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    Tag: Assessing Officer

    Shilpa Shetty Gets Partial Relief In Rs 12.5 Cr Gift Case as ITAT Says “Burden of proof rests on taxpayer”
    Shilpa Shetty Gets Partial Relief In Rs 12.5 Cr Gift Case as ITAT Says “Burden of proof rests on taxpayer”
    Other CourtsLatest news

    Shilpa Shetty Gets Partial Relief In Rs 12.5 Cr Gift Case as ITAT Says “Burden of proof rests on taxpayer”

    Shilpa Shetty secured partial relief as the Income Tax Appellate Tribunal ordered fresh examination of her Rs 12.5 crore gift dispute, directing the Assessing Officer to reassess evidence under Section 68 after granting opportunity to establish genuineness.

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    FTC Cannot Be Denied Merely For Late Filing Of Form 67 Under Income Tax Rule : Delhi HC
    FTC Cannot Be Denied Merely For Late Filing Of Form 67 Under Income Tax Rule : Delhi HC
    High CourtLatest news

    FTC Cannot Be Denied Merely For Late Filing Of Form 67 Under Income Tax Rule : Delhi HC

    The Delhi High Court ruled Foreign Tax Credit cannot be denied solely for delayed Form 67 filing, directing reconsideration within two months. Real Time Data Services Private Limited challenged FTC denial for AY 2020-21 and subsequent years.

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