Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?
Read more at:https://economictimes.indiatimes.com/markets/stocks/news/rs-91000-crore-wipeout-what-spooked-hdfc-bank-axis-bank-and-kotak-investors-even-as-credit-growth-picked-up/articleshow/132506463.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit
*******Assessment Order Enhaning Addition Without Opportunity Quashed: Bombay HC
Read more at: https://taxguru.in/income-tax/assessment-order-enhaning-addition-opportunity-quashed-bombay-hc.html?utm_source=follow.itCopyright © Taxguru.in https://taxguru.in/income-tax/assessment-order-enhaning-addition-opportunity-quashed-bombay-hc.html?utm_source=follow.it Material Facts The petitioner challenged the final Assessment Order dated 28.09.2022 passed under Sections 144 and 144B of the
*******Section 54EC Deduction Enhanced to ₹1 Crore by Rectifying Tribunal Order: ITAT Pune
Read more at: https://taxguru.in/income-tax/section-54ec-deduction-enhanced-rs-1-crore-rectifying-tribunal-order-itat-pune.html?utm_source=follow.itCopyright © Taxguru.in Material Facts The assessee filed a Miscellaneous Application under Section 254(2) of the Income Tax Act, 1962 seeking rectification of
*******Capital Gains on JDA Taxable in Completion Certificate Year, Section 54/54F Relief Allowed: ITAT Bangalore
Read more at: https://taxguru.in/income-tax/capital-gains-jda-taxable-completion-certificate-year-section-54-54f-relief-allowed-itat-bangalore.html?utm_source=follow.itCopyright © Taxguru.in Material Facts The assessee filed four appeals for Assessment Years 2014-15, 2018-19, 2019-20 and 2020-21 concerning taxability of income arising
Section 147 Assessment Set Aside as ITO Lacked Pecuniary Jurisdiction: ITAT Delhi
Read more at: https://taxguru.in/income-tax/section-147-assessment-set-ito-lacked-pecuniary-jurisdiction-itat-delhi.html?utm_source=follow.itCopyright © Taxguru.in Material Facts The assessee appealed against the order of the National Faceless Appeal Centre dated 11.01.2024, arising from an assessment
*******Received an income tax reassessment notice? This ITAT ruling shows when you can challenge it
https://www.financialexpress.com/money/income-tax/received-an-income-tax-reassessment-notice-this-itat-ruling-shows-when-you-can-challenge-it/4294836 If you receive an income tax reassessment notice, your first instinct may be to focus on proving that the tax demand is incorrect. But what
*******Man sells house for Rs 1.10 crore; Income Tax calculates capital gains on Rs 1.96 crore – what ITAT says
https://www.financialexpress.com/money/man-sells-house-for-rs-1-10-crore-income-tax-calculates-capital-gains-on-rs-196-crore-what-itat-says-4294923 The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has clarified an important point for taxpayers selling property below the stamp duty value. The Tribunal
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