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ITR-4 for FY 2025-26 introduces new disclosures, expanded eligibility, mandatory validations, and tax regime compliance requirements, making careful and timely filing essential for taxpayers

Sugam, not so Sugam: Don’t File ITR-4 Until You Check These 10 New Income Tax Changes

Judgement

ITAT deletes additions on demonetisation cash deposits and unsecured loans under Section 68.

Cash Deposits from Sales Not Unexplained, Rules Tribunal

The ITAT deletes the Rs 568 crore addition and holds the genuine share premium not taxable under Section 68.

Share Premium Not Taxable Under Section 68, Rules ITAT

A concise guide highlighting common mistakes in Income Tax Return (ITR) filing and how to avoid them for accurate and hassle-free tax filing.

ITR Filing Guide: Common ITR Filing Mistakes and How to Avoid Them

10 Common ITR Filing Mistakes to Avoid in year 2025-26

The Tribunal held that cash payments for paddy made through agents are exempt from Section 40A(3) under Rule 6DD(e) and (k), as they constitute payments for agricultural produce. Consequently, it quashed the Section 263 revision, ruling that the Assessing Officer's original order was neither beneficial to the Revenue since a proper enquiry had already been conducted.

No Income Tax Cash disallowance on Payment made to Farmers: ITAT

The ITAT Bangalore held that TDS is generally required on year-end provisions where the payee and liability are identifiable, but the matter was remanded to the AO to verify whether taxes were already paid by recipients and grant relief.

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Sugam, not so Sugam: Don’t File ITR-4 Until You Check These 10 New Income Tax Changes

Cash Deposits from Sales Not Unexplained, Rules Tribunal

Share Premium Not Taxable Under Section 68, Rules ITAT

10 Common ITR Filing Mistakes to Avoid in year 2025-26

No Income Tax Cash disallowance on Payment made to Farmers: ITAT

TDS applicable on year-end provisions; TDS on salaries required only required at payment time: ITAT