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ITAT Bangalore deletes penalty for cash transactions in property sale
The Hon'ble Income Tax Appellate Tribunal, Bangalore in Laxmilal Badolla vs. The NFAC, Delhi & The Income Tax Officer (ITA...
Sep 10, 2024


Tax Officer Faces One-Week Jail for Ignoring High Court Order on Tax Demand Withdrawal
The Hon'ble Allahabad High Court in Prashant Chandra v. DHarish Gidwani Deputy Commissioner Of Income-tax Range 2, Contempt Application...
Aug 18, 2024


ITAT rules high sea sales aren't speculative transactions. Allows set-off of losses against interest income. | High sea sales tax treatment
ITAT rules high sea sales in edible oil trading not speculative under Section 43(5), allowing set-off of losses against interest income. Foc
Jul 11, 2024
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