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• Lack of Enquiry vs. Inadequate Enquiry’ – ITAT Chennai Allows Appeal, Strikes Down 263 Order
• CBDT Amends Black Money Act Instructions to Exempt Minor Foreign Assets
• Mass Issuance of Income Tax Scrutiny Notices u/s 143(2) for AY 2024-25
• Capital Gain Indexation Begins From Date of Agreement, Not Possession
• Income Declared Under 44AD Cannot Be Taxed Again Under Section 68:
• Additional Ground Can Be Raised at Hearing-Even If Not Taken Before Lower Authorities or in Cross-Objection!
• Denial of exemption under Section 11 made by CPC under Section 143(1) – ITAT Mumbai grant relief to Trust
• Supreme Court Again Dismisses Revenue SLP in JAO–FAO Controversy: Final Word Still Awaited
• Seizure of Goods in Transit Without Notice Under Section 129(3): Andhra Pradesh High Court’s Landmark Ruling
• Vintage car sale is subject to capital gains tax if there’s no proof of its personal use: Bombay High Court