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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 Kolkata allows Mintu Mallick’s appeal, remanding the case to the AO. It directs re-computation of income using the correct turnover figure available on record.
Kolkata ITAT rules refunded advances not taxable income in Lahoti India Ltd. case, overturning a ₹1 crore addition and setting a precedent.
ITAT Kolkata condones 148-day delay in Sandeep Prasad’s appeal citing medical grounds and legal oversight, remanding case to CIT(A) for fresh merits review.
Chhattisgarh High Court voids Section 263 revision order against Shilphy Steels, ruling it invalid due to lack of reasonable hearing opportunity for the assessee.
ITAT Surat rules Section 11 exemption for trusts cannot be denied solely for late Form 10B filing if submitted before the 143(1) order, citing multiple judicial precedents.
Madras High Court condones 544-day income tax appeal delay for Limras Lottery & Trading Company Pvt Ltd, citing business closure and counsel’s COVID-19 death.
Delhi High Court rules Common Area Maintenance (CAM) charges fall under TDS Section 194C (works contract), dismissing Revenue’s appeal for Section 194-I (rent) in a landmark decision.
ITAT Mumbai remands Deepak Kumar Chaturvedi’s appeal, directing AO to verify exempt allowance disallowance due to Form 16 and 26AS mismatch caused by employer error.
The ITAT Mumbai has set aside a deemed dividend order against Yashvardhan Gokuldas Binani, allowing re-examination of a loan as a commercial transaction, citing non-compliance.
ITAT Chennai has set aside an ex-parte tax order for Benit & Co. – Electronics Pvt. Ltd., citing notices sent to a spam folder. The case is remanded for a fresh hearing, upholding natural justice.
