Subscribe Premium

Income Tax Act 1961

Get Latest News, Breaking News about Income Tax Act 1961 - Page 11. Stay connected to all updated on Income Tax Act 1961

Mumbai ITAT Allows Depreciation On Right To Collect Toll Tax On Infrastructure Facilities

Mumbai ITAT Allows Depreciation On 'Right To Collect Toll Tax' On Infrastructure Facilities

14 March 2024 5:00 PM IST

Income From Sale & Subscription Of Journals Is No Basis To Deny Exemption U/s 11 If Such Activities Are Not Main Objects Of Trust: Mumbai ITAT

Income From Sale & Subscription Of Journals Is No Basis To Deny Exemption U/s 11 If Such Activities Are Not Main Objects Of Trust: Mumbai ITAT

14 March 2024 4:00 PM IST

Once Reassessment Framed By AO Is Not Sustainable,Order U/s 263 Seeking To Revise Reassessment Is Not Acceptable: Delhi ITAT

Once Reassessment Framed By AO Is Not Sustainable,Order U/s 263 Seeking To Revise Reassessment Is Not Acceptable: Delhi ITAT

14 March 2024 3:00 PM IST

Once Safe Harbour Rule Of 5% Is Held As Applicable, No Addition Can Be Made By Invoking Sec 50C, Reiterates Kolkata ITAT

Once Safe Harbour Rule Of 5% Is Held As Applicable, No Addition Can Be Made By Invoking Sec 50C, Reiterates Kolkata ITAT

14 March 2024 2:00 PM IST

Retracted Statement Of Person Without Any Nexus With Taxpayer Cant Form Basis For Addition U/s 69A: Mumbai ITAT

Retracted Statement Of Person Without Any Nexus With Taxpayer Can't Form Basis For Addition U/s 69A: Mumbai ITAT

14 March 2024 1:00 PM IST

AO Is Required To Apply His Mind To Facts Of Case And Then Pass Reasoned Assessment: Ahmedabad ITAT Calls For Adjudication Afresh

AO Is Required To Apply His Mind To Facts Of Case And Then Pass Reasoned Assessment: Ahmedabad ITAT Calls For Adjudication Afresh

14 March 2024 12:30 PM IST

Compensation Received Under Mutual Agreement For Non-Renewal Of Contract Cant Form Basis Of Addition U/s 28(Ii)(E): Delhi ITAT

Compensation Received Under Mutual Agreement For Non-Renewal Of Contract Can't Form Basis Of Addition U/s 28(Ii)(E): Delhi ITAT

14 March 2024 12:00 PM IST

Interest Paid On Borrowed Funds For Investment In Shares Is Hit By Sec 14A If Dividend Received On Shares Was Not Part Of Total Income: Bombay HC

Interest Paid On Borrowed Funds For Investment In Shares Is Hit By Sec 14A If Dividend Received On Shares Was Not Part Of Total Income: Bombay HC

13 March 2024 10:30 PM IST

No Addition Can Be Made U/s 69 If Difference In Stock Found During Survey And As Recorded In Books Stands Reconciled: New Delhi ITAT

No Addition Can Be Made U/s 69 If Difference In Stock Found During Survey And As Recorded In Books Stands Reconciled: New Delhi ITAT

13 March 2024 5:15 PM IST

Once Unsecured Loan Stands Repaid Along With Interest, Then Such Loan Transaction Cant Be Treated As Non-Genuine: Mumbai ITAT

Once Unsecured Loan Stands Repaid Along With Interest, Then Such Loan Transaction Can't Be Treated As Non-Genuine: Mumbai ITAT

13 March 2024 4:15 PM IST

Genuineness & Veracity Of Party Cant Be Doubted To Make Addition U/s 69 Merely Because Rent Was Received In Cash: Delhi ITAT

Genuineness & Veracity Of Party Can't Be Doubted To Make Addition U/s 69 Merely Because Rent Was Received In Cash: Delhi ITAT

13 March 2024 3:45 PM IST

Cash Deposits By Members Of Society During Demonetization Not Verified In Absence Of PAN & KYC: Bangalore ITAT Asks To Reconsider Relief U/s 80P(2)(A)

Cash Deposits By Members Of Society During Demonetization Not Verified In Absence Of PAN & KYC: Bangalore ITAT Asks To Reconsider Relief U/s 80P(2)(A)

13 March 2024 1:45 PM IST