Application for Condonation of Delay under Section 119(2)(b) filed beyond a period of 3 years in terms of Circular No. 16 of 2024 issued by CBDT & Recent HC Ruling

Stay of Demand and the 20% Recovery Rule: CBDT Instructions and Judicial Reinforcement by the Bombay High Court

20% Pre-Deposit for Stay of Demand Is NOT Mandatory: Delhi High Court Corrects a Common and Costly Misconception

Breach of Mandatory Time Limits of Seven Days u/s 148A(b) and Three Months u/s 148 Invalidates Reassessment: ITAT

Can a Partner Claim Presumptive Taxation under Section 44ADA? ITAT Delhi Settles a Long-Running Controversy

PF & ESI Late Deposit: Supreme Court Steps In – Big Relief Possible for Taxpayers

Appointment of Independent Director Beyond Permissible Tenure: ROC Mumbai Imposes Personal Penalty on Company Secretary

Capital Gains on Transfer of Leasehold Rights: Section 50C Applies Even Without Absolute Ownership

Partial partition amount to a “transfer” under Income Tax law?

Budget Expectations 2026: Between Hope, Hype and Hard Reality

Gujarat High Court Clarifies the Law on Reassessment vs Search Assessments: Section 147 Cannot Bypass Section 153C

Limited Scrutiny Means Limited Powers: ITAT Delhi Quashes Section 263 Revision in Harun Ali vs Pr. CIT

No Addition under Section 69A on Repayment of Loan Already Accepted as Genuine: Key Ruling of ITAT Delhi

Income-tax Act, 2025: Why the Change May Be More in Perception Than in Policy

Income-tax Act, 2025 and Unexplained Income: Old Sections 68 to 69D vs New Law – Change in Substance or Just Structure?

AI Based unverified Submission – Bombay High court imposes costs – A wake-up call for professionals

The Dangerous Habit of Ignoring Income Tax Emails and SMS – And How It Quietly Backfires

Capital Gain Exemption under Section 54 Available Even When New House Is Purchased with Housing Loan – ITAT Kolkata in Amit Parekh Case