Income TaxAgricultural Income: A Comparative Analysis of the 1961 and 2025 Income-tax Acts:11 months agoAgricultural Income: A Comparative Analysis of the 1961 and 2025 Income-tax Acts: Agricultural Income: A Comparative Analysis of the 1961…
Income TaxPunjab & Haryana High Court Grants Bail to Income Tax Officer in ₹25 Lakh Bribery Case11 months agoPunjab & Haryana High Court Grants Bail to Income Tax Officer in ₹25 Lakh Bribery Case The Punjab and Haryana…
Income TaxWidow entitled to TDS in the name of her late husband, after she had declared his income in her own tax returns (ITRs): ITAT11 months agoWidow entitled to TDS in the name of her late husband, after she had declared his income in her own…
Income TaxThe Finance Act, 2025, due to a drafting lapse, inadvertently reduced the standard deduction under the new tax regime from ₹75,000 to ₹50,000, for FY 25-2611 months agoThe Finance Act, 2025, due to a drafting lapse, inadvertently reduced the standard deduction under the new tax regime from…
Income TaxLack of Enquiry vs. Inadequate Enquiry’ – ITAT Chennai Allows Appeal, Strikes Down 263 Order11 months agoLack of Enquiry vs. Inadequate Enquiry’ – ITAT Chennai Allows Appeal, Strikes Down 263 Order Subramaniam Mohan Sundaram &…
Income TaxCBDT Amends Black Money Act Instructions to Exempt Minor Foreign Assets11 months agoCBDT Amends Black Money Act Instructions to Exempt Minor Foreign Assets Background and Objective of the Amendment The Central…
Income TaxMass Issuance of Income Tax Scrutiny Notices u/s 143(2) for AY 2024-2511 months agoMass Issuance of Income Tax Scrutiny Notices u/s 143(2) for AY 2024-25 The Income Tax Department has commenced dispatching…
Capital GainIncome TaxCapital Gain Indexation Begins From Date of Agreement, Not Possession11 months agoCapital Gain Indexation Begins From Date of Agreement, Not Possession Recently, in a significant ruling, the court has held…
Income TaxAdditional Ground Can Be Raised at Hearing-Even If Not Taken Before Lower Authorities or in Cross-Objection!11 months agoAdditional Ground Can Be Raised at Hearing-Even If Not Taken Before Lower Authorities or in Cross-Objection! In a significant ruling,…
Income TaxDenial of exemption under Section 11 made by CPC under Section 143(1) – ITAT Mumbai grant relief to Trust11 months agoDenial of exemption under Section 11 made by CPC under Section 143(1) – ITAT Mumbai grant relief to Trust In…
Income TaxSupreme Court Again Dismisses Revenue SLP in JAO–FAO Controversy: Final Word Still Awaited11 months agoSupreme Court Again Dismisses Revenue SLP in JAO–FAO Controversy: Final Word Still Awaited The Supreme Court has once again…
Income TaxSeizure of Goods in Transit Without Notice Under Section 129(3): Andhra Pradesh High Court’s Landmark Ruling11 months ago Seizure of Goods in Transit Without Notice Under Section 129(3): Andhra Pradesh High Court’s Landmark Ruling Introduction Under the Central Goods…
Income TaxVintage car sale is subject to capital gains tax if there’s no proof of its personal use: Bombay High Court11 months agoVintage car sale is subject to capital gains tax if there’s no proof of its personal use: Bombay High Court…
Income TaxWidow entitled to TDS in the name of her late husband, after she had declared his income in her own tax returns (ITRs): ITAT11 months agoWidow entitled to TDS in the name of her late husband, after she had declared his income in her own…
Income TaxRajasthan High Court Condones Delay in Uploading Form 10B – A Relief for Charitable Institutions12 months agoRajasthan High Court Condones Delay in Uploading Form 10B – A Relief for Charitable Institutions Case: Manav Seva Samiti, Udaipur…
Income TaxIncome tax for existing members in the case of redevelopment of existing societies:12 months agoIncome tax for existing members in the case of redevelopment of existing societies: 1. What is Redevelopment? In redevelopment,…
Income TaxSLP Dismissed! Yet the JAO–FAO Controversy Refuses to Die12 months agoSLP Dismissed! Yet the JAO–FAO Controversy Refuses to Die By now, the JAO–FAO controversy is threatening to become a…
Income TaxTaxability of Interest on Motor Accident Compensation12 months agoTaxability of Interest on Motor Accident Compensation Taxability of Interest on Motor Accident Compensation The Bombay High Court held that…