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Recent Posts
- INCOME TAX CASE LAWS 13.05.2026
- Assessment Notice Quashed as Approval by Principal Commissioner Instead of Higher Authority Beyond Three Years Is Fatal
- High Court Sustains Reassessment as Brief Approval Language Satisfies Mandatory Jurisdictional Sanction Requirements under Section 151
- Assessment Order Passed by Authority Lacking Pecuniary Jurisdiction Is Legally Void and Ab Initio Invalid
- Presumptions from Third-Party Seized Documents and Procedural Mandates for Post-2021 Search Assessments Favor Taxpayer Relief
- Additions Based on Third-Party Loose Papers and Incorrect Post-Search Assessment Procedures Are Legally Sustainable
- 100 Percent Addition for Bogus Purchases Is Sustainable Only at 6 Percent Based on Precedent
- Reassessment Under Section 148 Quashed as Assessing Officer Cannot Re-Litigate Issues Already Annulled by CIT(A)
- Exchange of Old Flat for New in Redevelopment Does Not Attract Section 56(2)(x) Tax Liability
- Retrospective Applicability of 10% Tolerance Band Under Section 50C and Indexation from Acquisition Date Upheld
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