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Recent Posts
- Audit Objection Alone Cannot Justify Reopening Beyond Three Years: Sikkim High Court
- NO INCOME, YET TAXABLE! When the Income-tax Law Taxes you on amounts you never earned
- Section 43B: Unpaid Service Tax Cannot Be Disallowed When No Deduction Was Claimed
- Section 50C: ITAT Mumbai Says AO Cannot Ignore a Pending DVO Reference
- Unsold Flats Are Not Tax-Free! Mumbai ITAT Explains Notional Rent, Municipal Value and Section 43CA Relief
- WhatsApp Chat Alone Cannot Prove ₹24.21 Crore On-Money: ITAT Ahmedabad Deletes Addition
- Section 54: Does Joint Ownership With Wife Reduce Capital Gains Exemption by 50%?
- Section 74 Cannot Be Invoked by Merely Using the Words “Fraud” or “Suppression”: Supreme Court Lays Down Important Safeguards
- Section 16(5): A Second Chance for Old GST Input Tax Credit Claims
- Electricity Subsidy Taxable? Supreme Court Reiterates the “Purpose Test”