Judgement

The ITAT Ahmedabad rules that interest on liabilities acquired through slump sale is allowable under Section 36(1)(iii). 

ITAT Holds Borrowings Accepted in Earlier Year Cannot Be Reopened Without Change in Facts

Articles

Taxpayers can pay advance tax, self-assessment tax and other direct taxes online through the IT Department’s e-Pay Tax facility using five convenient payment options.

Want to Pay Income Tax Online? Check These 5 Payment Methods

The Gujarat High Court has quashed a notice issued under Section 148 holding that the reassessment proceedings were based merely on a change of opinion. 

High Court Rules Reopening Beyond Four Years Invalid Where Assessee Fully Disclosed Material Facts

The Gujarat High Court has held Civil Engineer cannot seek registration as Agricultural Land Valuer without prescribed qualification.   


High Court Upholds Agricultural Science Degree Requirement for Registration as Agricultural Land Valuer

Notifications

The CBDT notifies Income Tax (Second Amendment) Rules, 2026, expanding the definition of "specified fund" to include SEBI and IFSCA-regulated alternative investment funds.

CBDT Amends Income Tax Rules 2026, Expands Definition of ‘Specified Fund’ Under Rule 157

ITAT has set aside the CIT(A) order and directed a fresh hearing in the case involving a Rs 21.50 lakh unexplained cash deposit addition under Section 69A.

Explore Our Blogs

ITAT Holds Borrowings Accepted in Earlier Year Cannot Be Reopened Without Change in Facts

Want to Pay Income Tax Online? Check These 5 Payment Methods

High Court Rules Reopening Beyond Four Years Invalid Where Assessee Fully Disclosed Material Facts

High Court Upholds Agricultural Science Degree Requirement for Registration as Agricultural Land Valuer

CBDT Amends Income Tax Rules 2026, Expands Definition of ‘Specified Fund’ Under Rule 157

ITAT Sets Aside CIT(A) Order in Rs 21.50 Lakh Unexplained Cash Deposit Case