Lok Sabha passes The Direct Tax Vivad se Vishwas Bill, 2020
The Lower House of the Parliament, Lok Sabha has passed The Direct Tax Vivad se Vishwas Bill, 2020 with Amendments. The Direct Tax Vivad se Vishwas...
Assessee’s Failure to File Return at the Material Time can’t be considered as Willful: Delhi HC [Read Judgment]
The Delhi High Court upheld the decision of the appellate tribunal that the assessee’s failure to file the return at the material time cannot be considered as willful. That search and seizure...
![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]")