Judgement

SC holds Pride Foramer S.A. was still carrying on business despite no contract or PE; allows Section 37 expenditure and Section 32(2) depreciation set-off; restores ITAT order.

Supreme Court: Temporary Commercial Lull Cannot Deny Income Tax Deductions to Non-Resident Company

ITAT Mumbai allowed the HUF Taxpayer’s appeal for AY 2017-18, quashing the Section 148 notice for lack of proper authority approval.

ITAT Mumbai Quashes Section 148 Notice, Allows HUF Taxpayer’s Appeal for AY 2017-18

The Tribunal said that the CIT(A) cannot refuse to decide the issue on technical grounds just because the AO passed a non-speaking order.

CIT(A) Cannot Reject Appeal on Technical Grounds Over Non-Speaking Order: ITAT 

News

The CBDT has intensified scrutiny after detecting bogus deduction claims, slowing refund releases while prioritising legitimate payments and accelerating appeal disposals to reduce the Covid-Era backlog.

CBDT Cracks Down on Wrong Tax Claims and Tightens Scrutiny on High-Value Returns

Articles

Once the rules are notified, the taxpayers will see new formats and a more streamlined system designed to reduce confusion and ease compliance.

New ITR Forms to be Released by January 2026: What Does it Mean for Taxpayers?

Tribunal rules cash deposits during demonetisation were consistent with business pattern; Section 68 addition unsustainable.

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Supreme Court: Temporary Commercial Lull Cannot Deny Income Tax Deductions to Non-Resident Company

ITAT Mumbai Quashes Section 148 Notice, Allows HUF Taxpayer’s Appeal for AY 2017-18

CIT(A) Cannot Reject Appeal on Technical Grounds Over Non-Speaking Order: ITAT

CBDT Cracks Down on Wrong Tax Claims and Tightens Scrutiny on High-Value Returns

New ITR Forms to be Released by January 2026: What Does it Mean for Taxpayers?

ITAT Deletes Addition of Rs. 20 Lakhs Cash Deposit in SBN; Accepts Regular Cash-Intensive Business Pattern