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[…]

Calcutta High Court Grants Relief: 7-Day Delay Cannot Defeat Carry Forward of Losses In a[…]

TDS on Commission: Transition from Section 194H to 393 The landscape of Indian taxation is[…]

Delhi HC Orders Xiaomi to Furnish ₹272 Crore SEP Security The Delhi High Court has[…]

Capital vs Revenue Receipt: When Does Money Become Taxable? In the world of income tax[…]

Rule 46(8): Mandatory Daily Backup of Digital Books In the evolving landscape of digital governance,[…]

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

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

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

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

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