Judgement

ITAT Delhi cancelled the assessment against Abhisar Estates, holding that Section 153C cannot be applied after the 2021 amendment without a valid search date.

No Proceedings Can Be Initiated Under Section 153C for Searches Conducted On Or After April 1, 2021: ITAT

Assessee filed Form 10-IE late; ITAT held the delay is procedural and allowed the new tax regime benefit under Section 115BAC.

Late Income Tax Form 10-IE, No Problem: ITAT Grants Tax Regime Relief

Articles

A comprehensive guide for salaried individuals to legally reduce capital gains tax in 2026 through smart investments, exemptions, and strategic planning.

How Salaried Individuals Can Reduce Capital Gains Tax: The Ultimate 2026 Guide

Press Release

The Income Tax Department organised an outreach programme in New Delhi, highlighting the Income Tax Act, 2025, engaging schools, trusts, and students to promote awareness, transparency, and financial literacy.

Income Tax Department Conducted Outreach Programme on Income Tax Act, 2025

CRISIL Ltd received a Rs 149 crore tax demand under Sections 143(3) and 144B for FY23. The company will challenge the order through appeal, stating no immediate financial impact.

 Income Tax Department Issues Rs 149 Crore Demand to CRISIL Ltd Under Assessment Order; Appeal to be Filed by Company

The ITAT restores the Rs 6.37 Crore cash deposits case, holding that CIT(A) wrongly deleted the addition without proper verification and by admitting new evidence.

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No Proceedings Can Be Initiated Under Section 153C for Searches Conducted On Or After April 1, 2021: ITAT

Late Income Tax Form 10-IE, No Problem: ITAT Grants Tax Regime Relief

How Salaried Individuals Can Reduce Capital Gains Tax: The Ultimate 2026 Guide

Income Tax Department Conducted Outreach Programme on Income Tax Act, 2025

Income Tax Department Issues Rs 149 Crore Demand to CRISIL Ltd Under Assessment Order; Appeal to be Filed by Company

CIT(A) cannot cannot grant relief merely on new evidence without giving AO an opportunity to respond: ITAT