Notifications

CBDT has notified the Income-tax (Seventh Amendment) Rules, 2026, introducing Rule 281A and a new form to collect information from taxpayers claiming tax exemptions on interest and capital gains from government securities.

CBDT Notifies Income-tax (Seventh Amendment) Rules, 2026; Introduces New Form for Tax Exemption Claims

Judgement

The ITAT Ahmedabad held mere payment through banking channels and donation receipt cannot establish genuineness of political contribution.

ITAT Denies Section 80GGC Deduction for Political Donation

The ITAT Ahmedabad held that banking channels and donation receipts insufficient to establish genuine political contribution.

ITAT Denies Section 80GGC Deduction for Political Donation Found to Be an Accommodation Entry

The ITAT Mumbai holds restriction to one residential house inapplicable to AY 2012-13.

ITAT Allows Section 54 Deduction on Two Adjoining Flats

The ITAT Mumbai holds that assessment cannot be finalised before completion of Valuation Reference.

ITAT Deletes Capital Gains Addition for AO’s Failure to Await DVO Valuation Report 

The ITAT Mumbai directs fresh examination of India–UK DTAA conditions and arm’s-length remuneration.

Explore Our Blogs

CBDT Notifies Income-tax (Seventh Amendment) Rules, 2026; Introduces New Form for Tax Exemption Claims

ITAT Denies Section 80GGC Deduction for Political Donation

ITAT Denies Section 80GGC Deduction for Political Donation Found to Be an Accommodation Entry

ITAT Allows Section 54 Deduction on Two Adjoining Flats

ITAT Deletes Capital Gains Addition for AO’s Failure to Await DVO Valuation Report

ITAT Remands PE Dispute Involving UK Software Company to AO