Judgement

The Delhi Bench of the Income Tax Appellate Tribunal dismissed the Revenue’s appeal and upheld deletion of Rs. 2 crore addition made under Section 68 in an alleged accommodation entry reassessment case

Delhi ITAT: Recovery of earlier advances cannot automatically be treated as unexplained income

Articles

A detailed comparative guide explaining the latest TCS provisions, revised section mapping, applicable rates, thresholds, and compliance changes under the Income-tax Act, 2025 for F.Y. 2026-27.

Comprehensive TCS Rate Chart under the Income-tax Act, 2025 (Latest Updates)

TDS and TCS Due Date Compliance Calendar and Rate Chart for Tax Year 2026-27

ITAT quashes Section 263 revision holding penalty proceedings independent from assessment proceedings under Income Tax Act.

Delhi ITAT quashes Section 263 revisionary order for “inadequate enquiry”

Patna High Court quashed the GST registration cancellation order against Prakash Kumar, holding that a defective notice and denial of a fair hearing violated the principles of natural justice.

Patna HC Quashes GST Cancellation Order, Holds Fair Hearing Essential Under Natural Justice

Ahmedabad ITAT deletes AMP and royalty adjustments against Reckitt Benckiser Healthcare India Pvt. Ltd.

ITAT Grants Reckitt Relief in Marketing Intangibles Transfer Pricing Dispute

Delhi ITAT rules search assessments cannot be framed under ordinary assessment provisions after search operations.

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Delhi ITAT: Recovery of earlier advances cannot automatically be treated as unexplained income

TDS and TCS Due Date Compliance Calendar and Rate Chart for Tax Year 2026-27

Delhi ITAT quashes Section 263 revisionary order for “inadequate enquiry”

Patna HC Quashes GST Cancellation Order, Holds Fair Hearing Essential Under Natural Justice

ITAT Grants Reckitt Relief in Marketing Intangibles Transfer Pricing Dispute

ITAT Grants Relief After Finding Jurisdictional Defects in Search Assessments