Breach of Mandatory Time Limits of Seven Days u/s 148A(b) and Three Months u/s 148 Invalidates Reassessment: ITAT
Breach of Mandatory Time Limits of Seven Days u/s 148A(b) and Three Months u/s 148 Invalidates Reassessment: ITAT The…
Income Tax
Can a Partner Claim Presumptive Taxation under Section 44ADA? ITAT Delhi Settles a Long-Running Controversy
Can a Partner Claim Presumptive Taxation under Section 44ADA? ITAT Delhi Settles a Long-Running Controversy Section 44ADA of the…
PF & ESI Late Deposit: Supreme Court Steps In – Big Relief Possible for Taxpayers
PF & ESI Late Deposit: Supreme Court Steps In – Big Relief Possible for Taxpayers The long-running controversy surrounding…
Appointment of Independent Director Beyond Permissible Tenure: ROC Mumbai Imposes Personal Penalty on Company Secretary
Appointment of Independent Director Beyond Permissible Tenure: ROC Mumbai Imposes Personal Penalty on Company Secretary A recent adjudication in…
Capital Gains on Transfer of Leasehold Rights: Section 50C Applies Even Without Absolute Ownership
Capital Gains on Transfer of Leasehold Rights: Section 50C Applies Even Without Absolute Ownership One of the most common…
Partial partition amount to a “transfer” under Income Tax law?
Partial partition amount to a “transfer” under Income Tax law? Partial partition doesn’t amount to a “transfer” in law…
Budget Expectations 2026: Between Hope, Hype and Hard Reality
Budget Expectations 2026: Between Hope, Hype and Hard Reality By the time you read this column, the nation will…
Gujarat High Court Clarifies the Law on Reassessment vs Search Assessments: Section 147 Cannot Bypass Section 153C
Gujarat High Court Clarifies the Law on Reassessment vs Search Assessments: Section 147 Cannot Bypass Section 153C The interplay…
Limited Scrutiny Means Limited Powers: ITAT Delhi Quashes Section 263 Revision in Harun Ali vs Pr. CIT
Limited Scrutiny Means Limited Powers: ITAT Delhi Quashes Section 263 Revision in Harun Ali vs Pr. CIT A recent decision…
No Addition under Section 69A on Repayment of Loan Already Accepted as Genuine: Key Ruling of ITAT Delhi
No Addition under Section 69A on Repayment of Loan Already Accepted as Genuine: Key Ruling of ITAT Delhi Hon’ble…
Income-tax Act, 2025: Why the Change May Be More in Perception Than in Policy
Income-tax Act, 2025: Why the Change May Be More in Perception Than in Policy The Income-tax Act, 2025 has…
Income-tax Act, 2025 and Unexplained Income: Old Sections 68 to 69D vs New Law – Change in Substance or Just Structure?
Income-tax Act, 2025 and Unexplained Income: Old Sections 68 to 69D vs New Law – Change in Substance or Just…
AI Based unverified Submission – Bombay High court imposes costs – A wake-up call for professionals
AI Based unverified Submission – Bombay High court imposes costs – A wake-up call for professionals In a first-of-its-kind…
The Dangerous Habit of Ignoring Income Tax Emails and SMS – And How It Quietly Backfires
The Dangerous Habit of Ignoring Income Tax Emails and SMS – And How It Quietly Backfires One of the…
Capital Gain Exemption under Section 54 Available Even When New House Is Purchased with Housing Loan – ITAT Kolkata in Amit Parekh Case
Capital Gain Exemption under Section 54 Available Even When New House Is Purchased with Housing Loan – ITAT Kolkata in…
When “Irrevocable” Becomes a New Roadblock for charitable trust: An Unnecessary Hurdle for Charitable Trusts
When “Irrevocable” Becomes a New Roadblock for charitable trust: An Unnecessary Hurdle for Charitable Trusts Charitable trusts across the…
Delay in Filing Form 10B is Procedural – Substantive Exemption under Section 11 Cannot Be Denied on Technical Grounds
Delay in Filing Form 10B is Procedural – Substantive Exemption under Section 11 Cannot Be Denied on Technical Grounds …
Survey Statement u/s 133A Has No Evidentiary Value – Additions Quashed
Survey Statement u/s 133A Has No Evidentiary Value – Additions Quashed The Hon’ble Chhattisgarh High Court held that additions…
