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income tax appellate tribunal news
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Ajit Pawar's properties worth ₹1,000 crore cleared by I-T dept: Report
The Income Tax Appellate Tribunal dismissed claims related to the Jarandeshwar Sugar Mill, citing “lack of proof” linking Maharashtra dy CM Ajit Pawar's funds.
Updated on Dec 07, 2024 01:21 PM IST
IT tribunal dismisses Congress' plea against action by tax authorities
Party leaders said that the tribunal dismissed the appeal of the Congress against the imposition of penalties by the Income Tax department
Updated on Mar 08, 2024 11:52 PM IST
HT Correspondent, New Delhi
Income tax row: Congress claims BJP stealing money ‘from our banks’
The politician said the Congress never subjected BJP to such treatment when it was ruling at the Centre.
Updated on Feb 22, 2024 12:31 PM IST
'Does BJP pay?': Income Tax department deducts ₹65 crore from Cong accounts
The Congress has moved the Income Tax Appellate Tribunal (ITAT) against the recovery of the outstanding tax.
Updated on Feb 22, 2024 06:15 AM IST
Tribunal de-freezes Cong’s bank accounts, party slams action on flimsy grounds
Congress leader Vivek Tankha, who appeared before the Income Tax Appellate Tribunal, said it will hear the matter next Wednesday before a final decision is taken
Published on Feb 16, 2024 02:37 PM IST
Congress gets tax tribunal relief after bank accounts 'frozen' by I-T dept claim
Ajay Maken earlier said Income Tax authorities had frozen Congress main bank accounts, impacting all political activity.
Updated on Feb 16, 2024 02:32 PM IST
ITAT nullifies assessment of property against ex-IAS Arvind Joshi, his wife
In 2010, during an IT raid at the couple’s residence in Bhopal, the officials allegedly found Rs.3.03 crore in cash following which a tax evasion probe was launched against the couple
Published on Nov 29, 2023 01:10 PM IST
Tata trusts get tax tribunal clearance in I-T case
Tribunal rules there is no violation in earlier assessment.The tribunal’s upholding of the original assessment for assessment year 2014-15 is significant as it sets a precedent for subsequent years too
Updated on Dec 29, 2020 05:55 AM IST
Livemint, New Delhi | Gireesh Chandra Prasad
CJI Bobde calls for speedy resolution of tax disputes
The Chief Justice said tax judiciary plays a very important role in resource mobilisation of the country and expressed concern over pendency of cases.
Updated on Jan 24, 2020 10:43 PM IST
New Delhi | Press Trust of India
Bombay HC orders income tax refund of ₹788 cr to Vodafone within three weeks
The order to refund Rs. 788.39 crore arose was issued last week. The dispute has its origin in the assessment order of March this year for 2017-18, the financial year in which the company had suffered huge losses in excess of ₹6,600 crore.
Updated on Oct 18, 2019 01:00 PM IST
Hindustan Times, Mumbai | HT Correspondent
Government plans one-time amnesty scheme for old income tax cases
Experts said that if this happens, it will reduce the volume of tax litigations significantly, and also help taxpayers spend their time and effort on more productive matters, but added a caveat that its success will depend on the actual details of the amnesty.
Updated on Jul 16, 2019 09:31 AM IST
Hindustan Times, New Delhi | Rajeev Jayaswal
Karnataka businessman jailed for Rs 7.35 crore Income Tax default
The taxpayer was granted several opportunities by the TRO to pay the outstanding amount, but he failed to appear before the officer on 17 occasions, the release said.
Published on Feb 16, 2019 07:29 PM IST
Bengaluru | Press Trust of India
Supreme Court slams Income Tax dept for ‘misleading statement’, says it is not a picnic place
A Supreme Court bench also slapped a cost of Rs 10 lakh on the Income Tax department and said it was “shocked” that the Centre, through the Commissioner of Income Tax, has taken the matter “so casually”.
Updated on Sep 02, 2018 03:39 PM IST
New Delhi | Press Trust of India
Income tax department seizes ₹440 crore dividend income of Cairn Energy
The seizure was done to recover a part of the ₹10,247 crore tax demand it had raised on the British firm using a retrospective tax legislation.
Updated on Apr 15, 2018 11:22 AM IST
Press Trust of India, New Delhi | Press Trust of India