Income Tax Act

Allahabad High Court while hearing a petition filed by Katiyar Cold Storage Private Limited asked the Secretary of the Union Finance Ministry about action taken against the officers of the Income Tax Department for issuing illegal and arbitrary notices under section 148 of the Income Tax Act, 1961

The Supreme Court on Tue...

The first and the primary prayer made by the petitioners in Rajasthan High Court was for extension of time limit for filing returns and furnishing tax audit reports.

The Calcutta High Court has restrained the Income Tax Department from collecting Tax Deduction at Source (TDS) under Section 194N of the Income Tax Act, 1961, till September 30.

The matter before the Delhi High Court was the Revision Petition filed by the man convicted under Section 138 of the Negotiable Instruments Act. He had taken a loan of Rs 15 lac from the complainant in the following manner

Even as courts pass orders saying that disclosure of interest is needed when an applicant seeks personal information under the Act, experts are concerned that such orders defeat its very objective.

The Delhi High Court has recently held that the failure of the assessing officer to adhere to the "mandatory requirement" of Section 144C(1) of the Income Tax Act, 1961 invalidates the assessment order.

The Allahabad High Court...

The Supreme Court constit...

Big defeat for the centre...