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Income Tax : The Income Tax Department is using AI, data analytics, AIS, and PAN-based verification to identify incorrect HRA exemption claims....
Income Tax : The revised ITR-4 requires mandatory disclosure of the year-end business bank balance and introduces a new investments field. The ...
Income Tax : Know the income tax appeal process, hierarchy, filing procedures, timelines, powers of appellate authorities, and departmental app...
Income Tax : From April 1, 2026, PAN holders travelling abroad must submit Form 156 under the Income-tax Act, 2025. Learn the filing process an...
Income Tax : The article explains that tax responsibilities do not end with a taxpayer’s death. Legal representatives must file pending retur...
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 ITAT Delhi held that the assessee could not claim deduction under Section 54 for the first time before the Tribunal when it ha...
Income Tax : ITAT Delhi held that cash deposits recorded in audited books and linked to disclosed business transactions could not be taxed unde...
Income Tax : ITAT Mumbai held that Compulsorily Convertible Debentures could not be treated as equity merely to deny interest deductions. The T...
Income Tax : ITAT Ahmedabad held that a taxpayer cannot avoid responsibility for earlier failures to respond merely because the final notice wa...
Income Tax : The ITAT found inconsistencies in the selection and rejection of comparable companies for determining the arm’s length price of ...
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 Hyderabad remands Sunil Jayantilal Sachdev case for fresh assessment after NFAC confirmed AO’s action without considering taxpayer’s submissions.
ITAT Ahmedabad directs CIT(A) to reconsider penalty appeal of Shreenath Corporation, emphasizing delay condonation and pending quantum proceedings.
Kerala High Court directs reinstatement of appeal for Arun Vijayan Pillai Vijai, allowing him one week to cure defects and have the appeal decided on merits.
ITAT Chennai dismisses the appeal of Fulcrum Venture India for AY 2018-19, granting liberty to reinstate if the Vivad Se Vishwas Scheme application is not accepted.
ITAT Kolkata allows Smt. Alka Jain’s appeal for statistical purposes, directing AO to reconsider assessment with new evidence, acknowledging pregnancy-related delays in submitting documents.
ITAT Bangalore cancels ex-parte order in Namtech Electronics Ltd case due to non-compliance with notices, providing another chance to represent before the AO.
ITAT Bangalore remits Saiganapath Hotel’s appeal for AY 2012-13 to CIT(A) after the assessee missed notices due to ongoing litigation with SBI.
Kerala High Court sets aside Section 148 order and notice, directing fresh consideration of the petitioner’s reply with an opportunity for a hearing.
ITAT Bangalore remits Rs. 2.24 crore capital introduction issue to AO for fresh consideration, with costs and direction for submission of evidence.
ITAT Kolkata confirms statements recorded during surveys under Section 133A cannot justify additions without corroborating evidence. Learn more about this landmark decision.
