Section 263 Revision Invalid If AO Has Conducted Enquiry: ITAT Reaffirms “Two Views Possible” Principle   Revisionary powers under Section 263 of the Income-tax Act are often invoked by the department to revisit completed assessments. However, a consistent judicial principle continues to act as a safeguard for taxpayers—revision cannot be used merely because the Principal…

Are Email & Video Call Services “Rendered in India”? Bombay High Court Says – No   In today’s digital economy, services routinely flow across borders without any physical movement of people. This raises a crucial tax question-does virtual delivery of services amount to “rendering services in India”? The Bombay High Court has now provided a…

Bogus Purchases: 100% Addition or Only Profit Element? Supreme Court Settles the Law   In one of the most significant rulings on bogus purchase cases, the Gujarat High Court—now affirmed by the Supreme Court through dismissal of SLP dated 17.04.2026-has conclusively settled a long-standing controversy  – Can the entire amount of alleged bogus purchases be…

Reassessment Quashed: Gujarat High Court Slams Use of WhatsApp Data & Undated Complaint Without Proof.   In a powerful judgment reinforcing taxpayer protection against arbitrary reopening, the Gujarat High Court has held that reassessment proceedings cannot be sustained on the basis of vague, third-party digital material and unverified allegations. The ruling in Dhruv Vijaykumar Trivedi v. DCIT (Special…

ITR Forms AY 2026–27: 8 Big Changes Every Taxpayer Must Know Before Filing Returns   The Income Tax Return (ITR) forms for FY 2025–26 (AY 2026–27) bring a series of structural and disclosure-based changes that reflect the tax department’s growing focus on data transparency, cross-verification, and AI-driven scrutiny. While many taxpayers assume ITR forms remain largely…