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…
Income Tax
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.…
Income Tax Demand Recovery: Can the AO Attach Your Bank Account While Your Appeal Is Pending?
Income Tax Demand Recovery: Can the AO Attach Your Bank Account While Your Appeal Is Pending? Yes –…
Updated ITR: Can CPC Charge Section 234B Interest Beyond the Date of Tax Payment?
Updated ITR: Can CPC Charge Section 234B Interest Beyond the Date of Tax Payment? Ahmedabad ITAT Says Interest Under…
Section 69C Cannot Apply When Source of Payment Is Known
Section 69C Cannot Apply When Source of Payment Is Known ITAT Hyderabad Says Failure to Explain Purpose or Destination…
₹11.22 Crore Addition and 500 Trees: An Unusual Second Chance by ITAT Chandigarh
₹11.22 Crore Addition and 500 Trees: An Unusual Second Chance by ITAT Chandigarh Tribunal Gives One Final Opportunity-But Links…
Interest on Land Acquisition Compensation: Can It Be Taxed Separately?
Interest on Land Acquisition Compensation: Can It Be Taxed Separately? ITAT Says Interest Under Section 28 of the Land…
Section 80GGC: A Bank Payment Is Not Always Enough-But a General Allegation Is Not Enough Either
Section 80GGC: A Bank Payment Is Not Always Enough-But a General Allegation Is Not Enough Either Political donations…
New Income-tax Act, 2025: Can JCIT(A) Set Aside an Assessment? A Small Drafting Change May Create a Big Litigation Issue
New Income-tax Act, 2025: Can JCIT(A) Set Aside an Assessment? A Small Drafting Change May Create a Big Litigation Issue…
CIT(A) Cannot Tell AO to Reopen Another Assessment Year
CIT(A) Cannot Tell AO to Reopen Another Assessment Year Rajkot ITAT Holds Reassessment Void Ab Initio Where Reopening…
DVO Valuation and 10% Tolerance Band: Can the Income Tax Department Tax a Difference in Property Value after DVO report?
DVO Valuation and 10% Tolerance Band: Can the Income Tax Department Tax a Difference in Property Value after DVO report?…
Section 87A Rebate on STCG under Section 111A – Ready-to-Use Application before the Assessing Officer
Section 87A Rebate on STCG under Section 111A – Ready-to-Use Application before the Assessing Officer [A Practical Draft for…
When CPC Says “NO” to Rebate under Section 87A – Nagpur ITAT Says, Yes!
When CPC Says “NO” to Rebate under Section 87A – Nagpur ITAT Says, Yes! A significant ruling on Section…
Forgotten Foreign Bank Account? ₹ 5 Lakh Shares? A New Tax Window Has Opened!
Forgotten Foreign Bank Account? ₹ 5 Lakh Shares? A New Tax Window Has Opened! A former student who…
Belated Form 10B Cannot Defeat Charitable Exemption Under Section 11
Belated Form 10B Cannot Defeat Charitable Exemption Under Section 11 ITAT Holds That Audit Report Filing Is Procedural…
