Income Tax

Blog, News, Income Tax

February 24, 2026

Addressing a unique mind challenge – Tracking the current statutory deadlines

Ketan Ved, Samir Parekh, Avani … Continue reading “Addressing a unique mind challenge – Tracking the current statutory deadlines”

Blog, News, Income Tax

February 12, 2026

CBDT exempts certain non-residents from furnishing ITR subject to fulfillment of conditions

Notification No. 119, dated 11-10-2021 … Continue reading “CBDT exempts certain non-residents from furnishing ITR subject to fulfillment of conditions”

News, Blog, Income Tax

February 16, 2026

Date of passing of order by CIT to be considered while computing limitation period for revisional proceedings: SC

Case Details: CIT v. Mohammed … Continue reading “Date of passing of order by CIT to be considered while computing limitation period for revisional proceedings: SC”

Blog, News, Income Tax

February 12, 2026

Credit received from supplier for choosing its engines in aircraft to be purchased is capital receipt: ITAT

Case Details: InterGlobe Aviation Limited … Continue reading “Credit received from supplier for choosing its engines in aircraft to be purchased is capital receipt: ITAT”

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February 11, 2026

Examination of Payments made by individuals as rent to non-residents and applicability of Forms 15CA and 15CB therein

Karthik Natarajan – [2021] 131 … Continue reading “Examination of Payments made by individuals as rent to non-residents and applicability of Forms 15CA and 15CB therein”

News, Blog, Income Tax

February 17, 2026

Appeal to be treated as pending before court even if delay occurred in filing same was not condoned: HC

Case Details: Tushar Agro Chemicals … Continue reading “Appeal to be treated as pending before court even if delay occurred in filing same was not condoned: HC”

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February 24, 2026

Madras HC remanded matter as assessee was asked to submit voluminous doc. within 2-3 days

Case Details:Manickam Subramanian v. ACIT … Continue reading “Madras HC remanded matter as assessee was asked to submit voluminous doc. within 2-3 days”

Blog, News, Income Tax

February 16, 2026

Profit from sale of land recognized as an investment in books of account is taxable as capital gains: ITAT

Case Detaials: JCIT v. Adrus … Continue reading “Profit from sale of land recognized as an investment in books of account is taxable as capital gains: ITAT”

News, Blog, Income Tax

February 25, 2026

CBDT considering Modification in Faceless Appeal Scheme, 2020

Case Details: CBDT v. Lakshya … Continue reading “CBDT considering Modification in Faceless Appeal Scheme, 2020”

Blog, News, Income Tax

February 25, 2026

Allahabad HC quashes Reassessment Notice issued under old regime; unconvinced with view’s of Chhattisgarh HC

Case Details: Ashok Kumar Agarwal … Continue reading “Allahabad HC quashes Reassessment Notice issued under old regime; unconvinced with view’s of Chhattisgarh HC”