Income Tax Section 153C Notices Time-Barred When Computed From Satisfaction Note Date: Delhi HC Quashes Reassessment [Read Order]

Clipped from: https://www.taxscan.in/top-stories/income-tax-section-153c-notices-time-barred-when-computed-from-satisfaction-note-date-delhi-hc-quashes-reassessment-1443149?TRN300=svBwJnCucaunBEfYYuaMckWwASJdwUMbvFIIuAlhwjWMvUfSIMCkzyDnkMsAchMbvFIyuAMScYEzMb&LKD333=3432933 The court quashed Income Tax Section 153C notices as time-barred after holding that limitation must be computed from the satisfaction note date. The

ITAT Grants Deduction under Section 54F to NRI: Residential Houses Outside and Inside India Considered [Read Order]

Clipped from: https://www.taxscan.in/top-stories/itat-grants-deduction-under-section-54f-to-nri-residential-houses-outside-and-inside-india-considered-1443147?from-login=449965&token=RDWEB3CKNC41QUFKHYCNWTIHOJSA1LBG2KKOA AO had conducted an incomplete inquiry with regards to the deduction claimed under Section 54F. Principal CIT to reassess the claim considering the