Can the tax department deny TDS credit if your employer defaults? ITAT answers
For most salaried employees, the deduction of tax at source (TDS) from their monthly salary marks the end of their […]
ITAT – Income Tax News
Kanpur man wins tax battle after losing Rs 1.95 crore through wife’s trading account: ‘Income generated from…’
A Kanpur man is making headlines after he received relief from the Income Tax Appellate Tribunal (ITAT) in a case
Taxpayer gets second chance despite missed e-verification deadline
Many taxpayers believe their compliance responsibility ends once the income tax (I-T) return is uploaded. But, an additional process is
Major capital gains tax relief for homebuyers
A recent ruling by the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has come as a major relief
Property buyers beware: ITAT ruling highlights TDS pitfalls
A ruling by the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has underscored the importance of understanding tax
Scrap Dealer Declares Rs 3 Lakh Income, Gets Rs 44 Lakh Tax Notice; ITAT Steps In
A scrap dealer has been embroiled in a tax-related controversy when he was sent a tax notice of Rs 44
Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declaration
A Delhi resident who earned substantial long-term capital gains from the sale of unlisted shares and invested a large portion
Man invests Rs 9.6 lakh in crypto, books over Rs 3 lakh loss; gets Rs 88 lakh tax demand – ITAT intervenes
A taxpayer who said he invested only around Rs 9.6 lakh in Bitcoin trading and eventually incurred a loss found himself facing
TDS cannot be denied even if Income Tax return is not filed: ITAT
In a peculiar case, income-tax officials during reassessment considered the entire income reflected in Form 26AS as taxable in the
Spouse’s name on property papers not enough to tax sale proceeds: ITAT
If a spouse’s name is added to a property merely for convenience or security, the income-tax (I-T) department cannot automatically
