconsider Taxability of Blackstone’s Investment in Agile Electric Sub-Assembly [Read Order]")
Rental Income is Inseparably connected with Business of Cargo Handling Services: ITAT Allows Income Tax Deduction u/s. 80IA [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal ( ITAT ), Bangalore bench has held that the rental income which is inseparably connected with the business of cargo handling services shall...
![Rental Income is Inseparably connected with Business of Cargo Handling Services: ITAT Allows Income Tax Deduction u/s. 80IA [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Rental-Income-Income-Business-of-Cargo-Handling-Services-Cargo-Handling-Services-ITAT-Income-Tax-Deduction-Income-Tax-Deduction-Tax-taxscan.jpg "Rental Income is Inseparably connected with Business of Cargo Handling Services: ITAT Allows Income Tax Deduction u/s. 80IA [Read Order]")
Re-Assessment After 4 Years Merely based on 'Change of Opinion' is Time-Barred and Invalid: Rajasthan HC [Read Order]
The Rajasthan High Court has held that the re-assessment passed after 4 years merely based on a change of opinion without any tangible material would be time-barred under the provisions of section...
![Re-Assessment After 4 Years Merely based on Change of Opinion is Time-Barred and Invalid: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Re-Assessment-Invalid-Rajasthan-High-Court-taxscan.jpg "Re-Assessment After 4 Years Merely based on Change of Opinion is Time-Barred and Invalid: Rajasthan HC [Read Order]")
![Restaurant Business Eligible to Declare Income Tax on Presumptive Basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Restaurant-Business-Eligible-Declare-Income-Tax-ITAT-TAXSCAN.jpg "Restaurant Business Eligible to Declare Income Tax on Presumptive Basis: ITAT [Read Order]")
Direct Tax Collections at Rs. 14.71 lakh crore 24.58%,Higher than Corresponding Period of Last Year: Income Tax Dept
The income tax department has stated that the provisional figures of Direct Tax collections up to 10th January, 2023 continue to register steady growth. Direct Tax collections up to...
