Income Tax Department conducts Search on a group of individuals, Hawala dealers and Businessmen in Raipur
On 27.02.2020, Income Tax Department conducted a search on a group of individuals, hawala dealers, and businessmen in Raipur. The search action was...
![Assessee’s Failure to File Return at the Material Time can’t be considered as Willful: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Assessees-Failure-Delhi-High-Court-Taxscan.jpg "Assessee’s Failure to File Return at the Material Time can’t be considered as Willful: Delhi HC [Read Judgment]")
![ITAT stays Rs. 398 Crores Tax Demand on Lucknow Development Authority [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Lucknow-Development-Authority-ITAT-Income-Tax-Taxscan.jpg "ITAT stays Rs. 398 Crores Tax Demand on Lucknow Development Authority [Read Order]")
Delhi HC recalls Look Out Circular against Chartered Accountant where he co-operate in Investigation [Read Order]
The Delhi High Court has recalled the Look Out Circular against a Chartered Accountant (CA), however, the court imposed certain conditions and the petitioner was directed to co-operate in the...
![Delhi HC recalls Look Out Circular against Chartered Accountant where he co-operate in Investigation [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Look-Out-Circular-Chartered-Accountant-Investigation-Delhi-High-Court-Taxscan.jpg "Delhi HC recalls Look Out Circular against Chartered Accountant where he co-operate in Investigation [Read Order]")
Developer cannot claim Deduction on Expenses incurred on Land if Bills were generated after It’s Transfer: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the developer is not eligible for claiming deduction in respect of the expenses incurred on the land if the bills were raised...
![Developer cannot claim Deduction on Expenses incurred on Land if Bills were generated after It’s Transfer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Deduction-land-Developer-Expenses-ITAT-Taxscan.jpg "Developer cannot claim Deduction on Expenses incurred on Land if Bills were generated after It’s Transfer: ITAT [Read Order]")
Calling for Income Tax Return, not violative of Right to Privacy as it is a Government Document: Telangana HC [Read Judgment]
The Telangana High Court held that a calling for an income tax return by the court is not violative of the fundamental right i.e. the Right to Privacy under Article 21 of Part III of the Constitution...
![Calling for Income Tax Return, not violative of Right to Privacy as it is a Government Document: Telangana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Income-Tax-Return-Taxscan.jpg "Calling for Income Tax Return, not violative of Right to Privacy as it is a Government Document: Telangana HC [Read Judgment]")
![License Fee paid to Indian Railway allowable as Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Indian-Railway-Depreciation-License-Fee-Income-Tax-Taxscan.jpg "License Fee paid to Indian Railway allowable as Depreciation: ITAT [Read Order]")
ITAT imposes Penalty of Rs. 5,000 on Assessee for Delay in filing Appeal and Non-Appearance before Tax Authorities [Read Order]
In a significant ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has imposed a penalty of Rs. 5000 on an assessee on the grounds of a delay of 358 days in filing appeal and...
![ITAT imposes Penalty of Rs. 5,000 on Assessee for Delay in filing Appeal and Non-Appearance before Tax Authorities [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Assessee-Penalty-Appeal-Income-Tax-Income-Tax-Officer-Taxscan.jpg "ITAT imposes Penalty of Rs. 5,000 on Assessee for Delay in filing Appeal and Non-Appearance before Tax Authorities [Read Order]")