FMV on Liquidation Date constitutes Cost of Acquisition if the gain is offered for tax in the same year
The case involves appeals relating to the computation of capital gains tax for the Assessment Year
Supreme Court provide judgement in relation to validity of a document with respect to will vs gift vs settlement deed
The Hon’ble Supreme Court in the case of N.P. Saseendran vs N.P. Ponnamma[1] decided on the
Whether capital reduction can be construed to be ‘transfer’ ?
Supreme Court (‘SC’) in the case of Jupiter Capital Pvt Ltd[1] (‘Assessee’) has held that the
Whether section 56(2)(x) of the IT Act apply on ‘Interest in partnership firm’ ?
Recently Bengaluru bench of Income Tax Appellate Tribunal (‘the ITAT’) in case of Buckeye Trust (‘Taxpayer’)
Transfer pricing adjustment on genuine business expenditure ?
Recently, the Income Tax Appellate Tribunal (ITAT) Mumbai has ruled in favor of Otis Elevator Company
Exemption u/s 54F for only a residential property
Assessee[1] is an individual and has inherited a property after the demise of her husband in
TDS u/s 195 on warehouse space charges ?
Income Tax Appellate Tribunal (‘the ITAT’), Delhi Bench, held that warehousing space charges paid by resident
Interest on perpetual debenture, an allowable expenditure?
Mumbai ITAT in case of TMF Holdings Ltd (‘Assessee’)[1], has held that the interest paid on
SC denied deduction claimed in revised return filed beyond due date
In the recent Supreme Court judgement, in the case of Shriram Investments1 (‘the Assessee’) it was
Can a tax officer exercise its power beyond statutory limitations?
Recently, the Income Tax Appellate Tribunal, Bangalore bench (‘ITAT’) passed on order dated October 8, 2024