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About 119 results for "income tax appellate tribunal"

An expense towards repair of flat is allowable deduction under section 54 of Income Tax
Accommodation Times

Discounts received on buying aircraft to come under tax net

NEW DELHI: The Commissioner of Income Tax (Appeals), a quasi-judicial appellate authority, has asked the Central Board of Direct Taxes to look at treating discounts received by Indian airlines on purchase of aircraft as commission while computing ... Economic Times, 2 days ago

Transfer pricing disputes: Apply mind before sending tax demands says Income Tax Appellate Tribunal

MUMBAI: In an order that may benefit multinational and Indian companies that are tied down in transfer pricing disputes with the revenue department, the Income Tax Appellate Tribunal has held that officers must "apply their mind" before firing off ...
 Economic Times1 week ago Why taxpayers see the TATA ruling as a breakthrough for Indian TP disputes  TP Week2 days ago Transfer Pricing Week  Research and Markets3 weeks ago Quality assessment is answer to transfer pricing litigation  Financial Chronicle1 month ago
Calcutta Telegraph

I-T tribunal gets elite city address

Jharkhand High Court judge DN Patel (left) inaugurates the new income tax tribunal office on Pee Pee Compound in Ranchi on Monday. Picture by Prashant Mitra The Income Tax Appellate Tribunal (ITAT), where taxpayers of Jharkhand come to settle ...
 Calcutta Telegraph1 month ago CBDT orders I-T offices to set up grievance cells  Times of India2 weeks ago Vodafone group CEO Vittorio Colao to call on Arun Jaitley, PM Narendra Modi this week  Financial Express1 month ago Vodafone gets High Court relief in I-T case  Deccan Chronicle1 month ago

Solicitor's eye treatment expense personal, not professional: Bombay High Court

A division bench of justices MS Sanklecha and GS Kulkarni was deciding on a reference forwarded by the Income Tax Appellate Tribunal based on an application made by solicitor Dhimant Hiralal Thakar, who had gone abroad in 1986-87 and incurred an ...
 DNA India4 weeks ago Eye treatment can't be considered professional expenditure: Bombay High Court  Indian Express4 weeks ago
Deccan Chronicle

I-T goes hi-tech to end litigation

New Delhi : Aimed to reduce lengthy proceedings and time taken in litigation, the Income Tax (I-T) department has activated a PAN-based online system which enables the taxman to access cases in their jurisdiction on a click, amongst a building ...
 Deccan Chronicle1 day ago A PAN-based online system to resolve tax woes  Rediff.com1 day ago IT Department Launches PAN-Based Litigation Management System  Silicon India1 day ago I-T Dept launches PAN-based litigation management  Millennium Post1 day ago

Good news for taxpayers! I-T grievances like high-pitched assessments to be addressed in 2 months

NEW DELHI: Taxpayers facing "high-pitched" assessments or unfair scrutiny by the Income Tax Department can now attempt to get their grievances redressed in a short time before undertaking the arduous litigation route of courts or other appellate ...
 Economic Times1 week ago New mechanism for redressal of taxpayers grievances in 2 mths  Daily Excelsior.com1 week ago Committees to be set up in every region to address taxpayer woes  Livemint.com2 weeks ago

Local committees for faster hearing of IT cases: FinMin

After complaints of unfair scrutiny by income tax assessees, the finance ministry has decided to set up local committees through which tax payers can vent their grievances. These committees are an additional layer below the Income Tax Tribunal, ...
 Deccan Herald1 week ago
Hindustan Times

Tax road map to deal with disputes in works: Adhia

NEW DELHI: India is preparing a plan to deal with the problem of a large number of tax disputes, a top finance ministry official said, in a bid to clear an almost intractable issue that's given the country's investment regime a bad name. "We are ...
 Economic Times3 weeks ago Govt preparing roadmap for dealing with tax litigation: Revenue Secretary  Smart Investor3 weeks ago Government preparing roadmap for dealing with tax litigation: Adhia  Deccan Chronicle3 weeks ago

RV Easwar: The man who will make Income Tax laws simpler

The government appears serious about its intent to do away with the sore points in the taxation laws. IMAGE: Justice RV Easwar. Photograph, courtesy: Delhi High Court website     As the National Democratic Alliance government looks to make India an attractive destination for foreign investments, it will be the task of Justice RV Easwar to overhaul the 54-year-old labyrinthine Income Tax Act to make it simpler and more streamlined. Easwar, a former Delhi High Court judge, now heads ...
 Rediff.com4 weeks ago

Cap on tax benefit to charities

is entitled to set apart 25 per cent of the total income for charitable purposes even if it is not spent in the assessment year. It is an option permitted in the Income Tax Act but the limit should be observed. The Supreme Court stated that both the ...
 Business Standard India1 month ago
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