penalty scheme 2/2021

Recent Posts

• Section 69A Cannot Be Invoked on Explained Cash Re-Deposits: ITAT Clarifies Law
• No Tax on Old Deal done prior to enactment of law: ITAT Rules Section 56(2)(x) Cannot Apply Retrospectively
• Virtual Presence Is Not Physical Presence: Bombay High Court Draws a Clear Boundary
• Foreign assets disclosure scheme 2026
• No Cross-Examination, No Case: ITAT Mumbai Strikes Down Additions Based on Third-Party Statements
• Penalty on Surrendered Income During Survey: Is It Legally Sustainable?
• Changes in ITR-1 (Sahaj) Form for AY 2026-27: Bigger Scope, Tighter Compliance
• Bogus Purchase Allegations Collapse Without Evidence: ITAT
• Income-tax Rules, 2026: Relief for Salaried Taxpayers – or Rethinking of Policy? (Part–4)
• Wife Seeking Husband’s ITR under RTI? Karnataka HC Draws a Clear Line