Judgement

The bench upheld the decision of the High Court and made it clear that it would not allow such "hair-splitting" interpretations.

Mobile Towers Are Plant and Machinery and Are Eligible for ITC Claim: Supreme Court Upholds High Court's Decision

ITAT deletes the carried-interest based TP adjustment, remands comparability on R-Systems for de novo TPO/AO consideration, and directs AO to decide GST rectification and verify delay for interest.

ITAT Upholds Deletion of Transfer Pricing Adjustment on Carried Interest; Remands Case to AO on GST Rectification

ITAT Allows appeal with direction for de-novo consideration by CIT(A); may call remand report

ITAT Restores Appeal for De Novo Adjudication After Ex-Parte Dismissal by CIT(A)

News

ITR-5 Excel Utility for AY 2025-26 is now live, enabling LLPs, firms, societies, and other eligible entities to file their income tax returns.

ITR-5 Excel Utility for AY 2025-26 Released: LLPs, Firms and Societies Can Now File Returns

Income Tax (2) Bill 2025 has been passed in Lok Sabha today

Breaking: New Income Tax Bill 2025 passed in Lok Sabha

Articles

Section 44AB of the Income Tax Act requires a tax audit for some types of taxpayers if their turnover or gross receipts cross a specified limit.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Mobile Towers Are Plant and Machinery and Are Eligible for ITC Claim: Supreme Court Upholds High Court's Decision

ITAT Upholds Deletion of Transfer Pricing Adjustment on Carried Interest; Remands Case to AO on GST Rectification

ITAT Restores Appeal for De Novo Adjudication After Ex-Parte Dismissal by CIT(A)

ITR-5 Excel Utility for AY 2025-26 Released: LLPs, Firms and Societies Can Now File Returns

Breaking: New Income Tax Bill 2025 passed in Lok Sabha

When Is Tax Audit Compulsory Under Section 44AB