Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know
Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know The tax administration in India…
Income Tax
Genuine Business Expenditure Cannot Be Denied Merely Because Claim Was Made Through Revised Computation Instead of Revised Return: ITAT
Genuine Business Expenditure Cannot Be Denied Merely Because Claim Was Made Through Revised Computation Instead of Revised Return: ITAT …
Income-tax Act 2025 May Change the Entire Surcharge Position for Private Discretionary Trusts Taxable at Maximum Marginal Rate (MMR)
Income-tax Act 2025 May Change the Entire Surcharge Position for Private Discretionary Trusts Taxable at Maximum Marginal Rate (MMR) One…
Mere Transfer of Sundry Creditor Balances to Capital Account Does Not Trigger Section 41(1): Delhi ITAT Deletes Addition
Mere Transfer of Sundry Creditor Balances to Capital Account Does Not Trigger Section 41(1): Delhi ITAT Deletes Addition In…
Claim Section 54F First, Carry Forward Capital Loss Later, Says Mumbai ITAT
Claim Section 54F First, Carry Forward Capital Loss Later, Says Mumbai ITAT A Landmark Ruling on the Long-Running…
Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know
Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know From PAN Quoting to Property Gifts,…
Ignoring an Adjournment Request Can Invalidate an Assessment: Delhi High Court Reaffirms Principles of Natural Justice
Ignoring an Adjournment Request Can Invalidate an Assessment: Delhi High Court Reaffirms Principles of Natural Justice In a significant…
Can Loose Papers Alone Create a ₹90 Lakh Tax Liability? Mumbai ITAT Says No
Can Loose Papers Alone Create a ₹90 Lakh Tax Liability? Mumbai ITAT Says No Third-Party Scribbles Cannot Replace Evidence,…
Cash Deposits during Demonetisation Explained by Earlier Cash Withdrawals Cannot Be Taxed Under Section 69A: ITAT Grants Relief to NRI Taxpayer
Cash Deposits during Demonetisation Explained by Earlier Cash Withdrawals Cannot Be Taxed Under Section 69A: ITAT Grants Relief to NRI…
Section 263 Cannot Be Used for “Fishing Enquiries” Once AO Has Verified the Issue: ITAT Quashes Revision Order on Journal Entries & Section 269T
Section 263 Cannot Be Used for “Fishing Enquiries” Once AO Has Verified the Issue: ITAT Quashes Revision Order on Journal…
ITAT Nagpur Quashes Reassessment on Deceased Person: A Relief for Legal Heirs in Income Tax Cases
ITAT Nagpur Quashes Reassessment on Deceased Person: A Relief for Legal Heirs in Income Tax Cases The Income Tax Appellate…
Proper Opportunity Cannot Be Denied – Nagpur ITAT Gives Fresh Lifeline in Unexplained Investment Case
Proper Opportunity Cannot Be Denied – Nagpur ITAT Gives Fresh Lifeline in Unexplained Investment Case In a significant relief-oriented…
AO Cannot Replace DCF Method with NAV Method for Share Valuation Under Section 56(2)(viib): Mumbai ITAT Deletes ₹36.54 Crore Addition
AO Cannot Replace DCF Method with NAV Method for Share Valuation Under Section 56(2)(viib): Mumbai ITAT Deletes ₹36.54 Crore Addition…
Ahmedabad ITAT Draws a Clear Line: Agricultural Land Outside Section 2(14) Cannot Trigger Capital Gains, Section 50C or Tax on Alleged On-Money
Ahmedabad ITAT Draws a Clear Line: Agricultural Land Outside Section 2(14) Cannot Trigger Capital Gains, Section 50C or Tax on…
ITAT Quashes Reassessment for Defective Approval Under Section 151: Changing Escapement Figures Showed Non-Application of Mind
ITAT Quashes Reassessment for Defective Approval Under Section 151: Changing Escapement Figures Showed Non-Application of Mind In an important…
10 Things Taxpayers Must Know About the ₹12 Lakh Tax-Free Claim
10 Things Taxpayers Must Know About the ₹12 Lakh Tax-Free Claim After the Budget announcement in the last year,…
ITAT Grants Relief Under Section 80JJAA: Deduction Cannot Be Denied Merely for Non-Filing of Form 10DA Due to Technical Portal Limitation
ITAT Grants Relief Under Section 80JJAA: Deduction Cannot Be Denied Merely for Non-Filing of Form 10DA Due to Technical Portal…
Is Silence by the Assessing Officer on an Adjournment Request During Assessment Proceedings a Violation of Principles
Is Silence by the Assessing Officer on an Adjournment Request During Assessment Proceedings a Violation of Principles Once an assessee…
