ITR-BN: The New Return Form for Block Assessments

ITR Deadline 31 August 2026: Points to remember-

Anonymous Donations Cannot Be Treated as Unexplained Cash Credits Merely Because Donor Identity Is Unknown: ITAT

CIT(E) Must Specify the Exact “Specified Violation” Before Cancelling Trust Registration: ITAT Mumbai

Section 80P Deduction Can Be Claimed During Assessment Proceedings Even If Not Claimed in ITR: ITAT

Section 50C Cannot Reduce Section 54F Exemption: ITAT Chennai

Can a CA Claim Section 44ADA on Remuneration Received as a Working Partner? ITAT Delhi Says Yes

Section 43CA Cannot Be Applied to Land Sale Agreed Before Its Introduction: ITAT Jaipur

Section 54F Exemption Allowed on Property Purchased from Husband: ITAT Mumbai Says Genuine Tax Planning Is Not Tax Evasion

Section 264 Cannot Be Used to Revive a Missed Tax Claim After Revision Deadline

Section 69A Addition Cannot Be Sustained Without Proving Ownership of Unexplained Money: ITAT Jaipur

Failure to Initiate Section 270A Penalty Cannot Alone Justify Section 263 Revision: ITAT Ahmedabad

Nephew Gifts ₹1.65 Crore Property to Uncle: Tax-Free Gift or Tax Trouble?

Delayed Form 10B Filing Cannot Deny Trust Exemption if Filed Before Processing: ITAT Bangalore

Section 50C Addition Cannot Survive When AO Fails to Refer Valuation Dispute to DVO: ITAT

TDR Received Against Surrender of Land Is Taxable as Capital Gains: ITAT Bangalore

TDS Deducted but Not Deposited by Employer: Bombay High Court Protects the Deductee

Once an Inquiry Under Section 148A(a) Is Approved, the Assessing Officer Cannot Skip It: Chhattisgarh High Court Quashes Reassessment