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Comprehensive Guide to Tax Audit Under Section 44AB for FY 2025-26
Learn about Section 44AB tax audit limits, forms, deadlines, and penalties for FY 2025-26 to ensure full compliance for your business.
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ITAT Chandigarh Quashes Time-Barred Section 148 Notice for AY 2015-16
ITAT Chandigarh sets aside a time-barred Section 148 notice issued on April 1, 2022, for assessment year 2015-16, invalidating related penalties.
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ITAT Delhi Invalidates 2022 Section 148 Notice for Assessment Year 2015-16
Learn how ITAT Delhi recently quashed a Section 148 notice issued in April 2022 for the 2015-16 assessment year, rendering proceedings invalid.
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Orissa High Court Upholds ITAT Decision on Section 68 Additions in Unabated Assessments
Learn how the Orissa High Court upheld the deletion of Section 68 additions for unabated assessment years lacking incriminating search material.
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ITAT Restores Property Capital Gain Assessment And Penalty
ITAT Ahmedabad restores a 2.10 crore property capital gain assessment and 69.45 lakh penalty for de novo computation and thorough verification.
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Income Tax Tribunal Remands Rs 1.09-Crore Cash Addition and Sets Aside Penalty
Income Tax Appellate Tribunal in Agra remands a Rs 1.09-crore cash addition for fresh review and deletes the consequential penalty under section 271AAC.
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ITAT Chandigarh Rules DVO Valuation Estimate Cannot Justify Section 69 Addition
Learn how ITAT Chandigarh deleted a ₹2.12 crore Section 69 addition, ruling that a DVO estimate alone cannot prove unexplained investments.
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ITAT Rules Incomplete Trust Deed Does Not Cancel Section 12AB Registration
ITAT Chandigarh orders a fresh examination for Section 12AB registration after a trust submitted its complete trust deed and relevant documents.
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ITAT Agra Rules Online Gaming Buy-Ins Exceeding Winnings Constitute Loss Under Section 115BB
ITAT Agra deletes Rs 1.21 crore online gaming tax addition, ruling that buy-ins exceeding gross winnings result in a net loss rather than taxable income.
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Consumer Protection Case Filed Against Housing Finance Firm Over Loan Negligence
Learn about the recent consumer protection complaint regarding professional negligence and hidden property encumbrances during a commercial loan process.