Posts by Mahesh Mara

Relaxation in Small Company Criteria: Understanding the New MCA Rules and Compliance Benefits The Ministry of Corporate Affairs (MCA) in India has introduced major relaxations in the definition and compliance…

Full Section 54F Exemption Allowed on Joint Property Purchase When Assessee Pays Entire Cost – ITAT Jaipur Ruling Explained Long-term capital gains (LTCG) exemptions under the Income-Tax Act, 1961, often…

Can Income Be Taxed Based on Form 26AS? ITAT Clarifies Tax on Cash Basis Professional Income Facts and Issues of the Case In the recent Rajesh Mohan Singh Hajari v.…

ITAT Restores Appeal Due to Breach of Natural Justice: Invalid Notice and Rushed Hearing by CIT(A) Explained Facts and Issues of the Case The dispute arose from the income-tax assessment…

Section 80GGC Bogus Political Donations: ITAT Ahmedabad Denies Tax Deduction Facts and Issue of the Case The case titled Rajen Jayantilal Merchant vs. Assessment Unit (ITAT Ahmedabad) relates to the…

ITAT Rajkot: Are Gifts from HUF to Members Taxable? Full Case Analysis Explained The question of whether amounts received by an individual from his own Hindu Undivided Family (HUF) as…

NRI Tax Relief: ITAT Chennai Holds Foreign Bank Deposits and Credit Card Spending as Non-Taxable in India In a significant Income-Tax Appellate Tribunal (ITAT), Chennai decision, foreign bank deposits and…

Late ITR Filing Due to Health Issues: Delhi High Court Sets Important Precedent for Taxpayers Fact and Issue of the Case In a landmark decision for taxpayers grappling with health…

Bombay High Court Rules DDT Must Follow DTAA Limits: Clear Win for Non-Residents and Foreign Investors The taxation of dividends has long been a complex and debated issue in India’s…