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About 21 results for "income tax appellate tribunal"

I-T tribunal bats for Sachin in tax dispute

I-T tribunal bats for Sachin in tax dispute

Treats gains on sale of as capital gains, not business income, spares him from huge tax liability. The Income Tax Appellate Tribunal, Mumbai, has ruled in favour of cricketing star Sachin Tendulkar, in a case pertaining to the taxation of his gains from the sale of shares. The issue was about whether income earned through engaging the services of portfolio managers should be taken as business income or as capital gains. In the case of capital gains, there is no tax if listed shares are held for ..., 2 weeks ago
‘Pending cases before ITAT have come down’ Business Line, 2 weeks ago
I-T Appellate Tribunal sittings in Mangaluru Business Line, 1 month ago

12 images for income tax appellate tribunal

Times of India, 2 weeks ago
Bar & Bench, 3 weeks ago
Times of India, 1 month ago
Times of India, 2 months ago, 2 months ago
International Business Times India, 6 months ago
Financial Express, 4 months ago
Financial Express, 4 months ago
Shipping And Marine Events, 5 months ago
Financial Express, 6 months ago

How to pay tax and claim deductions for joint home ownership

If a couple is registered as joint owners of a property, the tax authorities expect both of them to show their income or capital gains from the house in their tax returns, says Arvind Rao.Illustration: Uttam Ghosh/ When a house is purchased jointly by a couple, they should clearly define their proportion of ownership right at the time of the registration. Benefits like tax deduction on repayment of home loan principal and interest should then be enjoyed in proportion to their ...
 Rediff.com3 weeks ago

Sebi finds lack of evidence in tax evasion of 38K cr

Legal hurdle cited in I-T action against 32,000 entities. The Securities and Exchange Board of India has told the income tax department there's not enough evidence to establish a charge against 32,000 entities on tax evasion. These companies had allegedly misused the stock exchange platform for booking long-term capital gains, to evade taxes. The amount of evasion in question is supposed to be  38,000 crore. According to the markets regulator, the evidence and references provided by the ...
 Rediff.com1 month ago

Seized cash, gold kept in vaults, PD accounts

In 1994, the income tax (I-T) department seized Kumar Rakesh's gold and jewellery. Well over two decades later, Rakesh recently turned up to claim his valuables in the I-T department's Mumbai office, after winning a prolonged case with the tax authorities, ...
 The Financial Chronicle2 months ago
Business Standard

Rejection of my plea part of political vendetta: Virbhadra Singh

Appellate Tribunal (ITAT) is a part of a political vendetta and now he would appeal in a higher court against this verdict. "This is all based on political vendetta. Finance Minister Arun Jaitley has already sent two special judges to hear my case. Jaitley ...
 Business Standard2 months ago

Budget 2017: CII requests smooth mechanism to settle tax disputes

New Delhi: The Union Budget 2017-18 to be presented on Wednesday should provide for a smooth and effective taxation dispute settlement mechanism towards minimising disputes and reducing unnecessary litigation, industry chamber CII said on Sunday. "A simple, ...
 Sify2 weeks ago

ITAT rejects Virbhadra's appeal; HP CM alleges political

In a setback to Himachal Pradesh Chief Minister Virbhadra Singh, the Income Tax Appellate Tribunal (ITAT) has dismissed the appeal filed by him against the order of the Income Tax department, which had sought fresh assessment of his tax returns ...
 Business Standard2 months ago

SC seeks Centre's response on vacant VP's posts in I-T tribunals

The Supreme Court on Monday sought response from the Central government on a PIL seeking filling up of the vacancies of vice presidents (VPs) in the Income Tax Appellate Tribunals (ITAT) across the country.These positions have been lying vacant for the last ...
 Prokerala3 weeks ago SC seeks govt's response on vacancies in ITAT  Business Standard3 weeks ago

SC crack downs on Sahahra, attaches Aamby Valley

The Supreme Court on Monday attached Sahara's Aamby Valley—valued at approximately Rs 39,000 crore – in inorder to expedite the recovery of Rs 14,779 crore the company owes its duped investors. At the insistence of market regulator Securities and ...
 DNA1 week ago

Hits and misses from the last Budget

Five key capital market announcements from the previous Budget. Proposal: Foreign investor investment ceiling on bourses raised from 5% to 15% Impact: None of the exchanges have seen any of their foreign investors take advantage of the higher ceiling. Most have restricted their investments to 5%. However, the measure is expected to help the BSE, which listed last week, and bigger rival National Stock Exchange  which, too, is expected to go public soon  Proposal: Tax sops for Real ...
 Rediff.com2 weeks ago
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