ITAT: Redeveloped flat can’t be taxable as ‘other income’
Income Tax Appellate Tribunal (ITAT), Mumbai bench, has ruled in favour of a taxpayer who received a flat worth Rs […]
ITAT – Income Tax News
ITAT Chennai ruling clarifies equity transfers to private trusts for relatives are not taxable under Section 56(2)(x)
The Income Tax Appellate Tribunal (ITAT) Chennai has ruled that equity shares transferred to a private trust set up exclusively
Shilpa Shetty gets Rs 12.54 crore gift from Raj Kundra, his income Rs 27.71 lakh; tax dept flags mismatch – what ITAT said
A Rs 12.54 crore gift received by actor Shilpa Shetty Kundra from her husband Raj Kundra has come under tax
WhatsApp chats lead to Rs 22.5 crore tax demand for a taxpayer – ITAT ruling clarifies what counts as evidence
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Delhi struck down a Rs 22.5 crore tax addition made
Relief for crypto traders: ITAT deletes tax addition over inconsistent assessment
In a ruling which can bring relief to lakhs of cryptocurrency traders facing income tax demands, the Income Tax Appellate
ITAT Quashes Reassessment Against Lalit Modi, Says Parallel Proceedings Under Income Tax Act Impermissible
The Income Tax Appellate Tribunal (ITAT) has quashed a reassessment order passed against former IPL commissioner Lalit Kumar Modi for
Woman receives Rs 33 lakh property as gift, gets tax notice: ITAT explains when a gift becomes taxable
A woman with an annual income of just Rs 3.4 lakh received a property worth Rs 33 lakh through a
NRI missing ITR filing slapped with 78% tax notice on property payment — ITAT steps in
When an Australia-based Non-Resident Indian (NRI) bought a Rs 32 lakh flat in India, he did not expect a tax
ITAT Rules Rs 33 Lakh Family Property Transfer Not Taxable
A woman declaring annual income of about Rs 3.4 lakh will not be taxed on a Rs 33 lakh property
Cash gifts from family, relatives not exempt from income tax if you fail to explain these details, says ITAT
Cash gifts from relatives are generally tax-free under the Income Tax Act. But a recent case discussed by tax advisory
