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ITAT Mumbai Quashes Section 69A Addition Where Presumptive Income Was Declared – Key Takeaways for Taxpayers Facts and Issues of the Case In the recent ITAT Mumbai decision Priti Suresh…

Presumptive Taxation in India: How the Income-tax Act 2025 Changes the 1961 Regime Presumptive taxation has long been a relief mechanism in India’s income tax law, allowing small businesses and…

Delhi High Court Rules: Employee Entitled to TDS Credit Even If Employer Fails to Deposit Tax – Full Legal Breakdown Facts and Issue of the Case In a significant decision…

Ahmedabad Pharma Group Faces Action in Gujarat GST Tax Evasion Case Worth ₹114.89 Crore The Gujarat State Goods and Services Tax (GST) Department has uncovered a major case of tax…

Undisclosed Rental Income Addition Rejected by ITAT Due to Lack of Proof in Relevant Assessment Year Facts and Issue of the Case In the matter of Rajesh Kumar Mangla vs.…

Paid GST in Wrong Column Is Not Tax Evasion: High Court Grants Relief to Taxpayers In a significant relief to taxpayers, the Allahabad High Court has ruled that simply paying…

Taxability of Cash Advances in Real Estate: ITAT Chennai’s Ruling on Project Completion Method Facts and Issues of the Case In BSR Builders Engineers Contractors vs DCIT, the taxpayer was…

ITAT Sets Aside Addition of Cash Deposits as Unexplained Income for Violation of Natural Justice The Income-tax Department often examines unexplained cash deposits in a taxpayer’s bank accounts. During such…

Income Tax Appeal Delay Condoned Due to Non-Receipt of Notice – ITAT Allows Relief When Notices Never Reached Assessee In the complex terrain of Indian income-tax litigation, procedural compliance often…

Understanding Section 54: What “Date of Transfer” Really Means for Capital Gains Tax Exemption When you sell a residential house property in India and make a profit (capital gain), you…