Articles

A comprehensive guide to ITR-2 filing covering eligibility, latest AY 2026-27 updates, capital gains reporting, foreign asset disclosures, and common mistakes taxpayers should avoid.

Decoding ITR-2: A Practical Handbook for Taxpayers

Judgement

ITAT held that cash deposits already recorded and taxed in the successor proprietorship concern cannot be taxed again in the hands of the dissolved partnership firm and remanded the matter for verification.

If Deposits Are Already Included in Proprietor’s Income, They Cannot Be Taxed Again: ITAT

Tribunal quashes assessment citing invalid jurisdiction transfer and absence of valid scrutiny notice.

ITAT Grants Relief Over Defective Transfer and Notice Proceedings

The ITAT Delhi deleted additions of Rs 7.28 Crore holding the taxpayer had no Permanent Establishment (PE) in India.

ITAT Delhi Deletes Rs 7.28 Crore Income Tax Addition Over Alleged Permanent Establishment in India

ITAT allows business loss claims, deletes Section 68 addition and Section 14A disallowance.

ITAT Allows Write-Off of Rs 54.88 Crore as Business Loss, Rejects Revenue’s Multiple Disallowances

News

Mastek faces a Rs 123.58 crore tax addition and plans to challenge the order.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Decoding ITR-2: A Practical Handbook for Taxpayers

If Deposits Are Already Included in Proprietor’s Income, They Cannot Be Taxed Again: ITAT

ITAT Grants Relief Over Defective Transfer and Notice Proceedings

ITAT Delhi Deletes Rs 7.28 Crore Income Tax Addition Over Alleged Permanent Establishment in India

ITAT Allows Write-Off of Rs 54.88 Crore as Business Loss, Rejects Revenue’s Multiple Disallowances

Mastek Limited Receives Rs 123.58 Crore Income Tax Addition for FY 2022-23