One House Sold… Two Houses Bought! Will Section 54 Still Save Your Tax?

Section 68 Cannot Be Invoked Mechanically: Gujarat High Court Says One-to-One Matching of Bank Credits with Sales Is Not Mandatory

Online Rummy Loss Cannot Be Taxed as Gross Winnings: Hyderabad ITAT Deletes ₹3.54 Crore Addition

No Form 10B? ITAT Delhi Clarifies: Charitable Trust Cannot Be Taxed on Gross Receipts Alone

CBDT Tightens Scrutiny of Unexplained Income Additions: Fresh Directions Issued on Sections 68 to 69D and Section 115BBE

CBDT Mandates Upload of Foreign Assets and Income Data in AIS and Form 26AS Under AEOI

Assessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before CIT(A)

Has the Tax Shine Gone Off Sovereign Gold Bonds?

Even a 2-Day Delay Can Kill a Reassessment: Delhi High Court Draws a Strict Line on Section 148 Timelines

Is Delay the End of a Tax Case? ITAT Says Justice Must Prevail Over Technicalities

Don’t Let Form 16 Decide Your Tax Liability!

Bank Refused to Sign CHG-1? ROC Says That’s No Excuse – Company and Directors Penalized ₹6.5 Lakh

CBDT Brings Relief for Charitable Trusts: Delay in Filing Form 10AB Condoned for 80G Renewal

Related Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case

Related Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case

Silent Correction or Legislative Clarification? The Curious Case of “Person” vs “Persons” in the New Income Tax Act, 2025

Can Section 69C Be Invoked Merely Because Purchases Are Alleged to Be Bogus?

Assessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before CIT(A)