Not a Big Deal for India, says Central Govt analysing US Import Tariff Hikes
As trade negotiations between India and the US continue, New Delhi is carefully evaluating the economic implications of the 26% retaliatory tariffs...
![Vehicle Tax Exemption Allowable on Car Purchased by Visually Challenged Person: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Vehicle-Tax-Exemption-Allowable-Car-Purchased-Visually-Challenged-Person-Madras-HC-TAXSCAN.jpg "Vehicle Tax Exemption Allowable on Car Purchased by Visually Challenged Person: Madras HC [Read Order]")
Delhi Sessions Court Orders Investigation Against ED Assistant Director and Other officers for Unjustified Imprisonment of Accused for 17 days
A Sessions Court in Delhi ordered the Director of Directorate of Enforcement (ED) for conducting an inquiry against an investigating officer, who being an Assistant Director-rank officer, and his...
Claim of LTCG Not Allowable when Transactions of Transfer of Land does not Falls Within Ambit of Section 45 of Income Tax Act : ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the claim of Long Term Capital Gain (LTCG) was not allowable when the transaction of transfer of land does not fall within...
![Claim of LTCG Not Allowable when Transactions of Transfer of Land does not Falls Within Ambit of Section 45 of Income Tax Act : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Claim-LTCG-Allowable-Transactions-Transfer-Land-Ambit-Income-Tax-Act-TAXSCAN.jpg "Claim of LTCG Not Allowable when Transactions of Transfer of Land does not Falls Within Ambit of Section 45 of Income Tax Act : ITAT [Read Order]")
ED conducts Search at Premises of Builders and Chartered Accountants of Ex-MLA Late Atiq Ahmad, Seizes Rs. 17.80 Lakh
Directorate of Enforcement (ED) has conducted searches on 14.06.2023 and 15.06.2023 at 10 premises located in Prayagraj, Lucknow and New Delhi belonging to various aides and associates of Late Atiq...
![ITAT deletes Late filing Fee u/s. 234E of IT Act on the Ground of Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-late-filing-fee-IT-Act-limitation-Income-tax-late-fee-income-tax-act-taxscan.jpg "ITAT deletes Late filing Fee u/s. 234E of IT Act on the Ground of Limitation [Read Order]")
Rejection of Maintenance Claim u/s 40(a)(ia) of Income Tax Act without Proper Verification: ITAT quashes Order [Read Order]
The New Delhi bench of Income Tax Appellate Tribunal(ITAT) held that the claim of maintenance for building under Section 40(a)(ia) of Income Tax Act, 1961 rejected without proper verification of...
![Rejection of Maintenance Claim u/s 40(a)(ia) of Income Tax Act without Proper Verification: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/maintanance.jpg "Rejection of Maintenance Claim u/s 40(a)(ia) of Income Tax Act without Proper Verification: ITAT quashes Order [Read Order]")