Day: December 3, 2025
63 articlesIncome Tax
Income Tax
Form No. 26AS Not Equal to Turnover: Penalty u/s 271B Deleted for ₹1.11 Cr
Income Tax
Income Tax
Section 144 Assessment Partly Modified: 8% Reduced to 6% NP on ₹1.99 Cr
Income Tax
Income Tax
Demonetization Cash Credit Case Remanded for Reassessment
Income Tax
Income Tax
ITAT Quashes ₹1 Cr Addition Under Section 148 on Penny Stock LTCG
Income Tax
Income Tax
CIT(A) Cannot Hide Behind PCIT’s 263 Order – Independent Application of Mind Mandatory
Income Tax
Income Tax
Government Grant Held Non-Income Despite AO’s 15% Surplus Addition
Income Tax
Income Tax
Banks Can Compute 36(1)(viia) on Total Income Including Capital Gains: ITAT Ahmedabad
Excise Duty
Excise Duty
Central Excise Exemption Denied: Integrated Manufacturing Process Cannot Be Split Due to Separate Units
Income Tax
Income Tax
Directors’ Cash Deposits Not Taxable in Company Hands: ITAT Deletes ₹10.5 Lakh Addition
Income Tax
Income Tax
Delayed Form 10B Filing Not Fatal: ITAT Remands Exemption Case
Income Tax
Income Tax
Section 271(1)(c) Penalty Invalid Due to Ambiguous Satisfaction Recorded by AO
Income Tax
Income Tax
No Inquiry, No Jurisdiction: PCIT Revision Under Section 263 Invalid
Income Tax
Income Tax
Bogus Purchases: Only 2% Profit Taxable Due to Accepted Sale
Income Tax
Income Tax
