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- IMPORTANT INCOME TAX CASE LAWS 04.01.2026
- Freight Forwarder’s Form 26AS Mismatch Addition Deleted as Gross Receipts Not Entirely Income
- Final Assessment Order Passed Beyond Section 153 Time Limit in DRP Case Quashed
- Revised Return Does Not Delay Interest on Original Claim; Interest Ends on DD Issue Date
- Compounding Fee For Old Pending Case Computed Under 2008 Guidelines Not New 2024 Guidelines
- Additions Deleted as Retraction of Surrender Validly Supported by Books Vouchers and Bank Withdrawals
- Co-insurance Fees Allowed Without TDS and Computer Peripherals Treated as Revenue Expenditure
- Allocation Method Upheld but Excise Refund Taxed; MAT Indexation Allowed
- AO’s Failure to Verify Depreciation on Impaired Goodwill Justifies Revision Under Section 263
- Interest Income Earned from Staff Loans and Advances is Taxable as Business Income
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