Articles

Taxpayers need to be more careful with the new changes, as even a small mistake can cause issues.

New Income Tax Rules Implemented; Know These Tips to Save Time

News

Info Edge India Ltd has filed an appeal against a Rs 3.64 crore tax demand for AY 2024-25 before the CIT(A).

Info Edge India Ltd Files Appeal Against Rs 3.64 Crore Tax Demand for AY 2024-25

Judgement

ITAT remanded the case for fresh adjudication after finding that tax authorities made unsupported additions based on bank transactions without proper examination.

ITAT Remands Case for Reconsideration, Cites Faulty Examination by Tax Department

ITAT dismissed multiple appeals due to a prolonged 874 days delay, repeated non-appearance, and failure to comply with income tax procedures, upholding the CIT(A)’s order.

ITAT Dismisses Multiple Appeals Over Assessee’s Non-Compliance and Repeated Absence

Tribunal accepts crypto transaction explanation, deletes addition and penalty considering assessee’s bona fide conduct

ITAT Deletes Addition on Bitcoin Bank Deposits, Grants Relief to Student

The Bombay High Court rules the penalty unsustainable where the claim was bona fide, based on prevailing law, and no incremental assessed income existed over Section 143(1) intimation.

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New Income Tax Rules Implemented; Know These Tips to Save Time

Info Edge India Ltd Files Appeal Against Rs 3.64 Crore Tax Demand for AY 2024-25

ITAT Remands Case for Reconsideration, Cites Faulty Examination by Tax Department

ITAT Dismisses Multiple Appeals Over Assessee’s Non-Compliance and Repeated Absence

ITAT Deletes Addition on Bitcoin Bank Deposits, Grants Relief to Student

HC Quashes Penalty u/s 270A where claim was based on binding jurisdictional precedent at time of ITR filing