CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...
Income Tax : The Income-tax Act does not prescribe a single definition of "relative" for all purposes. Different provisions such as Sections 13...
Income Tax : Understand when 1% TDS applies on purchase of immovable property under Section 194-IA. Learn the Rs. 50 lakh threshold, compliance...
Income Tax : This guide explains when NRIs should use Form 128 and when payers should use Form 129 to reduce or eliminate excess TDS. It also c...
Income Tax : The article argues that Section 58(3) of the Income-tax Act, 2025 does not independently mandate books of account or tax audit for...
Income Tax : The issue was complexity in the existing tax law. It was clarified that the new Act simplifies structure by reducing sections and ...
Income Tax : This webinar breaks down the major structural and conceptual changes introduced in the new Income Tax Act, 2025. It helps professi...
Income Tax : The government informed Parliament that taxpayer-specific details of income tax searches cannot be disclosed due to confidentialit...
Income Tax : The Government clarified that the new income tax search provision does not expand powers or permit AI-based digital surveillance, ...
Income Tax : The representation highlights large-scale pendency and administrative bottlenecks under Sections 12AB and 80G, urging immediate re...
Income Tax : Madras HC set aside cognizance under the Income-tax Act, holding Section 223(1) BNSS mandates hearing the accused before cognizanc...
Income Tax : ITAT Mumbai quashed reassessment after finding no Section 143(2) notice and that the AO issued a final order disguised as a draft ...
Income Tax : Gujarat HC quashed a Section 148 notice, holding that a seized inquiry register without a live nexus to the assessee cannot justif...
Income Tax : Gujarat HC quashed Section 148 reassessment as it was issued beyond Section 149 limitation, holding Section 152(3) applies to sear...
Income Tax : Madras HC held that merely issuing a corrigendum acknowledging the return did not rectify the defective assessment process and ord...
Income Tax : CBDT has approved a scientific research institution under the Income-tax Act, 2025 for tax years 2026-27 to 2030-31. The notificat...
Income Tax : CBDT has approved the University of Hyderabad for scientific research under Section 45 of the Income-tax Act, 2025. The approval i...
Income Tax : The Principal Chief Commissioner of Income Tax (Exemptions) approved the company under Section 35(1)(iia) for scientific research ...
Income Tax : The government enforced a tax collection assistance agreement with Japan effective from 8 July 2025. The notification enables cros...
Income Tax : CBDT updated DIN rules to align with new provisions introduced under the Finance Act, 2026. The circular mandates DIN for most tax...
Calcutta High Court quashes Income Tax reassessment against Srei Equipment Finance, affirming IBC’s overriding effect post-resolution plan approval.
ITAT Ahmedabad dismisses Revenue’s appeal, affirming deletion of contingent liability and duplicate PF disallowance in Mahesh Mohanbhai Patel (HUF) case, citing CPC errors.
Non-compliance due to overseas employment leads to ITAT remanding Rs. 1.9 crore tax matter for fresh adjudication, offering assessee a new hearing opportunity.
ITAT Pune rules that Foreign Tax Credit is admissible even with delayed Form 67 filing, citing precedents. It also held that dividend income from the USA should be taxed at 25% as per DTAA, not 30%.
Nagpur ITAT dismisses Shri Sant Gajanan Maharaj Urban Co-operative Credit Society’s appeal against a Section 271D penalty, noting it was inadvertently filed before the Tribunal instead of the CIT(A).
Delhi High Court sends Pushpa Saluja’s appeal back to ITAT, questioning Section 68 application on alleged bogus purchases and full addition.
Awadh Public School’s appeal dismissed by ITAT Lucknow due to 3299-day “unjustified delay” in filing, despite claims of counsel oversight.
Delhi ITAT rules business expenses with genuine payments and TDS cannot be disallowed solely for payees’ lack of GST registration.
The ITAT Chennai has remanded the case of Dr. Anbu Selvan vs. ITO, involving Rs. 50.5 lakh in unexplained money, back to the Assessing Officer. The Tribunal cited the AO’s failure to specify transaction details, allowing for fresh consideration.
Pune ITAT remands Bhai Vaidya Foundation’s 12A registration appeal, granting one final opportunity to address non-compliance and correct form errors.
