Day: December 20, 2025
44 articlesIncome Tax
Income Tax
Reassessment Quashed Because Section 151 Sanction Was Mechanical
Income Tax
Income Tax
Repaid Loans and Bank Entries Can’t Trigger Section 68
Income Tax
Income Tax
JAO Can’t Bypass Faceless Mandate – U/s 148 Notice Issued Outside Scheme Quashed
Income Tax
Income Tax
Less Than 7 Days’ Reply Time Voids Faceless Assessment
Income Tax
Income Tax
Section 36(1)(iii) Disallowance on Group Loans Remanded
Income Tax
Income Tax
No U/s 115BBE Tax Because Income Was Business Profit, Not Unexplained Money
Fema / RBI
Fema / RBI
RBI (Urban Co-operative Banks – Interest Rates on Advances) Directions, 2025
Fema / RBI
Fema / RBI
RBI (Urban Co-operative Banks – Transfer and Distribution of Credit Risk) Directions, 2025
Income Tax
Income Tax
Borrowed Satisfaction Invalidates Reopening Under Section 147
Income Tax
Income Tax
Rule 8D Disallowance Struck Down Because AO Acted Without Recorded Satisfaction
Fema / RBI
Fema / RBI
RBI (Urban Co-operative Banks – Credit Information Reporting) Directions, 2025
Income Tax
Income Tax
Exemption Restored Because Form 10B Filed Within Extended Due Date
Fema / RBI
Fema / RBI
RBI (Urban Co-operative Banks – Concentration Risk Management) Directions, 2025
Income Tax
Income Tax
