Judgement

Tribunal remands cash deposit addition for fresh adjudication allowing assessee to present evidence.

ITAT Restores Demonetisation Cash Deposit Addition for Fresh Examination

ITAT quashes reassessment holding Section 148 notice issued after limitation period was invalid.

Tribunal allows Section 54F exemption on residential flat retained under development agreement arrangement.

The Ministry of Finance has amended an earlier notification to revise the rate under Serial No. 1 to Rs. 12.5 per litre, effective from 16 June 2026.

Employees can switch between the old and new tax regimes while filing their ITR, even if TDS was deducted under a different regime by their employer.

ITAT restores delayed appeal, directing consideration of condonation request and adjudication on merits.