Synopsis
The US Federal Reserve increased interest rates, signaling a global effort to control rising inflation. Other central banks will likely follow the Fed’s lead in
MEA amends Passports Rules; child passports issued under 15 years to be valid for five years or till they turn 18
Read more at:https://economictimes.indiatimes.com/nri/latest-updates/mea-amends-passports-rules-child-passports-issued-under-15-years-to-be-valid-for-five-years-or-till-they-turn-18/articleshow/134315151.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/nri/latest-updates/mea-amends-passports-rules-child-passports-issued-under-15-years-to-be-valid-for-five-years-or-till-they-turn-18/articleshow/134315151.cms Synopsis New regulations allow children under the age of fifteen to obtain passports that will be valid for a period of
ITAT Delhi deletes Section 50C addition after accepting registered valuer’s valuation
Read more at: https://taxguru.in/income-tax/itat-delhi-deletes-section-50c-addition-accepting-registered-valuers-valuation.html?utm_source=follow.it Copyright © Taxguru.in https://taxguru.in/income-tax/itat-delhi-deletes-section-50c-addition-accepting-registered-valuers-valuation.html?utm_source=follow.it Preet Networks Private Limited Vs DCIT (ITAT Delhi) AO Cannot Reject Registered Valuer’s Report in Silence: Accept It
*******Rajasthan HC Upholds Section 147 Explanation for Subsequent Escaped Income
Read more at: https://taxguru.in/income-tax/rajasthan-high-court-upholds-section-147-explanation-subsequent-escaped-income.html?utm_source=follow.it Copyright © Taxguru.in https://taxguru.in/income-tax/rajasthan-high-court-upholds-section-147-explanation-subsequent-escaped-income.html?utm_source=follow.it Papu Ram Vs ACIT (Rajasthan High Court) Once the Reassessment Door Is Validly Opened, AO Can Walk into
ITAT Nagpur Quashes Reassessment for Less Than 7 Days Notice u/s 148A(b)
Read more at: https://taxguru.in/income-tax/days-cannot-stretched-short-notice-148a-reassessment-void-ab-initio.html?utm_source=follow.it Copyright © Taxguru.in https://taxguru.in/income-tax/days-cannot-stretched-short-notice-148a-reassessment-void-ab-initio.html?utm_source=follow.it Shaikh Saidque Haji Shaikh Taher Vs ITO (ITAT Nagpur) The Nagpur Bench of the ITAT has held that
One Residential House May Comprise Multiple Units; ITAT Bangalore Allows Section 54 Exemption
Read more at: https://taxguru.in/income-tax/residential-house-comprise-multiple-units-itat-bangalore-section-54-exemption.html?utm_source=follow.it Copyright © Taxguru.in One Residential House Can Comprise Several Independent Units: ITAT Bangalore Allows Full Section 54 Exemption Summary: The Bangalore Bench
Dissenting housing society members challenge redevelopment plan citing 10% less area, but lose the case in Maharashtra co-operate appellate court for this reason
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/dissenting-housing-society-members-challenge-redevelopment-plan-citing-10-less-area-but-lose-the-case-in-maharashtra-co-operate-appellate-court-for-this-reason/articleshow/134309960.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mrs Viswanath and Mr Kalpathi, both residents of a housing society in Chembur, Mumbai, had raised concerns about their society’s redevelopment plan,
Elder sister revoked first Will favouring younger sister after property dispute; HC upheld the second Will giving the house to adopted daughter
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/elder-sister-revoked-first-will-favouring-younger-sister-after-property-dispute-hc-upheld-the-second-will-giving-the-house-to-adopted-daughter/articleshow/134282894.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst A recent case before the Punjab and Haryana High Court showed how bitter a family property dispute can become. A younger sister and her
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