Excel Sheet Entry Alone Cannot Justify Addition under Section 69A: Delhi ITAT In the age of digital accounting, an Excel spreadsheet can contain hundreds of rows, thousands of figures and an entire history of transactions. But can a figure appearing in an Excel sheet, particularly one recovered from a third party, automatically become “unexplained money”…

Agricultural Income from Nursery: Delhi ITAT Reaffirms Exemption and the Principle of Consistency     Agricultural income enjoys a special position under the Income-tax Act, 1961. While Section 10(1) provides exemption in respect of agricultural income, the real controversy often lies in determining whether a particular receipt actually qualifies as “agricultural income” under Section 2(1A)….

Request for Extension of Due Dates for Filing Annual E- Forms under the Companies Act, 2013 till 31.12.2026 without Levy of Additional Fees.    

Faceless Reassessment Gets a Major Boost: Andhra Pradesh High Court Strikes Down Section 147A of the Income Tax Act, 1961 as Unconstitutional     A Landmark Judgment on Jurisdiction of Assessing Officers, Retrospective Amendments, and the Constitutional Validity of Section 147A Andhra Pradesh High Court Strikes Down Section 147A: Landmark Judgment on Faceless Income Tax…

Section 147A Declared Unconstitutional! Andhra Pradesh High Court Delivers a Landmark Verdict in the FAO–JAO Controversy Can Parliament retrospectively validate reassessment notices without curing the legal defect? A detailed analysis of the judgment dated 12 October 2026 Section 147A Unconstitutional: Andhra Pradesh High Court Judgment on FAO vs JAO Controversy Meta Description: The Andhra Pradesh…