Judgement

Citing the principles of natural justice, the Tribunal restored the case to the Assessing Officer for fresh review, directing that a proper opportunity must be given to the assessee.

ITAT Condones 705-Days Delay and Restores Matter As Notices Sent to Former Consultant's Email

Notifications

The CBDT has notified key corrections in ITR-1 and ITR-4 forms, including updates to Schedule IT and salary-reporting details.

Important Update: CBDT Amends ITR-1 and ITR-4 Schedules and Salary Details

Articles

In 2025-26, the Income Tax Department disposed of 2.22 lakh appeals, 29% more than before. It reduced old pending cases, resolved complaints faster, and used data-based checks to improve fairness.

Income Tax Dept Clears 2.22 Lakh Appeals in FY 2025-26, Reduces Pendency by 29%

The ITAT quashed the tax demand raised by the CPC, holding that changing a return's status from AOP to Cooperative Society requires detailed examination.

CPC not justified in changing assessee status without proper examination: ITAT

ITAT held that explained cash redeposits and reasonable marriage gifts cannot be taxed under Section 69A, but mere unsupported claims are insufficient to justify unexplained cash deposits.

Mere General Statements Cannot Discharge Burden Under Section 69A: ITAT

The Income Tax Department has introduced new challans from April 1, 2026 under the Income Tax Act 2025, replacing the AY with the TY system and simplifying tax payments and reporting.

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ITAT Condones 705-Days Delay and Restores Matter As Notices Sent to Former Consultant's Email

Important Update: CBDT Amends ITR-1 and ITR-4 Schedules and Salary Details

Income Tax Dept Clears 2.22 Lakh Appeals in FY 2025-26, Reduces Pendency by 29%

CPC not justified in changing assessee status without proper examination: ITAT

Mere General Statements Cannot Discharge Burden Under Section 69A: ITAT

Shift from AY to TY: Understanding New Challans Under Income Tax Act 2025