Month: February 2026
2,248 articlesIncome Tax
Income Tax
ITAT Mumbai – Addition U/s 56(2)(x) Deleted; 10% Safe Harbour Applied on Property Purchase
Income Tax
Income Tax
Assessment Held Invalid as Framed u/s 143(3) Instead of Mandatory Sec 153C in Search Case
Income Tax
Income Tax
Reassessment Based on Quashed 263 Cannot Survive – Revenue Appeal Dismissed
Income Tax
Income Tax
TDS Credit Even if Not in Form 26AS – CIT(A)’s Direction for Verification Upheld; Revenue Appeal Dismissed
Income Tax
Income Tax
ITAT Mumbai – Sec.54F Exemption Allowed on Under-Construction Flat Sec. 50C Addition Deleted; Penalty U/s 271(1)(c)
Income Tax
Income Tax
PCIT Section 263 Quashed – Business Expenditure Allowable Even Without Income; AO Conducted Proper Enquiry
Income Tax
Income Tax
Assessment Against Deceased Person Quashed – Legal Heir Not Obliged to Inform Death
Income Tax
Income Tax
ITAT Mumbai – Entire Demonetisation Cash Addition Deleted; Belated VAT Returns not Ground for Sec.68 Addition
Company Law
Company Law
ROC Gwalior Imposes ₹2.25 Lakh Penalty for Incomplete Board’s Report
Company Law
Company Law
Small Company Penalised for Errors in reporting authorised share capital in AOC-4
Company Law
Company Law
ROC Gwalior imposes ₹1 Lakh Penalty for Incorrect Annual Return Filing
Income Tax
Income Tax
ITAT Mumbai: Fresh Legal Claim Can Be Raised Before CIT(A) – Goetze (India) Not Applicable to Appellate Authority
Fema / RBI
Fema / RBI
RBI Amends ECB Rules, Consolidates Borrowing Norms in 2026 Regulations
Income Tax
Income Tax
