Income Tax department imposes Rs 2.2 lakh penalty on retired government employee for gratuity tax exemption claim - here's how she won case in ITAT

A retired government employee successfully appealed a penalty after mistakenly claiming an excess gratuity tax exemption. The ...
CNBCTV18

Supreme Court allows income tax department to withdraw ₹8,500 crore transfer pricing case against Vodafone

The withdrawal of the ₹8,500 crore transfer pricing case marks the conclusion of a long-running tax dispute between Vodafone ...

Wife wins case against tax department after getting Rs 1.85 crore compensation from builder for construction delay; ITAT Mumbai rules in her favour

A woman received Rs 1.85 crore from a builder for delayed flat construction. The tax department sought to apply Section 50C, ...

Tax dept used AI to issue income tax notice; Bombay High Court quashes notice, calls process unfair to taxpayer

Bombay High Court rules against AI-based tax scrutiny, cancels Rs 22-crore notice issued by Income Tax Department ...

Income-Tax Department unearths Rs 5,500 Cr donations racket

A nationwide Income-Tax Department probe has revealed a massive scam involving over ₹5,500 crore in fake political donations.
Voice&Data

IT department withdraws long-running Vodafone tax dispute

Industry: Income Tax Department on Monday withdrew its long-pending Rs 8,500-crore transfer pricing case against Vodafone ...

Income Tax department doubts Rs 10 lakh gift - brother gets tax notice for cash received from sisters; how he appealed & won the case

A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax ...
The Financial Express

Income Tax dept withdraws Rs 8,500-crore transfer pricing case against Vodafone

The case goes back to the sale of Vodafone India’s Ahmedabad-based call centre business, 3 Global Services, to Hutchison Whampoa Properties (India) during the financial year 2008.