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Income Tax Tribunals

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SC questions HC order in Congress's tax case

The Supreme Court on Monday questioned the Delhi high court's decision asking the Congress party to approach the Income Tax Appellate Tribunal for a stay on Income Tax demand notice for recovery of......

Delhi HC dismisses Cong's pleas against tax proceedings

The Delhi high court on Thursday rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for a period of four years by tax authorities. Photograph:......

Cong gets fresh I-T notice for Rs 1,745 cr, total tax demand at Rs 3567 cr

In mounting trouble for the Congress, sources in the party said it has received fresh notices from the Income Tax department, raising a tax demand of Rs 1,745 crore for the assessment years 2014-15......

Congress challenges I-T order in tax penalty case in Delhi HC

The Congress on Monday moved the Delhi high court challenging the dismissal of its plea by the Income Tax Appellate Tribunal (ITAT) against the imposition of penalties for discrepancies in certain......

I-T tribunal junks Cong plea to stop action against bank accounts

The Income Tax Appellate Tribunal on Friday dismissed the Congress party's appeal against imposition of penalty for discrepancies in tax returns for previous years and said it was exploring all......

What Sitharaman's 7th Budget has in store for us

Highlights of the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Tuesday. Illustration: Dominic Xavier/Rediff.com Standard deduction in new tax regime......

Vivad Se Vishwas 2.0 to ease litigation woes

The Union finance ministry on Thursday notified the Direct Tax Vivad Se Vishwas Scheme, 2024, which will come into effect on October 1. Photograph: Jitender Gupta/ANI Photo This scheme will allow......

Vivad Se Vishwas 2.0 will start from Oct 1

The government has notified October 1 as the starting date for direct tax dispute resolution scheme Vivad Se Vishwas 2.0. Illustration: Dominic Xavier/Rediff.com Vivad Se Vishwas scheme 2.0 was......

Make Tax Officials Accountable!

'Tax officials view most taxpayers as evaders.''The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection......

I-T Sleuths Chasing Rs 16.69 Trillion Tax Arrears

As on April 1, income tax arrears have increased to Rs 43 trillion from Rs 24 trillion on April 1, 2023. Illustration: Uttam Ghosh/Rediff.com   The Central Board of Direct Taxes (CBDT),......

HC grants relief to Big-B in 2002-03 tax case

Observing that review under the garb of reassessment was not permissible in law, the Bombay High Court has granted relief to mega star Amitabh Bachchan by dismissing an appeal filed by the Income......

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