ITAT Deletes Penalty After Reducing Gross Profit Estimation: Mere Estimated Addition Cannot Automatically Lead to Penalty Under Income Tax Act

Cash Sale Consideration on Property Sale Not Hit by Section 269SS: Important ITAT Relief for Real Estate Transactions

ITAT Nagpur Gives Major Relief to Charitable Trusts: Wrong Clause Selection in Form 10AB Held Mere Technical Error

ITAT Nagpur Grants Relief to Charitable Trusts: Wrong Clause in Form 10AB Cannot Defeat Registration Under Section 12AB

CBDT Circular No. 4/2002 & TDS on Exempt Institutions: A Forgotten Relief Every Taxpayer and Deductor Must Understand

How Innocent Tax Mistakes Turn into Costly Litigation

VTPA requested CBDT for creation of a separate charge of Commissioner of Income-tax (Exemption) at Nagpur for Vidarbha region

VTPA made Representation to CBDT for suitable modification in Form 105

Calcutta High Court Grants Relief: 7-Day Delay Cannot Defeat Carry Forward of Losses

Unexplained Credit Relief? The Finance Act 2026 Gives with One Hand — Takes Away with the Other

I-T Department’s Mega Litigation Cleanup Drive: Relief for Taxpayers or Pressure Tactics?

Stay of Demand under the Income Tax Act: Why Even 20% Payment Is Not Mandatory in Genuine Cases

Paying Tax May Be Better Than Saving Tax

Bogus Purchase of Capital Assets? ITAT Delhi Deletes Addition-Investigation Wing Info Alone Not Enough

Rule 46A Relief: ITAT Mumbai Allows Additional Evidence Missed Due to SPAM Email | AIF Exemption Case Explained

Penny Stock Additions Deleted: ITAT Hyderabad Rules “No Evidence, No Tax” | Key Relief for Capital Gains Cases

Can a Charitable Trust File Form 121 If Income Is Below ₹3 Lakh? A Grey Area in TDS Law That Needs Clarity

103 CAs penalised. 85 debarred. Penalties up to ₹10 crore. A strong and consistent message to audit profession from NFRA since 2022.