In recent years we have seen several occasions when judges of the first tier tribunal (FTT) have upheld taxpayer appeals ...

Consequently, the Tribunal deemed the appeal infructuous and dismissed it. However, ITAT granted the revenue the liberty to seek a reopening of the matter if it could later demonstrate that the case ...

The first tier tribunal (FTT) has struck out a case concerning top slicing relief, on the basis that it had no jurisdiction ...

Conclusion: Assessee was entitled to the exemption under Section 10A as ex-post facto approval granted by the RBI, the ...

Sections 147/148 remain applicable if AO opts not to invoke Section 153C: ITAT Mumbai upholds addition under Section 68 of ₹4.89 Cr.

Gujarat High Court held that rejection of rebate claim under rule 5 of the Export Rules for want of documents not justified since and department cannot deny rebate claim which was legally entitled to ...

Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts - ...

During a federal appeals hearing, lawyers for the former Ohio House speaker said what prosecutors called the largest public ...

Cochise County voters approved building a new jail with a half-cent sales tax in 2023, but it’s still not built ...

ITO before ITAT Mumbai focused on the disallowance of exemption under Section 54 of the Income Tax Act, 1961. The assessee had sold a residential property and reinvested in four new flats in the same ...

Many companies are in the midst of preparing their year-end Annual Reports on Form 10-K and looking ahead to their annual meeting of shareholders.

The new ruling in the Magnitsky case adds pressure on Swiss banks to navigate between Swiss law and the impact of US sanctions.