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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…

ITAT Pune Remands Home Loan Interest Disallowance Case After New Evidence Shows Business Use of Loan – Key Takeaways for Taxpayers In a significant income-tax decision with wide implications for…

Old Income Tax Demands Suddenly Appearing on the Portal: What It Means for Taxpayers In recent months, thousands of taxpayers in India have been caught off guard by old income…

Capital Gains Exemption on Property Sale in India — A Practical & Understandable Guide Selling property can be a big financial event — and if you make a profit on…