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Recent Posts

• Income-tax Act 2025 May Change the Entire Surcharge Position for Private Discretionary Trusts Taxable at Maximum Marginal Rate (MMR)
• Mere Transfer of Sundry Creditor Balances to Capital Account Does Not Trigger Section 41(1): Delhi ITAT Deletes Addition
• Claim Section 54F First, Carry Forward Capital Loss Later, Says Mumbai ITAT
• Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know
• Ignoring an Adjournment Request Can Invalidate an Assessment: Delhi High Court Reaffirms Principles of Natural Justice
• Can Loose Papers Alone Create a ₹90 Lakh Tax Liability? Mumbai ITAT Says No
• Cash Deposits during Demonetisation Explained by Earlier Cash Withdrawals Cannot Be Taxed Under Section 69A: ITAT Grants Relief to NRI Taxpayer
• Section 263 Cannot Be Used for “Fishing Enquiries” Once AO Has Verified the Issue: ITAT Quashes Revision Order on Journal Entries & Section 269T
• GST Refund on Cancellation of Flat Booking – Builder vs Customer: Who Really Gets the Refund?
• ITAT Nagpur Quashes Reassessment on Deceased Person: A Relief for Legal Heirs in Income Tax Cases