ITAT held that Section 68 cannot be invoked where donors are identified with names, PAN, ITRs, and...
Income Tax
Section 194T introduces a flat 10% TDS on partner remuneration and interest, sharply reducing monthly liquidity for...
The Tribunal ruled that additions based only on presumptions and low income of subscribers are invalid. Proper...
The Tribunal ruled that payments made directly to truck drivers, and not transporters, fall outside Section 40A(3)...
The Tribunal held that a Section 54 exemption can be claimed in a reassessment return if it...
The case examined additions made in Section 153C assessments based on third-party search material. The Tribunal ruled...
The issue was whether reassessment is valid when reasons for reopening are not placed on record. The...
This explains how different securities are taxed under Indian income-tax law. The key takeaway is that asset...
The Tribunal condoned a 506-day delay after accepting that the appeal was filed only when heavy penalty...
The issue was whether third-party diaries and loose papers could establish receipt of unaccounted income. The Tribunal...