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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 Nagpur has condoned a 510-day delay in an income tax appeal, finding the assessee’s reasons, including email oversight, illiteracy, and communication gaps, to be genuine. The case is remitted for merits-based adjudication.
Raipur ITAT remands Maa Harsiddhi Infra Developers’ appeal to CIT(A) for re-adjudication, citing natural justice despite non-compliance with tax notices.
The Jammu & Kashmir High Court has ruled that a Schedule Tribe member’s income is not exempt under Section 10(26A) if the source is not from the specified Ladakh region. The court upheld a tax assessment on Mehmood Askari, finding he failed to prove his residency and income source from the exempted area.
The Allahabad High Court has granted bail to Kumari Chandani Chauhan, accused in an Income Tax job fraud case, without expressing an opinion on the merits. The decision considers the presumption of innocence, period of detention, and the nature of accusations, with conditions.
The ITAT Delhi has deleted a protective addition of ₹15.23 crore against Surya Vanijya P. Ltd., ruling against double taxation as the income was already assessed in the beneficiary’s hands. However, an addition for commission income was upheld.
The ITAT Chandigarh has remitted a ₹3.1 crore tax case involving sales and purchases back to the CIT(A). The decision came after both the AO and CIT(A) issued ex-parte orders without adjudicating the issue on merits, denying the assessee adequate hearing.
The ITAT Surat has remanded an appeal by Pankajbhai Devrajbhai Soliya to the CIT(A) for merits-based adjudication, citing an inadvertent email oversight as the cause for delay, imposing a ₹15,000 cost on the assessee.
The ITAT Ahmedabad has upheld the disallowance of Long Term Capital Gains (LTCG) exemption on penny stock transactions for Chimanbhai Chhaganbhai, deeming them bogus. A cash credit addition is remitted for re-examination.
The ITAT Surat has ruled that Section 11 & 12 exemptions cannot be denied solely due to a trust’s delayed registration, remitting Koteshwar Mahadev Public Trust’s case for fresh assessment.
The ITAT Indore has remanded the case of Mahavir Yuva Sarva Trust back to the CIT (Exemption) for re-evaluation of its application for permanent registration under Section 12AB.
