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ITAT Raipur Quashes Tax Reassessment Over Notice Period Violation
ITAT Raipur quashed an income tax reassessment because the statutory notice under Section 148A(b) provided only six days for a reply instead of seven.
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Tax Audit Report Due 21 October 2026: Essential Filing Checklist
Prepare for the 21 October 2026 tax audit report deadline with our essential checklist. Ensure accurate filing based on CBDT orders and taxpayer categories.
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Examining Section 149 Limitation and ITAT Delhi Ruling in Manoj Garg v DCIT
Analyze the ITAT Delhi ruling in Manoj Garg v DCIT regarding Section 149 limitations, Section 148A(b) replies, and the seven-day extension rule.
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Comprehensive Annual ROC Filing Checklist for FY 2025-26
Ensure compliance with our complete annual ROC filing checklist for FY 2025-26 covering AOC-4, MGT-7, board reports, and AGM deadlines.
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ITAT Grants Section 54B Relief for Agricultural Land Purchases
Discover how the ITAT allowed a Section 54B tax deduction of Rs 15.22 lakh for purchasing agricultural land prior to the official sale deed.
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Understanding Share Trading Income: Capital Gains Versus Business Income
Learn how share trading income is taxed as capital gains or business income under CBDT Circular 6/2016 and the Income-tax Act.
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TDS Challan Paid for Wrong Tax Year: Income Tax Department Clarifies Utilisation
Learn how the Income Tax Department handles TDS challans paid for the wrong tax year with the plus minus one year utilisation and TRACES correction facility.