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Latest Articles


ITAT Allows Final Section 35D Deduction and ESOP Recharge Expense

Income Tax : Bangalore ITAT held that the Revenue cannot deny the fifth-year deduction under Section 35D after consistently allowing the claim ...

June 12, 2026 147 Views 1 comment Print

Section 62(4) of Income-tax Act 2025: Closed List of Specified Professions Remains Unreformed

Income Tax : The Income-tax Act, 2025 continues the old specified professions framework without addressing longstanding classification issues. ...

June 11, 2026 267 Views 0 comment Print

SC Order Settled the issue of Taxability of International Software Supply Transactions?

Income Tax : The Supreme Court dismissed the Revenue's review petitions and reiterated that payments for off-the-shelf software do not constitu...

June 11, 2026 333 Views 0 comment Print

Period of limitation prescribed under Income-tax Act, 1961

Income Tax : A detailed overview of limitation periods prescribed under the Income-tax Act reveals how missing statutory deadlines can lead to ...

June 11, 2026 5730 Views 1 comment Print

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 1065 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 6082 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 234 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 1659 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 3765 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 3975 Views 0 comment Print


Latest Judiciary


No addition regarding commission income earned by PSPL as it was not an undisclosed income

Income Tax : Additions made by attributing the commission income earned by PSPL as undisclosed income of the Assessees were held unsustainable ...

June 12, 2026 12 Views 0 comment Print

Section 127 & 263 Orders Quashed as Assessee Was Denied Fair Hearing During COVID

Income Tax : The High Court held that merely issuing a notice is insufficient if the assessee is not informed of further developments or given ...

June 12, 2026 75 Views 0 comment Print

Kerala HC Condones 676-Day ITAT Appeal Delay Due to Auditor Lapse

Income Tax : The Kerala High Court condoned a 676-day delay in filing an ITAT appeal after finding that the assessee had bona fide relied on it...

June 12, 2026 87 Views 0 comment Print

ITAT Allows Indexation on Construction Cost as Sale Deed Already Contained Building Details

Income Tax : The Chennai ITAT ruled that indexation benefits under Section 48 cannot be denied when construction details are already part of th...

June 12, 2026 78 Views 0 comment Print

ITAT Deletes Bogus Purchase Addition as Cross-Examination Was Not Granted

Income Tax : The Tribunal observed that reliance on third-party statements without providing cross-examination rendered the additions legally u...

June 12, 2026 84 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 45936 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 603 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 507 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 183 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 150 Views 0 comment Print


Delay in filing of an appeal with a plea of waiting for outcome of judicial decision not condoned

November 2, 2023 1713 Views 1 comment Print

ITAT Chennai held that delay of 6 to 9 years in filing of an appeal against levy of late fees u/s 234 with a plea that they were waiting for outcome of judicial decisions not condoned.

GTA Services Recipient Not Liable To Pay Service Tax if Paid by service provider

November 2, 2023 1476 Views 0 comment Print

Explore the CESTAT Ahmedabad verdict on Dhariwal Industries Ltd. vs. C.C.E. & C. – Anand, clarifying service tax liability on GTA services and cenvat credit entitlement.

Compensation/Damages Payment by Builder/Developer is not Interest for TDS

November 2, 2023 10620 Views 1 comment Print

ITAT Delhi rules that payments by a builder to allottees as compensation for delays are not interest under the Income Tax Act, relieving them from TDS obligations.

Issuing DIN Without Mentioning on Assessment Order Is Insignificant & superfluous exercise: ITAT

November 2, 2023 1080 Views 0 comment Print

Discover the ITAT Delhi’s ruling on the issuance of DIN numbers on tax communications and its importance in ensuring their validity.

No condonation for wrong legal advice ground taken by commercial entity: ITAT

November 2, 2023 612 Views 0 comment Print

Explore the ITAT Hyderabad’s decision in the Kancherla Medical Services vs. DCIT case, where the delay condonation appeal was dismissed due to public interest.

Purchase of Shares in Liquidating Company Not Benami Ownership: SC

November 2, 2023 684 Views 0 comment Print

Supreme Court’s verdict on the purchase of shares in a company under liquidation and its impact on benami property ownership. Analysis of P. Eswaramoorthy vs. DCIT case.

Software eligible same rate of Depreciation as Computer System

November 2, 2023 5349 Views 0 comment Print

ITAT Chennai grants relief to Caterpillar India, allowing 60% depreciation on computer software as an integral part of computer systems. Details of the case.

ITAT Jaipur Dismisses Appeal: Non-compliance with ITD Notice

November 2, 2023 810 Views 0 comment Print

ITAT Jaipur dismisses Chiranji Lal Bairwa’s appeal due to non-compliance with ITD notice for determining land value under section 50C of Income Tax Act. Details of the case and the ruling.

Assessee Not Liable for Co-Owners’ On-Money payments: ITAT Ahmedabad

November 2, 2023 1215 Views 0 comment Print

In the case of Manish Ramanbhai Patel Vs ITO, ITAT Ahmedabad allows the appeal, emphasizing that the addition cannot be made in the hands of the assessee for on-money paid by co-owners.

Delhi HC Suspends Tax Reassessment Pending AAR Decision

November 2, 2023 1077 Views 0 comment Print

Delhi High Court’s decision in Bid Services Division (Mauritius) Ltd. Vs DCIT: Reassessment proceedings suspended pending AAR decision.

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