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Latest Articles


ITR Filing 2026: Important Due Dates, Budget 2026 Updates & Strategies

Income Tax : Budget 2026 has extended the due dates for ITR-3, ITR-4, and revised returns, offering taxpayers greater flexibility. Understandin...

June 10, 2026 633 Views 0 comment Print

Sikkim: India’s Only Income Tax-Free State and the Law Behind It

Income Tax : Relocating to Sikkim does not automatically exempt you from income tax. This article explains who qualifies under Section 10(26AAA...

June 10, 2026 240 Views 0 comment Print

8 Legal Ways to Save Income Tax in India for Business Owners & Freelancers

Income Tax : The article outlines practical methods through which business owners and professionals can legally minimise their tax burden. It h...

June 10, 2026 381 Views 0 comment Print

Section 54 Exemption for Capital Gains on Residential Property Transfer

Income Tax : Section 54 grants exemption on long-term capital gains from the sale of a residential house because the proceeds are reinvested in...

June 10, 2026 97281 Views 4 comments Print

E-Payment of Direct Taxes: Simplifying Tax Payments

Income Tax : The Income-tax Act mandates e-payment of direct taxes for companies and taxpayers covered under Section 44AB, while others may opt...

June 10, 2026 10299 Views 0 comment Print


Latest News


Income Tax Superintendent Caught by CBI in Bribery Case Linked to PAN Deletion

Income Tax : The CBI apprehended an Income Tax Office Superintendent in Odisha after he was allegedly caught accepting a bribe for deleting a d...

June 6, 2026 6055 Views 0 comment Print

ITAT Prioritizes Old Appeals as Rising Pendency Requires Urgent Disposal Measures

Income Tax : The Income Tax Appellate Tribunal has proposed a priority disposal mechanism for appeals filed up to and including 2022 in respons...

June 5, 2026 231 Views 0 comment Print

Request for Rationalisation and Merger of TDS Return Codes 1023 & 1024

Income Tax : A representation has urged CBDT to merge TDS return codes 1023 and 1024, arguing that both apply to the same contract payments wit...

June 4, 2026 1617 Views 0 comment Print

Reduce CASS 2026 Scrutiny Cases Due to New Income Tax Act Transition Challenges: ITGOA

Income Tax : Association requested CBDT to rationalize CASS 2026 case selection considering the administrative burden caused by implementation ...

May 21, 2026 3738 Views 1 comment Print

Representation for timely release of e-filing utilities for ITR for AY 2026-27

Income Tax : KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities ar...

May 13, 2026 3966 Views 0 comment Print


Latest Judiciary


ESOP Discount Allowed as Liability Accrues Over Vesting Period: ITAT Bangalore

Income Tax : The ITAT Bangalore upheld deduction of ESOP expenditure under Section 37, holding that the liability arising from employee stock o...

June 11, 2026 12 Views 0 comment Print

No Section 68 Addition for Demonetization Cash Deposits Supported by Recorded Sales: ITAT Delhi

Income Tax : The ITAT Delhi held that cash deposits during the demonetization period could not be treated as unexplained credits when they orig...

June 11, 2026 18 Views 0 comment Print

Appeal Dismissal Under Section 249(4)(b) Invalid Without Advance Tax Liability: ITAT Hyderabad

Income Tax : ITAT Hyderabad held that dismissal of an appeal under section 249(4)(b) was unjustified where the assessee claimed that the receip...

June 11, 2026 24 Views 0 comment Print

CIT(E) Cannot Judge Hospital Tariffs to Decide Charity: ITAT Restores Reliance Hospital Trust’s U/s 12AB Registration

Income Tax : The Tribunal ruled that premium rooms, higher tariffs, and specialized medical facilities cannot by themselves establish a profit ...

June 11, 2026 Views 0 comment Print

ITAT Upholds FBT Additions on Employee-Related free tickets, hospitality, conveyance, goods & lodging

Income Tax : The ITAT Delhi held that free tickets, hospitality, conveyance, goods, and lodging expenses attracted Fringe Benefit Tax under the...

