Retired employee denied tax exemption on Rs 13 lakh leave encashment, ITAT Jaipur restores tax benefit under new Rs 25 lakh limit

Retired employee got Rs 13 lakh as leave encashment; tax dept denies tax exemption; ITAT Jaipur applies Rs 25 lakh leave ...
Tax Guru

Delhi HC Quashes Section 153C Notices Beyond 10-Year Limit

The Delhi High Court held that reassessment under Section 153C cannot exceed the ten-year block calculated from the date of ...
Mid-Day on MSN

Aishwarya Rai Bachchan gets relief in Rs 4 crore income tax dispute

Aishwarya Rai Bachchan has reportedly received relief from the Income Tax Department after the Income Tax Appellate Tribunal ...

Aishwarya Rai Bachchan wins Rs 4 crore income tax battle in ITAT Mumbai; Know how disallowance of income works

As established in Maxopp Investment Ltd. v. CIT (2018) 402 ITR 640 (SC), the AO must provide reasons before invoking Rule 8D ...