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ITAT JAIPUR OPERATION
Senior citizen built home on Rs 22 lakh plot, sold for Rs 8 crore, got income tax notice; he fights and wins tax battle at ITATA senior citizen successfully appealed to the ITAT Bangalore, securing partial relief in a tax dispute over the sale of a Bengaluru propert...
CBI cracks open mega bribery web inside Jaipur tax tribunal; Judicial member, advocate and appellant arrestedThe CBI has busted a bribery racket at the Income Tax Appellate Tribunal in Jaipur, arresting a judicial member, an advocate, and an appell...
Man sells unlisted start-up shares for Rs 52 crore; tax dept issues notice for undervaluation; he wins case in ITAT DelhiAn investor in South West Delhi won a significant tax case. The Income Tax Appellate Tribunal quashed a Rs 52 crore addition to his income....
Homeowners, not housing society, must pay capital gains tax on sale of development rights to builders, rules ITAT MumbaiThe Income Tax Appellate Tribunal Mumbai has ruled that individual homeowners are liable for capital gains tax when their housing society s...
Petrol pump owner declares Rs 37 lakh income in ITR, gets tax notice for Rs 14 lakh unexplained cash deposit, wins case in ITAT BangaloreA petrol pump owner declared Rs 37 lakh income on Rs 37 crore turnover. He received a tax notice for Rs 14 lakh cash deposit. The ITAT Bang...
Landlord wins eviction case against tenant who stopped paying rent since 2014 and sub-let property in 2021: Himachal Pradesh High Court orderA landlord in Shimla successfully evicted tenants who defaulted on rent since 2014 and illegally sublet the property in 2021. The Himachal ...
Landowner earns Rs 1.82 crore from mango sales, tax dept issues notice and adds Rs 1.2 crore as unexplained cash credit; ITAT Bangalore gives reliefThe ITAT Bangalore ruled in favor of Mr. Kanana, a landowner, upholding his affidavits and dismissing a tax notice influenced by online art...
need2know: Six things you must know to start your day on D-StreetHere's a look at six macro-economic triggers that are likely to impact the market today.