ITR refund status 2025: Delays due to ‘red-flagged’ claims, says CBDT chairman:
ITR refund status 2025: Delays due to ‘red-flagged’ claims, says CBDT chairman: 1. Chairman of the Central Board of…
Income Tax
Companies Amendment Bill: A Step Towards Ease of Doing Business
Companies Amendment Bill: A Step Towards Ease of Doing Business The Ministry of Corporate Affairs (MCA) has finalized the…
Foreign Tax Credit Allowable Even if Indian Tax on Foreign Income is Nil Due to Exemptions: ITAT
Foreign Tax Credit Allowable Even if Indian Tax on Foreign Income is Nil Due to Exemptions: ITAT Case Reference:…
When Data Speaks Louder Than Returns: Your Next Steps as a Taxpayer (Part 2)
When Data Speaks Louder Than Returns: Your Next Steps as a Taxpayer (Part 2) If you read last Monday’s…
TDS on GST: Whether Tax Should Be Deducted on Gross Amount or GST-Exclusive Amount? A Complete Analysis under Sections 194C and 194J of the Income Tax Act, 1961
TDS on GST: Whether Tax Should Be Deducted on Gross Amount or GST-Exclusive Amount? A Complete Analysis under Sections 194C…
Allahabad High Court rules that Speed Post is not equivalent to Registered Post for Section 148 notice service
Allahabad High Court rules that Speed Post is not equivalent to Registered Post for Section 148 notice service Allahabad…
Here is another judgement on S.87A rebate on special income under new tax regime.
Here is another judgement on S.87A rebate on special income under new tax regime. The judgements on S.87A rebate…
Intimation under Section 143(1) cannot be issued after 9 months from the end of the FY in which the return is filed: ITAT
Intimation under Section 143(1) cannot be issued after 9 months from the end of the FY in which the return…
Section 115BAA overrides all rate provisions, potentially disregarding special tax treatments under sections like 111A, 112, and 115BB: Delhi ITAT
Section 115BAA overrides all rate provisions, potentially disregarding special tax treatments under sections like 111A, 112, and 115BB: Delhi ITAT…
ITAT deleted addition due to invalidity of proceedings under Sections 147/148 and improper transfer under Section 127
ITAT deleted addition due to invalidity of proceedings under Sections 147/148 and improper transfer under Section 127 Hon’ble ITAT,…
TDS not applicable on commission to NRI agents procuring foreign customers
TDS not applicable on commission to NRI agents procuring foreign customers In a recent case, AO made disallowance u/s…
AO neither rejected the books nor conducted verification under Section 133(6): ITAT deleted addition under Section 68
AO neither rejected the books nor conducted verification under Section 133(6): ITAT deleted addition under Section 68 Demonetisation Cash…
When sales are accepted as genuine, the corresponding purchases cannot be disallowed unless there is tangible evidence proving manipulation or falsity
When sales are accepted as genuine, the corresponding purchases cannot be disallowed unless there is tangible evidence proving manipulation or…
Buyer can’t be held Liable for Sellers default in Remittance of Collected tax
Buyer can’t be held Liable for Sellers default in Remittance of Collected tax Recently, another landmark judgement has been…
Whether exemption U/s 11 or 10(23C) can be denied during intimation U/s 143(1) solely for the reason that 10B or 10BB was filed belatedly, even though the forms were eventually furnished and were available with the AOr?
Whether exemption U/s 11 or 10(23C) can be denied during intimation U/s 143(1) solely for the reason that 10B or…
Both JAO and FAO have concurrent jurisdiction to initiate reassessment proceedings under section 148
Both JAO and FAO have concurrent jurisdiction to initiate reassessment proceedings under section 148 The petitioners filed an instant…
Condonation of Delay under Section 119(2)(b) – CBDT Circular Cannot Override Substantive Right to Refund: HC
Condonation of Delay under Section 119(2)(b) – CBDT Circular Cannot Override Substantive Right to Refund: HC Santhana Krishnan (WP…
Taxation of Joint Development Agreements (JDAs) in the Context of the New Income Tax Act, 2025:
Taxation of Joint Development Agreements (JDAs) in the Context of the New Income Tax Act, 2025: Introduction: This note…
 in the Context of the New Income Tax Act, 2025:){kind=link}
 in the Context of the New Income Tax Act, 2025:&description=&image=https://thetaxtalk.com/wp-content/uploads/2025/11/Slide3-1.jpg){kind=link}