Whether exemption U/s 11 or 10(23C) can be denied during intimation U/s 143(1) solely for the reason that 10B or 10BB was filed belatedly, even though the forms were eventually furnished and were available with the AOr?

Both JAO and FAO have concurrent jurisdiction to initiate reassessment proceedings under section 148

Condonation of Delay under Section 119(2)(b) – CBDT Circular Cannot Override Substantive Right to Refund: HC

Taxation of Joint Development Agreements (JDAs) in the Context of the New Income Tax Act, 2025:

Madras High Court Quashes Reassessment as Time-Barred and Without Jurisdiction:

How Nagpur’s Tax Drive Signals a Nationwide Shift in Transparency

Understanding Tax Exemption and TDS Issues on Land Acquisition Compensation

Regulatory Exposure of High-Net-Worth Families under the Black Money Law:

MSME Lifeline – New Credit Scheme to Counter 50% US Tariffs

Bombay High Court Rules Assessee Cannot Be Penalized for Chartered Accountant’s Belated Advice in Tax Filing

How Every Citizen Became a Tax Collector

TAX COMPLIANCE TRACKER – NOVEMBER, 2025

Trading and Support Go Hand-in-Hand: ITAT Rules in Favour of Juniper India: Transfer Pricing dispute

Final Assessment Order Barred by Limitation: Karnataka HC Dismisses Revenue’s Appeal in Yokogawa India Case

Chennai ITAT Sends TP Adjustment Back to TPO Over BPO and IT Services to AEs

Faceless Assessment Set Aside by Bom HC – Reliance on Non-Existent Case Laws and Ignoring Reply Violates Natural Justice:

No TP Adjustment on Brand Royalty: ITAT Follows Precedent in Vodafone Case

Key Restrictions on Cash Transactions under the Income-tax Act, 1961