Rs 34.8 lakh difference in price and stamp duty added to husband’s income for taxation despite jointly owned property – ITAT Mumbai calls it ‘not justified’

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/rs-34-8-lakh-difference-in-price-and-stamp-duty-added-to-husbands-income-for-taxation-despite-a-jointly-owned-property-itat-mumbai-calls-it-not-justified/articleshow/133729279.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Can one co-owner alone be made liable to pay tax on the difference between the property’s purchase price and stamp-duty value? ITAT Mumbai has

Rs 15 lakh fraud money credited to senior citizen’s account, police wanted to question him; HC grants anticipatory bail on this ground

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/rs-15-lakh-fraud-money-credited-to-senior-citizens-account-police-wanted-to-question-him-hc-grants-anticipatory-bail-on-this-ground/articleshow/133752992.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst In a recent case in the Madhya Pradesh High Court, the police unearthed a massive pan-India cheating and forgery crime involving a

Rs 25 lakh cash deposited in bank, income tax officer sends notice for unexplained cash u/s 69; Taxpayer wins case in ITAT Bangalore, here’s why

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/rs-25-lakh-cash-deposited-in-bank-income-tax-officer-sends-notice-for-unexplained-cash-u/s-69-taxpayer-wins-case-in-itat-bangalore-heres-why/articleshow/133753257.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst ITAT Bangalore, recently ruled that if the source of a cash deposit can be traced back to identifiable withdrawals from disclosed bank