Month: January 2026
2,388 articlesIncome Tax
Income Tax
Cash Deposits Explained in Books, Addition Deleted Without Rejection
Income Tax
Income Tax
Only Commission Income Taxable in Money Transfer Activity; Entire Cash Deposits Cannot Be Treated as Income
Income Tax
Income Tax
Long-Term Capital Loss on Group Share Sale Allowed: ITAT Mumbai Upholds ₹183 Cr LTCL
Income Tax
Income Tax
Untraceable Suppliers: Only 5% Profit Taxable on Purchases
Income Tax
Income Tax
Section 68 Addition Quashed Where Purchases and Stock Were Not Disputed
Income Tax
Income Tax
TDS on Agent Commission: Only Interest Recoverable if Tax Paid
Income Tax
Income Tax
Section 132(4) Statements Alone Insufficient Without Supporting Evidence
Income Tax
Income Tax
Section 153A Assessment Quashed for Mechanical u/s 153D Approval
Income Tax
Income Tax
No Double Penalty for Same Default Under Sections 271A and 271B: ITAT Chennai
Income Tax
Income Tax
Final Assessment Quashed for Breach of Statutory Time Limits
Income Tax
Income Tax
ITAT Mumbai Rejects Section 68 Additions on Alleged Circular Loans
Income Tax
Income Tax
Only Profit Element Taxable in Bogus Purchase Cases: ITAT Mumbai
Income Tax
Income Tax
Section 80G Renewal Cannot Be Denied for Curable Defects or Proposed Object-Clause Amendment
Income Tax
Income Tax
