Income Tax

Blog, News, Income Tax

February 11, 2026

Grounds can’t be raised for first time before High Court if same was never raised before Tribunal: HC

Case Details: PCIT v. Surya … Continue reading “Grounds can’t be raised for first time before High Court if same was never raised before Tribunal: HC”

Blog, News, Income Tax

February 23, 2026

Can GAAR Override DTAA?

Mayank Mohanka – [2022] 135 … Continue reading “Can GAAR Override DTAA?”

Blog, News, Income Tax

February 15, 2022

Society is eligible for a basic exemption of Rs. 50000 on income not eligible for deduction under section 80P: ITAT

Case Details: Baroda Citizen Community … Continue reading “Society is eligible for a basic exemption of Rs. 50000 on income not eligible for deduction under section 80P: ITAT”

Blog, News, Income Tax

February 17, 2026

SC issued notice against SLP filed against ruling of HC justifying only 2% addition on huge sum deposited in Bank

Case Details: PCIT v. Shitalben … Continue reading “SC issued notice against SLP filed against ruling of HC justifying only 2% addition on huge sum deposited in Bank”

News, Blog, Income Tax

February 25, 2026

Budget 2022: Insight on proposed disallowances

Yogesh Shah, Vimal Desai & … Continue reading “Budget 2022: Insight on proposed disallowances”

Blog, News, Income Tax

February 16, 2026

Rental earned from P&M given on lease under rehabilitation scheme is taxable as business income: HC

Case Details: CIT v. Premier … Continue reading “Rental earned from P&M given on lease under rehabilitation scheme is taxable as business income: HC”

Blog, Income Tax

July 6, 2023

Set off & Carry Forward of Losses | Section 70 to 80 | Income Tax Case Laws

Table of Contents 1. Intra … Continue reading “Set off & Carry Forward of Losses | Section 70 to 80 | Income Tax Case Laws”

Blog, Income Tax

April 24, 2023

TDS on the Sale of Property; FAQs on Deduction of TDS by Transferee of Immovable Property

TDS on sale of property … Continue reading “TDS on the Sale of Property; FAQs on Deduction of TDS by Transferee of Immovable Property”

Blog, News, Income Tax

February 16, 2026

A Gift amount can’t be doubted just because donor’s returned income is insufficient to justify it: ITAT

Case Details: Kushal Virendra Tandon … Continue reading “A Gift amount can’t be doubted just because donor’s returned income is insufficient to justify it: ITAT”

Blog, News, Income Tax

February 24, 2026

Cess: Can a retrospective amendment be detrimental to assessee is good in law?

Rajat Jain – [2022] 135 … Continue reading “Cess: Can a retrospective amendment be detrimental to assessee is good in law?”