How AI is Helping the Income Tax Department Tackle Tax Evasion in India

Valuation Certification in Buy-Back by Private Companies: Chartered Accountant or Registered Valuer?

Loans or Cash Credits as Deemed Income under Section 68: A Practical Perspective

Whether charging abnormally high rate is an offence in India?

Bank Nomination Blues? Now You Can Say “We 4” Instead of “Me 1”!

Reassessment Notice Beyond “Surviving Period” Held Time-Barred: ITAT Chennai in Smt. L.N. Santhi’s Case

Relief Without the 20%: Karnataka HC’s Landmark Ruling on Stay of Demand Offers Practical Breather to Taxpayers

Un-utilized Input Tax Credit (ITC) remaining after payment of all tax, interest, and penalties must be refunded to the taxpayer upon closure of business: Sikkim High Court

Penalty U/s 122 of the CGST Act can be imposed even if no tax is ultimately found due under Section 74?

Receipts from outside India are outside the scope of Section 5(2) and do not fall within the ambit of Section 68 or 69A.

Section 56(2)(x) talks about immoveable property and so Purchase of Rural agricultural land below its stamp duty valuation is taxable

Property Planning at 70: A Will, A Co-owner, or A Tax Tangle?

TDS: Section-wise Short Summary for the FY 2025-26

Compliance Calendar for July’2025

One-Time ESOP Compensation: Capital Receipt or Taxable Perquisite?

Compensation received for unlawful possession of immovable property constitutes a capital receipt and is not subject to income tax.

Depreciation of amalgamating company shall not be disallowed for non filing of Form 62: Mumbai ITAT

Can a Hindu Undivided Family (HUF) Be Created After Marriage Without Children?