The Income Tax Appellate Tribunal (ITAT) Mumbai ruled in favor of Ramlal G Suthar, quashing the reassessment order under Sections 147 r.w.s. 1 ...

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the ...

In the recent ruling ITAT held that deduction u/s 54B would not be applicable in case land was not used for agricultural purposes in two years preceding date of transfer.