Section 54 Deduction Allowed Even Without CGAS Deposit: ITAT Hyderabad Prioritises Substance Over Procedure
Section 54 Deduction Allowed Even Without CGAS Deposit: ITAT Hyderabad Prioritises Substance Over Procedure One of the most common…
Income Tax
Distribution of Assets on Total Partition of HUF Is Not a “Transfer” Under the Income-tax Act
Distribution of Assets on Total Partition of HUF Is Not a “Transfer” Under the Income-tax Act The Hindu…
Signed a JDA? This ITAT Ruling on Capital Gains Can Save You from Premature Taxation
Signed a JDA? This ITAT Ruling on Capital Gains Can Save You from Premature Taxation Joint Development Agreements (JDAs)…
Budget 2026: Income-Tax Highlights at a Glance
Budget 2026: Income-Tax Highlights at a Glance Presented by Finance Minister Smt. Nirmala Sitharaman, the Union Budget 2026 does…
Application for Condonation of Delay under Section 119(2)(b) filed beyond a period of 3 years in terms of Circular No. 16 of 2024 issued by CBDT & Recent HC Ruling
Application for Condonation of Delay under Section 119(2)(b) filed beyond a period of 3 years in terms of Circular No.…
Stay of Demand and the 20% Recovery Rule: CBDT Instructions and Judicial Reinforcement by the Bombay High Court
Stay of Demand and the 20% Recovery Rule: CBDT Instructions and Judicial Reinforcement by the Bombay High Court The…
20% Pre-Deposit for Stay of Demand Is NOT Mandatory: Delhi High Court Corrects a Common and Costly Misconception
20% Pre-Deposit for Stay of Demand Is NOT Mandatory: Delhi High Court Corrects a Common and Costly Misconception One…
Breach of Mandatory Time Limits of Seven Days u/s 148A(b) and Three Months u/s 148 Invalidates Reassessment: ITAT
Breach of Mandatory Time Limits of Seven Days u/s 148A(b) and Three Months u/s 148 Invalidates Reassessment: ITAT The…
Can a Partner Claim Presumptive Taxation under Section 44ADA? ITAT Delhi Settles a Long-Running Controversy
Can a Partner Claim Presumptive Taxation under Section 44ADA? ITAT Delhi Settles a Long-Running Controversy Section 44ADA of the…
PF & ESI Late Deposit: Supreme Court Steps In – Big Relief Possible for Taxpayers
PF & ESI Late Deposit: Supreme Court Steps In – Big Relief Possible for Taxpayers The long-running controversy surrounding…
Appointment of Independent Director Beyond Permissible Tenure: ROC Mumbai Imposes Personal Penalty on Company Secretary
Appointment of Independent Director Beyond Permissible Tenure: ROC Mumbai Imposes Personal Penalty on Company Secretary A recent adjudication in…
Capital Gains on Transfer of Leasehold Rights: Section 50C Applies Even Without Absolute Ownership
Capital Gains on Transfer of Leasehold Rights: Section 50C Applies Even Without Absolute Ownership One of the most common…
Partial partition amount to a “transfer” under Income Tax law?
Partial partition amount to a “transfer” under Income Tax law? Partial partition doesn’t amount to a “transfer” in law…
Budget Expectations 2026: Between Hope, Hype and Hard Reality
Budget Expectations 2026: Between Hope, Hype and Hard Reality By the time you read this column, the nation will…
Gujarat High Court Clarifies the Law on Reassessment vs Search Assessments: Section 147 Cannot Bypass Section 153C
Gujarat High Court Clarifies the Law on Reassessment vs Search Assessments: Section 147 Cannot Bypass Section 153C The interplay…
Limited Scrutiny Means Limited Powers: ITAT Delhi Quashes Section 263 Revision in Harun Ali vs Pr. CIT
Limited Scrutiny Means Limited Powers: ITAT Delhi Quashes Section 263 Revision in Harun Ali vs Pr. CIT A recent decision…
No Addition under Section 69A on Repayment of Loan Already Accepted as Genuine: Key Ruling of ITAT Delhi
No Addition under Section 69A on Repayment of Loan Already Accepted as Genuine: Key Ruling of ITAT Delhi Hon’ble…
Income-tax Act, 2025: Why the Change May Be More in Perception Than in Policy
Income-tax Act, 2025: Why the Change May Be More in Perception Than in Policy The Income-tax Act, 2025 has…
