Income TaxSection 50C & Section 54 – MOU vs Registration Date | ITAT Mumbai7 months agoSection 50C & Section 54 – MOU vs Registration Date | ITATba Mumbai Facts: 1. The assessee, an individual, was…
Income TaxNew Income Tax Act 2025: Fewer Forms, Smarter TDS & Simpler Compliance (Part-3)7 months agoNew Income Tax Act 2025: Fewer Forms, Smarter TDS & Simpler Compliance (Part-3) For most taxpayers, TDS & TCS are…
Income TaxSection 263 Revision Cannot Be Based on “Deeper Inquiry” | ITAT Draws Clear Line between No Inquiry and Inadequate Inquiry7 months agoSection 263 Revision Cannot Be Based on “Deeper Inquiry” | ITAT Draws Clear Line between No Inquiry and Inadequate Inquiry…
Income TaxTDS Credit Cannot Be Denied Due to 26AS Mismatch Under Section 143(1) | ITAT Delhi Declares Such Adjustments Illegal7 months agoTDS Credit Cannot Be Denied Due to 26AS Mismatch Under Section 143(1) | ITAT Delhi Declares Such Adjustments Illegal …
Income TaxIf the investment is yours, the exemption is yours—even if the property is registered in someone else’s name: Section 54F exemption allowed even if Property Registered in others name7 months agoIf the investment is yours, the exemption is yours—even if the property is registered in someone else’s name: Section 54F…
Income TaxSearch Assessment u/s 153A Fails Without Fresh Incriminating Material | ITAT Strikes Down Additions Based on ED Evidence & Mechanical Approval u/s 153D7 months agoSearch Assessment u/s 153A Fails Without Fresh Incriminating Material | ITAT Strikes Down Additions Based on ED Evidence & Mechanical…
Income TaxIncentives under the Package Scheme of Incentives in Maharashtra is taxable under the Income Tax Act7 months agoIncentives under the Package Scheme of Incentives in Maharashtra is taxable under the Income Tax Act The taxability of government…
Income TaxBSNL Ex-Gratia Scheme: ITAT Allows Full Exemption Despite 1400+ Days Delay – Big Relief for Taxpayers7 months agoBSNL Ex-Gratia Scheme: ITAT Allows Full Exemption Despite 1400+ Days Delay – Big Relief for Taxpayers In a significant…
Income TaxIgnoring binding precedent is not judicial independence-it is a mistake. ITAT can entertain Miscellaneous Application (MA) make rectification under Section 254(2)7 months agoIgnoring binding precedent is not judicial independence-it is a mistake. ITAT can entertain Miscellaneous Application (MA) make rectification under Section…
Income TaxMechanical Approval u/s 151 & Wrong Jurisdiction: Reassessment Held Invalid by ITAT Delhi7 months agoMechanical Approval u/s 151 & Wrong Jurisdiction: Reassessment Held Invalid by ITAT Delhi Reassessment under Section 147 of the Income…
Income TaxReassessment Cannot Become a Fishing Expedition: No Addition on Recorded Reason, No Valid Reopening7 months agoReassessment Cannot Become a Fishing Expedition: No Addition on Recorded Reason, No Valid Reopening Reassessment under Section 147 of…
Income TaxTax Changes from 1 April 2026: Big Relief for Salaried Employees & Senior Citizens | Allowances, HRA & New Forms Explained7 months agoTax Changes from 1 April 2026: Big Relief for Salaried Employees & Senior Citizens | Allowances, HRA & New Forms…
Income TaxStartup Tax Holiday Gets a Big Boost: Eligibility Limit Raised to ₹300 Crore7 months agoStartup Tax Holiday Gets a Big Boost: Eligibility Limit Raised to ₹300 Crore In a significant move aimed at strengthening…
Income TaxSection 68 & The Case of the Missing Directors: When Suspicion Took a Beating7 months agoSection 68 & The Case of the Missing Directors: When Suspicion Took a Beating If there is one section…
Income TaxNew Income Tax Act 2025 – Can the Department Access Your WhatsApp, Emails & Digital Life? (Part-2)7 months agoNew Income Tax Act 2025 – Can the Department Access Your WhatsApp, Emails & Digital Life? (Part-2) In the…
Income TaxFinance Bill 2026: Not Just Tweaks, But a Silent Tax Revolution7 months agoFinance Bill 2026: Not Just Tweaks, But a Silent Tax Revolution The Finance Bill 2026, as passed by the…
Income TaxSection 68: When Paper Speaks Louder Than Presence – A Big Relief for Genuine Share Capital Cases7 months agoSection 68: When Paper Speaks Louder Than Presence – A Big Relief for Genuine Share Capital Cases In income…
Income TaxDelay in Filing Form 10-IC Cannot Deny 115BAA Benefit – ITAT Mumbai Gives Big Relief to Companies7 months agoDelay in Filing Form 10-IC Cannot Deny 115BAA Benefit – ITAT Mumbai Gives Big Relief to Companies The concessional…