Judgement

The ITAT held that section 69C of the Income Tax Act is not applicable here, as the purchases were accounted for in the books of account and the assessee submitted all the supporting documents.

Section 69C Requires Proving Unexplained Source of Genuine Expenditure First: ITAT

Pune ITAT remands Section 12A registration matter to CIT(E) for reconsideration due to wrong subsection selection.

ITAT Grants Fresh Opportunity to Charitable Trust for Section 12A Registration After Technical Error

Press Release

CBDT’s NUDGE initiative urges taxpayers to voluntarily review and correct ineligible deductions or exemptions in their ITRs by December 31, 2025

Govt. Advise Taxpayers to Correct Ineligible Deductions by December 31

Articles

Comprehensive Guide For Taxpayers on Belated Return, Section 139(4), Eligibility, Penalty And Filing Steps.

Missed ITR Deadline? Here’s Everything You Need To Know About Belated Returns

ITAT held that a valid allotment letter fixing property price and supported by bank payments is sufficient to grant relief from addition under Section 56.

ITAT Deletes Section 56 Addition: Allotment Letter Treated Valid as Enforceable Property Agreement

ITAT ruled that donations received by a charitable trust for religious celebrations were not business income and upheld the exemption under Sections 11 and 12 of the Income-tax Act.

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Section 69C Requires Proving Unexplained Source of Genuine Expenditure First: ITAT

ITAT Grants Fresh Opportunity to Charitable Trust for Section 12A Registration After Technical Error

Govt. Advise Taxpayers to Correct Ineligible Deductions by December 31

Missed ITR Deadline? Here’s Everything You Need To Know About Belated Returns

ITAT Deletes Section 56 Addition: Allotment Letter Treated Valid as Enforceable Property Agreement

ITAT Allows Charitable Trust Appeal: Donations Held Religious, Not Business Income