Suspicion Is Not Income: Karnataka HC Rejects Tax Additions Based on Extrapolation
Suspicion Is Not Income: Karnataka HC Rejects Tax Additions Based on Extrapolation Seized Papers May Trigger an Enquiry-But…
search assessment extrapolation
Recent Posts
- Request for Extension of Due Dates for Filing Annual E- Forms under the Companies Act, 2013 till 31.12.2026 without Levy of Additional Fees
- Faceless Reassessment Gets a Major Boost: Andhra Pradesh High Court Strikes Down Section 147A of the Income Tax Act, 1961 as Unconstitutional
- Section 147A Declared Unconstitutional! Andhra Pradesh High Court Delivers a Landmark Verdict in the FAO–JAO Controversy
- Redevelopment Compensation for Hardship and Displacement Is a Capital Receipt: ITAT Mumbai
- Bombay High Court Grants Unconditional Stay of ₹15.96 Crore Income-Tax Demand
- Supreme Court on CBDT Circulars: Can an Assessment Order Be Revised Under Section 263 Despite Following a CBDT Circular?
- Same Income, Different Tax! How Classification Can Change Your Tax Liability
- Unsold Flats Cannot Be Taxed on Notional Rent Before They Become Legally Occupiable
- Bombay High Court: Taxpayer Can Seek Waiver of Section 270A Penalty Even After an Earlier Application Was Rejected
- Section 147A of Income-tax Act Under Supreme Court Scanner: Can Retrospective Amendment Validate Invalid Reassessment Notices?
