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ITR-3 for AY 2026–27 Now Available on Income Tax e-Filing Portal; Online Filing and Excel Utility Enabled

Taxpayers and tax professionals can now begin preparing their income tax returns for Assessment...

Excess Royalty Refunded Under APA Cannot Be Taxed: Bombay High Court

The Bombay High Court has held that excess royalty refunded under Advance Pricing Agreement...

No ‘On-Money’ Addition Solely Based on Unsigned Excel Sheet Found from Third Party: ITAT 

The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has held that additions...

Reassessment Notice Issued Beyond ‘Surviving Time’ Limit Under TOLA Quashed: Gujarat HC

The Gujarat High Court has quashed a reassessment notice issued under Section 148 and...

Wrong Selection of S. 10(23C) Instead of S. 12AB Requires Fresh Examination Under CBDT Circular: Kerala High Court

The Kerala High Court has held that the wrong selection of section 10(23c) instead...

Pre-29 March 2022 Faceless Reassessment Orders Valid: ITAT 

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) had upheld the validity...

Gains from Strategic Investments and Venture Capital Funds Taxable as Capital Gains, Not Business Income: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that gains...

ITAT Restores Ex Parte Reassessment Case After 1-Year Delay Subject To  Deposit Of Rs. 15K

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has condoned a delay...

Leave Encashment Earned During Central Government Service Eligible for Full Tax Exemption: CIT(A) [READ ORDER]

A significant relief has been granted to a retired Bharat Sanchar Nigam Limited (BSNL)...

CA Can’t Be Taxed on Client Funds Used for Statutory Payments: ITAT Deletes Rs. 29.87 Crore Addition

The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has held that CA can’t...

Latest articles

Higher Exam Marks Can’t Cure Missing Essential Qualification: Supreme Court

The Supreme Court has held that higher marks in a recruitment examination cannot compensate...

PMLA | Failure To Expressly Address Every Written Submission Doesn’t Violate Natural Justice If Fair Hearing Is Given: Karnataka HC

The Karnataka High Court has dismissed two writ petitions filed by JSW Steel Limited...

ED Can Continue Money Laundering Probe After Filing Complaint Without Prior Court Permission Before Charges Are Framed: Calcutta High Court

The Calcutta High Court has dismissed a petition challenging further investigation by the Enforcement...

No Pre-Deposit For Disputed GST Interest-Only Appeal; Customer’s Non-Payment Can’t Stop Interest Liability: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru Bench, has held that an...