The judgment is likely to benefit prospective homeowners who are planning to exchange their old homes for upgraded ...

The Kerala High Court recently addressed important procedural questions regarding appeals following remand orders in the case of Malabar Institute of Medical Sciences Ltd. v. DCIT. The Court ...

In a recent ruling, the Chhattisgarh High Court held that penalty under Section 271(1)(c) of Income Tax Act not applicable if ...

During the ITAT proceedings, the counsel for the assessee contended that the CIT (A) had rejected a final adjournment request and subsequently dismissed the appeal without a proper adjudication on the ...

If you're a tax resident of a foreign country that doesn't tax capital gains and has a residual clause under ‘capital gains’ ...

The ITAT ruling will affect NRIs investing in Indian mutual fund schemes, as capital gains earned will not be taxed in India ...

The Income Tax Department has set April 30, 2025, as the deadline for taxpayers to file declarations under the Vivad Se ...

As per a recent ruling by the Mumbai Income Tax Appellate Tribunal (ITAT), it was determined that transactions of this nature ...

Income Tax Appellate Tribunal says transfer is 'extinguishment' of rights, not asset replacement or income gain ...

The Mumbai ITAT ruled that an NRI from Singapore is not liable to pay tax in India on ₹1.35 crore short-term capital gains ...

ISLAMABAD: In a major development in tax litigation, the Appellate Tribunal Inland Revenue (ATIR), Islamabad has ordered the ...

Mumbai: In a significant relief to a Non-Resident Indian (NRI) investor, the Mumbai bench of the Income Tax Appellate ...