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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...
ITAT Surat dismisses Shree Infra’s appeal, affirming PCIT’s directive for fresh assessment on deemed rental income from unsold stock-in-trade flats under Section 23(5) for A.Y. 2018-19.
ITAT Delhi has deleted a ₹3.92 crore tax addition against I.P. Constructions, finding that Assessing Officer’s calculation of project completion percentage was based on an arithmetic error.
ITAT Pune ruled that interest from deposits in cooperative banks is eligible for deduction under Section 80P of Income Tax Act, treating them as cooperative societies.
The Jammu & Kashmir High Court ruled against the imposition of a penalty on Reliance Jio for bypassing a commercial check post, stating the Entry Tax Act lacks a specific provision for such an offense.
The ITAT Kolkata has ruled that a ₹4.20 crore addition made under Section 143(1) is invalid because the tax authorities failed to issue a prior show cause notice.
What counts as “being in business” in India? When does advisory work cross the line into a taxable presence? The Hyatt International ruling is more than just another tax dispute. It is a clear reminder that in international taxation, substance prevails over form. The Supreme Court upheld the Delhi High Court’s finding that Hyatt International […]
ITAT Ahmedabad has removed a Rs. 52.91 lakh tax addition on a land purchase, citing unreliable evidence from a draft Memorandum of Understanding (MOU).
ITAT Nagpur sets aside an ex-parte CIT(A) order for assessment year 2017-18, imposing Rs. 10,000 cost on the assessee for chronic procedural delays and non-compliance.
Mumbai ITAT deletes income additions for Asha Bhadra in penny stock case, citing SEBI report and judicial precedents confirming genuine share transactions.
Delhi High Court directs acceptance of Acuity KP Solutions’ tax return and refund, citing time-barred assessment proceedings after ITAT’s 2012 remand order.
