• Income Tax

Flower bed area not included in “built up area” to calculate eligible limit u/s 80IB(10)

2 months ago

Flower bed area could not be included in the definition of “built up area” to calculate eligible limit of 1000…

  • Income Tax

Unsigned document has no validity or veracity and cannot be a basis for levying penalty u/s 271DA – ITAT

2 months ago

Unsigned document has no validity or veracity in law and cannot be a basis for levying penalty u/s 271DA -…

  • Income Tax

Non issue of notice u/s 143(2) for even belated ITR filed u/s 148 makes assessment void ab initio

2 months ago

Non issuance of notice u/s 143(2) for return filed u/s 148 even though belatedly, makes the assessment framed bad in…

  • Insurance

Calculation of functional disability depends on victim’s earning capacity in open market – SC

2 months ago

Calculation of functional disability depends on assessing the victim’s earning capacity in the open, competitive market – Supreme Court In…

  • Income Tax

Appeal against ITAT shall lie only before High Court within whose jurisdiction AO is situated

2 months ago

Appeal against every decision of ITAT shall lie only before the High Court within whose jurisdiction the Assessing Officer who…

  • Excise/Custom

SC recommends action against Customs Officer who relied upon AI generated fake case laws

2 months ago

Supreme Court recommends action against Commissioner of Customs who relied upon non-existent AI generated case laws. Supreme Court recommends action…

  • Income Tax

Non- payment of cost imposed can’t trigger automatic confirmation of an invalid exparte assessment.

2 months ago

ITAT power to pass such orders "as it thinks fit" implies a judicial discretion to be exercised within the parameters…

  • Income Tax

Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT

2 months ago

Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make…

  • ICAI

Last date to submit MEF 2026-27 extended to 09.09.2026

2 months ago

ICAI has extended the last date to online submit Multipurpose Empanelment Form (MEF)- 2026-27 from 29th August 2026 to 9th…

  • Income Tax

Validity of demand u/s 156 for default u/s 115-O, if assessment order u/s 143(3) has Nil demand

3 months ago

Can a demand notice be issued u/s 156 for non-payment of Dividend tax u/s 115-O, when as per assessment order…