Mumbai ITAT rules on ITO vs. Nikhil Vinod Aggarwal, invalidating assessment reopening without proper sanction and deleting "on-money" addition due to lack of ...

The Madras High Court upheld that software expenses, including license fees, for Danfoss Industries Pvt. Ltd. are revenue expenditures, not capital, citing no enduring ...

Karnataka High Court allows CGI Information Systems to claim Section 10A deduction, deduct software fees, and claim foreign ...

Gujarat High Court sets aside Section 148 notice against AIM Fincon Pvt. Ltd., ruling it a mere change of opinion on already disclosed ...

The Madras High Court has invalidated reassessment proceedings against Changepond Technologies, ruling they stemmed from a mere change of opinion, not new ...

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax ...

Learn to effectively handle faceless income tax scrutiny assessments. This guide covers notice receipt, timely response ...

Understand Indian income tax implications for non-resident shareholders on foreign company share buybacks. Learn about ...

Understand the importance of correct formats for Section 143(2) scrutiny notices. Learn how non-compliance impacts tax ...

SC rules that nominees under Section 109A of the Companies Act do not gain absolute ownership of shares, preserving legal ...

ITAT Ahmedabad deletes arbitrary disallowances under Section 40A(2)(b), emphasizing AO's burden to prove excessiveness in related party ...

ITAT Mumbai quashes reassessment notices for Rising Star Investment for AY 2017-18, citing jurisdictional defects and lack of proper sanction. Also deletes Section 56(2)(viia) addition based on DVO ...