A Mumbai bench of the Income Tax Appellate Tribunal (ITAT), has recently held that property illegally encroached by an assessee, cannot be considered as a ‘capital asset‘ under section 2 ...
The AO, after considering other transactions, found ₹24 crore of the receipts unexplained, which led to an income assessment ...
The Income Tax Appellate Tribunal had dismissed the company’s plea to stay a ₹1,213 crore tax demand for the assessment year ...
While entertaining an Income Tax Appeal, the Allahabad High Court has held that an appeal under Section 260A of the Income ...
The high court has directed the Income Tax Appellate Tribunal to evaluate Samsung's stay application against the tax demand ...
Cuttack addressed the issue of delay in filing an appeal before the Commissioner of Income Tax (Appeals) [CIT(A)] under the COVID-19 limitation extension provided by the Supreme Court. The appeal, ...
The HC ruled that the tax demand was outstanding in case of Samsung and hence, the ITAT should have decided the stay petition ...
A Mumbai bench of the Income Tax Appellate Tribunal (ITAT), has recently held that property illegally encroached by an assessee, cannot be considered as a ‘capital asset‘ under section 2 ...
New Delhi, The Income Tax Department has decided to temporarily ... in preparing legal cases being contested before the Income Tax Appellate Tribunal (ITAT). The candidates, not exceeding 35 ...
In a recent order, the Income Tax Appellate Tribunal (ITAT) ruled that BCCI is entitled for tax exemption under Section 12AA of the Income Tax Act 1961, and upheld BCCI's contention that the ...