Judgement

The ITAT Chennai has set aside the order of the CIT(A) directing the authority to condone a delay of 315 days and decide the assessee’s appeal on merits. 


ITAT Directs CIT(A) to Condonе 315-Day Delay and Decide Income Tax Appeal on Merits

The ITAT Chennai remands Egberts India’s Rs 15.43 crore additions under Sections 68 and 69 for Fresh Consideration.

ITAT Admits Additional Evidence Relating to Unexplained Cash Credits 

The ITAT Chennai held reassessment beyond three years as invalid without approval from the Competent Authority.


ITAT Quashes Reassessment as Section 148 Approval Was Obtained from PCIT Instead of Pr. CCIT

Articles

The Income Tax Department has released the data on gross direct tax, refunds, and net direct tax collections for the financial year 2026-27 as of October 14, 2026.

Income Tax Dept Releases Data for Direct Tax Collection for FY 2026-27 as of October 14, 2026

Notifications

The Ministry of Finance has notified amendments to the India-Mauritius tax treaty, introducing Article 27B to deny treaty benefits in certain arrangements where obtaining such benefits was one of the principal purposes.

India-Mauritius DTAA Amended to Prevent Tax Avoidance and Treaty Abuse: New Article 27B Introduces Anti-Abuse Rules

CBDT has revised Income Tax Form 161 for penalty waiver applications, introducing new tax calculation requirements and declarations for taxpayers under the Income-tax Act, 2025.

Explore Our Blogs

ITAT Directs CIT(A) to Condonе 315-Day Delay and Decide Income Tax Appeal on Merits

ITAT Admits Additional Evidence Relating to Unexplained Cash Credits

ITAT Quashes Reassessment as Section 148 Approval Was Obtained from PCIT Instead of Pr. CCIT

Income Tax Dept Releases Data for Direct Tax Collection for FY 2026-27 as of October 14, 2026

India-Mauritius DTAA Amended to Prevent Tax Avoidance and Treaty Abuse: New Article 27B Introduces Anti-Abuse Rules

CBDT Revises Form 161 For Penalty Waiver on October 8: Key Changes Taxpayers Should Know