Day: February 14, 2026
101 articlesIncome Tax
Income Tax
Bogus Purchase Addition Deleted – Mere Non-Response to 133(6) Notices Not Enough
Income Tax
Income Tax
Section 54F Deduction Allowed – Commercial Property Not a Residential House: ITAT Chennai
Income Tax
Income Tax
Additions Based on Loose Sheets Deleted – “Dumb Documents” Insufficient for 153A: ITAT Delhi
Income Tax
Income Tax
Penalty u/s 270A Deleted – Immunity u/s 270AA Allowed Despite Procedural Lapse: ITAT Chennai
Income Tax
Income Tax
ITAT Kolkata – Penalty u/s 271(1)(b) Deleted; Assessment u/s 143(3) Implies Condonation
Goods and Services Tax
Goods and Services Tax
Burden of Proof Under BSA vs GST: Why ITC Claims Shift Onus to Taxpayers
Income Tax
Income Tax
Carry Forward Loss Cannot Be Denied After Treating Return as Valid: ITAT Delhi
Income Tax
Income Tax
Annual Software License Expenses Held Revenue in Nature – No Enduring Benefit: ITAT Mumbai
Income Tax
Income Tax
Reassessment Quashed – Wrong Sanction u/s 151 After 3 Years: ITAT Mumbai
Income Tax
Income Tax
Flat Purchase Addition Deleted – Creditor Loan Proved; Wife’s Contribution Not Taxable: ITAT Mumbai
Service Tax
Service Tax
CENVAT Credit on construction of building allowed as used in provision of Renting of Immovable Property
Corporate Law
Corporate Law
Bending and Bundling services cannot be claimed under Clearing & Forwarding Services: Calcutta HC
Income Tax
Income Tax
Reassessment Quashed – Escaped Income Below ₹50 Lakh; Wrong Sanction Authority: ITAT Mumbai
Goods and Services Tax
Goods and Services Tax
