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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 Delhi has sent back a case involving disallowances for contingent liability and delayed EPF contributions for re-verification, citing judicial precedents.
Delhi ITAT orders fresh consideration for Krishnavi Charitable Trust’s 12A registration application, pending trust deed modification and providing a fair hearing.
Delhi ITAT sets aside additions, orders re-examination of Rs. 2.5 crore unsecured loans and Rs. 1.66 crore property advances for AY 2010-11 and 2011-12.
ITAT Kolkata sets aside tax demand on Cossimbazar Trust, ruling that income application (expenditure) must be considered under Section 143(1) for registered trusts.
Awadh Public School’s appeal dismissed by ITAT Lucknow due to 3299-day “unjustified delay” in filing, despite claims of counsel oversight.
The ITAT Delhi has deleted a Rs. 96.62 lakh penalty imposed on Pawan Kumar Gupta, ruling that Section 271(1)(c) is not applicable to additions based on estimated income.
ITAT Pune rules discretionary trusts pay surcharge at slab rates, not 37% maximum on dividend income, reversing CPC and CIT(A) orders.
Madras High Court sets aside an assessment order against Shiva Texyarn Ltd., citing natural justice violation as a granted virtual hearing was not provided.
Delhi High Court rules in favor of Square Vision India Pvt Ltd, condoning a one-day delay in ITR filing for AY 2016-17, citing genuine hardship and setting aside PCIT’s rejection.
TAT Pune ruled on Hotel Ayodhya’s appeal, clarifying that unabsorbed depreciation can be set off against income from other sources, overturning lower tax authorities’ decisions.
