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Covid-19: Poland announces VAT Relief for School Equipments

The Education Ministry of Poland announces tax relief for school equipment and the provision of learning platforms. The tax relief propounds 0% VAT...

Japan’s Ruling Bloc Releases 2020 Tax Reform Proposals Outline

ITAT asks to reconsider Claim for Tax Relief since Assessee produced Tax Residency Certificate...

No Tax Relief for Sale of Old House If New One purchased in Wife & Daughters’ Name: ITAT [Read...

Trust providing IT Diploma Courses for Fee eligible for Income Tax Relief: ITAT [Read Order]

Tax Relief cannot be denied to Society for having Objects other than Education: ITAT [Read Order]

The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has said that the tax relief cannot be denied to a society for the reason that there are other objects other than education. A division...

No Tax Relief to Trust for Gift made to an Unregistered Trust: ITAT [Read Order]

The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that a Trust cannot enjoy the benefit of Section 11 of the Income Tax Act in case of the gift made to another Unregistered...

Samsung gets Tax Relief from ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT), recently granted tax relief to Samsung Electronics Company Limited. The assessee in the instant case Samsung Electronics Company Ltd...

Kolkata Metro Rail Corpn. Ltd gets Tax Relief from ITAT [Read Order]

Kolkata bench of Income Tax Appellate Tribunal (ITAT) granted relief to Kolkata Metro Rail Corporation and proclaimed in its recent order. Assessee in the instant case was engaged in the construction...

Himachal Pradesh Computerization of Police Society Gets Tax relief from Govt [Read Notification]

The Central Board of Direct Taxes (CBDT) notified income tax relief to ‘The Himachal Pradesh Computerization of Police Society’ (HIMCOPS) under Section 10(46) of the Income Tax Act, 1961. The...

No Need to Amend Sec 64(1A) of Income Tax Act to grant Tax Relief to Single Parents: Law Commission to Govt. [Read Report]

The Law Commission of India has submitted it’s 265th report against recommending income tax exemption on the money deposited in a single parent’s account as maintenance for a minor child in a divorce...