Day: September 15, 2025
ITAT Delhi Quashes Assessments Due to Invalid Section 153D Approval
Clipped from: https://taxguru.in/income-tax/itat-delhi-quashes-assessments-due-invalid-section-153d-approval.html Dheeraj Chaudhary Vs ACIT (ITAT Delhi) Split Bench, But Majority Wins: ITAT Delhi Quashes 153A Assessments– Omnibus 153D Approval Found Mechanical- Safeguard, Not
Madras HC Nixes Reassessment: Change of Opinion Cannot Justify Reopening
Clipped from: https://taxguru.in/income-tax/madras-hc-nixes-reassessment-change-opinion-justify-reopening.html PCIT Vs Ramanathan Adaikalavan (Madras High Court) The Madras High Court dismissed the appeal of the Revenue & upheld the ITAT’s order quashing
House property received by an individual as a gift is taxable in these situations – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/house-property-received-by-an-individual-as-a-gift-is-taxable-in-these-situations/articleshow/123893168.cms ET OnlineHouse property received by an individual as a gift is taxable in these conditions (representative image) When a parent gifts their property