Income Tax

DIN Controversy: Compliance Tool or Litigation Time Bomb? (Will the proposed Section 292BA end the DIN disputes — or restart them?)

3 weeks ago

DIN Controversy: Compliance Tool or Litigation Time Bomb? (Will the proposed Section 292BA end the DIN disputes — or restart…

Income Tax

Assessment Invalid if Material Not Shared or Cross-Examination Denied: ITAT Mumbai Reaffirms Natural Justice Rule

3 weeks ago

Assessment Invalid if Material Not Shared or Cross-Examination Denied: ITAT Mumbai Reaffirms Natural Justice Rule In a Significant ruling…

Income Tax

JAO vs FAO Dispute: Supreme Court Allows Taxpayers to Approach High Courts Again After Proposed Retrospective Amendment

3 weeks ago

JAO vs FAO Dispute: Supreme Court Allows Taxpayers to Approach High Courts Again After Proposed Retrospective Amendment In an…

Income Tax

Tenancy Rights Exchanged for Flats: ITAT Mumbai Says FMV Becomes Cost of Acquisition, Not Nil

3 weeks ago

Tenancy Rights Exchanged for Flats: ITAT Mumbai Says FMV Becomes Cost of Acquisition, Not Nil In an important ruling…

Income Tax

Political Donation Deduction Allowed Despite Allegations Against Party: ITAT Raipur Clarifies Scope of Section 80GGC

3 weeks ago

Political Donation Deduction Allowed Despite Allegations Against Party: ITAT Raipur Clarifies Scope of Section 80GGC In an important ruling…

Income Tax

Assessment Invalid if Notice Issued by Wrong Officer: ITAT Mumbai Quashes Order for Lack of Jurisdiction

3 weeks ago

Assessment Invalid if Notice Issued by Wrong Officer: ITAT Mumbai Quashes Order for Lack of Jurisdiction In an important…

Income Tax TDS

44AD vs 44ADA: Can TDS Under Section 194J Decide Your Presumptive Tax Fate? Tribunals Say “No”

3 weeks ago

44AD vs 44ADA: Can TDS Under Section 194J Decide Your Presumptive Tax Fate? Tribunals Say “No” By CA Naresh…

Income Tax

Conversion of OCRPS into Equity Not Taxable Under Section 56(2)(x): ITAT Mumbai Gives Relief in Fairbridge Capital Case

3 weeks ago

Conversion of OCRPS into Equity Not Taxable Under Section 56(2)(x): ITAT Mumbai Gives Relief in Fairbridge Capital Case In…

Income Tax

Reassessment Fails if Notice Beyond Surviving Limitation: ITAT Rajkot Applies Supreme Court Rule on Time-Barred Proceedings

3 weeks ago

Reassessment Fails if Notice Beyond Surviving Limitation: ITAT Rajkot Applies Supreme Court Rule on Time-Barred Proceedings In a significant…

Income Tax

Cash Deposit Addition Deleted Where Withdrawals Explained Source: ITAT Reiterates Principle on Cash Availability

3 weeks ago

Cash Deposit Addition Deleted Where Withdrawals Explained Source: ITAT Reiterates Principle on Cash Availability In a significant ruling relevant…

Income tax

Foreign Salary Credited to NRE Account Not Taxable in India: ITAT Ahmedabad Clarifies NRI Taxation Rule

3 weeks ago

Foreign Salary Credited to NRE Account Not Taxable in India: ITAT Ahmedabad Clarifies NRI Taxation Rule In an important…

Income Tax

Section 263 Revision Even After Reply Filed? ITAT Mumbai Ruling on Lack of Inquiry vs Inadequate Inquiry Explained

3 weeks ago

Section 263 Revision Even After Reply Filed? ITAT Mumbai Ruling on Lack of Inquiry vs Inadequate Inquiry Explained Taxpayers…

Income Tax

Form 15CA to be Replaced by Form 145? Big Changes Proposed in Foreign Remittance Reporting under New Income Tax Rules 2026

3 weeks ago

Form 15CA to be Replaced by Form 145? Big Changes Proposed in Foreign Remittance Reporting under New Income Tax Rules…

Income Tax

Buy Back Taxation: Amendment Before First Birthday of New Income Tax Act, 2025!

