4. Having considered the facts and circumstances of the case and after taking into account the factors above, ROC, West ...
The article raises several questions about the fairness and efficiency of the Income-Tax Act, administration, and assessing officers, urging a review to ensure the system aligns with the intended ...
Another tax benefit you get after buying a term insurance plan is that the insured amount your family receives is tax-free ...
The Delhi High Court reviewed an appeal by the Revenue challenging an Income Tax Appellate Tribunal (ITAT) decision regarding the application of Section 153C of the Income Tax Act to searches ...
Delhi bench set aside an ex-parte assessment order after it was found that assessment notices were not served to the assessee. The assessee challenged an order by the Commissioner of Income Tax ...
This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi (hereinafter referred to as ‘the CIT (A)’) dated 26.12.2023, ...
Chennai ruled in favor of the assessee, Chola Business Services, regarding the concessional tax rate under Section 115BAA of the Income-tax Act, 1961, for the Assessment Year (AY) 2021-22. The company ...
Upon review, ITAT noted that the CIT (A)’s order lacked substantive findings, labeling it a “non-speaking order” that did not adequately address the appellant’s arguments or provide details on ...
In the case of ITO vs. Greta Energy Limited, the Income Tax Appellate Tribunal (ITAT) Chennai dealt with cross-appeals arising from an assessment order issued by the Assessing Officer (AO) under ...
In the case of ASAN Memorial Association Vs DCIT (ITAT Chennai), the Income Tax Appellate Tribunal (ITAT) granted relief to the assessee, a trust, for its claim under Section 11 of the Income Tax Act.
The Orissa High Court dismissed a writ petition filed by Sri Gopal Store challenging a manual assessment order dated July 31, 2024, for the 2021-22 assessment year under Section 143 (3) of the Income ...
Summary: The key issue at hand is the GST liability on charges collected by the owner of an oil tanker leased to petroleum ...