The ITAT Chennai upheld the quashing of a reassessment for AY 2017-18, ruling the u/s 148 notice invalid. As more than three years had elapsed, u/s 151(ii) required sanction from the Principal Chief ...

The ITAT Hyderabad quashed a penalty order imposed under Section 270A, ruling it was barred by limitation under Section 275(1)(c) because the order was passed in December 2021, six months after the ...

For 2026, some insurers in North Carolina have proposed steep premium hikes for marketplace plans — including nearly 40% by AmeriHealth Caritas, 29.4% at Blue Cross Blue Shield of North Carolina, and ...

ITAT Delhi held that notice under section 274 r.w.s. 271(1)(c) of the Income Tax Act issued without specifying the specific ...

Here's when and where you can vote and what's on the ballot in the November 2025 election in Nueces, San Patricio, Aransas ...

Every year, the IRS releases a “Dirty Dozen” list—a public warning to taxpayers about the latest and most dangerous tax scams ...

ITAT Delhi held that assessment under section 153A of the Income Tax Act based on common approval under section 153D of the Income Tax Act is non-est in the eye of law. Hence, the same is liable to be ...

Tamil Nadu AAR ruled that ONGC's Minimum Guaranteed Off-take (MGO) charges, levied on GAIL for short-lifting gas, are ...

We believe a boom may be on the horizon, driven by a favorable policy mix and a healthy consumer that should support earnings ...

The ITAT Ahmedabad dismissed the Revenue's appeal, ruling that cash deposits of Rs.9.37 crore made by Arvindbhai Jewellers during demonetisation were not unexplained cash credits under Section 68. The ...

The ITAT ruled that Compulsorily Convertible Debentures (CCDs) legally remain debt until conversion, rejecting the Transfer Pricing Officers (TPO) re-characterization of them as equity. The Tribunal ...

Relying on binding Supreme Court and High Court precedents, the Tribunal set aside the revisionary order as legally invalid because the PCIT failed to bring the legal heir on record before passing the ...