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Recent Posts
- Penalty Upheld for Mis-reporting of Income Due to Unjustified Deductions.
- IMPORTANT INCOME TAX CASE LAW 02.11.2025
- Attachment Must Be Lifted After Tribunal Deletes Additions and Arrears Are Cleared.
- Penalty Recovery Stayed When Main Tax Appeal is Admitted by High Court.
- AO’s Actions in Breach of High Court Stay Order are Illegal; Refund Adjustment Invalid.
- Reassessment Notice Issued to a Deceased Person is Null and Void.
- Profit from Sale of Commercial Property Held for Six Years is Capital Gain, Not Business Income.
- AO Must Apply ‘Commercial Expediency’ to Carried-Forward Investments and Delete Disallowance.
- Budget 2026-27 : Govt. invites suggestions from trade and industry
- Prior Year’s Untaxed Income Cannot Be Added in the Current Year Under Section 68
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