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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...
The Jammu & Kashmir High Court has stayed a tax recovery order against an assessee, directing the matter back to the Commissioner of Income Tax for a fresh review.
Tribunal directs fresh examination of alleged bogus outward expenses in transport business for AY 2014-15, citing careful analysis by CIT(A).
The Income Tax Appellate Tribunal (ITAT) Kolkata dismisses the revenue appeal against Uniglobal Papers Pvt. Ltd affirming that additions to a completed assessment cannot be made without incriminating evidence found during a search. The decision relies on the Supreme Court precedent in CIT v. Abhiser Buildwell (P) Ltd.
The ITAT Mumbai has ruled that a reassessment notice issued beyond three years is invalid if it is not sanctioned by the correct senior authority, quashing the proceedings.
The Income Tax Appellate Tribunal (ITAT) in Mumbai dismissed an appeal by the Income Tax Department against an assessee, upholding the deletion of an addition of over Rs. 4.24 crore.
The ITAT in Rajkot reduced a penalty against a taxpayer from ₹30,000 to ₹10,000, ruling that a single penalty should be levied for multiple non-compliances that occurred during the same proceedings.
ITAT Bangalore deletes ₹150+ crore additions, quashing assessment due to lack of incriminating material and multiple jurisdictional defects in the proceedings.
ITAT Bangalore condones a 224-day delay in an unexplained cash deposit case, remitting it to the AO for a fresh assessment with a token penalty.
ITAT Bangalore remits a trust’s 80G approval case back to the CIT(E), citing a violation of natural justice for rejecting the application without a proper hearing.
Bangalore ITAT rules large companies like Infosys BPM & Tech Mahindra cannot be comparables for small captive service providers. Loss set-off also directed.
