Foreign Travel Under the New Income Tax Act, 2025: Is Form 156 Mandatory Before Every Overseas Trip?

Section 69A Addition Cannot Survive Without Proof of Ownership of Unaccounted Cash: Important Tribunal Ruling

ITAT Mumbai: Business Expenditure Cannot Be Disallowed Merely on Suspicion, Assumptions, or Surmises

ITAT Chandigarh Grants Major Relief Under Section 54: Old Construction Cost Cannot Be Rejected Merely for Lack of Old Bills

Has the Supreme Court Quietly Diluted the “Change of Opinion” Doctrine? A Critical Look at Sanand Properties Pvt. Ltd. vs. JCIT

Penalty Under Section 270A Invalid if AO Fails to Specify Exact Charge: Important ITAT Bangalore Ruling

Substance Over Form: ITAT Mumbai Reaffirms Appellate Powers to Entertain New Claims Without Revised Return

NRI Selling Property in India? Beware: TDS Rules Have Changed Under the New Income Tax Act, 2025

ITAT Indore Drops Penalty Under Section 271AAC: “When Quantum Fails, Penalty Cannot Survive”

How AI Is Quietly Changing Income Tax Assessments

AO Cannot Travel Beyond Limited Scrutiny Scope Without Approval: Tribunal Quashes Addition

Section 153C Proceedings Invalid if Satisfaction Note Recorded After 01.04.2021: Important Tribunal Ruling

Opening Balance of Unsecured Loans Cannot Be Taxed Under Section 68: Important ITAT Delhi Ruling

“Beneficial Provision Cannot Be Eclipsed by Procedural Formalism”: ITAT Chandigarh Grants Full Section 54 Relief Despite Joint Ownership

Undated “Reasons to Believe” and Mechanical Approval Under Section 151 Render Reassessment Invalid: Delhi ITAT Quashes Assessment

Delay of Just 13 Days in Filing Form 10-IC Could Have Cost ₹5 Crore – Bombay High Court Restores Section 115BAA Benefit

Demolition Is Not Transfer: ITAT Visakhapatnam Upholds Section 54F Exemption Despite Subsequent Demolition of Residential Property

ITAT Rajkot Delivers Landmark Ruling on Reassessment Beyond 3 Years: ₹50 Lakh Threshold Under Section 149 Cannot Be Artificially Inflated