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ITAT LUCKNOW TAX CASE
Allahabad HC declines to hear PIL seeking probe into 'embezzlement' of donations at Ram templeThe Allahabad High Court has refused to hear a public interest litigation demanding an independent probe into alleged misappropriation of d...
Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
ITR filing for NRIs: From miscounted days in India to missed NRO interest, these mistakes can trigger tax noticesMiscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax department.
Chirag Paswan backs stronger NDA in Uttar Pradesh, says LJP keen to contest pollsChirag Paswan announced his party will host Ram Vilas Paswan's birth anniversary in Lucknow to bolster its Uttar Pradesh presence ahead of ...
Chirag Paswan's LJP (Ram Vilas) eyes Uttar Pradesh pollsUnion minister Chirag Paswan is set to address party workers in Lucknow, marking a significant shift from Bihar for his father's birth anni...
'Lotus will bloom again in UP': Nitin Nabin on assembly polls after arriving for 2-day visitBJP National President Nitin Nabin expressed strong confidence in the party's victory in the 2027 Uttar Pradesh assembly polls, citing the ...
Ram Mandir trust to discuss SIT report, CEO appointment on MondayShri Ram Janmabhoomi Teerth Kshetra Trust members convene today to address the fallout from a donation theft, including trustee resignation...
Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reasonA Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh ...
Prof Arun Mohan Sherry is new IIM Shillong directorProf Arun Mohan Sherry, the founding director of IIIT Lucknow, has been appointed the new director of IIM Shillong for a five-year term. Pr...
Made less than Rs 1.25 lakh LTCG from equities this year, do you need to file ITR?Even if your long-term capital gains from stocks are under Rs 1.25 lakh, you must still file your Income Tax Return for AY 2026-27. While t...
Cyber fraud case: All 119 detained in Lucknow call centre raid now arrestedAuthorities have arrested 119 individuals following the unearthing of a sophisticated fake international call center in Lucknow. Operating ...
Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
SIT an eyewash, formed to protect the powerful: Arvind Kejriwal on Ram Mandir donation probeArvind Kejriwal has labelled the Special Investigation Team (SIT) probing the Ram Temple donation scam as an "eyewash" and legally invalid....
ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...
Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...
Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...