Month: March 2026
2,081 articlesIncome Tax

Income Tax
Bank Deposits Treated as Business Receipts – ITAT Upholds Deletion of ₹1.71 Cr Addition u/s 69A
Income Tax

Income Tax
Reassessment Quashed – Notice U/s 148 Held Time-Barred & Ante-Dated
Income Tax

Income Tax
ITAT Chennai: No Addition U/s 56(2)(vii) Where Valuation Difference Within 10% Tolerance Band
Income Tax

Income Tax
Penalty U/s 270A Deleted – AO Failed to Specify Misreporting Clause
Income Tax

Income Tax
ITAT Chennai: Registration u/s 12AB & 80G Cannot Be Denied Merely Because Trust Has Not Yet Started Activities
Income Tax

Income Tax
Penalty U/s 271(1)(c) Not Sustainable on Deemed Addition U/s 56(2)(vii)(b) – ITAT Chennai
Income Tax

Income Tax
ITAT Chennai: 60% Tax U/s 115BBE Not Applicable for AY 2017-18 Transactions Prior to 01-04-2017
Income Tax

Income Tax
ITAT Chennai Quashes Reassessment – Notice U/s 148 Invalid for Want of Approval from Correct Authority U/s 15
Income Tax

Income Tax
ITAT Pune Upholds Estimation of Profit @8% When Assessee Fails to Prove Purchases & Creditors
Income Tax

Income Tax
