News

JK Tyre & Industries Ltd received a Rajasthan stamp duty order related to the merger of Cavendish Industries Ltd and plans to appeal the penalty and interest charges.

JK Tyre Receives Rajasthan Stamp Duty Order, Plans Appeal Against Rs 4 Crore Penalty and Interest

Articles

A comprehensive guide for NRIs on residential status, taxable income, deductions, and income tax return filing in India.

NRI Income Tax Return Filing Guide for AY 2026-27: Residential Status, DTAA, Deductions & ITR Forms

Judgement

ITAT upholds CIT(A)’s remand order, directs AO to re-adjudicate reassessment after granting fair hearing.

NBFC Faced ₹3.09 Crore Tax Addition Over Alleged Accommodation Entry; ITAT Upholds Fresh Hearing Due to Natural Justice Violations

ITAT holds share losses taxable under the capital gains head, recognising long-standing investor status.

ITAT: Dolly Khanna’s Rs 54.23 Crore Short-Term Capital Loss Cannot Be Treated as Business Loss Merely Due to High Volume Share Transactions

The ITAT Delhi remands 8% commission estimation case to the CIT(A) for fresh consideration, noting taxpayer was not granted fair opportunity of hearing.

Estimation of 8% Solely Based on Assumptions Not Admissible under Law; ITAT Restores Appeal Before CIT(A) 

ITAT reduces estimated profit rate to 0.5%, recognizing low margins in newspaper publishing.

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JK Tyre Receives Rajasthan Stamp Duty Order, Plans Appeal Against Rs 4 Crore Penalty and Interest

NRI Income Tax Return Filing Guide for AY 2026-27: Residential Status, DTAA, Deductions & ITR Forms

NBFC Faced ₹3.09 Crore Tax Addition Over Alleged Accommodation Entry; ITAT Upholds Fresh Hearing Due to Natural Justice Violations

ITAT: Dolly Khanna’s Rs 54.23 Crore Short-Term Capital Loss Cannot Be Treated as Business Loss Merely Due to High Volume Share Transactions

Estimation of 8% Solely Based on Assumptions Not Admissible under Law; ITAT Restores Appeal Before CIT(A)

ITAT Cuts Estimated Profit from 15% to 0.5% in Newspaper Publishing Business