Income TaxReceived Salary Arrears? Don’t Miss Section 89 Relief-It Could Save You Thousands in Income Tax2 days agoReceived Salary Arrears? Don’t Miss Section 89 Relief-It Could Save You Thousands in Income Tax How Form 10E Can…
Income TaxSection 69 Addition Cannot Be Based on Mere Suspicion or ‘Human Probabilities’ Once the Source of Cash Is Proved: ITAT Chennai6 days agoSection 69 Addition Cannot Be Based on Mere Suspicion or ‘Human Probabilities’ Once the Source of Cash Is Proved: ITAT…
Income TaxIs a Section 143(2) Notice Invalid If It Does Not Mention ‘Limited Scrutiny’ or ‘Complete Scrutiny’? ITAT Special Bench Says No6 days agoIs a Section 143(2) Notice Invalid If It Does Not Mention ‘Limited Scrutiny’ or ‘Complete Scrutiny’? ITAT Special Bench Says…
Income TaxNo Tax, No Penalty: ITAT Mumbai Draws the Line on Section 270A Penalties for Charitable Trusts7 days agoNo Tax, No Penalty: ITAT Mumbai Draws the Line on Section 270A Penalties for Charitable Trusts The introduction of Section…
Income TaxCan the CIT(A) Enhance an Assessment by Introducing a Completely New Source of Income? ITAT Delhi Says No7 days agoCan the CIT(A) Enhance an Assessment by Introducing a Completely New Source of Income? ITAT Delhi Says No The…
GSTIs GST Refund Taxable If It Is Reported in Form 3CD but Not Credited to the Profit & Loss Account? ITAT Bangalore Says No1 week agoIs GST Refund Taxable If It Is Reported in Form 3CD but Not Credited to the Profit & Loss Account?…
Income TaxSection 54F Exemption Cannot Be Denied for Delay Beyond Taxpayer’s Control: Telangana High Court Grants Relief Despite 7-Year Delay in Construction1 week agoSection 54F Exemption Cannot Be Denied for Delay Beyond Taxpayer’s Control: Telangana High Court Grants Relief Despite 7-Year Delay in…
Income TaxLate Filing of Form 10-IE Cannot Deny New Tax Regime Benefit: Hyderabad ITAT Delivers Landmark Relief Under Section 115BAC1 week agoLate Filing of Form 10-IE Cannot Deny New Tax Regime Benefit: Hyderabad ITAT Delivers Landmark Relief Under Section 115BAC …
Income TaxCan You Claim Section 80P Deduction During Assessment Even If It Was Not Claimed in the Original ITR? ITAT Pune Says Yes1 week agoCan You Claim Section 80P Deduction During Assessment Even If It Was Not Claimed in the Original ITR? ITAT Pune…
Income TaxProcedural Lapse Cannot Defeat Substantive Tax Benefit: Telangana High Court Restores Section 115BAA Benefit Despite Delay in Filing Form 10-IC2 weeks agoProcedural Lapse Cannot Defeat Substantive Tax Benefit: Telangana High Court Restores Section 115BAA Benefit Despite Delay in Filing Form 10-IC…
Income TaxSection 263 Cannot Override Section 153A for Unabated Years Without Incriminating Material: Bombay High Court Reaffirms Abhisar Buildwell Principle2 weeks agoSection 263 Cannot Override Section 153A for Unabated Years Without Incriminating Material: Bombay High Court Reaffirms Abhisar Buildwell Principle …