Madras High Court held that re-opening u/s. 148 read with section 147 of the Income Tax Act not sustained as there is no ...

ITAT Hyderabad held that re-assessment under section 148 merely based on borrowed satisfaction, without any independent ...

3. As only Non-IT ITeS units of SEZs are mandated to onboard on the ICEGATE as of now and Developers. Co-developers and IT ...

Bombay High Court has ruled in favor of the Principal Commissioner of Income Tax (PCIT) against Drisha Impex Pvt. Ltd., ...

Central Board of Direct Taxes (CBDT) has introduced Form ITR-B for filing returns related to block assessments under Section ...

ITAT Nagpur held that application of section 69A for addition towards unexplained money misconceived as assessee was not ...

While gear and equipment improve industrial productivity and efficiency, real estate is a reliable investment with the potential for both appreciation and rental income. Despite their high initial ...

One of the most discussed changes in the Income Tax Act has been around capital gains. Long-term and short-term capital gains ...

The landscape of Indian business is constantly evolving, with mergers and amalgamations (M&A) serving as pivotal strategies for companies seeking ...

Madras High Court held that the provisions of Section 40A (7) of the Income Tax Act would override Section 43B of the Income Tax Act provided conditions under clauses (a) and (b) of section 40A (7) ...

Are Cryptocurrencies “Securities”? – Analysis Post-GIFT City Regulations & SEBI’s Stance. ABSTRACT: The rapid emergen ...

Rajasthan High Court held that initiation of proceedings under section 153C of the Income Tax Act based on WhatsApp chats with specific inputs cannot be said to be vague or hit by the strict ...