Judgement

Court holds that High Courts cannot direct CBDT to modify tax software, clarifying that technology cannot replace factual verification by Assessing Officers

Supreme Court Sets Aside High Court’s Direction to CBDT on Software Changes in TDS Demand Cases

Addition for stamp duty difference set aside after Tribunal finds assessee was only a joint holder and had made no investment

ITAT Deletes Section 56 Addition on Joint Property Purchase Where Entire Payment Made by Spouse

Compensatory allowances like HRA, Transport and other benefits form part of “ordinary rate of wages” for overtime under the Factories Act

Supreme Court: Overtime Must Be Paid on Full Wages, Not Just Basic Pay 

News

The Finance Act, 2025 revamps New Tax Regime from FY 2025-26 with lower tax rates, higher exemptions, and relief for salaried and middle-class taxpayers.

Finance Act 2025 Introduces Lower Tax Burden and Higher Exemption Under New Tax Regime

ITAT dismissed the tax department’s appeal and upheld the deletion of a Rs. 3.97 crore ad hoc expense disallowance, holding that the AO failed to point out any specific defects.

ITAT Upholds CIT(A)'s Deletion of Rs. 3.97 Crore Ad Hoc Expense Disallowance in Charitable Trust Case

ROC holds ex-directors liable under Section 137(3) despite company being under CIRP; ex-parte adjudication confirms maximum penalty

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Supreme Court Sets Aside High Court’s Direction to CBDT on Software Changes in TDS Demand Cases

ITAT Deletes Section 56 Addition on Joint Property Purchase Where Entire Payment Made by Spouse

Supreme Court: Overtime Must Be Paid on Full Wages, Not Just Basic Pay

Finance Act 2025 Introduces Lower Tax Burden and Higher Exemption Under New Tax Regime

ITAT Upholds CIT(A)'s Deletion of Rs. 3.97 Crore Ad Hoc Expense Disallowance in Charitable Trust Case

ROC Chennai Imposes Rs. 50,000 Penalty on Ex-Directors for Non-Filing of Financial Statements