Income Tax

Recent Posts

• Destruction of Source of Income: Supreme Court Clarifies When Compensation Becomes a Capital Receipt
• Diversion of Income by Overriding Title: When Income Never Becomes the Assessee’s Income
• Bombay High Court: Income Tax Department Cannot Take a Contrary Stand After Consistently Accepting the Same Position
• Income Tax Department Cannot Recover Pre-Resolution Tax Dues After NCLT Approval of IBC Plan: Gauhati High Court
• Himachal Pradesh High Court Quashes ₹117.94 Crore GST Recovery Notice Against Morepen Laboratories: Omitted Rule Cannot Sustain Tax Proceedings Without Saving Provision
• ₹1.97 Crore in a Minor’s Name, But Taxed in Father’s Hands: Madras High Court Quashes Reassessment Against Minor
• Excel Sheet Entry Alone Cannot Justify Addition under Section 69A: Delhi ITAT
• Agricultural Income from Nursery: Delhi ITAT Reaffirms Exemption and the Principle of Consistency
• Request for Extension of Due Dates for Filing Annual E- Forms under the Companies Act, 2013 till 31.12.2026 without Levy of Additional Fees
• Faceless Reassessment Gets a Major Boost: Andhra Pradesh High Court Strikes Down Section 147A of the Income Tax Act, 1961 as Unconstitutional