Direct Tax SC allows capital loss resulting from capital reduction as the same is covered under ‘Transfer’ as per section 2(47) Read More »
Direct Tax Rajkot ITAT ruling rendering Section 56(2) inapplicable in a scheme of amalgamation as share transfer is not considered a “transfer” under Section 47(vii) of the Act Read More »
Direct Tax ITAT Bangalore recalls its order dated 30 December 2024 in case of Buckeye Trust Read More »
Direct Tax Tribunal examines the taxability of a settlement of property made to a private discretionary Trust Read More »
Direct Tax CBDT condones delay in filing Form No. 10-IC, Form No. 10-ID for AYs 2020-21, 2021-22 & 2022-23 Read More »
Direct Tax CBDT condones delay in filing Form 9A/ 10/ 10B/ 10BB for AY 2018-19 and Subsequent Years Read More »
Direct Tax CBDT Issues Fresh Guidelines for Handling Applications for Condonation of Delay Under Section 119(2)(b) for Refunds and Loss Claims Read More »
Direct Tax Delhi HC quashed Final Assessment order passed without issuance of Draft Order u.s 144C Read More »
Direct Tax Indexation benefit allowed to Resident Individuals/HUF for immovable properties acquired before 23rd July 2024 Read More »
