Judgement

Reassessment upheld by HC as Revenue complied with new Section 148A proceedings.

HC Rules on Section 148 Reassessment; Held Dispatch Date Decides Validity

High Court rules that ITC cannot be denied solely due to retrospective GSTN cancellation of the supplier without verifying the genuineness of the transaction.

High Court: ITC Cannot be Denied for Retrospective Cancellation of Supplier's GSTN

Articles

The Double Taxation Relief is provided when the assessee has paid taxes in a country that has a Double Taxation Avoidance Agreement (DTAA) with India.

NRI: Don't file ITR before knowing Foreign Tax Credit and DTAA Relief!

Amalgamation caused delay in revised return; Court finds genuine hardship was ignored.

Big Relief! HC Allows Late Filing of Revised ITR After Company Merger

Notifications

The Central Government has granted income tax exemption to the Karnataka Electricity Regulatory Commission under Section 10(46A) of the Income-tax Act, effective from AY 2025–26.

Income Tax Dept. Notifies Karnataka Electricity Regulatory Commission for Exemption u/s 10

The Central Government issued a notification on June 16, 2025, giving income tax exemption to the Haryana Real Estate Regulatory Authority, Gurugram (HRERA), under Section 10(46) of the Income Tax Act, 1961.

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HC Rules on Section 148 Reassessment; Held Dispatch Date Decides Validity

High Court: ITC Cannot be Denied for Retrospective Cancellation of Supplier's GSTN

NRI: Don't file ITR before knowing Foreign Tax Credit and DTAA Relief!

Big Relief! HC Allows Late Filing of Revised ITR After Company Merger

Income Tax Dept. Notifies Karnataka Electricity Regulatory Commission for Exemption u/s 10

Haryana Real Estate Regulatory Authority Gets Income Tax Exemption Under Section 10(46)