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Income Tax Act

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SCs Judgement In Abhisar Buildwell Case Doesnt Permit Reopening Of Assessments Beyond Limitation Period U/S 149(1) Of IT Act: Delhi HC

SC's Judgement In Abhisar Buildwell Case Doesn't Permit Reopening Of Assessments Beyond Limitation Period U/S 149(1) Of IT Act: Delhi HC

17 Dec 2024 10:48 AM IST

[Income Tax Act] Placing Funds In One Account Before Transferring It To Another Does Not Attract S. 69A: Allahabad High Court

[Income Tax Act] Placing Funds In One Account Before Transferring It To Another Does Not Attract S. 69A: Allahabad High Court

7 Dec 2024 11:36 AM IST

[Income Tax] No Substantial Question Of Law Arises If Perversity Cannot Be Shown In Order Passed By Tribunal: Allahabad High Court

[Income Tax] No Substantial Question Of Law Arises If Perversity Cannot Be Shown In Order Passed By Tribunal: Allahabad High Court

6 Dec 2024 5:15 PM IST

Loss In Derivatives Is Not A Speculative Transaction And Can Be Set Off Against Business Income Of Assessee: Kerala High Court

Loss In Derivatives Is Not A Speculative Transaction And Can Be Set Off Against Business Income Of Assessee: Kerala High Court

4 Dec 2024 5:05 PM IST

S.153C Of IT Act Restricts Assessment Beyond Documents Considered By AO To Derive Satisfaction Note For Initiating Proceedings On Other Person: Delhi HC

S.153C Of IT Act Restricts Assessment Beyond Documents Considered By AO To Derive Satisfaction Note For Initiating Proceedings On 'Other Person': Delhi HC

3 Dec 2024 5:00 PM IST

Loss Of FD Investments Doesnt Qualify As Trading Loss For Deduction From Income U/S 28 Of Income Tax Act: Telangana HC

Loss Of FD Investments Doesn't Qualify As 'Trading Loss' For Deduction From Income U/S 28 Of Income Tax Act: Telangana HC

3 Dec 2024 4:05 PM IST

Only Income From Investment Made By Charitable Institution In Violation Of S.13(1)(d) Income Tax Act Is Liable To Tax: Telangana HC

Only Income From Investment Made By Charitable Institution In Violation Of S.13(1)(d) Income Tax Act Is Liable To Tax: Telangana HC

3 Dec 2024 3:06 PM IST

AO Cannot Assess Other Incomes If No Addition Is Made On Account Of Reasons For Which Reassessment U/S 147 Of IT Act Was Initiated: Delhi HC

AO Cannot Assess 'Other Incomes' If No Addition Is Made On Account Of 'Reasons' For Which Reassessment U/S 147 Of IT Act Was Initiated: Delhi HC

2 Dec 2024 8:25 PM IST

Appeals U/S 260A Of Income Tax Act Not Sustainable In Absence Of Perversity In Tribunals Fact Finding: Allahabad High Court

Appeals U/S 260A Of Income Tax Act Not Sustainable In Absence Of Perversity In Tribunal's Fact Finding: Allahabad High Court

2 Dec 2024 2:05 PM IST

Concealment Of Income & Furnishing Inaccurate Income Particulars Distinct Grounds For Penalty U/S 271(1)(c) Of IT Act, Cant Be Clubbed: Delhi HC

'Concealment Of Income' & 'Furnishing Inaccurate Income Particulars' Distinct Grounds For Penalty U/S 271(1)(c) Of IT Act, Can't Be Clubbed: Delhi HC

25 Nov 2024 12:15 PM IST

[Deemed Dividend] Accumulated Profits Of Company U/S 2(22)(e) Of Income Tax Act Are Computed After Adjusting Depreciation: Telangana HC

[Deemed Dividend] Accumulated Profits Of Company U/S 2(22)(e) Of Income Tax Act Are Computed After Adjusting Depreciation: Telangana HC

20 Nov 2024 2:20 PM IST

Scrutiny Notice Was Issued In Amalgamating Companys Name Despite Dept Knowing Of Amalgamation: Calcutta HC Declines To Apply S.292B Of Income Tax Act

Scrutiny Notice Was Issued In Amalgamating Company's Name Despite Dept Knowing Of Amalgamation: Calcutta HC Declines To Apply S.292B Of Income Tax Act

16 Nov 2024 11:03 AM IST