Income Tax

News, Blog, Income Tax

February 24, 2026

First year completion of faceless assessment regime – Hit or a miss, the journey so far

Arjun Khandelwal & Rahul Valiramani … Continue reading “First year completion of faceless assessment regime – Hit or a miss, the journey so far”

Blog, News, Income Tax

February 12, 2026

No sec. 43B disallowance if interest was recovered by debiting cash credit account of assessee: ITAT

Case Details: Iceberg Foods Ltd. … Continue reading “No sec. 43B disallowance if interest was recovered by debiting cash credit account of assessee: ITAT”

Blog, News, Income Tax

February 24, 2026

Critical appraisal of penal provisions of Income-tax Act, 1961

V. K. SUBRAMANI – [2021] … Continue reading “Critical appraisal of penal provisions of Income-tax Act, 1961”

Blog, News, Income Tax

December 27, 2021

ITAT defines meaning of ‘set aside’; AO can’t do fresh assessment if assessment order was set aside by ITAT

Case details: Jaya Prakash v. … Continue reading “ITAT defines meaning of ‘set aside’; AO can’t do fresh assessment if assessment order was set aside by ITAT”

Blog, News, Income Tax

February 16, 2026

No writ can be filed against assessment order which was pending for consideration before Appellate Authority: HC

Case Details: Agrawal Global Infratech … Continue reading “No writ can be filed against assessment order which was pending for consideration before Appellate Authority: HC”

Blog, News, Income Tax

February 12, 2026

Madras HC directs AO to consider refund claim application filed by assessee after 6 years

Case Details: R. Pannerselvam v. … Continue reading “Madras HC directs AO to consider refund claim application filed by assessee after 6 years”

Blog, News, Income Tax

February 24, 2026

Allowability of Education cess – Puzzle for judiciary, dilemma for taxpayers

Kinjesh Thakkar & Saurav Gada … Continue reading “Allowability of Education cess – Puzzle for judiciary, dilemma for taxpayers”

News, Blog, Income Tax

February 24, 2026

Direct Tax collections for Financial Year 2021-22 increase by more than 60%: CBDT

Press Release, dated 17-12-2021 The … Continue reading “Direct Tax collections for Financial Year 2021-22 increase by more than 60%: CBDT”

Blog, News, Income Tax

December 24, 2024

Services provided in relation to operational, accounting, training and recruitment etc. couldn’t be treated as FTS : ITAT

Case Details: Inter Continental Hotels … Continue reading “Services provided in relation to operational, accounting, training and recruitment etc. couldn’t be treated as FTS : ITAT”

Blog, News, Income Tax

February 17, 2026

Correcting error of law or re-appreciating factual findings falls outside the preview of rectification u/s 254: HC

Case Details: Vrundavan Ginning and … Continue reading “Correcting error of law or re-appreciating factual findings falls outside the preview of rectification u/s 254: HC”