Income TaxDelay in Form 10A Filing – Big Relief for Trusts! CBDT Clarifies Power to Condon Delay under Section 12A1 month agoDelay in Form 10A Filing – Big Relief for Trusts! CBDT Clarifies Power to Condon Delay under Section 12A …
Income TaxFinance Bill 2026: Big Changes Proposed in Income-tax Procedure – Relief for Department or Trouble for Taxpayers?1 month agoFinance Bill 2026: Big Changes Proposed in Income-tax Procedure – Relief for Department or Trouble for Taxpayers? In the…
Income TaxED flags Indians buying Dubai properties using credit cards:1 month agoED flags Indians buying Dubai properties using credit cards: 1. Indians who used credit cards to buy homes in…
Income TaxClarification regarding power to condone delay in filing Form No. 10A under sub-clause (I) clause (ac) of sub-section (1) of section 12A of the Income Tax Act, 19611 month agoClarification regarding power to condone delay in filing Form No. 10A under sub-clause (I) clause (ac) of sub-section (1) of…
Income TaxA gift-even between spouses-must be backed by clear evidence of actual transfer, source of funds, and donor’s capacity1 month agoA gift-even between spouses-must be backed by clear evidence of actual transfer, source of funds, and donor’s capacity Shilpa…
Income TaxNew Income Tax Act 2025 from 1-4-2026 – What Will Change for Taxpayers? (Part-1)1 month agoNew Income Tax Act 2025 from 1-4-2026 – What Will Change for Taxpayers? (Part-1) The New Income Tax Act,…
Income TaxTiming Difference in Revenue Recognition Cannot Be Taxed Twice – ITAT Deletes ₹4.30 Cr Addition (Halcrow Group Ltd Case)1 month agoTiming Difference in Revenue Recognition Cannot Be Taxed Twice – ITAT Deletes ₹4.30 Cr Addition (Halcrow Group Ltd Case) …
Income TaxWhether provisions of the Evidence Act, with respect to digital evidence, are applicable to Income-tax proceedings?1 month agoWhether provisions of the Evidence Act, with respect to digital evidence, are applicable to Income-tax proceedings? The issue of…
Income TaxSection 131(1A) Notices Post-Search – Allahabad High Court settles the issue2 months agoSection 131(1A) Notices Post-Search – Allahabad High Court settles the issue Pramod Swarup Agarwal & Sneh Lata Agarwal vs.…
Income TaxBombay High Court gives big relief to charitable trusts – No need for irrevocability clause in trust deed for registration2 months agoBombay High Court gives big relief to charitable trusts – No need for irrevocability clause in trust deed for registration…
Income TaxFinance Bill – 2026: Penalty for non-reporting of crypto transactions2 months agoFinance Bill – 2026: Penalty for non-reporting of crypto transactions Introduction: 1. Effective 1 April 2026, India’s Finance Bill…
Income TaxStamp Duty Value Addition fails where agreement to sale was executed before introduction of Section 56(2)(x): ITAT2 months agoStamp Duty Value Addition fails where agreement to sale was executed before introduction of Section 56(2)(x): ITAT Rinki Singh v.…
Income TaxFull Section 54 Exemption Allowed Even Without Capital Gain Scheme Deposit – ITAT Gives Relief to Home Sellers2 months agoFull Section 54 Exemption Allowed Even Without Capital Gain Scheme Deposit – ITAT Gives Relief to Home Sellers Capital…
Income TaxBombay High Court Clarifies Limitation for TDS Default Orders2 months agoBombay High Court Clarifies Limitation for TDS Default Orders A recent decision of the Bombay High Court in CIT…
Income TaxIncome Tax Dept acts against 62 restaurants in 46 cities, suppression of sales under scanner:2 months agoIncome Tax Dept acts against 62 restaurants in 46 cities, suppression of sales under scanner: 1. In an extensive…
Income TaxITAT ALLOWS DEDUCTION FOR DONATION TO POLITICAL PARTY, DISMISSES ACIT APPEAL FOR LACK OF EVIDENCE2 months agoITAT ALLOWS DEDUCTION FOR DONATION TO POLITICAL PARTY, DISMISSES ACIT APPEAL FOR LACK OF EVIDENCE ACIT vs. Anuj Prakash…
Capital GainIncome TaxOwner Dies After Sale – Will New House Bought by Legal Heir Get Capital Gain Exemption?2 months agoOwner Dies After Sale – Will New House Bought by Legal Heir Get Capital Gain Exemption? [Query] I had…
Income TaxClarification issued regarding certain email communications sent under the Advance Tax e-Campaign for AY 2026–27 (FY 2025–26)2 months agoClarification issued regarding certain email communications sent under the Advance Tax e-Campaign for AY 2026–27 (FY 2025–26) The copy…