Tag: ITAT
ITAT Allows Section 10(38) Exemption On Sale Of Share, Quashes Reassessment
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) while quashing the reassessment, allowed the exemption under Section 10(38) of the Income Tax Act...
Direct Tax Weekly Flashback: 12 To 18 January 2025
Direct Tax Weekly Flashback for the period 12 to 18 January 2025.Delhi High Court Collection Of Market Information Doesn’t Qualifying Benchmarks Of PE, Seconded Employees...
AO’s Order Can’t Be Treated As Prejudicial To Interest Of Revenue When Permissible In Law: ITAT
The Rajkot Bench of Income Tax Appellate Tribunal (ITAT) has held that the order passed by the Assessing Officer (AO) cannot be treated as...
Enhanced Tax Rate Of 60% U/S 115BBE Not Applicable To Cash Deposits During Demonetisation: ITAT
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the enhanced tax rate of 60% under section 115BBE of the Income...
MCX Investment Protection Fund Eligible For Income Tax Exemption : ITAT
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that Multi Commodity Exchange (MCX) Investment Protection Fund is eligible for income tax...
Popular
Bombay High Court Orders RBI to Accept Old Demonetised Notes Seized in Income Tax Raid [READ JUDGEMENT]
The Bombay High Court has directed the Reserve Bank...
CESTAT Quashes Rs. 125 Crore Service Tax Demand Against Bharti Airtel, Call Free Allowance Waiver For Employees Not Taxable
The Chandigarh Bench of Customs Excise and Service Tax...
GST Dept. Sent Summons Of Wrong Email Address: Delhi High Court Quashes Order
The Delhi High Court has quashed the order on...
US Border Agents Seize More Illegal Eggs Than Fentanyl Amid Rising Poultry Smuggling
The United States is experiencing a surge in egg...