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ITAT Patna Overturns Arbitrary 50 Percent Cash Addition in Tax Appeal
Learn how ITAT Patna set aside an arbitrary 50 percent cash addition and mandated thorough cash book verification for accurate tax assessments.
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Andhra Pradesh High Court Strikes Down Section 147A Regarding Faceless Reassessment
Learn about the Andhra Pradesh High Court ruling striking down Section 147A and its impact on retrospective validation and faceless reassessment schemes.
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Complete Guide to Overseas Direct Investment by Indian Companies
Learn the essentials of Overseas Direct Investment by Indian companies under FEMA rules, including net worth limits, RBI approvals, and compliance requirements.
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ITAT Mumbai Rules on Section 10(34) Dividend Exemption and Disallowance
Discover how ITAT Mumbai allowed a ₹1.02 crore dividend exemption under Section 10(34) and set aside a ₹62.16 lakh disallowance.
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ITAT Surat Quashes ₹1.20 Crore Reassessment Due to Invalid Section 148 Notice
ITAT Surat sets aside a ₹1.20 crore reassessment after ruling that the Section 148 notice exceeded the permissible statutory limitation period.
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CIT(A) Must Decide Tax Appeals on Merits Regardless of Assessee Non-Compliance
ITAT Mumbai rules that the Commissioner of Appeals must adjudicate tax cases on merits instead of dismissing them for assessee non-compliance.
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Indian Hotels Company Expands Portfolio to 670 Properties Following Strong Growth
Indian Hotels Company reaches a portfolio of 670 hotels following forty seven new property signings during the first half of fiscal year 2027.
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ITAT Jaipur Quashes Time Barred TDS Demand Under Section 201
ITAT Jaipur rules that the 2014 amendment cannot revive expired limitation periods for TDS demands under Section 201. Read the key insights.
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Essential Tips for Filing Income Tax Returns for AY 2026-27
Discover essential tips for filing your income tax returns for AY 2026-27. Learn about correct forms, tax regimes, e-verification, and common mistakes.
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Missed ITR Filing Deadline for FY 2025-26? File Your Belated Return Before December 31, 2026
Missed the ITR filing deadline for FY 2025-26? Learn about belated returns, late fees under Section 234F, interest penalties, and AY 2026-27 rules.