Penalty for Foreign Asset Disclosure Cannot Be Imposed for Mere Technical Lapse: Bombay HC

Your income may be tax-free up to ₹12 lakh-but your cash flow still isn’t

Reassessment Quashed for Mechanical Approval: ITAT Rajkot Reinforces Safeguards Under Section 151

Section 143(1) Adjustments vs. Debatable Issues: ITAT Draws a Clear Line in PF/ESI Disallowance Case

Section 148 Reopening Quashed: Gujarat High Court Insists on “Live Link” Between Evidence and Income Escapement

Section 54 Relief in Under-Construction Flats: ITAT Mumbai Prioritizes Possession Date Over Registration

Section 148 Notice Time-Barred Beyond 10 Years: Gujarat High Court Clarifies Search-Year Inclusion Rule | Key Ruling in Purvibhavin Shah vs ITO

Section 263 Revision Invalid If AO Has Conducted Enquiry: ITAT Reaffirms “Two Views Possible” Principle

Are Email & Video Call Services “Rendered in India”? Bombay High Court Says – No

Bogus Purchases: 100% Addition or Only Profit Element? Supreme Court Settles the Law

Reassessment Quashed: Gujarat High Court Slams Use of WhatsApp Data & Undated Complaint Without Proof

ITR Forms AY 2026–27: 8 Big Changes Every Taxpayer Must Know Before Filing Returns

Late Fee for Tax Audit Report as introduced by the Finance Act 2026: Will It Apply to FY 2025–26 or FY 2026–27 onwards

Section 153C Proceedings Quashed: ITAT Pune Rules Separate Satisfaction for Each Year is Mandatory

WhatsApp Chats & SMS as Evidence in Tax Search? ITAT Delhi Draws a Clear Line

Cases where returned income exceeds ₹15 lakh must be handled by the ACIT or higher authorities Not doing so would render Assessment void ab-initio

Cross Examination in Income Tax Assessment: Your Strongest Weapon Against Wrong Additions

Paying Rent to Spouses or Parents? HRA Claims Under Scanner