Employee lost job over pending criminal case; SC awards Rs 5 lakh compensation for wrongful termination
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/employee-lost-job-over-pending-criminal-case-sc-awards-rs-5-lakh-compensation-for-wrongful-termination/articleshow/133227388.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Justice Dipankar Datta and Justice Sheel Nagu of the Supreme Court of India recently ruled that there is no law allowing an employer to
*******NRI used NRE account to buy Rs 79 lakh property, got ‘unexplained cash’ tax notice; ITAT Ahmedabad grants full relief
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/nri-used-nre-account-to-buy-rs-79-lakh-property-got-unexplained-cash-tax-notice-itat-ahmedabad-grants-full-relief/articleshow/133228993.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst In a recent judgement, the Income Tax Appellate Tribunal (ITAT) Ahmedabad gave relief to a non-resident man from an income tax notice for unexplained
Property dealer deposits Rs 54 lakh cash in bank, files no ITR, gets tax notice, does not respond, wins case in ITAT Delhi; Know why
Read more at:https://economictimes.indiatimes.com/wealth/tax/property-dealer-deposits-rs-54-lakh-cash-in-bank-files-no-itr-gets-tax-notice-does-not-respond-wins-case-in-itat-delhi-know-why/articleshow/133198532.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mr Rathee, a property dealer from Rohtak, Haryana, found himself in hot water with the income tax department after he deposited Rs
ITAT Allows Section 54 Deduction Despite Residential Flat Completion Beyond Three Years
Read more at: https://taxguru.in/income-tax/itat-section-54-deduction-residential-flat-completion-years.html Copyright © Taxguru.in The Tribunal examined Section 54 and observed that the provision requires the assessee to purchase or construct a residential
Reassessment on Same Material Is Change of Opinion
Read more at: https://taxguru.in/income-tax/hyderabad-itat-reassessment-material-change-opinion.html Copyright © Taxguru.in Shikha Kedia Vs ITO (ITAT Hyderabad) Hyderabad ITAT Quashes Reassessment as Mere “Change of Opinion”: AO Cannot Reopen Scrutiny