3 weeks ago

Buy Back Taxation: Amendment Before First Birthday of New Income Tax Act, 2025! Tax laws sometimes behave like software…

Income Tax

Refunds on Hold for Long: What the Government’s Own Data Reveals About FY26 Tax Collections

4 weeks ago

Refunds on Hold for Long: What the Government’s Own Data Reveals About FY26 Tax Collections The Ministry of Finance…

Income Tax

Union Budget 2026-27: Expanding Business Opportunities for Foreign Companies in Data Centres and Electronics Manufacturing

4 weeks ago

Union Budget 2026-27: Expanding Business Opportunities for Foreign Companies in Data Centres and Electronics Manufacturing India’s Union Budget 2026–27,…

Income Tax

Raipur ITAT on Section 80GGC: No Disallowance Without Assessee-Specific Evidence in Political Donation Cases (AY 2019-20)

4 weeks ago

Raipur ITAT on Section 80GGC: No Disallowance Without Assessee-Specific Evidence in Political Donation Cases (AY 2019-20) The controversy around…

Income Tax

FORM 48 VS. FORM 3CEB: A COMPREHENSIVE ANALYSIS OF INDIA’S NEW TRANSFER PRICING REPORTING FRAMEWORK

4 weeks ago

With the introduction of the draft Income‑tax Act, 2025, India’s Transfer Pricing reporting framework is undergoing a significant shift. The…

Income Tax

DIN Controversy: Compliance Tool or Litigation Time Bomb? (Will the proposed Section 292BA end the DIN disputes — or restart them?)

Assessment Invalid if Material Not Shared or Cross-Examination Denied: ITAT Mumbai Reaffirms Natural Justice Rule

JAO vs FAO Dispute: Supreme Court Allows Taxpayers to Approach High Courts Again After Proposed Retrospective Amendment

Tenancy Rights Exchanged for Flats: ITAT Mumbai Says FMV Becomes Cost of Acquisition, Not Nil

Political Donation Deduction Allowed Despite Allegations Against Party: ITAT Raipur Clarifies Scope of Section 80GGC

Assessment Invalid if Notice Issued by Wrong Officer: ITAT Mumbai Quashes Order for Lack of Jurisdiction

44AD vs 44ADA: Can TDS Under Section 194J Decide Your Presumptive Tax Fate? Tribunals Say “No”

Conversion of OCRPS into Equity Not Taxable Under Section 56(2)(x): ITAT Mumbai Gives Relief in Fairbridge Capital Case

Reassessment Fails if Notice Beyond Surviving Limitation: ITAT Rajkot Applies Supreme Court Rule on Time-Barred Proceedings

Cash Deposit Addition Deleted Where Withdrawals Explained Source: ITAT Reiterates Principle on Cash Availability

Foreign Salary Credited to NRE Account Not Taxable in India: ITAT Ahmedabad Clarifies NRI Taxation Rule

Section 263 Revision Even After Reply Filed? ITAT Mumbai Ruling on Lack of Inquiry vs Inadequate Inquiry Explained

Form 15CA to be Replaced by Form 145? Big Changes Proposed in Foreign Remittance Reporting under New Income Tax Rules 2026

Buy Back Taxation: Amendment Before First Birthday of New Income Tax Act, 2025!

Refunds on Hold for Long: What the Government’s Own Data Reveals About FY26 Tax Collections

Union Budget 2026-27: Expanding Business Opportunities for Foreign Companies in Data Centres and Electronics Manufacturing

Raipur ITAT on Section 80GGC: No Disallowance Without Assessee-Specific Evidence in Political Donation Cases (AY 2019-20)

FORM 48 VS. FORM 3CEB: A COMPREHENSIVE ANALYSIS OF INDIA’S NEW TRANSFER PRICING REPORTING FRAMEWORK

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