trust taxed at Maximum Marginal Rate

Recent Posts

• Seed Company on Leased Land Can Earn Exempt Agricultural Income
• ₹5.01 Crore Suppressed Sales, But Only ₹10.02 Lakh Taxable
• Foreign Asset Disclosure Scheme 2026: 60% Tax or Just ₹1 Lakh?
• Suspicion Is Not Income: Karnataka HC Rejects Tax Additions Based on Extrapolation
• DVO Cannot Come First: Books Must Be Rejected Before Valuation Reference
• Form 3CD Is Changing: The Clauses That Can Make Tax Audit More Challenging
• ₹23.33 Crore Addition Deleted: ITAT Says Wrong ITR Column Is Not Undisclosed Income
• Section 24(b): Processing Fee, Insurance and Maintenance Charges Can Also Qualify as “Interest”
• Redevelopment of Housing Society: ₹18.40 Crore Capital Gain Cannot Simply Be Taxed in Society’s Hands
• Fake Income-Tax Raid: When Fear Becomes a Tool for Extortion