President Donald Trump plans to impose 25% tariffs on all U.S. imports of steel and aluminum, broadening his trade ...

ITAT Bangalore held that reopening of assessment under section 148 after expiry of four years without failure on part of assessee to disclose fully and truly all material facts is invalid and hence ...

ITAT Jodhpur ruled in favor of the assessee, emphasizing that penalty proceedings are distinct from assessment proceedings. The tribunal noted that the mere disallowance of claims does not ...