Income Tax

Recent Posts

• Supreme Court on Section 143(2): Participation Cannot Cure Complete Absence of Mandatory Notice
• Supreme Court on Reassessment: Tangible Material, Reason to Believe and Change of Opinion under Section 147
• Request for Extension of Due Dates for Filing Other Statutory E-Forms under the Companies Act, 2013 till 31.12.2026 without Levy of Additional Fees
• FAST-DS 2026: A One-Time Opportunity for Small Taxpayers to Declare Foreign Assets
• E-Invoicing from 1 January 2027: Reverse Charge Purchases and Import of Services Now Covered
• Interest on Delayed TDS Payment Is Allowable as Business Expenditure: ITAT Mumbai
• Notional Interest Is Not Taxable: ITAT Reinforces the Real Income Principle
• Leave Encashment After Absorption in PSU: ITAT Allows Full Section 10(10AA) Exemption
• LTCG Cannot Be Treated as Bogus Merely Because Share Prices Rose Sharply: ITAT Ahmedabad
• Eight GST Circulars That Every Taxpayer Should Know: CBIC Clarifies Registration, Appeals, ITC and Export Refunds