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Whether addition under Section 56(2)(x) for alleged understatement of consideration is justified where property is purchased from a State Government entity? The Assessee LLP engaged in renting and ...

Republicans say property taxes have gotten too high. Local governments are concerned the attempt to reduce them would harm their ability to provide important services. Against Gov. Ron DeSantis' ...

When did “home” become embedded in human consciousness? Is our sense of home instinctive? Are we denning animals or nest builders, or are we, at root, nomadic? For much of the earliest history of our ...

In this appeal, the NRI assessee challenged reopening u/s 147 & the addition of ₹2,00,00,000 u/s 69 on the allegation that investment in a residential property in India was unexplained. Assessee had ...