Income Tax

Recent Posts

• Beneficial Circulars Cannot Be Restricted by Year: Delhi High Court Expands Relief of CBDT Circular for charitable Trusts
• silence Does Not Mean Ignorance: Telangana High Court Quashes Reopening
• Presumptive Tax Filers Must Disclose Investments In ITR-4 Sugam
• TDS Credit Cannot Be Denied for 26AS Mismatch: ITAT Hyderabad Sets the Record Straight
• Bogus Purchases: Only Profit Element Taxable, Not Entire Purchase – Bombay High Court
• DTAA Compliance Gets Stricter: Form 10F Now Mandatory for All Treaty Claims
• Reassessment Fails Without 143(2): Delayed Return in response to notice under section 148 Cannot Be Ignored
• Section 69A Cannot Be Invoked on Explained Cash Re-Deposits: ITAT Clarifies Law
• No Tax on Old Deal done prior to enactment of law: ITAT Rules Section 56(2)(x) Cannot Apply Retrospectively
• Virtual Presence Is Not Physical Presence: Bombay High Court Draws a Clear Boundary