Month: March 2026

Read more at:https://economictimes.indiatimes.com/wealth/tax/banks-to-seek-more-details-from-account-holders-under-amended-income-tax-rules-1962-check-what-new-information-you-may-have-to-share/articleshow/129499779.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Banks to seek more details from account holders under amended Income Tax Rules, 1962; check what new information you may have to

Income Tax Addition Based Solely on Third Party Digital Evidence without any Corroborating Evidence Unsustainable: ITAT Income Tax Addition Based Solely on Third Party Digital

Read more at: https://taxguru.in/income-tax/reopening-notice-invalid-proper-section-u-s-151-itat-quashes-reassessment.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/ltcg-taxed-wifes-hands-property-settled-husband-itat-deletes-rs-19-86-cr-addition.html The assessee challenged the validity of reopening notice u/s 148 for AY 2018-19 on the ground that the

Read more at: https://taxguru.in/income-tax/ltcg-taxed-wifes-hands-property-settled-husband-itat-deletes-rs-19-86-cr-addition.htmlCopyright © Taxguru.in https://aniltikotekar4smedotcom.wordpress.com/wp-admin/admin.php?page=stats#!/stats/day/99727355?page=stats The assessee sold an immovable property for ₹20 crore, out of which ₹19.40 crore was directly paid by the

Assessment in the Name of Deceased Person – Absence of Notice to Legal Heir – Entire Assessment Held Void: ITAT Bangalore Read more at: https://taxguru.in/income-tax/assessment-deceased-person-absence-notice-legal-heir-entire-assessment-held-void-itat-bangalore.htmlCopyright ©

Read more at: https://taxguru.in/income-tax/itat-chennai-deletes-6-5-cr-addition-u-s-68-assessee-required-explain-source-source-source.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/itat-chennai-deletes-6-5-cr-addition-u-s-68-assessee-required-explain-source-source-source.html Before the ITAT, the assessee submitted documentary evidence including PAN, ITR, bank statements, confirmations and financial statements of entities