AI Joins the Taxman: How the Income Tax Department is Using Artificial Intelligence to Catch Evasion

Bogus Purchases & Real Income: ITAT Ahmedabad’s Ruling on Leela Greenship Recycling Pvt. Ltd.

No addition towards Bogus Purchase if assessee has opted for presumptive taxation scheme under Section 44AD

Jewellers Under I-T Scanner for Inventory Valuation Trick: The LIFO Loophole

ITAT Mumbai Quashes Addition in Penny Stock Case: No Evidence, No Tax!

Mumbai ITAT Upholds Taxation of Covid Donation Funds Used for Personal Expenses by Assessee:

A simple checklist for Clause 34 of Tax Audit Report to be Considered by Auditors:

Madras High Court Rules: No Clubbing of GST Show Cause Notices for Multiple Financial Years

Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by CPC

UPI Under GST Lens: Traders Must Be Cautious, Not Fearful

Section 43CA Additions Quashed by ITAT Pune: A Victory Against Mechanical Reopening and Misapplication of Law

Foreign Mutual Funds Must Be Reported in ITR — Avoid ₹10 Lakh Penalty

Supreme Court Upholds Taxpayer’s Right to Reasoned Order in GST Detention Cases: A Landmark Ruling for Procedural Safeguards

Assessing Officer cannot rely solely on borrowed information without independent verification or a rational connection to income escapement.

Reassessment against dissolved Firm is void – ITAT Delhi Quashes ₹17 Crore Addition

Tax Refund Mafia: The AI That Never Sleeps [Part II]

Cash Deposits cannot be Doubted if Return Filed U/s 44AD

Strategic Overseas Ties and Corporate Structuring Fail to Shield Global Income: ITAT Declares assessee a Resident