54 Exemption

Recent Posts

• Section 148 Notice Time-Barred Beyond 10 Years: Gujarat High Court Clarifies Search-Year Inclusion Rule | Key Ruling in Purvibhavin Shah vs ITO
• Section 263 Revision Invalid If AO Has Conducted Enquiry: ITAT Reaffirms “Two Views Possible” Principle
• Are Email & Video Call Services “Rendered in India”? Bombay High Court Says – No
• Bogus Purchases: 100% Addition or Only Profit Element? Supreme Court Settles the Law
• Reassessment Quashed: Gujarat High Court Slams Use of WhatsApp Data & Undated Complaint Without Proof
• ITR Forms AY 2026–27: 8 Big Changes Every Taxpayer Must Know Before Filing Returns
• Late Fee for Tax Audit Report as introduced by the Finance Act 2026: Will It Apply to FY 2025–26 or FY 2026–27 onwards
• Section 153C Proceedings Quashed: ITAT Pune Rules Separate Satisfaction for Each Year is Mandatory
• WhatsApp Chats & SMS as Evidence in Tax Search? ITAT Delhi Draws a Clear Line
• Cases where returned income exceeds ₹15 lakh must be handled by the ACIT or higher authorities Not doing so would render Assessment void ab-initio