Judgement

SC sets aside HC's acquittal in a cheque bounce case, holding that violation of Section 269SS of the Income Tax Act does not render the debt unenforceable under Section 138 NI Act

SC: Breach of Income Tax Act Section 269SS Doesn't Invalidate Debt for NI Act Section 138

Gujarat High Court restores a tax appeal involving organised evasion and penny stock fraud, setting aside the earlier low-tax closure.

Gujarat HC Restores Tax Appeal Involving Organized Tax Evasion and Penny Stock Fraud

Tribunal holds that reassessment and penalty orders issued without knowledge of assessee’s death are not automatically void; directs Assessing Officer to bring legal heir on record and re-adjudicate.

ITAT Ahmedabad Restores Assessment and Penalty Passed in Name of Deceased Assessee

News

The Gujarat High Court has ruled that the ITR filing due date for audit cases will be automatically extended to 30th November 2025.

ITR Due date for Audit Cases Automatically gets extended to 30th Nov 2025: Gujarat High Court

ITAT Mumbai quashes reassessment beyond four years under proviso to Section 147; deletes Rs.27.37 lakh ad-hoc bogus cash sales addition unsupported by evidence; partly allows assessee’s appeals.

ITAT Quashes Reassessment Beyond Four Years and Deletes Ad-hoc Addition for Alleged Bogus Cash Sales

ITAT deletes addition of Rs.13,00,000 under Section 69A after accepting documentary evidence that cash deposits were sale proceeds of rural agricultural land exempt under Section 10(1).

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SC: Breach of Income Tax Act Section 269SS Doesn't Invalidate Debt for NI Act Section 138

Gujarat HC Restores Tax Appeal Involving Organized Tax Evasion and Penny Stock Fraud

ITAT Ahmedabad Restores Assessment and Penalty Passed in Name of Deceased Assessee

ITR Due date for Audit Cases Automatically gets extended to 30th Nov 2025: Gujarat High Court

ITAT Quashes Reassessment Beyond Four Years and Deletes Ad-hoc Addition for Alleged Bogus Cash Sales

ITAT Deletes Rs.13 Lakh Addition Made on Cash Deposits; Sale of Agricultural Land Accepted as Source