Income Tax

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December 12, 2025

HC Quashes Reassessment Based on Borrowed Satisfaction Without Live Link

Case Details: Mita Ashish Desai … Continue reading “HC Quashes Reassessment Based on Borrowed Satisfaction Without Live Link”

Blog, News, Income Tax

December 11, 2025

Capital Asset vs Business Asset – Why Classification Matters in Taxation

Deepak Kakkar, Sushil Sharma & … Continue reading “Capital Asset vs Business Asset – Why Classification Matters in Taxation”

Blog, News, Income Tax

December 10, 2025

[Opinion] Limitation On the Power to Set Aside Matter for Fresh Determination

Ramesh Chander – [2025] 181 taxmann.com … Continue reading “[Opinion] Limitation On the Power to Set Aside Matter for Fresh Determination”

Blog, News, Income Tax

December 10, 2025

Joint Ownership in Residential Property Doesn’t Bar Section 54F Exemption | ITAT

Case Details: Kusum Sahgal vs. … Continue reading “Joint Ownership in Residential Property Doesn’t Bar Section 54F Exemption | ITAT”

News, Blog, Income Tax

December 9, 2025

HC Quashes Prosecution for Delayed Self-Assessment Tax Payment

Case Details: Vilas Babanrao Kalokhe … Continue reading “HC Quashes Prosecution for Delayed Self-Assessment Tax Payment”

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December 8, 2025

HC’s Clarification Wasn’t a Finding or Direction to Trigger Section 153(6) | HC

Case Details: Shell India Markets … Continue reading “HC’s Clarification Wasn’t a Finding or Direction to Trigger Section 153(6) | HC”

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December 6, 2025

Reassessment Notice Upheld When Heirs Ignore Death Intimation | HC

Case Detail: Gowthaman S vs. … Continue reading “Reassessment Notice Upheld When Heirs Ignore Death Intimation | HC”

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December 5, 2025

No Penalty for Partial Section 54F Disallowance Due to Missing Bills | ITAT

Case Details: Abdul Jabbar Jaheer … Continue reading “No Penalty for Partial Section 54F Disallowance Due to Missing Bills | ITAT”

Blog, News, Income Tax

December 4, 2025

CBDT Notifies Shree Balakrishna Lalji Temple for Section 80G Exemption

Notification No. 166/2025, dated 03-12-2025 … Continue reading “CBDT Notifies Shree Balakrishna Lalji Temple for Section 80G Exemption”

Blog, News, Income Tax

December 4, 2025

Trust Providing Financial Aid to Students Eligible for Section 80G Even if Students Study Abroad | ITAT

Case Details: R. Mangaldas Charitable … Continue reading “Trust Providing Financial Aid to Students Eligible for Section 80G Even if Students Study Abroad | ITAT”