Clipped from: https://taxguru.in/income-tax/reassessment-proceedings-quashed-order-passed-u-s-148a-d-non-speaking-itat-delhi.html Reshma Kamal Abichandani Vs ACIT (ITAT Delhi) ITAT Delhi held that order passed u/s. 148A(d) is non-speaking since AO failed to provide adequate
Category: ART
👍👍👍👍👍👍👍Madras HC Issues Orders on Section 148 Notices and Faceless Assessment
Clipped from: https://taxguru.in/corporate-law/madras-hc-issues-orders-section-148-notices-faceless-assessment.html Mark Studio India Private Limited Vs ITO (Madras High Court) In a significant ruling, the Madras High Court addressed several procedural aspects of
👍👍👍👍👍LTCG Exemptions Under New Tax Regime – The Hindu BusinessLine
taxtalk@thehindu.co.in Tax Query: LTCG Exemptions Under New Tax Regime – The Hindu BusinessLine Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-ltcg-exemptions-under-new-tax-regime/article69018977.ece Under both tax regimes, Section 112A exempts LTCG up to
👍👍👍👍👍👍👍Notices Only Uploaded on E-Filing Portal: ITAT Grants Assessee Another Opportunity to Represent Case
Clipped from: https://taxguru.in/income-tax/notices-uploaded-e-filing-portal-itat-grants-assessee-opportunity-represent-case.html Alampalli Seetharam Udaya Shankar Vs ITO (ITAT Bangalore) Assessee was not aware of the notices issued since the same were uploaded only on
👍👍👍👍👍👍👍Non-Compliance with Section 144B Faceless Assessment: Notices & Proceedings invalid
Clipped from: https://taxguru.in/income-tax/non-compliance-section-144b-faceless-assessment-notices-proceedings-invalid.html Mohan Jit Singh Vs Union of India And Others (Punjab and Haryana High Court) In the case of Mohan Jit Singh Vs. Union of India
👍👍👍👍👍👍👍HC invalidates Section 148 notice due to non-compliance with faceless assessment provisions
Clipped from: https://taxguru.in/income-tax/hc-invalidates-section-148-notice-due-non-compliance-faceless-assessment-provisions.html Shikhar Gadh Vs ITO (Punjab and Haryana High Court) In the case of Shikhar Gadh vs Income Tax Officer (Punjab and Haryana High Court), the
👍👍👍👍👍👍👍Cost Inflation Index for FY 2024-25: Index Table, Meaning, Calculation
Clipped from: https://cleartax.in/s/cost-inflation-index#what Prices of goods increase over time, resulting in a fall in the purchasing power (quantity of goods that one unit of money can
👍👍👍👍👍👍👍Shifting of Base Year from 1981 to 2001 for Capital Gains Tax Computation
lipped from: https://cleartax.in/s/capital-gains-calculation-base-year-shift Any person who is selling real estate, shares, or jewellery that is owned by him/her, needs to pay income tax on gains. Such
1-👍👍👍👍👍👍👍Kerala HC Sets Aside Section 148 Order & Notice, Directs Fresh Order After Considering Petitioner’s Reply & Hearing
Clipped from: https://taxguru.in/income-tax/kerala-hc-sets-section-148-order-notice-directs-fresh-order-petitioners-reply-hearing.html Fathima Abu Vs PCIT (Kerala High Court) In the case of Fathima Abu Vs PCIT, the Kerala High Court set aside the order passed
1-👍👍👍👍👍👍👍Assessee missed notices due to litigation at DRT: ITAT Remands case to CIT(A)
Clipped from: https://taxguru.in/income-tax/assessee-missed-notices-due-litigation-drt-itat-remands-case-cita.html Saiganapath Hotel Pvt. Ltd. Vs ITO (ITAT Bangalore) The Income Tax Appellate Tribunal (ITAT) Bangalore has remitted the appeal filed by Saiganapath Hotel
1-👍👍👍👍👍👍👍ITAT Grants Assessee One More Opportunity Despite Negligence in Responding
Clipped from: https://taxguru.in/income-tax/itat-grants-assessee-opportunity-negligence-responding.html Namtech Electronic Devices Ltd Vs ITO (ITAT Bangalore) In Namtech Electronic Devices Ltd Vs ITO (ITAT Bangalore), the Income Tax Appellate Tribunal (ITAT) addressed
👍👍👍👍👍👍👍Kerala HC Directs Reinstatement of Appeal, Grants Assessee One Week to Cure Defects
Clipped from: https://taxguru.in/income-tax/kerala-hc-directs-reinstatement-appeal-grants-assessee-week-cure-defects.html Arun Vijayan Pillai Vijai Vs Income Tax Officer Income Tax Department (Kerala High Court) In the case of Arun Vijayan Pillai Vijai Vs Income
Trump sides with Musk in debate over foreign workers roiling supporters | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/trump-sides-with-musk-in-debate-over-foreign-workers-roiling-supporters-124122900023_1.html Trump, in an interview with the New York Post on Saturday, praised the use of visas to bring skilled foreign workers to the
👍👍👍👍👍👍👍Delhi HC: Income Tax Reassessment Must be on Concrete Evidence and No Speculation
Clipped from: https://www.taxscan.in/reassessment-under-income-tax-must-be-on-concrete-evidence-and-not-speculation-delhi-hc/471734/ In a recent judgment, the Delhi High Court struck down reassessment proceedings under Section 148 of the Income Tax Act, 1961 stating that
👍👍👍👍👍अग्रलेख: मार्दवी मार्तंड!
Clipped from: https://www.loksatta.com/sampadkiya/editorial/loksatta-editorial-pay-tribute-to-former-prime-minister-manmohan-singh-zws-70-4793719/ अग्रलेख: मार्दवी मार्तंड! India Former PM Dr. Manmohan Singh Passes Away : आज काँग्रेस राजकीय पक्ष म्हणून जी तळमळ दाखवतो त्याच्या निम्मे जरी
👍👍👍Manmohan Singh: A personal memoir | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/manmohan-singh-a-personal-memoir-124122701042_1.html He had a humble manner that came naturally, but I have long suspected that in his own estimation, he stood taller than those
👍US issues more than one million non-immigrant visas to India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/us-issues-more-than-one-million-non-immigrant-visas-to-india/article69033524.ece In the past four years, visitor numbers from India have increased by five times, says the US Mission to India The US has issued over
👍When Manmohan Singh wrote a cheque for gains accruing from rupee devaluation! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/when-manmohan-singh-wrote-a-cheque-for-gains-accruing-from-rupee-devaluation/article69033872.ece it was a significant amount, says Ramu Damodaran, Private Secretary to the then Prime Minister PV Narasimha Rao The then Prime Minister, P.
👍Maharashtra reports highest number of digital fraud attempts: IDfy report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/maharashtra-reports-highest-number-of-digital-fraud-attempts-idfy-report/article69033780.ece Nearly half of total fraud attempts were concentrated in Maharashtra, Uttar Pradesh, Telangana and Karnataka Maharashtra reported the highest number of fraud attempts
👍Bengaluru doctor performs life-saving CPR on passenger after cardiac arrest at airport – BusinessToday
Clipped from: https://www.businesstoday.in/latest/trends/story/bengaluru-doctor-performs-life-saving-cpr-on-passenger-after-cardiac-arrest-at-airport-458744-2024-12-27 Dr. Aggarwal, who was traveling to attend a family event, noticed a commotion near a neighboring boarding gate. What initially seemed like a