Notifications

The CBDT has notified income tax exemption to CJM-cum-District Legal Services Authority, Fatehabad, subject to prescribed conditions.

CBDT Notifies Section 10(46) Exemption for Legal Services Authority in Haryana

The CBDT has notified the Urban Improvement Trust for income tax exemption under Section 10(46A) of the Income-tax Act, 1961, effective from AY 2026-27.

CBDT Notifies Urban Improvement Trust for Income Tax Exemption under Section 10(46A)

Articles

Taxpayers were given the opportunity to correct errors or report missed income through ITR-U, helping them avoid notices and penalties by paying additional tax within the allowed time.

Last Chance Before March 31: Correct Your Return with ITR-U and Avoid Heavy Penalties

Judgement

Tribunal confirms that advertisement costs for brand ownership and automated banking charges do not warrant tax disallowances

ITAT Rules in Favor of MakeMyTrip: AMP Expenses Held as Revenue Expenditure, No TDS on Payment Gateway Charges

Court permits reassessment after considering post-order clarification from National Highways Authority of India

HC Sets Aside GST Demand on TDS Mismatch, Allows Fresh Adjudication Based on NHAI Certificate

The tribunal said that the mere omission of reporting the investment in Schedule FA represents a lapse in the reporting format of the ITR, instead of a complete disclosure failure.

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CBDT Notifies Section 10(46) Exemption for Legal Services Authority in Haryana

CBDT Notifies Urban Improvement Trust for Income Tax Exemption under Section 10(46A)

Last Chance Before March 31: Correct Your Return with ITR-U and Avoid Heavy Penalties

ITAT Rules in Favor of MakeMyTrip: AMP Expenses Held as Revenue Expenditure, No TDS on Payment Gateway Charges

HC Sets Aside GST Demand on TDS Mismatch, Allows Fresh Adjudication Based on NHAI Certificate

No Penalty for Omission to Disclose Foreign Assets in Schedule FA if the Same is Disclosed in Other Part of ITR: ITAT