PENNY STOCK LTCG CASES: THE EVOLUTION OF TAX LAW AND THE JUDICIAL REBUILDING OF SECTION 68 PRINCIPLES

GP Estimation Rejected: Kanak Impex Becomes the Benchmark for Section 69C Cases

Condonation of Delay in Trust Registration & 80G Renewal: What Trust need to know

Tax Compliance Made Easier: Capital Gains Accounts Now Digital

When Scholarships Become Business Expenditure: What Harish Salve’s Case Teaches About Modern Brand-Building Under Income Tax Law

Can New Grounds Be Taken before ITAT without it being there before CIT (Appeal)?

Can a Partner Claim Expenses Against Remuneration? Delhi ITAT Gives a Landmark Clarification

Your ITR vs Your Data: Why Many Taxpayers Got 143(2) Scrutiny Notices This Year

FALSE HRA CLAIMS UNDER SCRUTINY OF INCOME TAX DEPARTMENT

Can ITC Be Availed on Imports Made Through Courier?

ITC cannot be rejected merely on the ground that the supplier’s GST registration was cancelled with retrospective effect.

Non-disclosure of required details in audit report: ROC penalized auditor

CA issuance of Form No. 15CB under the Income-Tax Act does not amount to abetment of money laundering.

Penny Stock Addition: Genuineness must be tested on human probabilities and surrounding circumstances, not mere documentation- ITAT Ahemedabad

Reassessment Notices Issued in the Name of a Deceased Person is invalid

Validity of addition on Account of Deemed Rent in respect of unsold Flats Held as Stock-in-Trade

No addition permissible on the basis of WhatsApp chats or screenshots as it lack evidentiary value without section 65B certification and corroboration: ITAT

Addition under section 68 was unjustified as the creditworthiness and genuineness could not be re-examined for a loan already accepted in prior years: ITAT