Income Tax

Blog, Income Tax

December 27, 2022

Claim of TDS Credit Deducted by the Employer but not Paid by it to the Government

I. Issue Mr. A, an employee … Continue reading “Claim of TDS Credit Deducted by the Employer but not Paid by it to the Government”

Blog, News, Income Tax

February 12, 2026

ITAT has no power to recall its order even if submissions were filed on merits: Supreme Court

Case Details: CIT v. Reliance … Continue reading “ITAT has no power to recall its order even if submissions were filed on merits: Supreme Court”

News, Blog, Income Tax

February 24, 2026

More than 3 crores ITRs filed on new e-filing portal; CBDT requests taxpayers to file ITR for AY 2021-22 at earliest

Press Release, dated 05-12-2021 The … Continue reading “More than 3 crores ITRs filed on new e-filing portal; CBDT requests taxpayers to file ITR for AY 2021-22 at earliest”

Blog, News, Income Tax

February 12, 2026

A common search warrant & panchnama issued on two separate Cos operating from a single premise is valid : HC

Case Details: Shiva Cement Ltd. … Continue reading “A common search warrant & panchnama issued on two separate Cos operating from a single premise is valid : HC”

Blog, News, Income Tax

February 24, 2026

FAQs on Income-tax Returns for Assessment Year 2021-22

Editorial Team – [2021] 133 … Continue reading “FAQs on Income-tax Returns for Assessment Year 2021-22”

Blog, News, Income Tax

February 12, 2026

Asset once becomes part of block of assets is eligible for dep. even if it wasn’t used in subsequent years: ITAT

Case Details: Pawan Hans Helicopters … Continue reading “Asset once becomes part of block of assets is eligible for dep. even if it wasn’t used in subsequent years: ITAT”

Blog, News, Income Tax

February 23, 2026

No denial of Sec. 12A registration just because carrying out research in settler’s hospital would lead to commercial activity

Case details: Artemis Education & … Continue reading “No denial of Sec. 12A registration just because carrying out research in settler’s hospital would lead to commercial activity”

Blog, News, Income Tax

February 25, 2026

Tax Dept. conducts search operations on leading group of Pune; detects unaccounted income of more than Rs. 400 crore

Press Release, dated 02-12-2021 The … Continue reading “Tax Dept. conducts search operations on leading group of Pune; detects unaccounted income of more than Rs. 400 crore”

Blog, News, Income Tax

December 2, 2021

Compensation received from builder for its failure to deliver flats in time taxable under head capital gains: ITAT

Case Details: Smt. Abha Bansal … Continue reading “Compensation received from builder for its failure to deliver flats in time taxable under head capital gains: ITAT”

News, Blog, Income Tax

December 2, 2021

Allowability of foreign taxes paid as business expenditure under the Income-tax Act, 1961 – A possibility?

Sudeep Das & Ashwath Pai … Continue reading “Allowability of foreign taxes paid as business expenditure under the Income-tax Act, 1961 – A possibility?”