Section 54F Not Claimed in the Return? ITAT Says a Fresh Claim Can Still Be Considered
Section 54F Not Claimed in the Return? ITAT Says a Fresh Claim Can Still Be Considered Kiran Kumar Grandhe…
Income Tax
Inherited Property: A Gift of Wealth or a Bundle of Tax Questions?
Inherited Property: A Gift of Wealth or a Bundle of Tax Questions? There are some things in life…
TAX COMPLIANCE TRACKER – OCTOBER, 2026
Tax Compliance Tracker – October, 2026 1. Compliance requirement under Income Tax act, 1961 Sl. Compliance Particulars Due…
Tax Audit & ITR Due Dates Extended: CBDT Gives 21-Day Relief for AY 2026–27
Tax Audit & ITR Due Dates Extended: CBDT Gives 21-Day Relief for AY 2026–27 A welcome extension, but…
Gold, Gold Everywhere—But What Happens to Your Tax When You Exchange It?
Gold, Gold Everywhere—But What Happens to Your Tax When You Exchange It? In India, gold is not merely a…
Section 54F: Buying a House from Your Spouse Can Still Qualify for Exemption
Section 54F: Buying a House from Your Spouse Can Still Qualify for Exemption Mumbai ITAT says a genuine, fully…
“The issue is not merely of convenience but of audit quality” – Representation for Early Extension of the Tax Audit Report filing Due Date Extension by THE TAX TALK
“The issue is not merely of convenience but of audit quality” – Representation for Early Extension of the Tax Audit…
Section 147A: Supreme Court Steps In — What Does It Mean for Reassessment Proceedings?
Section 147A: Supreme Court Steps In — What Does It Mean for Reassessment Proceedings? The controversy surrounding the…
Section 277: When a False Tax Statement Becomes a Criminal Offence
Section 277: When a False Tax Statement Becomes a Criminal Offence False verification, mens rea, prosecution, compounding – and the…
CBDT Removes Arrest & Detention from Tax Recovery Rules; Extends Registration Deadline for Valuers
CBDT Removes Arrest & Detention from Tax Recovery Rules; Extends Registration Deadline for Valuers The TAX Update The Central…
Representation for extension of the specified date for furnishing Tax Audit Reports u/s 44AB and other audit reports for AY 2026-27 from 30 September 2026 to 31 October 2026, and of the return due date in audit cases from 31 October 2026 to 30 November 2026
Representation for extension of the specified date for furnishing Tax Audit Reports u/s 44AB and other audit reports for AY…
Section 147A: Supreme Court Stays Ruling Striking It Down – Reassessment Proceedings Also Frozen
Section 147A: Supreme Court Stays Ruling Striking It Down – Reassessment Proceedings Also Frozen The controversy surrounding Section 147A…
Capital Gains: One Rate, Many Rules!
Capital Gains: One Rate, Many Rules! “What is the capital gains tax rate?” It sounds like a simple question.…
Income Tax Demand Recovery: Can the AO Attach Your Bank Account While Your Appeal Is Pending?
Income Tax Demand Recovery: Can the AO Attach Your Bank Account While Your Appeal Is Pending? Yes –…
Updated ITR: Can CPC Charge Section 234B Interest Beyond the Date of Tax Payment?
Updated ITR: Can CPC Charge Section 234B Interest Beyond the Date of Tax Payment? Ahmedabad ITAT Says Interest Under…
Section 69C Cannot Apply When Source of Payment Is Known
Section 69C Cannot Apply When Source of Payment Is Known ITAT Hyderabad Says Failure to Explain Purpose or Destination…
₹11.22 Crore Addition and 500 Trees: An Unusual Second Chance by ITAT Chandigarh
₹11.22 Crore Addition and 500 Trees: An Unusual Second Chance by ITAT Chandigarh Tribunal Gives One Final Opportunity-But Links…
Interest on Land Acquisition Compensation: Can It Be Taxed Separately?
Interest on Land Acquisition Compensation: Can It Be Taxed Separately? ITAT Says Interest Under Section 28 of the Land…
