Chennai ITAT ruling on cash withdrawals and Section 69A

Section 2(47)(v) Income Tax Act: Possession and Capital Gains Year of Transfer

Section 2(47)(v) Capital Gains: Determining the Year of Transfer in Property Transactions Determining the exact[…]

Chennai ITAT ruling on cash withdrawals and Section 69A

ESOP Tax Relief for Employees of Startup Registered Companies

ESOP Tax Relief for Employees of Startup Registered Companies Employee Stock Option Plans (ESOPs) have[…]

ITAT ruling on Section 148 income tax penalty concealment

Bombay HC: Only Profit Element Taxable on Bogus Purchases, Not Entire Amount

Bogus Purchases: Understanding the Bombay High Court’s Landmark Ruling on Taxable Profit Elements In the[…]

ITR-4 Sugam: Mandatory Investment Disclosure for Presumptive Tax Filers

Significant Changes in ITR-4 Sugam: Mandatory Investment Disclosure for Presumptive Tax Filers for FY 2025-26[…]

Taxation of Agricultural Land Classification and Capital Asset Status

Is Your Land Truly a Capital Asset? Understanding the Exemption of Agricultural Land In the[…]

Guide for ITR filing for salaried taxpayers in AY 2026-27

Assessment Invalid if Material Not Shared or Cross-Examination Denied: ITAT Mumbai Reaffirms Natural Justice Rule

No Cross-Examination, No Case: ITAT Mumbai Reaffirms Principles of Natural Justice In a landmark ruling[…]

Complete Guide to TAN Forms 134 and 135: Features and Benefits

The Evolution of TAN Registration: Transitioning from Form 49B to Forms 134 and 135 In[…]

CBDT guidelines for compulsory scrutiny of ITRs FY 2026-27

ITAT Remands Rs 1.57 Cr NRE Deposit Addition for Proper Evidence Examination

ITAT Overturns ₹1.57 Crore Addition: The Critical Role of NRE Account Evidence in Income Tax[…]

Section 54F exemption relief for construction delays in residential property

Taxability of Bogus Purchases: ITAT Ruling on Profit Elements and Evidence

Bogus Purchase Allegations Collapse Without Evidence: Insights from ITAT Nagpur In the evolving landscape of[…]

CBDT guidelines for compulsory scrutiny of ITRs FY 2026-27

Understanding Section 10(10D) Tax Exemption on LIC Maturity: ITAT Ruling and Eligibility Rules

Understanding Section 10(10D): Why High-Premium Life Insurance Might Lose Its Tax Exemption For most Indian[…]

New TDS Rules on Property Purchase 2026-27: Reporting System and Compliance Guide

The New Era of TDS on Property Purchases: Navigating Section 194-IA under the Income-tax Act,[…]

Taxability of deemed dividend under section 2(22)(e) ruling explanation

New Form 141 and Rent TDS Rules: Complete Guide for April 2026 Transition

The Evolution of Rent TDS Reporting: Navigating Form No. 141 and Schedule A In the[…]

Madras High Court: Court Not a Platform for Settling Personal Disputes

Taxpayer Relief: ITAT Ahmedabad Rules on Bad Debts Write-off and Section 154 Rectifications In a[…]

CBDT guidelines for compulsory scrutiny of ITRs FY 2026-27

ITAT Disallows Excessive Partner Remuneration Without Extraordinary Work Proof

ITAT Upholds Disallowance on Excessive Remuneration: Analyzing the Intersection of Section 40(b) and 40A(2)(b) In[…]

Section 54F exemption relief for construction delays in residential property

Section 50C & Section 54: MOU Date vs. Registration Date | Mumbai ITAT Ruling

Section 50C & Section 54: Navigating the MOU vs. Registration Date Conflict – Insights from[…]

Mumbai ITAT ruling on DCF method versus NAV method

Form 141 TDS on Property: New Rules and Transition from Form 26QB 2026

Significant Changes in TDS on Immovable Property: Transitioning to Form 141 and Form 132 For[…]

Guide to Section 10(23C) Tax Exemptions for Educational and Medical Institutions

Comprehensive Guide to Section 10(23C) Exemption for Educational, Medical, and Charitable Institutions Section 10(23C) of[…]

ITAT Delhi: TDS Credit Denied Due to Form 26AS Mismatch is Illegal under Section 143(1)

TDS Credit Cannot Be Denied Due to 26AS Mismatch Under Section 143(1): A Landmark Ruling[…]

Guide for ITR filing for salaried taxpayers in AY 2026-27

ITAT Quashes Time-Barred Section 148 Notice for AY 2015-16 After 01.04.2021

Reopening for AY 2015-16 After 01.04.2021: Why ITAT Quashed the Section 148 Notice as Time-Barred[…]

TDS on CAM charges under Section 194C and 194-I ruling

ITAT Rules No Tax on Property Deals Within 10% Gap of DVO Value

No Tax on Property Deals Within 10% Gap: ITAT Extends Safe Harbour to DVO Valuations[…]

2026 India Tax Changes: Relief for Salaried Employees & Senior Citizen Explained

Significant Tax Reforms Effective April 1, 2026: A Comprehensive Guide for Salaried Professionals and Senior[…]

Guide for ITR filing for salaried taxpayers in AY 2026-27

Startup Tax Holiday: Eligibility Limit Raised to ₹300 Crore for Startups

The ₹300 Crore Game-Changer: Decoding the Enhanced Startup Tax Holiday under Finance Bill 2026 In[…]

CBDT guidelines for compulsory scrutiny of ITRs FY 2026-27

ITAT Rules No TDS Under Section 194-IA if Individual Buyer’s Share is Below ₹50 Lakh

ITAT Clarifies Section 194-IA Scope: No TDS Liability if Buyer’s Share is Below ₹50 Lakh[…]

Section 54F exemption relief for construction delays in residential property

Legal Requirements for Proving Interspousal Gifts and Separate Property Ownership

Gifts Between Spouses: Why Documentation Matters Under the Income Tax Act In the realm of[…]

Taxability of deemed dividend under section 2(22)(e) ruling explanation

Full Section 54 Exemption Without Capital Gain Scheme Deposit: ITAT Ruling

Full Section 54 Exemption Allowed Even Without Capital Gain Scheme Deposit: A Landmark Relief by[…]

CBDT guidelines for compulsory scrutiny of ITRs FY 2026-27

Crypto Tax India: 2026 Budget Updates & Current Laws Explained

The Evolving Landscape of Cryptocurrency Taxation in India: From Current Laws to Budget 2026 The[…]

Guide for ITR filing for salaried taxpayers in AY 2026-27

Inherited Property: Capital Gains Tax Exemptions for Legal Heirs

Owner Dies After Sale: Can the Legal Heir Claim Section 54 Capital Gain Exemption? In[…]

ITAT ruling on Section 148 income tax penalty concealment

ITAT Deletes ₹1.47 Cr Disallowance: Free Gift Scheme Validated as Business Promotion Expense

Free Gift Schemes as Valid Business Promotion: Analyzing the ITAT’s Deletion of ₹1.47 Cr Disallowance[…]

New Rules for Revised Returns: More Time to Correct at a Cost

More Time to Correct, But at a Cost: Understanding the New Updated and Revised Return[…]

CBDT guidelines for compulsory scrutiny of ITRs FY 2026-27

Advance Tax 2025: Payment Rules, Dates, and Interest Guide

Advance Tax under the Income Tax Act: A Comprehensive Guide to Compliance and Deadlines The[…]