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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...
Income Tax Act 2025 replaces 1961 law, simplifying tax concepts, introducing a single Tax Year, and using modern, user-friendly formats for better clarity and compliance.
The Rajasthan High Court, citing prior judgments, invalidated a reassessment notice under Section 148 of the Income Tax Act because it was issued by a Jurisdictional Assessing Officer instead of the designated Faceless Assessing Officer.
Read how the Rajasthan High Court handled a technical objection by the tax department. The court ruled that an application for the release of seized items should not be rejected due to a missing word in the address, emphasizing the need for diligent processing by officials.
ITAT Bangalore allows a company to claim a deduction under Section 80G for a CSR donation, ruling that disallowance under Section 37 does not bar benefits under Chapter VIA.
ITAT Delhi dismisses the Revenue’s appeal against Delhi Transco, affirming that income recognition can be postponed when collection is uncertain.
ITAT Delhi remands a tax case to the Assessing Officer, ruling that the denial of cross-examination and the rejection of donor evidence without independent verification were legally unsustainable.
ITAT Delhi dismisses Revenue’s appeals, affirming CIT(A)’s decision to reduce commission income estimation for SNW Smith Consultants Pvt. Ltd. based on group settlement and lack of specific incriminating material.
ITAT Delhi rules a reassessment void, holding that the Section 148 notice was issued beyond the statutory limitation period, citing Supreme Court and High Court precedents.
ITAT Delhi quashes search assessments, ruling that a consolidated approval under Section 153D for multiple years is invalid and demonstrates a lack of independent application of mind.
The ITAT Delhi quashes search assessments against Minda Corporation, ruling that a mechanical, consolidated approval under Section 153D was invalid and failed to meet statutory requirements.
