Income TaxCBDT Mandates Upload of Foreign Assets and Income Data in AIS and Form 26AS Under AEOI2 months agoCBDT Mandates Upload of Foreign Assets and Income Data in AIS and Form 26AS Under AEOI The Central…
Income TaxAssessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before CIT(A)2 months agoAssessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before…
Income TaxHas the Tax Shine Gone Off Sovereign Gold Bonds?2 months agoHas the Tax Shine Gone Off Sovereign Gold Bonds? [Query 1] I have acquired SGB from the secondary market…
Income TaxEven a 2-Day Delay Can Kill a Reassessment: Delhi High Court Draws a Strict Line on Section 148 Timelines3 months agoEven a 2-Day Delay Can Kill a Reassessment: Delhi High Court Draws a Strict Line on Section 148 Timelines …
Income TaxIs Delay the End of a Tax Case? ITAT Says Justice Must Prevail Over Technicalities3 months agoIs Delay the End of a Tax Case? ITAT Says Justice Must Prevail Over Technicalities Tribunal Condones Delay…
Income TaxDon’t Let Form 16 Decide Your Tax Liability!3 months agoDon’t Let Form 16 Decide Your Tax Liability! July is not just another month on the calendar. For…
Income TaxBank Refused to Sign CHG-1? ROC Says That’s No Excuse – Company and Directors Penalized ₹6.5 Lakh3 months agoBank Refused to Sign CHG-1? ROC Says That’s No Excuse – Company and Directors Penalized ₹6.5 Lakh Vehicle…
Income TaxCBDT Brings Relief for Charitable Trusts: Delay in Filing Form 10AB Condoned for 80G Renewal3 months agoCBDT Brings Relief for Charitable Trusts: Delay in Filing Form 10AB Condoned for 80G Renewal A Timely Relief for Genuine…
Income TaxRelated Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case3 months agoRelated Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case In corporate governance, documentation…
Income TaxRelated Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case3 months agoRelated Party Transactions: Why Mere Disclosure Is Not Enough – ROC Penalty in Adani Power Case ROC Imposes…
Income TaxSilent Correction or Legislative Clarification? The Curious Case of “Person” vs “Persons” in the New Income Tax Act, 20253 months agoSilent Correction or Legislative Clarification? The Curious Case of “Person” vs “Persons” in the New Income Tax Act, 2025 …
Income TaxCan Section 69C Be Invoked Merely Because Purchases Are Alleged to Be Bogus?3 months agoCan Section 69C Be Invoked Merely Because Purchases Are Alleged to Be Bogus? The Often-Ignored Difference Between a…
Income TaxAssessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before CIT(A)3 months agoAssessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before…
Income TaxCan Penalty for Concealment Survive If Income Declared in Return Filed Under Section 148 Is Accepted? ITAT Chennai Says No3 months agoCan Penalty for Concealment Survive If Income Declared in Return Filed Under Section 148 Is Accepted? ITAT Chennai Says No…
Income TaxIncome Tax Act, 2025 Replaces “May” with “Shall”: Has the Assessing Officer Lost His Discretion?3 months agoIncome Tax Act, 2025 Replaces “May” with “Shall”: Has the Assessing Officer Lost His Discretion? A Three-Letter Change That Could…
Income TaxHas the Income-tax Act, 2025 Changed the Law on Capital Gains Exemption for Depreciable Assets?3 months agoHas the Income-tax Act, 2025 Changed the Law on Capital Gains Exemption for Depreciable Assets? One of the most…
Income TaxAppeal Is Not a Mere Formality: ITAT Mumbai Reminds Authorities to Determine the Correct Tax Liability3 months agoAppeal Is Not a Mere Formality: ITAT Mumbai Reminds Authorities to Determine the Correct Tax Liability Technical Rejection…
Income TaxCan the Income Tax Department Tax You for a Transaction That Never Happened? ITAT Says No3 months agoCan the Income Tax Department Tax You for a Transaction That Never Happened? ITAT Says No Assessee Cannot Be…