Tribunal clarified that the Section 251 amendment uses the term 'may set aside,' meaning it is discretionary. Since the issue was already resolved in remand, addition was ...
The Tribunal held that the CIT(A) acted inconsistently by condoning delay in the quantum appeal but refusing the same in penalty appeals. Since sufficient cause existed and was already recognized, ...
The Ahmedabad branch of the Income Tax Appellate Tribunal has issued a pivotal judgment, reaffirming that agricultural land ...
In a landmark decision on November 19, 2025, the ITAT Hyderabad ruled that severance packages is to be classified as taxable ...
CARRYING emotional support for their sister team, the University of Cebu (UC) Baby Webmasters defeated the Cebu Eastern College (CEC) Dragons, 68–60, to secure ...
The Business & Financial Times on MSN
Weak tax collection deepening debt and fuelling inequality – study
By Ernest Bako WUBONTO The economy is collecting barely one-third of the tax revenue it should, a new study has revealed – ...
Want to get paid for opening a new savings account? With these banks, you can. Here are the best bank bonuses available this ...
The Federal Government generated a total of N1.14 trillion as Company Income Tax (CIT) from financial and insurance ...
This week's top bank bonuses can put a few hundred dollars in your pocket -- open an account, meet simple requirements, and ...
Crypto currencies and other crypto assets are increasingly being adopted by investors. Over time, the legal framework applicable to this asset ...
1don MSN
Karta repays more than advance taken, I-T sends tax notice, but ITAT Mumbai rules in favour of HUF
The Mumbai branch of the Income Tax Appellate Tribunal has issued an important ruling, stating that any surplus loan refunds ...
A wholesale trader of Pan Masala and Bidi secured a significant victory at the ITAT Surat. The tribunal deleted an addition ...
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