Income TaxUnexplained Credit Relief? The Finance Act 2026 Gives with One Hand — Takes Away with the Other3 months agoUnexplained Credit Relief? The Finance Act 2026 Gives with One Hand — Takes Away with the Other At first glance,…
Income TaxI-T Department’s Mega Litigation Cleanup Drive: Relief for Taxpayers or Pressure Tactics?3 months agoI-T Department’s Mega Litigation Cleanup Drive: Relief for Taxpayers or Pressure Tactics? The Income Tax Department has now launched what…
Income TaxStay of Demand under the Income Tax Act: Why Even 20% Payment Is Not Mandatory in Genuine Cases3 months agoStay of Demand under the Income Tax Act: Why Even 20% Payment Is Not Mandatory in Genuine Cases Income…
Income TaxPaying Tax May Be Better Than Saving Tax4 months agoPaying Tax May Be Better Than Saving Tax [Query] I purchased a flat in Coimbatore in May-2015 for Rs 35…
Income TaxBogus Purchase of Capital Assets? ITAT Delhi Deletes Addition-Investigation Wing Info Alone Not Enough4 months agoBogus Purchase of Capital Assets? ITAT Delhi Deletes Addition-Investigation Wing Info Alone Not Enough In a significant ruling…
Income TaxRule 46A Relief: ITAT Mumbai Allows Additional Evidence Missed Due to SPAM Email | AIF Exemption Case Explained4 months agoRule 46A Relief: ITAT Mumbai Allows Additional Evidence Missed Due to SPAM Email | AIF Exemption Case Explained In a…
Income TaxPenny Stock Additions Deleted: ITAT Hyderabad Rules “No Evidence, No Tax” | Key Relief for Capital Gains Cases4 months agoPenny Stock Additions Deleted: ITAT Hyderabad Rules “No Evidence, No Tax” | Key Relief for Capital Gains Cases Allegations…
Income Tax103 CAs penalised. 85 debarred. Penalties up to ₹10 crore. A strong and consistent message to audit profession from NFRA since 2022.4 months ago103 CAs penalised. 85 debarred. Penalties up to ₹10 crore. A strong and consistent message to audit profession from NFRA…
Income Tax80G Registration Denied Due to “Religious Objects”? ITAT Clarifies the Law Every Trust Must Know4 months ago80G Registration Denied Due to “Religious Objects”? ITAT Clarifies the Law Every Trust Must Know One of the most…
Income TaxPenalty u/s 271(1)(c) Cannot Be Levied for Mere Disallowance: ITAT Rajkot Clarifies the Law | Key Ruling in Pardes Dehydration Co HUF vs ITO4 months agoPenalty u/s 271(1)(c) Cannot Be Levied for Mere Disallowance: ITAT Rajkot Clarifies the Law | Key Ruling in Pardes Dehydration…
Income TaxOld vs New Tax Regime (AY 2026-27): What You Actually Lose-and What You Still Keep4 months agoOld vs New Tax Regime (AY 2026-27): What You Actually Lose-and What You Still Keep Every tax season, one…
Income Tax2913 Days Delay Condoned: Telangana High Court Puts Natural Justice Above Technicalities4 months ago2913 Days Delay Condoned: Telangana High Court Puts Natural Justice Above Technicalities In a remarkable ruling that underscores the…
Income TaxSection 69A: ITAT Endorses a Balanced, Evidence-Based Approach over Blanket Additions4 months agoSection 69A: ITAT Endorses a Balanced, Evidence-Based Approach over Blanket Additions Shrenik Manish Mehta vs ITO ITA No.: 7324/Mum/2025…
Income TaxCommission paid to non-residents does not give rise to income chargeable to tax in India: ITAT Ahmedabad4 months agoCommission paid to non-residents does not give rise to income chargeable to tax in India: ITAT Ahmedabad Kiri Industries…
Income TaxPenalty for Foreign Asset Disclosure Cannot Be Imposed for Mere Technical Lapse: Bombay HC4 months agoPenalty for Foreign Asset Disclosure Cannot Be Imposed for Mere Technical Lapse: Bombay HC Penalty for Foreign Asset…
Income TaxYour income may be tax-free up to ₹12 lakh-but your cash flow still isn’t4 months agoYour income may be tax-free up to ₹12 lakh–but your cash flow still isn’t For many taxpayers, it now…
Income TaxReassessment Quashed for Mechanical Approval: ITAT Rajkot Reinforces Safeguards Under Section 1514 months agoReassessment Quashed for Mechanical Approval: ITAT Rajkot Reinforces Safeguards Under Section 151 In a significant ruling strengthening taxpayer protection,…
Income TaxSection 143(1) Adjustments vs. Debatable Issues: ITAT Draws a Clear Line in PF/ESI Disallowance Case4 months agoSection 143(1) Adjustments vs. Debatable Issues: ITAT Draws a Clear Line in PF/ESI Disallowance Case By Swati Talwar In…