Delayed Form 10B Filing Cannot Deny Trust Exemption if Filed Before Processing: ITAT Bangalore
Delayed Form 10B Filing Cannot Deny Trust Exemption if Filed Before Processing: ITAT Bangalore Filing the correct audit…
Month: August 2026
Section 50C Addition Cannot Survive When AO Fails to Refer Valuation Dispute to DVO: ITAT
Section 50C Addition Cannot Survive When AO Fails to Refer Valuation Dispute to DVO: ITAT Assessee disputed stamp duty…
TDR Received Against Surrender of Land Is Taxable as Capital Gains: ITAT Bangalore
TDR Received Against Surrender of Land Is Taxable as Capital Gains: ITAT Bangalore When land is surrendered in…
TDS Deducted but Not Deposited by Employer: Bombay High Court Protects the Deductee
TDS Deducted but Not Deposited by Employer: Bombay High Court Protects the Deductee Once deduction of tax at…
Once an Inquiry Under Section 148A(a) Is Approved, the Assessing Officer Cannot Skip It: Chhattisgarh High Court Quashes Reassessment
Once an Inquiry Under Section 148A(a) Is Approved, the Assessing Officer Cannot Skip It: Chhattisgarh High Court Quashes Reassessment …
Can Penalty Under Section 271(1)(c) Be Levied on Estimated Bogus Purchase Additions? ITAT Says No
Can Penalty Under Section 271(1)(c) Be Levied on Estimated Bogus Purchase Additions? ITAT Says No Estimated Additions Cannot Automatically…
CBDT turns its attention to Form 15CB – and to the Accountants who sign it
CBDT turns its attention to Form 15CB – and to the Accountants who sign it On 18 August 2026,…
Rejected of application done under Section 119(2)(b) Application: Is It Appealable?
Rejected of application done under Section 119(2)(b) Application: Is It Appealable? What is the remedy when the Income Tax…
87A Rebate: When the Computer Said “No”, Nagpur ITAT Said “Yes”
87A Rebate: When the Computer Said “No”, Nagpur ITAT Said “Yes” Nagpur ITAT allows rebate on special-rate income for…
One House, Two Houses or Three? The Changing Tax Story of Home Ownership
One House, Two Houses or Three? The Changing Tax Story of Home Ownership Owning a house is an emotion.…
129 Days Late, But Not Too Late: Nagpur ITAT directed CIT (A) to decide the case on merits after providing an opportunity of hearing to the Assessee
129 Days Late, But Not Too Late: Nagpur ITAT directed CIT (A) to decide the case on merits after providing…
Income Tax Reassessment Notice Issued to a Dead Person: ITAT Nagpur Restores Case to CIT(A)
Income Tax Reassessment Notice Issued to a Dead Person: ITAT Nagpur Restores Case to CIT(A) What happens when the…
Section 153C Cannot Be Invoked After 1 April 2021 for an “Other Person” Merely Because the Search Was Conducted Earlier: ITAT Bangalore
Section 153C Cannot Be Invoked After 1 April 2021 for an “Other Person” Merely Because the Search Was Conducted Earlier:…
Is Surcharge Automatically Payable When Income Is Taxed at the Maximum Marginal Rate (MMR)? ITAT Mumbai Says No
Is Surcharge Automatically Payable When Income Is Taxed at the Maximum Marginal Rate (MMR)? ITAT Mumbai Says No Landmark…
Received Salary Arrears? Don’t Miss Section 89 Relief-It Could Save You Thousands in Income Tax
Received Salary Arrears? Don’t Miss Section 89 Relief-It Could Save You Thousands in Income Tax How Form 10E Can…
When 80P Meets Bank Interest: Nagpur ITAT Reaffirms the View on allowability of deduction of credit cooperative societies
When 80P Meets Bank Interest: Nagpur ITAT Reaffirms the View on allowability of deduction of credit cooperative societies …
When Tax Rules Surprise You – The Taxman Isn’t Always Asking for More!
When Tax Rules Surprise You – The Taxman Isn’t Always Asking for More! [Query 1] My income during the year…
Section 69 Addition Cannot Be Based on Mere Suspicion or ‘Human Probabilities’ Once the Source of Cash Is Proved: ITAT Chennai
Section 69 Addition Cannot Be Based on Mere Suspicion or ‘Human Probabilities’ Once the Source of Cash Is Proved: ITAT…
