Category: Income Tax

Income Tax

No Presumption of International Transactions without Fulfilling Section 92F ITA,1961 Conditions- Delhi HC

Transfer Pricing-ITA, 1961

Income Tax, Law, Tax

CBDT’S APPROVAL MUST BE EXPLICITLY MADE BY THE BOARD OR ITS AUTHORIZED MEMBERS- Bombay HC

SECTION 119(2)(B) OF ITA,1961

Income Tax, Taxation

SECTION 80G(5B) PERMITS A MIXED-PURPOSE TRUST TO CONDUCT SOME RELIGIOUS ACTIVITIES WHILE RETAINING ITS CHARITABLE STATUS- Bombay HC

Trust-charitable and religious

Income Tax

BUILT UP AREA’ INTRODUCED WITH EFFECT FROM 1 APRIL, 2005 COULD NOT BE APPLIED RETROSPECTIVELY- Bombay HC

Section 80 1B of Income Tax Act

Income Tax, Taxation

Deduction not allowed for expenses incurred overseeing holding company’s project- Telangana HC

Section 37 ITA,1961

Income Tax, Legal Update, Taxation

DEDUCTION U/S SECTION 80P(2)(D) FOR COOPERATIVE SOCIETY- Delhi High Court

Income Tax Act, 1961

Income Tax, Legal Update, Limitation

Sufficient cause for condoning delay- Hon’ble Kerala HC

Condonation of delay

Income Tax, Legal Update, Tax

INVALIDATES REASSESSMENT NOTICE ON THE GROUND OF LIMITATION- Delhi HC

INCOME TAX ACT 28.06.2024

Income Tax, Legal Update, Taxation

Clarity to levy penalty under section 270A- Delhi HC

Section 270 A of Income Tax Act, 1961

Income Tax, Judgement, Legal Update, Taxation

Deduction under section 37 of Income Tax Act is permissible: Delhi HC

DEDUCTIONS UNDER SECTION 37 OF INCOME TAX ACT IS PERMISSIBLE