Income TaxEven a 2-Day Delay Can Kill a Reassessment: Delhi High Court Draws a Strict Line on Section 148 Timelines2 days agoEven a 2-Day Delay Can Kill a Reassessment: Delhi High Court Draws a Strict Line on Section 148 Timelines …
Income TaxIs Delay the End of a Tax Case? ITAT Says Justice Must Prevail Over Technicalities2 days agoIs Delay the End of a Tax Case? ITAT Says Justice Must Prevail Over Technicalities Tribunal Condones Delay…
Income TaxDon’t Let Form 16 Decide Your Tax Liability!4 days agoDon’t Let Form 16 Decide Your Tax Liability! July is not just another month on the calendar. For…
Income TaxBank Refused to Sign CHG-1? ROC Says That’s No Excuse – Company and Directors Penalized ₹6.5 Lakh6 days agoBank Refused to Sign CHG-1? ROC Says That’s No Excuse – Company and Directors Penalized ₹6.5 Lakh Vehicle…
Income TaxCBDT Brings Relief for Charitable Trusts: Delay in Filing Form 10AB Condoned for 80G Renewal6 days agoCBDT Brings Relief for Charitable Trusts: Delay in Filing Form 10AB Condoned for 80G Renewal A Timely Relief for Genuine…
Income TaxRelated Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case1 week agoRelated Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case In corporate governance, documentation…
Income TaxRelated Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case1 week agoRelated Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case ROC Imposes…
Income TaxSilent Correction or Legislative Clarification? The Curious Case of “Person” vs “Persons” in the New Income Tax Act, 20251 week agoSilent Correction or Legislative Clarification? The Curious Case of “Person” vs “Persons” in the New Income Tax Act, 2025 …
Income TaxCan Section 69C Be Invoked Merely Because Purchases Are Alleged to Be Bogus?1 week agoCan Section 69C Be Invoked Merely Because Purchases Are Alleged to Be Bogus? The Often-Ignored Difference Between a…
Income TaxAssessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before CIT(A)1 week agoAssessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before…
Income TaxCan Penalty for Concealment Survive If Income Declared in Return Filed Under Section 148 Is Accepted? ITAT Chennai Says No1 week agoCan Penalty for Concealment Survive If Income Declared in Return Filed Under Section 148 Is Accepted? ITAT Chennai Says No…
Income TaxIncome Tax Act, 2025 Replaces “May” with “Shall”: Has the Assessing Officer Lost His Discretion?1 week agoIncome Tax Act, 2025 Replaces “May” with “Shall”: Has the Assessing Officer Lost His Discretion? A Three-Letter Change That Could…
Income TaxHas the Income-tax Act, 2025 Changed the Law on Capital Gains Exemption for Depreciable Assets?1 week agoHas the Income-tax Act, 2025 Changed the Law on Capital Gains Exemption for Depreciable Assets? One of the most…
Income TaxAppeal Is Not a Mere Formality: ITAT Mumbai Reminds Authorities to Determine the Correct Tax Liability1 week agoAppeal Is Not a Mere Formality: ITAT Mumbai Reminds Authorities to Determine the Correct Tax Liability Technical Rejection…
Income TaxCan the Income Tax Department Tax You for a Transaction That Never Happened? ITAT Says No2 weeks agoCan the Income Tax Department Tax You for a Transaction That Never Happened? ITAT Says No Assessee Cannot Be…
Income TaxThe New Capital Gain Formula: More Choice, More Confusion2 weeks agoThe New Capital Gain Formula: More Choice, More Confusion [Query 1] I have read in your earlier column regarding…
Income TaxSection 115BBE Controversy Nearing Closure: Rajasthan High Court Joins the Taxpayer Camp2 weeks agoSection 115BBE Controversy Nearing Closure: Rajasthan High Court Joins the Taxpayer Camp Enhanced 60% Tax Rate Cannot Be Applied…
Income TaxITAT Delhi Clarifies: Once Form 10-IE Is Filed, New Tax Regime Option Continues Unless Withdrawn2 weeks agoITAT Delhi Clarifies: Once Form 10-IE Is Filed, New Tax Regime Option Continues Unless Withdrawn Relief for Taxpayers Opting…