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Leveraging Different Loans for Tax Benefits: A Guide to Smart Financial Planning
Introduction: Loans are a common financial tool used by individuals to achieve various goals, such as purchasing a home, financing education, or...
![CBDT notifies New Norms for Approving Panel under GAAR [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/01/GAAR-Taxscan.jpg "CBDT notifies New Norms for Approving Panel under GAAR [Read Notification]")
![Company granting Bonus to Employees or Shareholder entitled to Tax benefits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Bonus-Tax-Benefit-Shareholder-ITAT-Employee-Taxscan.jpg "Company granting Bonus to Employees or Shareholder entitled to Tax benefits: ITAT [Read Order]")
Delay in Filing IT Returns cannot be a Ground for Denying Tax Benefits to Assessee: Mumbai ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai, in Amina Ismil Rangari v. ITO, held that tax reliefs under the Income Tax Act, 1961 cannot be denied to the assessee on ground of delay in filing...
![Delay in Filing IT Returns cannot be a Ground for Denying Tax Benefits to Assessee: Mumbai ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Income-Tax-Return-Taxscan.jpg "Delay in Filing IT Returns cannot be a Ground for Denying Tax Benefits to Assessee: Mumbai ITAT [Read Order]")
Sec 2(15) of the Income Tax Act cannot be invoked to Deny Exemption Benefits to a Trust: ITAT Delhi [Read Order]
In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) observed that the AO cannot invoke section 2(15) of the Income Tax Act to deny the exemption benefits to a Trust...
![Sec 2(15) of the Income Tax Act cannot be invoked to Deny Exemption Benefits to a Trust: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Tax-Exemptions-Tax-Scan.jpg "Sec 2(15) of the Income Tax Act cannot be invoked to Deny Exemption Benefits to a Trust: ITAT Delhi [Read Order]")
