Vanshika

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Common Approval Under Section 153D for Multiple Years is Invalid: ITAT

Common Approval Under Section 153D for Multiple Years is Invalid: ITAT The ITAT quashed the assessments for AY 2011-12 to 2016-17, holding that a common...

ITAT Quashes Addition Due to Absence of Incriminating Evidence Beyond Third-Party Statements

ITAT Quashes Addition Due to Absence of Incriminating Evidence Beyond Third-Party Statements ITAT Delhi allowed the assessee's appeal and quashed the addition, holding that mere...

Government Alert: Your Pending Tax Refund Message Could Be a Scam

Government Alert: Your Pending Tax Refund Message Could Be a Scam Because tax refunds are getting delayed and many people are eagerly waiting for their...

ITAT Deletes Rs. 25 Lakh Addition, Holds Cash in Wife’s Locker Cannot Be Taxed Without Proof of Ownership

ITAT Deletes Rs. 25 Lakh Addition, Holds Cash in Wife’s Locker Cannot Be Taxed Without Proof of Ownership ITAT allowed the assessee’s appeal and removed...

GST Intelligence Unearths Rs. 13,000 Crore Illegal Gaming Network; KYC Firm Director Arrested

GST Intelligence Unearths Rs. 13,000 Crore Illegal Gaming Network; KYC Firm Director Arrested GST Intelligence officials arrested Pankaj Kumar, the founder and director of Adsum...

ITAT Bangalore Remands Interest Disallowance Issue to AO; Relief Subject to Rs. 10,000 Cost Payment

ITAT Bangalore Remands Interest Disallowance Issue to AO; Relief Subject to Rs. 10,000 Cost Payment The ITAT, Bangalore, allowed the appeal of the assessee for...

ITAT Condoned 56-Day Late Filing Due to Staff Lapse, Grants Relief to Power Company

ITAT Condoned 56-Day Late Filing Due to Staff Lapse, Grants Relief to Power Company The ITAT Bangalore condoned a 56-day delay in filing an appeal...

Punjab Government Attaches Rs. 91 Crore Properties in Major Tax Recovery Drive

Punjab Government Attaches Rs. 91 Crore Properties in Major Tax Recovery Drive The Punjab Taxation Department has attached 136 properties worth more than Rs. 91...

Tax Made Simple: Major Form Changes and Compliance Updates for 2026

Tax Made Simple: Major Form Changes and Compliance Updates for 2026 India’s Income Tax Department has issued the Draft Income-tax Rules, 2026, along with draft...

ICAI Publishes Updated Handbook on Significant GST Judicial and Advance Rulings

ICAI Publishes Updated Handbook on Significant GST Judicial and Advance Rulings The Institute of Chartered Accountants of India (ICAI) recently released a handbook named "Significant...

ICAI Introduces Major UDIN Updates: Audit Ceiling, Mobile App and Enhanced Validations

ICAI Introduces Major UDIN Updates: Audit Ceiling, Mobile App and Enhanced Validations The Institute of Chartered Accountants of India (ICAI) has recently made several new...

ITAT Mumbai Restores Appeals Dismissed for Non-Prosecution to CIT(A) for Fresh Adjudication

ITAT Mumbai Restores Appeals Dismissed for Non-Prosecution to CIT(A) for Fresh Adjudication The appeals have been filed by Vijay Dattatray Mahajan and legal heir Mr...

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