ITR REFUND PROCESSING ! REASON FOR DELAY IN INCOME TAX REFUND !
ITR REFUND PROCESSING रिफंड लेने वालों के लिए बुरी खबर ! REASON FOR DELAY IN INCOME TAX REFUND !
Daily Archives: October 14, 2025
Autonomous AI Agent: CodeMender Revolutionizes Software Security with Self-Validated Patching.
Autonomous AI Agent: CodeMender Revolutionizes Software Security with Self-Validated Patching. Architecture and Core Functionality CodeMender functions as a highly sophisticated agentic system built on advanced reasoning models (like Gemini Deep Think) and robust toolchains. Multi-Agent Design and Tooling CodeMender utilizes a modular, multi-agent architecture where specialized components handle different parts of the… Read More »
Supplementary FAQs for the Finance Bill 2025
Supplementary FAQs for the Finance Bill 2025 FAQ.1: Amendment of Section 9A of the Income-tax Act, 1961 Q.1. At present what are conditions for participation or investment in the corpus of eligible investment fund by persons resident in India, as per section 9A of the Incometax Act, 1961? Ans. At present, section 9A(3)(c) of the… Read More »
ITAT Quashes Assessment as Mandatory Notice u/s 143(2) was Issued by a Different AO
ITAT Quashes Assessment as Mandatory Notice u/s 143(2) was Issued by a Different AO Brief Facts of the Case The case concerns the assessee, Yashbir Singh, for the Assessment Year 2017-18. The assessee challenged the validity of the assessment order dated 25th December 2019, on a fundamental legal ground. The core issue was a jurisdictional… Read More »
ITAT: Reassessment Notice for AY 2013-14 Issued After 1st April 2021 is Barred by Limitation
ITAT: Reassessment Notice for AY 2013-14 Issued After 1st April 2021 is Barred by Limitation Brief Facts of the Case The case involves the assessee, Manjusha Mittal, for the Assessment Year (AY) 2013-14. The Assessing Officer initiated reassessment proceedings by issuing a notice under Section 148 of the Income-tax Act on 30th July 20222. The… Read More »
ITAT: Addition u/s 69A Deleted as Property Investment was Sourced from Bank Withdrawals After a Prior Property Sale
ITAT: Addition u/s 69A Deleted as Property Investment was Sourced from Bank Withdrawals After a Prior Property Sale Brief Facts of the Case The assessee, Shanti Kumari Sharma, had made an investment of ₹7,52,060 to purchase an immovable property during the Assessment Year 2012-13. The lower tax authorities treated this investment as unexplained under Section… Read More »
ITAT: TDS on Common Area Maintenance (CAM) Charges is Deductible u/s 194C, Not as Rent u/s 194-I
ITAT: TDS on Common Area Maintenance (CAM) Charges is Deductible u/s 194C, Not as Rent u/s 194-I Brief Facts of the Case The assessee, M/s Glued Entertainment Pvt. Ltd., had leased a space in a mall and was paying monthly rent along with Common Area Maintenance (CAM) charges1. For the Assessment Year 2017-18, the assessee… Read More »
ITAT: Due Date for PF/ESI Deposit to be Verified from Actual Salary Disbursement Date
ITAT: Due Date for PF/ESI Deposit to be Verified from Actual Salary Disbursement Date Brief Facts of the Case The assessee, Alankit Limited, filed an appeal against the order of the CIT(A) which upheld a disallowance of ₹70,67,205. This disallowance was made under Section 36(1)(va) of the Income-tax Act, 1961, on account of a delay in… Read More »
ITAT: Adopts Lump-Sum Disallowance for Bogus Purchases Where Sales are Accepted; Deletes Penalty.
ITAT: Adopts Lump-Sum Disallowance for Bogus Purchases Where Sales are Accepted; Deletes Penalty. Brief Facts of the Case The assessee, Ankur Kumar Goel, filed two appeals for the Assessment Year 2012-13. The first appeal challenged the complete disallowance of purchases worth ₹34,54,339, which the lower authorities had treated as bogus. Notably, the sales figures corresponding… Read More »
ITAT: Ad-hoc Estimation of Unexplained Cash Deposits Not Sustainable; Upholds ALV Calculation Based on Inspector’s Report
ITAT: Ad-hoc Estimation of Unexplained Cash Deposits Not Sustainable; Upholds ALV Calculation Based on Inspector’s Report Brief Facts of the Case The case concerns two main issues for the Assessment Year 2017-18: the calculation of Annual Letting Value (ALV) for the assessee’s properties and an addition for unexplained cash deposits during the demonetization period. Annual… Read More »