Income Tax

Recent Posts

• Section 69A: ITAT Endorses a Balanced, Evidence-Based Approach over Blanket Additions
• Commission paid to non-residents does not give rise to income chargeable to tax in India: ITAT Ahmedabad
• Penalty for Foreign Asset Disclosure Cannot Be Imposed for Mere Technical Lapse: Bombay HC
• Your income may be tax-free up to ₹12 lakh-but your cash flow still isn’t
• Reassessment Quashed for Mechanical Approval: ITAT Rajkot Reinforces Safeguards Under Section 151
• Section 143(1) Adjustments vs. Debatable Issues: ITAT Draws a Clear Line in PF/ESI Disallowance Case
• Section 148 Reopening Quashed: Gujarat High Court Insists on “Live Link” Between Evidence and Income Escapement
• Section 54 Relief in Under-Construction Flats: ITAT Mumbai Prioritizes Possession Date Over Registration
• Section 148 Notice Time-Barred Beyond 10 Years: Gujarat High Court Clarifies Search-Year Inclusion Rule | Key Ruling in Purvibhavin Shah vs ITO
• Section 263 Revision Invalid If AO Has Conducted Enquiry: ITAT Reaffirms “Two Views Possible” Principle