Income Tax Appellate Tribunal
Del HC | Reopening of assessment based on a change of opinion by Assessing Officer held vitiated in law as it does not satisfy legal requirement of S. 147 ITA
Delhi High Court: A Division Bench of S. Muralidhar and Talwant Singh, JJ. dismissed an appeal filed by the Revenue against the order
Guj HC | Unabsorbed depreciation could be carried forward up to maximum period of 8 years from the year in which it was first computed
Gujarat High Court: A Division Bench of J.B. Pardiwala and A.C. Rao, JJ. dismissed a tax appeal filed under Section 260-A of
P&H HC | Selling of plots merely ancillary activity carried out for improvement of area cannot be equated with carrying of business
Punjab and Haryana High Court: This order disposed of five appeals filed by revenue under Section 260-A of Income Tax Act, 1961
Valuation by Departmental Valuation Officer under Section 50C of IT Act, 1961 required only to avoid miscarriage of justice
Income Tax Appellate Tribunal, Kolkata: Explaining the legislative intent behind Section 50 C of the Income Tax Act, 1961, it was held