Month: July 2026

Recent Posts

• Bank Refused to Sign CHG-1? ROC Says That’s No Excuse – Company and Directors Penalized ₹6.5 Lakh
• CBDT Brings Relief for Charitable Trusts: Delay in Filing Form 10AB Condoned for 80G Renewal
• Related Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case
• Related Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case
• Silent Correction or Legislative Clarification? The Curious Case of “Person” vs “Persons” in the New Income Tax Act, 2025
• Can Section 69C Be Invoked Merely Because Purchases Are Alleged to Be Bogus?
• Assessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before CIT(A)
• Can Penalty for Concealment Survive If Income Declared in Return Filed Under Section 148 Is Accepted? ITAT Chennai Says No
• Income Tax Act, 2025 Replaces “May” with “Shall”: Has the Assessing Officer Lost His Discretion?
• Has the Income-tax Act, 2025 Changed the Law on Capital Gains Exemption for Depreciable Assets?