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Long-Term Capital Gain Can't Be Claimed Without Owning Flats for At Least 3 years: ITAT

The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has held that long-term capital gain cannot be claimed without owning flats for at least 3 years.The bench of R.K. Panda (Vice President). ....

Andhra Pradesh , Ks Rama Rao , Hyderabad Bench , Income Tax Appellate Tribunal , Vice President , Laliet Kumar , Judicial Member , Income Tax Act , Assessing Officer , Income Tax , For Appellant , Long Term Capital Gain ,

High court quashes ITAT order in money laundering case

India Business News: The Bombay High Court has overturned an ITAT order that upheld the additional "unaccounted income" as taxable for an individual accused of stock riggi ....

Naresh Manakchand Jain , Registrar Of Companies , Income Tax Appellate Tribunal , Business News , Money Laundering , Income Tax , High Court ,

Itat: Bombay high court quashes ITAT order on technical grounds, as the tribunal had gone beyond its scope

India Business News: The Bombay high court has recently quashed an order passed by the Income-tax Appellate Tribunal (ITAT), which had upheld addition of ‘unaccounted inco ....

Naresh Manakchand Jain , Indira Balakrishna , Registrar Of Companies , Exchange Board Of India , Income Tax Appellate Tribunal , Exchange Board , Reserve Bank , Business News , Technical Grounds , Border Passed , High Court ,

PCIT Precluded From Initiating Proceedings Based On Document Not Forming Part Of Any Proceedings: ITAT

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the basis to initiate the proceedings under Section 263 of the Income Tax Act by the PCIT is misplaced as it was based on the. ....

Ahmedabad Bench , Income Tax Appellate Tribunal , Income Tax Act , Suchitra Kamble , Judicial Member , Waseem Ahmed , Accountant Member , Departmental Valuer , For Appellant ,

ITAT Deletes Addition On Cash Deposit During Demonetisation On Account Of Sale Of Petrol, Diesel And Other Petroleum Products

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition of cash deposits during demonetisation on account of the sale of petrol, diesel, and other petroleum products.The. ....

Ashok Kumar Suthar , Tr Senthil Kumar , Reliance Industries Ltd , Rajkot Ltd , Bank Notes , Ahmedabad Bench , Income Tax Appellate Tribunal , Judicial Member , Waseem Ahmed , Accountant Member , Reliance Industries , Specified Bank Notes , Co Operative Bank , Assessing Officer , Income Tax , For Petitioner , Ashok Kumar , Cash Deposit , Petroleum Products ,