Bogus Purchase of Capital Assets? ITAT Delhi Deletes Addition-Investigation Wing Info Alone Not Enough
Bogus Purchase of Capital Assets? ITAT Delhi Deletes Addition-Investigation Wing Info Alone Not Enough In a significant ruling…
Income Tax
Rule 46A Relief: ITAT Mumbai Allows Additional Evidence Missed Due to SPAM Email | AIF Exemption Case Explained
Rule 46A Relief: ITAT Mumbai Allows Additional Evidence Missed Due to SPAM Email | AIF Exemption Case Explained In a…
Penny Stock Additions Deleted: ITAT Hyderabad Rules “No Evidence, No Tax” | Key Relief for Capital Gains Cases
Penny Stock Additions Deleted: ITAT Hyderabad Rules “No Evidence, No Tax” | Key Relief for Capital Gains Cases Allegations…
103 CAs penalised. 85 debarred. Penalties up to ₹10 crore. A strong and consistent message to audit profession from NFRA since 2022.
103 CAs penalised. 85 debarred. Penalties up to ₹10 crore. A strong and consistent message to audit profession from NFRA…
80G Registration Denied Due to “Religious Objects”? ITAT Clarifies the Law Every Trust Must Know
80G Registration Denied Due to “Religious Objects”? ITAT Clarifies the Law Every Trust Must Know One of the most…
Penalty u/s 271(1)(c) Cannot Be Levied for Mere Disallowance: ITAT Rajkot Clarifies the Law | Key Ruling in Pardes Dehydration Co HUF vs ITO
Penalty u/s 271(1)(c) Cannot Be Levied for Mere Disallowance: ITAT Rajkot Clarifies the Law | Key Ruling in Pardes Dehydration…
Old vs New Tax Regime (AY 2026-27): What You Actually Lose-and What You Still Keep
Old vs New Tax Regime (AY 2026-27): What You Actually Lose-and What You Still Keep Every tax season, one…
2913 Days Delay Condoned: Telangana High Court Puts Natural Justice Above Technicalities
2913 Days Delay Condoned: Telangana High Court Puts Natural Justice Above Technicalities In a remarkable ruling that underscores the…
Section 69A: ITAT Endorses a Balanced, Evidence-Based Approach over Blanket Additions
Section 69A: ITAT Endorses a Balanced, Evidence-Based Approach over Blanket Additions Shrenik Manish Mehta vs ITO ITA No.: 7324/Mum/2025…
Commission paid to non-residents does not give rise to income chargeable to tax in India: ITAT Ahmedabad
Commission paid to non-residents does not give rise to income chargeable to tax in India: ITAT Ahmedabad Kiri Industries…
Penalty for Foreign Asset Disclosure Cannot Be Imposed for Mere Technical Lapse: Bombay HC
Penalty for Foreign Asset Disclosure Cannot Be Imposed for Mere Technical Lapse: Bombay HC Penalty for Foreign Asset…
Your income may be tax-free up to ₹12 lakh-but your cash flow still isn’t
Your income may be tax-free up to ₹12 lakh–but your cash flow still isn’t For many taxpayers, it now…
Reassessment Quashed for Mechanical Approval: ITAT Rajkot Reinforces Safeguards Under Section 151
Reassessment Quashed for Mechanical Approval: ITAT Rajkot Reinforces Safeguards Under Section 151 In a significant ruling strengthening taxpayer protection,…
Section 143(1) Adjustments vs. Debatable Issues: ITAT Draws a Clear Line in PF/ESI Disallowance Case
Section 143(1) Adjustments vs. Debatable Issues: ITAT Draws a Clear Line in PF/ESI Disallowance Case By Swati Talwar In…
Section 148 Reopening Quashed: Gujarat High Court Insists on “Live Link” Between Evidence and Income Escapement
Section 148 Reopening Quashed: Gujarat High Court Insists on “Live Link” Between Evidence and Income Escapement In yet another…
Section 54 Relief in Under-Construction Flats: ITAT Mumbai Prioritizes Possession Date Over Registration
Section 54 Relief in Under-Construction Flats: ITAT Mumbai Prioritizes Possession Date Over Registration In a significant and practical ruling,…
Section 148 Notice Time-Barred Beyond 10 Years: Gujarat High Court Clarifies Search-Year Inclusion Rule | Key Ruling in Purvibhavin Shah vs ITO
Section 148 Notice Time-Barred Beyond 10 Years: Gujarat High Court Clarifies Search-Year Inclusion Rule | Key Ruling in Purvibhavin Shah…
Section 263 Revision Invalid If AO Has Conducted Enquiry: ITAT Reaffirms “Two Views Possible” Principle
Section 263 Revision Invalid If AO Has Conducted Enquiry: ITAT Reaffirms “Two Views Possible” Principle Revisionary powers under Section…
