Judgement

ITAT Ahmedabad deleted the alleged bogus LTCG additions after finding no evidence linking the assessee to any accommodation entries.

ITAT Ahmedabad Quashes Rs. 1.27 Crore Bogus LTCG Addition; No Proof of Accommodation Entries

ITAT Delhi holds that civil contractors’ purchases supported by E-way bills cannot be treated as bogus

Purchases supported by E-Way bill cannot be treated as Bogus: ITAT

Articles

The calculation for interest starts from April 1 of the assessment year for the advance tax, TDS, or TCS, if the income tax return is filed on time.

Interest on Income Tax Refund: Why You May Not Get Interest on Delayed Refund?

The Gujarat High Court directed the tax department to reconsider an 82-year-old woman’s missed return case with compassion.

Gujarat HC Gives 82-Year-Old Woman Relief in Missed Tax Return Case

News

The Income Tax Department is upgrading systems and training staff to ensure a glitch-free transition to the new tax regime.

Big Changes Ahead: Government to Introduce New ITR Forms and Tax Law in 2026

The Tribunal cited previous judgements and held that the joint ownership at the time of sale of assets does not disqualify the assessee from claiming a deduction under Section 54F.

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ITAT Ahmedabad Quashes Rs. 1.27 Crore Bogus LTCG Addition; No Proof of Accommodation Entries

Purchases supported by E-Way bill cannot be treated as Bogus: ITAT

Interest on Income Tax Refund: Why You May Not Get Interest on Delayed Refund?

Gujarat HC Gives 82-Year-Old Woman Relief in Missed Tax Return Case

Big Changes Ahead: Government to Introduce New ITR Forms and Tax Law in 2026

Joint Ownership of More than One Residential Property Does Not Disqualify Deduction Under Section 54F: ITAT