June 11, 2026 24 Views 0 comment Print


Latest Notifications


CBDT Issues Complete Income Tax Scrutiny Guidelines for FY 2026-27

Income Tax : The CBDT has identified specific categories of taxpayers whose returns will be compulsorily selected for complete scrutiny during ...

June 7, 2026 45309 Views 1 comment Print

Income-Tax (Amendment) Commencement Ordinance, 2026

Income Tax : The Ordinance exempts interest income and capital gains arising from Government securities for Foreign Institutional Investors and...

June 6, 2026 576 Views 0 comment Print

CBDT Notifies Infrastructure Sub-Sectors as Eligible Businesses Under Income Tax Act 2025

Income Tax : The Central Government has specified infrastructure sub-sectors from the Updated Harmonised Master List as eligible businesses und...

June 2, 2026 492 Views 0 comment Print

CBDT Approves National Institute of Advanced Studies as Scientific Research Institution  

Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, enabling eligible donations to qualify for tax benef...

May 30, 2026 165 Views 0 comment Print

CBDT Approves S. Nijalingappa Sugar Institute for Scientific Research Tax Benefit Eligibility 

Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, allowing eligible donations to qualify for tax benef...

May 30, 2026 138 Views 0 comment Print


ITAT Allahabad Remands Case to AO Due to Assessment Year Mix-Up

January 21, 2025 504 Views 0 comment Print

ITAT Allahabad remands a case involving ₹33.29 lakh unexplained cash deposits back to AO due to a mix-up of assessment years by CIT(A).

Quantum Matter remanded to AO: ITAT Deletes Section 271(1)(c) Penalty 

January 21, 2025 909 Views 0 comment Print

ITAT Allahabad quashes penalty under Section 271(1)(c) and directs AO to reconsider quantum addition in Chandra Bali Singh’s case.

Belated Revised Return After Search: SC Quashes Section 276CC Criminal Proceedings  

January 21, 2025 738 Views 0 comment Print

Supreme Court quashes criminal proceedings against R. P. Darrmalingam for delayed IT return filing, citing penalty drop and refund order under the IT Act.

ITAT Ahmedabad Remands Case for Property Value Reassessment to CIT(A)

January 21, 2025 714 Views 0 comment Print

The ITAT Ahmedabad remanded a case involving unexplained investment in property for reassessment due to non-compliance, allowing the assessee a chance to present evidence.

Unexplained Loan: ITAT Ahmedabad Refers Rs. 99.52 Lakh Addition to AO

January 21, 2025 624 Views 0 comment Print

ITAT Ahmedabad refers Rs. 99.52 lakh addition under Section 69 to AO for fresh examination. Case pertains to unexplained loans in Dharmendrasinh Chudasama vs ITO.

CPC cannot make adjustment under section 143(1) without prior notice

January 21, 2025 2130 Views 0 comment Print

ITAT Ahmedabad overturns CPC adjustment of ₹6.5 lakh for lack of notice under Section 143(1). Learn key details of Satishchandra Berawala’s appeal case.

ITAT Remands Case to AO, Allows Assessee to Explain Investments

January 21, 2025 537 Views 0 comment Print

ITAT Ahmedabad order in Maheshbhai Nagjibhai Desai Vs ITO case, addressing reopening under Section 147 and unexplained investments under Section 69.

Cash Deposit out of Saving of Family Members: ITAT deletes addition Partially

January 21, 2025 6540 Views 1 comment Print

ITAT Ahmedabad directs benefit of Rs. 8 lakhs for unexplained cash deposits during demonetization in the case of Manan Kiritbhai Shah for AY 2017-18.

ITAT Remands Case for Fresh Consideration After Appeal Dismissal

January 21, 2025 732 Views 0 comment Print

ITAT Ahmedabad refers the case of Dharmendra Sheth HUF back to AO after CIT(A) dismisses appeal due to delay, for a de novo assessment process.

ITAT Ahmedabad Remands Case on Unexplained Investments to AO

January 21, 2025 630 Views 0 comment Print

ITAT Ahmedabad remands case on unexplained investments of ₹18.19L in land & shares. Tribunal directs re-examination by AO after Assessee presents evidence.

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