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Income Tax : The Income-tax Act, 2025 continues the old specified professions framework without addressing longstanding classification issues. ...
Income Tax : The Supreme Court dismissed the Revenue's review petitions and reiterated that payments for off-the-shelf software do not constitu...
Income Tax : A detailed overview of limitation periods prescribed under the Income-tax Act reveals how missing statutory deadlines can lead to ...
Income Tax : Budget 2026 has extended the due dates for ITR-3, ITR-4, and revised returns, offering taxpayers greater flexibility. Understandin...
Income Tax : Relocating to Sikkim does not automatically exempt you from income tax. This article explains who qualifies under Section 10(26AAA...
Income Tax : The CBI apprehended an Income Tax Office Superintendent in Odisha after he was allegedly caught accepting a bribe for deleting a d...
Income Tax : The Income Tax Appellate Tribunal has proposed a priority disposal mechanism for appeals filed up to and including 2022 in respons...
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...
Income Tax : Association requested CBDT to rationalize CASS 2026 case selection considering the administrative burden caused by implementation ...
Income Tax : KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities ar...
Income Tax : The Tribunal held that an incomplete document recovered from an employee's laptop could not justify an addition under Section 69 w...
Income Tax : The ITAT held that once registration under Section 12AB was ultimately granted on the basis of the original application, the doctr...
Income Tax : The ITAT Chennai ruled that funds received by a Chartered Accountant for remitting clients' taxes could not be treated as unexplai...
Income Tax : ITAT Mumbai held that appellate forums can entertain additional claims even without a revised return. The matter was remanded to t...
Income Tax : The Telangana High Court held that recovery proceedings under Section 226(3) cannot automatically extend to a daughter's bank acco...
Income Tax : The CBDT has identified specific categories of taxpayers whose returns will be compulsorily selected for complete scrutiny during ...
Income Tax : The Ordinance exempts interest income and capital gains arising from Government securities for Foreign Institutional Investors and...
Income Tax : The Central Government has specified infrastructure sub-sectors from the Updated Harmonised Master List as eligible businesses und...
Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, enabling eligible donations to qualify for tax benef...
Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, allowing eligible donations to qualify for tax benef...
The ITAT Chennai has canceled a penalty against Anna University’s Institute for Ocean Management after the underlying tax addition was deleted by the CIT(A).
ITAT Chennai dismisses the Revenue’s appeal, upholding a temple’s claim for tax exemption under Section 11 despite a delayed registration and return filing for AY 2017-18.
ITAT Chennai invalidates a tax reassessment notice issued by a local officer, affirming the mandatory nature of the faceless tax regime as per judicial precedents.
The ITAT Chennai has ruled that the tax addition on a property’s stamp duty value difference must be shared equally among all joint owners.
ITAT Chennai ruled that a taxpayer isn’t obligated to prove ‘source of source’ for funds, deleting an addition on a property investment.
DCIT Vs K.Rethinam (ITAT Chennai) Loose sheets not corroborated; Partner’s Remuneration Beyond 40(b) not taxable again u/s 28(v); Alleged cash property investments fail due to retraction & lack of evidence: ITAT Chennai A search under Section 132 was conducted on 08.12.2016 in the SRS Group (including SRS Mining, a partnership firm) and on partners including […]
ITAT Chennai remands a jeweler’s case, stating that additions for unaccounted sales are not sustainable without proper stock adjustments. The margins were considered unrealistic.
ITAT Chennai has ruled that training in classical dance constitutes education under Section 2(15) of Income Tax Act 1961. This decision came after CIT (Exemptions) rejected Kalasadhanalaya 80G renewal arguing that dance training was not a charitable purpose.
ITAT Chennai clarified that structured Bharatanatyam training preserves cultural heritage and qualifies as education. Fees charged do not make it commercial. Denial of 80G approval set aside; matter remanded to CIT(E) for fresh decision.
The ITAT Pune has remanded the M.B. Patil Constructions case for re-verification of the 80-IA deduction and deemed dividend, while upholding partial relief.
