Day: June 23, 2026
Section 148 Notice Set Aside as AO Ignored Explanations & Supporting Materials
Ojaswini Retailers Private Limited & anr. Vs Union of India & Ors. (Calcutta High Court) https://taxguru.in/income-tax/section-148-notice-set-ao-explanations-supporting-materials.html?utm_source=follow.it Calcutta High Court quashes Section 148A(3) order and Section
Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him relief
Read more at:https://economictimes.indiatimes.com/wealth/tax/husband-trades-through-wifes-demat-account-incurs-rs-1-95-crore-loss-tax-dept-sends-notice-over-clubbing-of-income-itat-lucknow-grants-him-relief/articleshow/131901718.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When Mr. Yadav from Kanpur filed his income tax return (ITR) for FY 2018-19, he combined his wife’s stock market and F&O