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Archive: 01 June 2025

Posts in 01 June 2025

Section 147 Reassessment Unsustainable Due to Mismatch in Grounds & Disallowance

June 1, 2025 1710 Views 0 comment Print

ITAT Jaipur quashes reassessment against Balithal Gram Seva Sahakari Samiti Ltd, citing jurisdictional flaws and lack of ‘live link’ between reopening grounds and final addition.

New ITR Disclosures for AY 2025–26: What Old Regime Taxpayers Must Know

June 1, 2025 6681 Views 0 comment Print

The Income Tax Return (ITR) filing season for Assessment Year 2025–26 has started, and there are some important changes you should know—especially if you’re following the old tax regime. This year, the ITR forms include new disclosure requirements that ask for more details about your income, assets, and other financial information. These changes aim to […]

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