This ruling clarifies that an assessee can be treated as an agent of a non-resident only if...
Income Tax
The Tribunal examined whether prior approval under Section 153D was granted after due application of mind. It...
It was ruled that deciding appeals based on facts of another year is a serious legal error....
The tax department has begun emailing taxpayers about pending demands shown on the portal. This explains why...
Income Tax Department was directed to encash the Demand Draft, confirm the sale, and issue the Sale...
The issue was whether a trader declaring income under Section 44AD could face additions for unexplained cash...
The Tribunal held that NFAC had no authority to pass reassessment orders before the faceless reassessment notification...
It was ruled that interest for late filing of the original return can be computed based on...
The Tribunal ruled that exemption for charitable trusts cannot be denied merely due to belated filing of...
This ruling clarifies that repayment of loan with interest, coupled with documentary proof, negates allegations of unexplained...