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Gujarat High Court Rules on Income Tax Reassessment Appeals
Explore the Gujarat High Court ruling on income tax reassessment appeals when recorded reasons yield no additions under Section 147.
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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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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 Delhi Rules Documented Purchases Valid Despite Later GST Cancellation
ITAT Delhi holds that documented purchases cannot be treated as bogus solely due to the subsequent cancellation of the supplier's GST registration.
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Punjab and Haryana High Court Upholds Section 54F Exemption for Jointly Owned Property
Discover how the Punjab and Haryana High Court ruled on Section 54F tax exemptions when capital gains are invested in a jointly owned residential house.
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ITAT Raipur Upholds Deletion of Rs 1.15 Crore Section 68 Addition on Repaid Loans
ITAT Raipur confirms deletion of Rs 1.15 crore Section 68 addition and interest disallowance after verifying loan repayments.