Income Tax

Recent Posts

• TDS on salary under the New Income Tax Act, 2025:
• Goodbye Office, Hello Taxman! A Cheerful Guide to Tax-Free Retirement Perks!
• Nagpur ITAT slams ‘Cryptic Order,’ Deletes ₹50 Lakh Addition- Entry in the name of director cannot be added in the hands of the company
• Gratuity & LTC Received at the time of Retirement – Exemption Limits & Relevant Section
• Interest on Borrowings for Capital Reduction Held Deductible under Section 36(1)(iii): ITAT Mumbai
• No Revision of Returns through Appeals: Kerala HC on Additional Evidence in 69A Cases
• Once purchases are held to be bogus, the entire amount claimed cannot be whittled down by estimating a profit element
• Double Pension, Single Tension: The Tale of Form 26AS Confusion!
• A Win for Real Estate: ITAT, Nagpur Confirms Retrospective Application of 10% Tolerance Band for Sec. 43CA
• ITAT Nagpur on Section 80P: When “Operational Funds” Don’t Become “Other Income”