Tag: income tax appellate tribunal
Income Tax Tribunal Declares NRI Mother’s 3 Crore Gift Tax-Free | Mumbai News
MUMBAI: The Mumbai bench of the income tax appellate tribunal (ITAT) has ruled in favour of a Mumbai-based taxpayer, who received Rs 3 crore as…
Tata’s 130-year-old foreign education fund gets relief as I-T tribunal reinstates its tax-exemption status
The Income Tax Appellate Tribunal (ITAT) on Tuesday ruled that the JN Tata Endowment (JNTE) for higher education abroad will continue to enjoy income-tax exemption,…
Non-resident gets tax relief on overseas income
Mumbai: The Income Tax Appellate Tribunal (ITAT) has come to the rescue of a salaried individual who was deputed to work outside India, by holding…
‘Non-resident’ gets tax relief on overseas income
MUMBAI: The Income Tax Appellate Tribunal (ITAT) has come to the rescue of a salaried individual who was deputed to work outside India, by holding…
NRI home buyer gets a relief from paying income tax on imposed income of Rs 40.45 lakh, due to delayed registry
The Delhi bench of the Income-tax Appellate Tribunal (ITAT) has spared a non-resident Indian (NRI) from paying any tax in a case dealing with underpayment…
e appeals scheme: CBDT notifies e appeals scheme 2023
New Delhi: The Central Board of Direct Taxes (CBDT) on Tuesday launched “e appeal” scheme announced in the budget to reduce pendency of appeals related…
benami: Taxman has a ‘benami’ key to exhume deals assumed long done and dusted
Old deals – sharp, shady as well as kosher – are coming under the lens, unsettling many who had overlooked a provision of the Benami…