ITAT Chennai Rules Section 50C Cannot Reduce Section 54F Exemption A significant judgment by the[…]

ITAT Mumbai on Section 54F Exemption for Spousal Property In a landmark ruling that clarifies[…]

Section 50C Addition Invalid Without DVO Reference In the complex landscape of real estate taxation,[…]

TDR Received for Land Surrender Taxable as Capital Gains The taxation of Transferable Development Rights[…]

Foreign Assets Disclosure Scheme Rules 2026 for Taxpayers The Central Board of Direct Taxes (CBDT)[…]

TDS on CAM Charges: Section 194C vs 194-I Delhi ITAT Ruling The classification of payments[…]

ITAT: Cash Withdrawals Not Unexplained Money Under Section 69A The Chennai bench of the Income[…]

Validity of Section 143(2) Notice Without Scrutiny Type The validity of a notice issued under[…]

Section 54F Exemption Relief for Construction Delays In a landmark ruling, the Telangana High Court[…]

Telangana High Court Restores Section 115BAA Benefit In a significant development for corporate taxpayers, the[…]

Ahmedabad ITAT Cancels Section 270A Penalty on Donations The Income Tax Department often takes a[…]

Reassessment Invalid if Original Reason for Reopening Fails The powers of the Income Tax Department[…]

Section 54F Relief for Extension of Existing House Section 54F of the Income Tax Act[…]

ITAT Rules Business Expense Allowed Despite Nil Sales The Income Tax Appellate Tribunal (ITAT) Kolkata[…]

CBDT Mandates Foreign Assets Data in AIS and Form 26AS The landscape of tax compliance[…]

TDS on Rent Over Rs 50000 under Section 194-IB Managing rental payments for residential or[…]

Applying Section 69C to Alleged Bogus Purchases In the complex landscape of income tax assessments,[…]

ITAT Rules No Penalty if Income in Section 148 is Accepted A common concern among[…]

ITR Filing for Salaried Taxpayers in AY 2026-27 As the deadline of 31st July 2026[…]

Presumptive Taxation vs Stamp Duty Valuation ITAT Ruling The interaction between different deeming provisions in[…]

Section 54 Deduction for Jointly Owned Property When selling a residential property and reinvesting in[…]

ITAT Chandigarh Ruling on Section 54 Construction Cost The Chandigarh Bench of the Income Tax[…]

CBDT Guidelines for Compulsory Scrutiny of ITRs in FY 2026-27 The Income Tax Department is[…]

ITAT Deletes Disallowance on Business Expenditure for Assessee In a significant ruling for taxpayers and[…]

Taxability of Deemed Dividend Under Section 2(22)(e) The concept of deemed dividend under Section 2(22)(e)[…]

ITAT on Section 41(1) and Sundry Creditor Transfers The intersection of accounting entries and tax[…]

CBDT Clarifies Form 61 Filing for NJA Transactions The Central Board of Direct Taxes (CBDT)[…]

ITAT: AO Cannot Replace DCF Method with NAV Method In a landmark judgment that provides[…]

ITAT Hyderabad Deletes ₹14.16 Crore Addition In a landmark judgment that provides significant relief to[…]

Impact of Finance Act 2023 on Angel Tax and Rule 11UA The landscape of startup[…]