Homebuyer was denied Rs 10 lakh capital gain tax exemption by Income Tax dept for not depositing unutilised land sale gains in CGAS on time, he wins case in ITAT Che…

Guy sells land, gets Rs 10 lakh capital gains, files no ITR admitting this income, wins case in ITAT Chennai for this reason ...

Up to 8.15% FD rate for senior citizens investing for three years; Here’s the full list of banks

Senior citizens can now invest in fixed deposit and get interest rates as high as 8.15% for a three-year term, with Utkarsh ...
Tax Guru

Don’t Add Purchases Based on GST Portal Data Alone: ITAT Remands for Full Reconciliation

The ITAT ruled against mechanically confirming a large addition under Section 69C, stating that tax authorities must genuinely distinguish between procedural discrepancies and fraudulent inflation.

Delhi NCR builder ordered to pay Rs 85 lakh for delayed home possession: Haryana RERA judgment explained

Arun Kumar, the Chairman of the Haryana Real Estate Regulatory Authority (HRERA) has ordered a reputed Delhi NCR-based ...

Taxpayer fights and gets big relief against Rs 2.28 crore income tax notice; ITAT Ahmedabad reduced it to only Rs 63,000

A person faced a Rs 2.28 crore tax notice for unexplained income. After filing an ITR declaring Rs 3.83 lakh, the tax department added the large sum. However, ITAT Ahmedabad significantly reduced the ...