₹1.97 Crore in a Minor’s Name, But Taxed in Father’s Hands: Madras High Court Quashes Reassessment Against Minor     Liya Acharya (Minor) v. Union of India | W.P. No. 32492 of 2026 | Madras High Court | Order dated 29 September 2026 SEO Title: Madras High Court Quashes Reassessment Against Minor Where Income Was…

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…