Unsold Flats Cannot Be Taxed on Notional Rent Before They Become Legally Occupiable
Unsold Flats Cannot Be Taxed on Notional Rent Before They Become Legally Occupiable Bombay High Court upholds relief…
Income Tax
Bombay High Court: Taxpayer Can Seek Waiver of Section 270A Penalty Even After an Earlier Application Was Rejected
Bombay High Court: Taxpayer Can Seek Waiver of Section 270A Penalty Even After an Earlier Application Was Rejected Finance…
Section 147A of Income-tax Act Under Supreme Court Scanner: Can Retrospective Amendment Validate Invalid Reassessment Notices?
Section 147A of Income-tax Act Under Supreme Court Scanner: Can Retrospective Amendment Validate Invalid Reassessment Notices? Introduction Can…
SaaS Subscription Fee Is Not “Royalty” Merely Because Technology Does the Work
SaaS Subscription Fee Is Not “Royalty” Merely Because Technology Does the Work ITAT Mumbai holds that access to a…
Pleading Benami Can Cost You the Property: Supreme Court’s Important Ruling in Manjula v. D.A. Srinivas
Pleading Benami Can Cost You the Property: Supreme Court’s Important Ruling in Manjula v. D.A. Srinivas When both the alleged…
Section 54F Not Claimed in the Return? ITAT Says a Fresh Claim Can Still Be Considered
Section 54F Not Claimed in the Return? ITAT Says a Fresh Claim Can Still Be Considered Kiran Kumar Grandhe…
Inherited Property: A Gift of Wealth or a Bundle of Tax Questions?
Inherited Property: A Gift of Wealth or a Bundle of Tax Questions? There are some things in life…
TAX COMPLIANCE TRACKER – OCTOBER, 2026
Tax Compliance Tracker – October, 2026 1. Compliance requirement under Income Tax act, 1961 Sl. Compliance Particulars Due…
Tax Audit & ITR Due Dates Extended: CBDT Gives 21-Day Relief for AY 2026–27
Tax Audit & ITR Due Dates Extended: CBDT Gives 21-Day Relief for AY 2026–27 A welcome extension, but…
Gold, Gold Everywhere—But What Happens to Your Tax When You Exchange It?
Gold, Gold Everywhere—But What Happens to Your Tax When You Exchange It? In India, gold is not merely a…
Section 54F: Buying a House from Your Spouse Can Still Qualify for Exemption
Section 54F: Buying a House from Your Spouse Can Still Qualify for Exemption Mumbai ITAT says a genuine, fully…
“The issue is not merely of convenience but of audit quality” – Representation for Early Extension of the Tax Audit Report filing Due Date Extension by THE TAX TALK
“The issue is not merely of convenience but of audit quality” – Representation for Early Extension of the Tax Audit…
Section 147A: Supreme Court Steps In — What Does It Mean for Reassessment Proceedings?
Section 147A: Supreme Court Steps In — What Does It Mean for Reassessment Proceedings? The controversy surrounding the…
Section 277: When a False Tax Statement Becomes a Criminal Offence
Section 277: When a False Tax Statement Becomes a Criminal Offence False verification, mens rea, prosecution, compounding – and the…
CBDT Removes Arrest & Detention from Tax Recovery Rules; Extends Registration Deadline for Valuers
CBDT Removes Arrest & Detention from Tax Recovery Rules; Extends Registration Deadline for Valuers The TAX Update The Central…
Representation for extension of the specified date for furnishing Tax Audit Reports u/s 44AB and other audit reports for AY 2026-27 from 30 September 2026 to 31 October 2026, and of the return due date in audit cases from 31 October 2026 to 30 November 2026
Representation for extension of the specified date for furnishing Tax Audit Reports u/s 44AB and other audit reports for AY…
Section 147A: Supreme Court Stays Ruling Striking It Down – Reassessment Proceedings Also Frozen
Section 147A: Supreme Court Stays Ruling Striking It Down – Reassessment Proceedings Also Frozen The controversy surrounding Section 147A…
Capital Gains: One Rate, Many Rules!
Capital Gains: One Rate, Many Rules! “What is the capital gains tax rate?” It sounds like a simple question.…
