Income TaxCross Examination in Income Tax Assessment: Your Strongest Weapon Against Wrong Additions6 months agoCross Examination in Income Tax Assessment: Your Strongest Weapon Against Wrong Additions In today’s era of AI-driven tax scrutiny,…
Income TaxPaying Rent to Spouses or Parents? HRA Claims Under Scanner6 months agoPaying Rent to Spouses or Parents? HRA Claims Under Scanner If you thought paying rent to your parents or…
Income TaxThink Before You Click Submit: ITR Forms Get Smarter6 months agoThink Before You Click Submit: ITR Forms Get Smarter Filing an ITR used to be about filling numbers. Now, it…
Income TaxBeneficial Circulars Cannot Be Restricted by Year: Delhi High Court Expands Relief of CBDT Circular for charitable Trusts6 months agoBeneficial Circulars Cannot Be Restricted by Year: Delhi High Court Expands Relief of CBDT Circular for charitable Trusts In…
Income Taxsilence Does Not Mean Ignorance: Telangana High Court Quashes Reopening6 months agosilence Does Not Mean Ignorance: Telangana High Court Quashes Reopening In a powerful ruling reinforcing taxpayer safeguard, the Telangana…
Income TaxPresumptive Tax Filers Must Disclose Investments In ITR-4 Sugam6 months agoPresumptive Tax Filers Must Disclose Investments In ITR-4 Sugam 1. Small businesses and professionals filing under the presumptive…
Income TaxBogus Purchases: Only Profit Element Taxable, Not Entire Purchase – Bombay High Court6 months agoBogus Purchases: Only Profit Element Taxable, Not Entire Purchase – Bombay High Court In a significant ruling that reinforces…
Income TaxDTAA Compliance Gets Stricter: Form 10F Now Mandatory for All Treaty Claims6 months agoDTAA Compliance Gets Stricter: Form 10F Now Mandatory for All Treaty Claims A significant procedural shift has been introduced…
Income TaxReassessment Fails Without 143(2): Delayed Return in response to notice under section 148 Cannot Be Ignored6 months agoReassessment Fails Without 143(2): Delayed Return in response to notice under section 148 Cannot Be Ignored In a…
Income TaxSection 69A Cannot Be Invoked on Explained Cash Re-Deposits: ITAT Clarifies Law6 months agoSection 69A Cannot Be Invoked on Explained Cash Re-Deposits: ITAT Clarifies Law In an important ruling reinforcing the correct…
Income TaxNo Tax on Old Deal done prior to enactment of law: ITAT Rules Section 56(2)(x) Cannot Apply Retrospectively6 months agoNo Tax on Old Deal done prior to enactment of law: ITAT Rules Section 56(2)(x) Cannot Apply Retrospectively In…
Income TaxVirtual Presence Is Not Physical Presence: Bombay High Court Draws a Clear Boundary6 months agoVirtual Presence Is Not Physical Presence: Bombay High Court Draws a Clear Boundary In a landmark ruling with far-reaching…
Income TaxForeign assets disclosure scheme 20266 months agoForeign assets disclosure scheme 2026 The Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS), 2026, announced in the Union…
Income TaxNo Cross-Examination, No Case: ITAT Mumbai Strikes Down Additions Based on Third-Party Statements6 months agoNo Cross-Examination, No Case: ITAT Mumbai Strikes Down Additions Based on Third-Party Statements In a strong reaffirmation of the…
Income TaxPenalty on Surrendered Income During Survey: Is It Legally Sustainable?6 months agoPenalty on Surrendered Income During Survey: Is It Legally Sustainable? A very common situation in tax practice is where unaccounted…
Income TaxChanges in ITR-1 (Sahaj) Form for AY 2026-27: Bigger Scope, Tighter Compliance6 months agoChanges in ITR-1 (Sahaj) Form for AY 2026-27: Bigger Scope, Tighter Compliance The Income Tax Department has introduced important…
Income TaxBogus Purchase Allegations Collapse Without Evidence: ITAT6 months agoBogus Purchase Allegations Collapse Without Evidence: ITAT The Income Tax Department’s growing reliance on third-party information-especially from GST intelligence…
Income TaxIncome-tax Rules, 2026: Relief for Salaried Taxpayers – or Rethinking of Policy? (Part–4)6 months agoIncome-tax Rules, 2026: Relief for Salaried Taxpayers – or Rethinking of Policy? (Part-4) This article forms Part–4 of my…