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Mistake in Demanding Tax without giving Credit to TDS on Compensation from NHAI: Delhi HC directs Re-Adjudication [Read Order]
In a significant case, the Delhi High Court directed re-adjudication since the department mistakenly demanded tax without giving credit to Tax...
PwC Australia Chief Executive steps down amidst alleged Australian Tax-Plan Misuse for Tech Clients goes Wrong
After allegedly using confidential government tax plans to advise tech clients, PricewaterhouseCoopers (PwC) is scrambling to contain the global adverse results of the Australian leak scandal on its...
Sale Proceeds of Land introduced as Share Capital in AOP taxable u/s 45(3): ITAT upholds Addition of Suo Motu Offering for Tax [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has recently, in an appeal filed before it, while upholding the addition of suo motu offering for tax, held that sale proceeds of land introduced...
![Sale Proceeds of Land introduced as Share Capital in AOP taxable u/s 45(3): ITAT upholds Addition of Suo Motu Offering for Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Sale-Proceeds-of-Land-Land-Share-Capital-AOP-taxable-ITAT-Suo-Motu-Offering-for-Tax-Suo-Motu-Tax-taxscan-.jpg "Sale Proceeds of Land introduced as Share Capital in AOP taxable u/s 45(3): ITAT upholds Addition of Suo Motu Offering for Tax [Read Order]")