WhatsApp Chat Alone Cannot Prove ₹24.21 Crore On-Money: ITAT Ahmedabad Deletes Addition
WhatsApp Chat Alone Cannot Prove ₹24.21 Crore On-Money: ITAT Ahmedabad Deletes Addition ACIT v. Ashokkumar Babulal Bambharoliya |…
Month: October 2026
Section 54: Does Joint Ownership With Wife Reduce Capital Gains Exemption by 50%?
Section 54: Does Joint Ownership With Wife Reduce Capital Gains Exemption by 50%?. ITAT Mumbai | M/s. Mohd Amin…
Section 74 Cannot Be Invoked by Merely Using the Words “Fraud” or “Suppression”: Supreme Court Lays Down Important Safeguards
Section 74 Cannot Be Invoked by Merely Using the Words “Fraud” or “Suppression”: Supreme Court Lays Down Important Safeguards …
Section 16(5): A Second Chance for Old GST Input Tax Credit Claims
Section 16(5): A Second Chance for Old GST Input Tax Credit Claims GST | Input Tax Credit |…
Electricity Subsidy Taxable? Supreme Court Reiterates the “Purpose Test”
Electricity Subsidy Taxable? Supreme Court Reiterates the “Purpose Test” When a subsidy reduces the cost of running a…
Can a CBDT Circular Override the Income Tax Act? Supreme Court Gives an Important Reminder
Can a CBDT Circular Override the Income Tax Act? Supreme Court Gives an Important Reminder A circular may…
Builder’s Cash Receipts: When Can Unexplained On-Money Be Taxed Under Section 69A?
Builder’s Cash Receipts: When Can Unexplained On-Money Be Taxed Under Section 69A? ITAT Mumbai | M/s Madhu Developers…
Telangana HC Sets Aside GAAR on ₹49 Crore Bonus-Stripping Loss: On-Market Share Trades Are Not an “Arrangement”
Telangana HC Sets Aside GAAR on ₹49 Crore Bonus-Stripping Loss: On-Market Share Trades Are Not an “Arrangement” Can…
Doctor’s Entire Gross Professional Receipts Cannot Be Taxed as Net Income Merely Because Return Was Not Filed: ITAT Chennai
Doctor’s Entire Gross Professional Receipts Cannot Be Taxed as Net Income Merely Because Return Was Not Filed: ITAT Chennai …
GST Interest on Retrospective Price Escalation: Can Additional Consideration for Earlier Supplies Attract Interest?
GST Interest on Retrospective Price Escalation: Can Additional Consideration for Earlier Supplies Attract Interest?. GST Interest | Section…
₹1.97 Crore in a Minor’s Name, Already Clubbed With Father: Madras High Court Quashes Reassessment Against Minor
₹1.97 Crore in a Minor’s Name, Already Clubbed With Father: Madras High Court Quashes Reassessment Against Minor Section…
Delay in Filing Form 10B: Can a Charitable Trust Still Claim Exemption under Section 11?
Delay in Filing Form 10B: Can a Charitable Trust Still Claim Exemption under Section 11? For charitable trusts, educational institutions…
6 GOLDEN RULES OF TAX PLANNING – Tax Planning Has Changed – Has Your Strategy Changed?
6 GOLDEN RULES OF TAX PLANNING – Tax Planning Has Changed – Has Your Strategy Changed? “The right…
Destruction of Source of Income: Supreme Court Clarifies When Compensation Becomes a Capital Receipt
Destruction of Source of Income: Supreme Court Clarifies When Compensation Becomes a Capital Receipt Karamchand Thapar & Bros.…
Diversion of Income by Overriding Title: When Income Never Becomes the Assessee’s Income
Diversion of Income by Overriding Title: When Income Never Becomes the Assessee’s Income Supreme Court Explains the Difference Between “Diversion…
Bombay High Court: Income Tax Department Cannot Take a Contrary Stand After Consistently Accepting the Same Position
Bombay High Court: Income Tax Department Cannot Take a Contrary Stand After Consistently Accepting the Same Position Doctrine…
Income Tax Department Cannot Recover Pre-Resolution Tax Dues After NCLT Approval of IBC Plan: Gauhati High Court
Income Tax Department Cannot Recover Pre-Resolution Tax Dues After NCLT Approval of IBC Plan: Gauhati High Court Meghalaya…
Himachal Pradesh High Court Quashes ₹117.94 Crore GST Recovery Notice Against Morepen Laboratories: Omitted Rule Cannot Sustain Tax Proceedings Without Saving Provision
Himachal Pradesh High Court Quashes ₹117.94 Crore GST Recovery Notice Against Morepen Laboratories: Omitted Rule Cannot Sustain Tax Proceedings Without…
