No penalty under Section 272A(1)(d) when Assessment Completed u/s 143(3): ITAT Cochin

Reopening & Reassessment on the same grounds already examined under Section 147 is quashed by Delhi HC

Accepting Adatiya’s Business Proof – ITAT Jaipure deleted addition of Rs. 8.60 Cr

Patna HC cancelled Reassessment Initiated on False Premise

Don’t forget to do TDS while Buying Property from an NRI

Without income, when it would be mandatory to file income Tax Return?

A Short Overview of changes in new ITR-3 and ITR-5 forms for AY 2025-26:

Electronics Records can be admitted even without a certificate under section 65B of the Evidence Act

No withdrawal of exemption of charitable trust for payments to a related party so long as it is reasonable and for actual services: Delhi HC

Belated filing of Form 10IE for AY 2022–23 – Not a Barrier to Section 115BAC Claim in AY 2023–24

Income Tax Authorities are not bound by the rules of evidence & so Section 65B of the Evidence Act does not: Madras HC 

When a power is conferred to perform a particular function in a specified manner, it must be exercised only in that manner or not at all: Raipur ITAT

An overview of latest Amendment in Tax Audit Report in Form No. 3CD

Whether the Assessing Officer can enquire into those issues which were beyond the scope of limited scrutiny?

No Immunity from addition under Section 68 even if taxpayers opts for presumptive scheme of taxation under section 44AD

Whether ITC can be denied for incorrect GSTIN mentioned on the Invoice/GST Portal due to inadvertent error by supplier?

No direct evidence linked assessee to bogus LTCG: Nagpur ITAT deleted addition

Bombay HC Imposes Interest on Income Tax Officer for Refund Delay