Posted inBlog
ITAT Mumbai Rules Cash Movements Totaling 381 Crore Cannot Be Taxed Twice
ITAT Mumbai rules that cash movements worth 381 crore cannot be taxed twice under Sections 69A and 69C, making only reasonable commission taxable.
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ITAT Mumbai Reduces Angadia Cash Transaction Addition from Crores to Lakhs
ITAT Mumbai significantly reduces an income tax addition based on audio recordings from ₹8.18 crore to ₹2.46 lakh, granting major relief.
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LIC Housing Finance Announces 11 Percent Increase in Second Quarter Net Profit
LIC Housing Finance reports an 11 percent increase in profit after tax for the second quarter, according to recent regulatory filings.