Judgement

ITAT condoned a 2,698-day delay in a co-operative housing society’s appeal involving Section 80P, citing Covid-19 disruption. Matter remanded to CIT(A); related appeal dismissed as infructuous.

ITAT Restores Co-operative Housing Society’s 80P Claim After 2,698-Day Delay, Accepts Covid-Era as Sufficient Cause

ITAT condones delay and remands Rani Devi’s case, holding that VAT records and cash-flow evidence must be considered before deciding additions under Sections 69A and 44AD.

ITAT Sends Back Demonetisation Cash Deposit Case After Admitting Additional Evidence Ignored Earlier

Tribunal remands matter after assessee furnishes new evidence to support exemption claim on farmhouse investment.

ITAT Sends Back Section 54F Dispute for Fresh Verification of Farmhouse Investment Claim

News

Here's a comprehensive and simple breakdown of the major tax changes coming into effect for financial year 2025-26.

Major Tax Changes for FY 2025-26: Know How New Rules Will Benefit You

CBDT explains why refund processing is slower this year and when pending refunds will be cleared.

Government to process Income Tax Refund by this date: Know More

Articles

The CA explained that removing the compulsory audit requirement for companies below Rs 1 will harm the transparency and reduce the creditworthiness.

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ITAT Restores Co-operative Housing Society’s 80P Claim After 2,698-Day Delay, Accepts Covid-Era as Sufficient Cause

ITAT Sends Back Demonetisation Cash Deposit Case After Admitting Additional Evidence Ignored Earlier

ITAT Sends Back Section 54F Dispute for Fresh Verification of Farmhouse Investment Claim

Major Tax Changes for FY 2025-26: Know How New Rules Will Benefit You

Government to process Income Tax Refund by this date: Know More

CA Urges Government Not to Remove Mandatory Statutory Audit for Small Companies