Income TaxWrong Facts, No Jurisdiction! Patna HC Cancels Reassessment Initiated on False Premise”3 months agoWrong Facts, No Jurisdiction! Patna HC Cancels Reassessment Initiated on False Premise Recently, Patna HC cancelled the re-assessment Initiated on…
Income TaxKey Changes in ITR Forms for AY 2025–263 months agoKey Changes in ITR Forms for AY 2025–26 The Income Tax Department has notified several important updates in ITR…
Income TaxAn overview of key changes in the ITR-1 & ITR-4 for AY 2025-263 months ago An overview of key changes in the ITR-1 & ITR-4 for AY 2025-26 1. Capital Gains Relief for…
Income TaxUnregistered agreement to sale in one financial year and sale deed in another financial year – Year of Taxation?3 months agoUnregistered agreement to sale in one financial year and sale deed in another financial year – Year of Taxation? …
Income TaxNFAC should have considered the amended Form No.35 and the amalgamation facts brought on record, rather than dismissing the appeal outright: ITAT Delhi3 months agoNFAC should have considered the amended Form No.35 and the amalgamation facts brought on record, rather than dismissing the appeal…
Income TaxAssessment order quashed as the notice issued under Section 148A(b) provided a response time of less than 7 days – Bengaluru ITAT3 months agoAssessment order quashed as the notice issued under Section 148A(b) provided a response time of less than 7 days –…
Income TaxRevenue cannot deny exemption without adequate inquiry or evidence of excessive payments: ITAT3 months agoRevenue cannot deny exemption without adequate inquiry or evidence of excessive payments: ITAT Dy. CIT(E) vs. Pardada Pardadi Educational…
Income TaxForm 15H, Senior Citizens, and the ₹12 Lakh Rebate: Tax Tips for FY 2025–263 months agoForm 15H, Senior Citizens, and the ₹12 Lakh Rebate: Tax Tips for FY 2025–26 Query 1] In the New Tax…
Income TaxDelay in procedural compliance (filing Form 67) does not amount to misreporting under Section 270A(9)3 months agoDelay in procedural compliance (filing Form 67) does not amount to misreporting under Section 270A(9) ITAT Visakhapatnam decision in…
Income TaxCan the Income Tax Department use electronic evidence in assessments or appeals without a Section 65B certificate of the Indian Evidence Act ?3 months agoCan the Income Tax Department use electronic evidence in assessments or appeals without a Section 65B certificate of the Indian…
Income TaxNotice u/s 148 served on the old email-id of the Assessee or wrong address is invalid3 months agoNotice u/s 148 served on the old email-id of the Assessee or wrong address is invalid ITAT Delhi recently in…
Income TaxSection 65B of the Indian Evidence Act, 1872 does not apply to assessment proceedings under the Income Tax Act, 1961.3 months agoSection 65B of the Indian Evidence Act, 1872 does not apply to assessment proceedings under the Income Tax Act, 1961.…
Income TaxStock in trade cannot be subject matter of addition u/s 56(2)(viia) as it is outside the meaning of the word ‘property’ as provided in clause (vii) : Mumbai ITAT 3 months agoStock in trade cannot be subject matter of addition u/s 56(2)(viia) as it is outside the meaning of the word…
Income TaxCIT(A) is duty bound to follow his predecessors order on similar issue decided in another case: Mumbai ITAT3 months agoCIT(A) is duty bound to follow his predecessors order on similar issue decided in another case: Mumbai ITAT ITAT…
Income TaxPMLA accused has a right to get copies of material not even relied on by ED: SC3 months agoPMLA accused has a right to get copies of material not even relied on by ED: SC Sarla Gupta…
Income TaxNo addition on ESI PF issue permissible under section 143(1) prior to Checkmate Judgement: Chhattisgarh HC3 months agoNo addition on ESI PF issue permissible under section 143(1) prior to Checkmate Judgement: Chhattisgarh HC Chhattisgarh High Court…
Income TaxOnce the business receipts are accepted, no separate addition under Section 68 survives: ITAT Mumbai.3 months agoOnce the business receipts are accepted, no separate addition under Section 68 survives: ITAT Mumbai. The Mumbai ITAT, in…
Income TaxNotice issued without complying with the CBDT instruction specifying the format for such notices is invalid3 months agoNotice issued without complying with the CBDT instruction specifying the format for such notices is invalid Kolkata Tribunal in…