Income TaxDelhi High Court Allows Consolidated Show Cause Notices in GST ITC Fraud Cases1 month agoDelhi High Court Allows Consolidated Show Cause Notices in GST ITC Fraud Cases Case: Ambika Traders v. Additional Commissioner, Adjudication DGGSTI,…
Income TaxCalcutta High Court Quashes Reassessment: Borrowed Satisfaction Cannot Justify Reopening1 month agoCalcutta High Court Quashes Reassessment: Borrowed Satisfaction Cannot Justify Reopening Case: PCIT-1, Kolkata vs. Krishna Nirman Pvt. Ltd. Citation: ITAT/126/2025, Order dated…
Income TaxCharitable Trust Renewal & Tax Audit Deadlines: A Stressful September Ahead for CAs1 month agoCharitable Trust Renewal & Tax Audit Deadlines: A Stressful September Ahead for CAs Friends, September this year is shaping…
Income TaxITAT Delhi: Secondment of Employees Does Not Create Fixed Place PE under India–Japan DTAA1 month agoITAT Delhi: Secondment of Employees Does Not Create Fixed Place PE under India–Japan DTAA Mitsui Mining and Smelting Company…
Income TaxAgricultural Income: A Comparative Analysis of the 1961 and 2025 Income-tax Acts:1 month 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 Case1 month 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): ITAT1 month 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 25-261 month 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 Order1 month 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 Assets1 month 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 2024-251 month 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 Possession1 month 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!1 month 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 Trust1 month 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 Awaited1 month 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 Ruling1 month 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 Court2 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): ITAT2 months agoWidow entitled to TDS in the name of her late husband, after she had declared his income in her own…