France Govt. under Threat of No Confidence Over Proposed Wealth Tax: LVMH Owner Bernard Arnault Warns of Economic Ruin
France’s Prime Minister Sébastien Lecornu is battling to save his government after the opposition Socialist Party threatened to bring a...
![ITAT Rules Delhi Benches Lack Jurisdiction Over Sahara India Appeals and COs Due to AO’s Location [Read Order]](https://images.taxscan.in/h-upload/2025/06/05/250x150_2041325-sahara.webp "ITAT Rules Delhi Benches Lack Jurisdiction Over Sahara India Appeals and COs Due to AO’s Location [Read Order]")
![Share Valuation for Gift Tax Purposes shall be in accordance with Restrictions on Transfer: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/10/Share-Valuation-Gift-Tax-Restrictions-Transfer-Supreme-Court-taxscan.jpg "Share Valuation for Gift Tax Purposes shall be in accordance with Restrictions on Transfer: Supreme Court [Read Judgment]")
![Penalty under Wealth Tax Act can’t be levied without any specific findings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Penalty-Wealth-Tax-Act-ITAT-Taxscan.jpeg "Penalty under Wealth Tax Act can’t be levied without any specific findings: ITAT [Read Order]")
Amount of Loan taken for Acquiring Asset Deductible from Value of Assets under Wealth Tax Act: ITAT [Read Order]
The Visakhapatnam bench of Income Tax Appellate Tribunal (ITAT) recently pronounced that amount of Loan taken for acquiring the Asset should be deducted from the Value of Assets under Wealth Tax Act. ...
ITAT Quashes Re-Assessment under Wealth Tax Act since Reasons for Assessment was not intimated to Assessee [Read Order]
Quashing re-assessment proceedings under section 17 of the Wealth Tax Act, Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the same is not sustainable on the ground that the reasons...
Money belonging to assessee which was deposited in the P.D A/c of Dept on Valuation date is not subject to Wealth Tax: ITAT Hyderabad [Read Order]
In Shri B. Rajeswar Rao v. ACIT, a division bench of the Hyderabad ITAT held that the cash seized from the assessee during search cannot be made liable to Wealth Tax if the same was deposited with the...
