Judgement

The Bombay High Court held that absence of Form 16 or 16A is not fatal if TDS deduction Is proved.

High Court Rules TDS Credit Cannot Be Denied Merely Because Deductor Failed to Deposit Tax

The ITAT remanded tax dispute to the AO for fresh verification after admitting bank statements and loan documents as additional evidence.

ITAT Sends Section 69A Tax Dispute Back to AO for Fresh Verification, Admits Bank Statements and Loan Documents as Additional Evidence

News

The Income Tax Department has made Form 1 under FAST-DS 2026 available on the e-filing portal, allowing eligible taxpayers to voluntarily disclose previously undisclosed foreign assets and income by Dec 31, 2026.

Undisclosed Foreign Assets? Income Tax Department Activates Form 1 under FAST-DS 2026 on E-Filing Portal

Gujarat HC quashed a Section 179 tax recovery order after authorities failed to consider the former director’s reply and supporting documents.

High Court Quashes Tax Recovery Order Against Former Company Director, Says Authorities Failed to Consider Reply and Supporting Documents

The ITAT Bench has set aside a Rs 11.48 crore addition on securities and mutual fund transactions, directing the AO to conduct a fresh assessment after proper verification and a meaningful hearing.

ITAT Sets Aside Rs 11.48 Crore Capital Gains Addition, Remands Case for Fresh Adjudication After Finding Lack of Hearing Opportunity

The ITAT Bangalore holds registration under Karnataka Souharda Sahakari Act does not bar Section 80P benefit.


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High Court Rules TDS Credit Cannot Be Denied Merely Because Deductor Failed to Deposit Tax

ITAT Sends Section 69A Tax Dispute Back to AO for Fresh Verification, Admits Bank Statements and Loan Documents as Additional Evidence

Undisclosed Foreign Assets? Income Tax Department Activates Form 1 under FAST-DS 2026 on E-Filing Portal

High Court Quashes Tax Recovery Order Against Former Company Director, Says Authorities Failed to Consider Reply and Supporting Documents

ITAT Sets Aside Rs 11.48 Crore Capital Gains Addition, Remands Case for Fresh Adjudication After Finding Lack of Hearing Opportunity

ITAT Holds Karnataka Souharda Sahakari Eligible for Section 80P Deduction on Credit Facility Income