Month: February 2026
2,248 articlesIncome Tax
Income Tax
Additions Based Solely on Investigation Report & Assumed 3% Commission Unsustainable: ITAT Mumbai
Income Tax
Income Tax
Bogus Purchase Disallowance – Issue of 12.5% vs 100% Addition Remanded to CIT(A) for Fresh Fact Verification – ITAT Mumbai
Income Tax
Income Tax
Penalty U/s 271(1)(c) Deleted – Bogus Purchase Additions Based on Estimation Cannot Trigger Penalty – ITAT Mumbai
Income Tax
Income Tax
Manual Signing in E-Proceedings Violates CBDT Instruction 1/2018 – Reassessment U/s 147/143(3) Quashed, ITAT Delhi
Income Tax
Income Tax
Delay in Form 67 Not Fatal – Foreign Tax Credit to be Allowed: ITAT Mumbai
Income Tax
Income Tax
Alleged Cash On-Money Addition Deleted – Third-Party Pen Drive & Statements Without Cross-Examination or Direct Evidence Insufficient – ITAT Mumbai
Corporate Law
Corporate Law
CIRP Regulations, 2016: Strengthening CoC Oversight & Procedural Clarity – A Practitioner’s Analysis
Income Tax
Income Tax
Faceless Assessment under Income Tax Act: Transparency or Trouble?
Income Tax
Income Tax
Section 54 Exemption Allowed – Possession Date of Under-Construction Flat Relevant, Not Agreement Date – ITAT Mumbai
CA, CS, CMA
CA, CS, CMA
Taxation of Traders in India: Structural Framework, Judicial Interpretation & Compliance Realities
Income Tax
Income Tax
Concept of Income under the Income Tax Act 1961
Income Tax
Income Tax
Sec 68 Addition Deleted – Third-Party Statement on Alleged Entry Provider Insufficient Without Independent Evidence – ITAT Mumbai
Income Tax
Income Tax
Reopening Invalid – No Addition on Recorded Reasons; MAT U/s 115JB Quashed per Jet Airways – ITAT Mumbai
Company Law
Company Law
