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Recent Posts
- IMPORTANT INCOME TAX CASE LAWS 07.01.2026
- Search Assessment Invalid Without Incriminating Material; Relief on Profit Estimation and Seized Cash
- CSR Donations Eligible for 80G; Steam Generation Not ‘Power’ for 80-IA; Guarantee Fee Benchmarked at 0.5%
- Long-Term Capital Gains from “Penny Stocks” Accepted as Genuine Due to 7-Year Holding Period and Lack of Adverse Evidence
- CSR Donation Valid for 80G; Section 50 Blocks Capital Loss if Asset Remains; Excess Stock Explained by Timing Difference
- PCIT’s Revision Order Quashed: AO’s View on Goodwill Depreciation and Loss Carry Forward Upheld
- Exemption Under Section 10(23BBA) Applies to Statutory Administrative Bodies, Not the Temples Themselves
- ITAT Chandigarh Allows Section 87A Rebate on Long-Term Capital Gains from Debt Mutual Funds
- Karnataka HC Quashes ECL Blocking Without Hearing & Reasons
- Tripura HC: Bona Fide Purchaser Not Liable for Supplier’s Default to Deposit GST
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