Income Tax

HC Quashes Reassessment Based on Borrowed Satisfaction Without Live Link

Case Details: Mita Ashish Desai vs. Deputy Commissioner of Income-tax…

Capital Asset vs Business Asset – Why Classification Matters in Taxation

Deepak Kakkar, Sushil Sharma & Ayush Rawat – [2025] 181…

[Opinion] Limitation On the Power to Set Aside Matter for Fresh Determination

Ramesh Chander – [2025] 181 taxmann.com 277 (Article) 1. Introduction It…

Joint Ownership in Residential Property Doesn’t Bar Section 54F Exemption | ITAT

Case Details: Kusum Sahgal vs. ACIT - [2025] 180 taxmann.com…

HC Quashes Prosecution for Delayed Self-Assessment Tax Payment

Case Details: Vilas Babanrao Kalokhe vs. Principal Commissioner of Income-tax…

HC’s Clarification Wasn’t a Finding or Direction to Trigger Section 153(6) | HC

Case Details: Shell India Markets (P.) Ltd. vs. Deputy Commissioner…

Reassessment Notice Upheld When Heirs Ignore Death Intimation | HC

Case Detail: Gowthaman S vs. Income-tax Officer - [2025] 180…

No Penalty for Partial Section 54F Disallowance Due to Missing Bills | ITAT

Case Details: Abdul Jabbar Jaheer Husain vs. Income-tax Officer -…

CBDT Notifies Shree Balakrishna Lalji Temple for Section 80G Exemption

Notification No. 166/2025, dated 03-12-2025 The Central Board of Direct…

Trust Providing Financial Aid to Students Eligible for Section 80G Even if Students Study Abroad | ITAT

Case Details: R. Mangaldas Charitable Trust vs. Commissioner of Income-tax…