Posted inBlog
ITAT Panaji Rules in Favor of Section 80P Deductions for Union Bank Business Deposits
Discover the recent ITAT Panaji ruling permitting Section 80P deductions on cooperative bank interest and Union Bank business operation deposits.
Posted inBlog
Panaji ITAT Quashes Section 147 Reassessment When No Addition Made on Reopened Issue
The Panaji ITAT has quashed a Section 147 reassessment because tax officials failed to make additions on the specific issue that reopened the case.
Posted inBlog
ITAT Panaji Quashes Penny-Stock Reassessment for Borrowed Satisfaction
The Income Tax Appellate Tribunal (ITAT) in Panaji recently delivered a significant ruling by setting aside a tax reassessment proceeding involving alleged penny-stock transactions. According to official reports, the tribunal…