Judgement

High Court upholds ITAT order deleting bogus purchase addition, finds no substantial question of law.

HC Upholds Deletion of Rs. 5.04 Cr Bogus Purchase Addition Lacking Evidence

Tribunal partly allowed the appeal of the assessee by deleting LTCG and commission additions and remanding the STCG issue for fresh assessment.

ITAT: Income Tax Addition Unsustainable Where Assessee Declares Income During Assessment Proceedings

Court holds self-generated trademarks not taxable before 2001 amendment, rejecting retrospective application and business income claim.

Transfer of self-generated trademarks before 2001 Income Tax amendment cannot be taxed as capital gains: HC

Notifications

The Government of India has notified the new Income Tax Rules 2026, introducing simplified compliance and major reforms effective from April 1, 2026.

BREAKING: Govt Notifies New Income Tax Rules 2026; Effective from April 01, 2026

Absence of explicit dissolution or irrevocability clauses in trust deeds is not a valid ground for denying Section 12AB registration

High Court Says Trust Registrations Cannot be Rejected Over Lack of "Irrevocability Clause"

DCM Shriram Limited received Rs 9.79 crore relief from ITAT in a Rs 12.20 crore tax dispute for AY 2021-22, with the remaining Rs 2.41 crore remanded for fresh review.

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HC Upholds Deletion of Rs. 5.04 Cr Bogus Purchase Addition Lacking Evidence

ITAT: Income Tax Addition Unsustainable Where Assessee Declares Income During Assessment Proceedings

Transfer of self-generated trademarks before 2001 Income Tax amendment cannot be taxed as capital gains: HC

BREAKING: Govt Notifies New Income Tax Rules 2026; Effective from April 01, 2026

High Court Says Trust Registrations Cannot be Rejected Over Lack of "Irrevocability Clause"

DCM Shriram Secures Major Tax Relief of Rs 9.79 Crore in ITAT Ruling; Partial Matter Sent for Review