Income TaxITAT Deletes Gold Addition During Search: CBDT Instruction No. 1916 Protects Jewellery from Tax Addition3 months agoITAT Deletes Gold Addition During Search: CBDT Instruction No. 1916 Protects Jewellery from Tax Addition In an important ruling…
Income TaxInterest-Bearing Loan Repaid Later Still Taxable as Deemed Dividend? Important ITAT Delhi Ruling Under Section 2(22)(e)3 months agoInterest-Bearing Loan Repaid Later Still Taxable as Deemed Dividend? Important ITAT Delhi Ruling Under Section 2(22)(e) Can a loan…
Income TaxNo Penalty Under Section 270A if Return Filed Under Section 148 is Accepted Without Addition: Important ITAT Ahmedabad Ruling3 months agoNo Penalty Under Section 270A if Return Filed Under Section 148 is Accepted Without Addition: Important ITAT Ahmedabad Ruling …
Income TaxPolitical Party Donation Disallowance Under Section 80GGC: Big Relief from ITAT Ahmedabad for Taxpayers3 months agoPolitical Party Donation Disallowance Under Section 80GGC: Big Relief from ITAT Ahmedabad for Taxpayers Political donations claimed as deduction…
Income TaxSection 68 Addition Cannot Survive Merely on Investigation Wing Report Without Independent Enquiry: ITAT Grants Relief to Assessee3 months agoSection 68 Addition Cannot Survive Merely on Investigation Wing Report Without Independent Enquiry: ITAT Grants Relief to Assessee In…
Income TaxPF/ESI Disallowance Could Not Be Adjusted Under Section 143(1) Before Supreme Court’s Checkmate Judgment: ITAT Grants Relief to Taxpayers3 months agoPF/ESI Disallowance Could Not Be Adjusted Under Section 143(1) Before Supreme Court’s Checkmate Judgment: ITAT Grants Relief to Taxpayers …
Income TaxIncome-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know3 months agoIncome-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know The tax administration in India…
Income TaxGenuine Business Expenditure Cannot Be Denied Merely Because Claim Was Made Through Revised Computation Instead of Revised Return: ITAT3 months agoGenuine Business Expenditure Cannot Be Denied Merely Because Claim Was Made Through Revised Computation Instead of Revised Return: ITAT …
Income TaxIncome-tax Act 2025 May Change the Entire Surcharge Position for Private Discretionary Trusts Taxable at Maximum Marginal Rate (MMR)3 months agoIncome-tax Act 2025 May Change the Entire Surcharge Position for Private Discretionary Trusts Taxable at Maximum Marginal Rate (MMR) One…
Income TaxMere Transfer of Sundry Creditor Balances to Capital Account Does Not Trigger Section 41(1): Delhi ITAT Deletes Addition3 months agoMere Transfer of Sundry Creditor Balances to Capital Account Does Not Trigger Section 41(1): Delhi ITAT Deletes Addition In…
Income TaxClaim Section 54F First, Carry Forward Capital Loss Later, Says Mumbai ITAT3 months agoClaim Section 54F First, Carry Forward Capital Loss Later, Says Mumbai ITAT A Landmark Ruling on the Long-Running…
Income TaxIncome-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know3 months agoIncome-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know From PAN Quoting to Property Gifts,…
Income TaxIgnoring an Adjournment Request Can Invalidate an Assessment: Delhi High Court Reaffirms Principles of Natural Justice3 months agoIgnoring an Adjournment Request Can Invalidate an Assessment: Delhi High Court Reaffirms Principles of Natural Justice In a significant…
Income TaxCan Loose Papers Alone Create a ₹90 Lakh Tax Liability? Mumbai ITAT Says No3 months agoCan Loose Papers Alone Create a ₹90 Lakh Tax Liability? Mumbai ITAT Says No Third-Party Scribbles Cannot Replace Evidence,…
Income TaxCash Deposits during Demonetisation Explained by Earlier Cash Withdrawals Cannot Be Taxed Under Section 69A: ITAT Grants Relief to NRI Taxpayer3 months agoCash Deposits during Demonetisation Explained by Earlier Cash Withdrawals Cannot Be Taxed Under Section 69A: ITAT Grants Relief to NRI…
Income TaxSection 263 Cannot Be Used for “Fishing Enquiries” Once AO Has Verified the Issue: ITAT Quashes Revision Order on Journal Entries & Section 269T3 months agoSection 263 Cannot Be Used for “Fishing Enquiries” Once AO Has Verified the Issue: ITAT Quashes Revision Order on Journal…
Income TaxITAT Nagpur Quashes Reassessment on Deceased Person: A Relief for Legal Heirs in Income Tax Cases3 months agoITAT Nagpur Quashes Reassessment on Deceased Person: A Relief for Legal Heirs in Income Tax Cases The Income Tax Appellate…
Income TaxProper Opportunity Cannot Be Denied – Nagpur ITAT Gives Fresh Lifeline in Unexplained Investment Case3 months agoProper Opportunity Cannot Be Denied – Nagpur ITAT Gives Fresh Lifeline in Unexplained Investment Case In a significant relief-oriented…