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Direct Tax Cases Monthly Round Up: May 2024

Supreme CourtInterest-Free/Concessional Loans To Bank Employees Taxable As Perquisite : Supreme Court Upholds Rule 3(7)(I) Of Income Tax RulesCase Name- All India Bank Officers Confederation Vs The.

Reason To Believe U/S 148A(C) Income Tax Act Amended To Info Which Suggests ; Thorough Consideration Of Assessee s Reply Not Necessary: Allahabad HC

The Allahabad High Court has held that a pointwise consideration of objections that may be raised by an assessee in response to a notice issued to him under Section 148 A(b) is not necessary while.

Another prosecution witness in Asaram case attacked in court

The attack comes exactly a month after a key witness in a case, in which two sisters from Surat had accused Asaram and his son Narayan Sai of rape, was shot dead in Uttar Pradesh's Muzaffarnagar district. Witness Rahul Sachan, one of the 'sewadars' of Asaram, was in the court premises with police security today

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