Income Tax

Blog, News, Income Tax

December 15, 2025

Amendment by FA 2021 disallowing employee’s contribution to ESI/PF is applicable prospectively: ITAT

Case Details: Salzgitter Hydraulics (P.) … Continue reading “Amendment by FA 2021 disallowing employee’s contribution to ESI/PF is applicable prospectively: ITAT”

Blog, News, Income Tax

July 22, 2021

HC justified reassessment as notice handed over to tenants who later forwarded it to assessee was a valid act

Case details: Perumallur Vankipuram Janardhanan … Continue reading “HC justified reassessment as notice handed over to tenants who later forwarded it to assessee was a valid act”

Blog, News, Income Tax

December 15, 2025

Case studies: Computation of WDV of intangible assets and capital gains on transfer from ‘Goodwill’

Section 50 of the Income-tax … Continue reading “Case studies: Computation of WDV of intangible assets and capital gains on transfer from ‘Goodwill’”

Blog, News, Income Tax

December 15, 2025

Assessee has statutory right to personal hearing; failure to grant would vitiate assessment order: Delhi HC

Case details: Balraj Hire Purchase … Continue reading “Assessee has statutory right to personal hearing; failure to grant would vitiate assessment order: Delhi HC”

News, Blog, Income Tax

December 15, 2025

Mere mention of name in account opening form of Foreign Bank does not establish beneficial ownership: ITAT

Case details: ACIT v. Jatinder … Continue reading “Mere mention of name in account opening form of Foreign Bank does not establish beneficial ownership: ITAT”

Blog, Income Tax

October 19, 2022

20 REVISED DUE DATES under the Income-tax Act

Table of Contents:  1. Equalisation … Continue reading “20 REVISED DUE DATES under the Income-tax Act”

Blog, Income Tax

December 10, 2025

Case Studies on Computation of Capital Gains on Dissolution or Reconstitution of a Partnership Firm

Topics covered in this article … Continue reading “Case Studies on Computation of Capital Gains on Dissolution or Reconstitution of a Partnership Firm”

Blog, News, Income Tax

December 15, 2025

No denial of Sec. 11 exemption to trust if running hostel for its dental college was statutory obligation: HC

Case details: Daya Nand Pushpa … Continue reading “No denial of Sec. 11 exemption to trust if running hostel for its dental college was statutory obligation: HC”

Blog, News, Income Tax

December 10, 2025

Fresh claim before Appellate Authority is admissible even same wasn’t claimed in ITR: Karnataka HC

Case details: PCIT v. Karnataka … Continue reading “Fresh claim before Appellate Authority is admissible even same wasn’t claimed in ITR: Karnataka HC”

Blog, News, Income Tax

December 10, 2025

CBDT raises a helping hand for family members of those who succumbed to COVID-19

Scope of the Income-tax Act, … Continue reading “CBDT raises a helping hand for family members of those who succumbed to COVID-19”