Cases where returned income exceeds ₹15 lakh must be handled by the ACIT or higher authorities Not doing so would render Assessment void ab-initio

Cross Examination in Income Tax Assessment: Your Strongest Weapon Against Wrong Additions

Paying Rent to Spouses or Parents? HRA Claims Under Scanner

Think Before You Click Submit: ITR Forms Get Smarter

Beneficial Circulars Cannot Be Restricted by Year: Delhi High Court Expands Relief of CBDT Circular for charitable Trusts

silence Does Not Mean Ignorance: Telangana High Court Quashes Reopening

Presumptive Tax Filers Must Disclose Investments In ITR-4 Sugam

TDS Credit Cannot Be Denied for 26AS Mismatch: ITAT Hyderabad Sets the Record Straight

Bogus Purchases: Only Profit Element Taxable, Not Entire Purchase – Bombay High Court

DTAA Compliance Gets Stricter: Form 10F Now Mandatory for All Treaty Claims

Reassessment Fails Without 143(2): Delayed Return in response to notice under section 148 Cannot Be Ignored

Section 69A Cannot Be Invoked on Explained Cash Re-Deposits: ITAT Clarifies Law

No Tax on Old Deal done prior to enactment of law: ITAT Rules Section 56(2)(x) Cannot Apply Retrospectively

Virtual Presence Is Not Physical Presence: Bombay High Court Draws a Clear Boundary

Foreign assets disclosure scheme 2026

No Cross-Examination, No Case: ITAT Mumbai Strikes Down Additions Based on Third-Party Statements

Penalty on Surrendered Income During Survey: Is It Legally Sustainable?

Changes in ITR-1 (Sahaj) Form for AY 2026-27: Bigger Scope, Tighter Compliance