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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 Telangana High Court held that recovery proceedings under Section 226(3) cannot automatically extend to a daughter's bank acco...
Income Tax : The Court held that an employer acting in accordance with interim judicial directions restraining TDS deduction cannot be treated ...
Income Tax : ITAT Ahmedabad held that a bank could not be treated as an assessee in default for non-deduction of TDS on LFC payments when it ac...
Income Tax : The Telangana High Court held that an assessee cannot file an updated return under Section 139(8A) once assessment proceedings hav...
Income Tax : The Department argued that Section 292BC validated the approval despite alleged deficiencies, but the Tribunal rejected this conte...
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...
Delhi ITAT sets aside a reassessment order against Jaivir, ruling that the AO’s use of a repealed section (147(a)) shows a lack of application of mind, rendering the notice
The ITAT Delhi has ruled that PCIT’s Section 263 revision orders against Ambience Developers were invalid. The Tribunal found the AO’s assessment orders were neither erroneous nor prejudicial to revenue, citing consistency and proper inquiry.
Delhi ITAT rules in favor of Humana People to People India, confirming its microfinance activities are charitable and eligible for tax exemptions.
Delhi ITAT rules in favor of Sai Man Education Society, deleting a Rs.26 lakh tax addition on a corpus donation and clarifying the application of Section 115BBE.
Understanding the difference between legal tax avoidance and illegal tax evasion in India, including their implications and measures to curb them.
Understand your rights during tax surveys and searches under Sections 133, 133A, and 132 of the Income-Tax Act, 1961, with insights on statutory and constitutional safeguards.
A guide for tax professionals on how to respond to a Section 131 income tax notice, covering legal procedures, best practices, and avoiding penalties.
This document provides an in‑depth, practitioner‑level treatment of replies to notices issued under Section 142(1) of the Income‑tax Act, 1961.
Understand PGBP taxation in India: scope, deductions, presumptive schemes, and judicial interpretations under the Income-tax Act, 1961. Essential for entrepreneurs and professionals.
Karnataka High Court held that for AY 2014-2015, assessee couldn’t be classified as wholesale trader as both the specified conditions are not satisfied. Accordingly, in terms of notification no. 30/2013 tolerance range of 3% to be adopted.
