Income TaxPF & ESI Late Deposit: Supreme Court Steps In – Big Relief Possible for Taxpayers1 month agoPF & ESI Late Deposit: Supreme Court Steps In – Big Relief Possible for Taxpayers The long-running controversy surrounding…
Income TaxAppointment of Independent Director Beyond Permissible Tenure: ROC Mumbai Imposes Personal Penalty on Company Secretary1 month agoAppointment of Independent Director Beyond Permissible Tenure: ROC Mumbai Imposes Personal Penalty on Company Secretary A recent adjudication in…
Income TaxCapital Gains on Transfer of Leasehold Rights: Section 50C Applies Even Without Absolute Ownership1 month agoCapital Gains on Transfer of Leasehold Rights: Section 50C Applies Even Without Absolute Ownership One of the most common…
Income TaxPartial partition amount to a “transfer” under Income Tax law?1 month agoPartial partition amount to a “transfer” under Income Tax law? Partial partition doesn’t amount to a “transfer” in law…
Income TaxBudget Expectations 2026: Between Hope, Hype and Hard Reality1 month agoBudget Expectations 2026: Between Hope, Hype and Hard Reality By the time you read this column, the nation will…
Income TaxGujarat High Court Clarifies the Law on Reassessment vs Search Assessments: Section 147 Cannot Bypass Section 153C2 months agoGujarat High Court Clarifies the Law on Reassessment vs Search Assessments: Section 147 Cannot Bypass Section 153C The interplay…
Income TaxLimited Scrutiny Means Limited Powers: ITAT Delhi Quashes Section 263 Revision in Harun Ali vs Pr. CIT2 months agoLimited Scrutiny Means Limited Powers: ITAT Delhi Quashes Section 263 Revision in Harun Ali vs Pr. CIT A recent decision…
Income TaxNo Addition under Section 69A on Repayment of Loan Already Accepted as Genuine: Key Ruling of ITAT Delhi2 months agoNo Addition under Section 69A on Repayment of Loan Already Accepted as Genuine: Key Ruling of ITAT Delhi Hon’ble…
Income TaxIncome-tax Act, 2025: Why the Change May Be More in Perception Than in Policy2 months agoIncome-tax Act, 2025: Why the Change May Be More in Perception Than in Policy The Income-tax Act, 2025 has…
Income TaxIncome-tax Act, 2025 and Unexplained Income: Old Sections 68 to 69D vs New Law – Change in Substance or Just Structure?2 months agoIncome-tax Act, 2025 and Unexplained Income: Old Sections 68 to 69D vs New Law – Change in Substance or Just…
Income TaxAI Based unverified Submission – Bombay High court imposes costs – A wake-up call for professionals2 months agoAI Based unverified Submission – Bombay High court imposes costs – A wake-up call for professionals In a first-of-its-kind…
Income TaxThe Dangerous Habit of Ignoring Income Tax Emails and SMS – And How It Quietly Backfires2 months agoThe Dangerous Habit of Ignoring Income Tax Emails and SMS – And How It Quietly Backfires One of the…
Income TaxCapital Gain Exemption under Section 54 Available Even When New House Is Purchased with Housing Loan – ITAT Kolkata in Amit Parekh Case2 months agoCapital Gain Exemption under Section 54 Available Even When New House Is Purchased with Housing Loan – ITAT Kolkata in…
Income TaxWhen “Irrevocable” Becomes a New Roadblock for charitable trust: An Unnecessary Hurdle for Charitable Trusts2 months agoWhen “Irrevocable” Becomes a New Roadblock for charitable trust: An Unnecessary Hurdle for Charitable Trusts Charitable trusts across the…
Income TaxDelay in Filing Form 10B is Procedural – Substantive Exemption under Section 11 Cannot Be Denied on Technical Grounds2 months agoDelay in Filing Form 10B is Procedural – Substantive Exemption under Section 11 Cannot Be Denied on Technical Grounds …
Income TaxSurvey Statement u/s 133A Has No Evidentiary Value – Additions Quashed2 months agoSurvey Statement u/s 133A Has No Evidentiary Value – Additions Quashed The Hon’ble Chhattisgarh High Court held that additions…
Income TaxIncome has escaped assessment is a pre-condition for re-opening the assessment and not a borrowed satisfaction from outside source2 months agoIncome has escaped assessment is a pre-condition for re-opening the assessment and not a borrowed satisfaction from outside source …
Income TaxSection 119(2)(b) Condonation of Delay: Who Has the Power to Grant Relief for Refunds and Section 80P Claims?2 months agoSection 119(2)(b) Condonation of Delay: Who Has the Power to Grant Relief for Refunds and Section 80P Claims? Many…