Judgement

ITAT held that gratuity and leave encashment provisions qualify as a valid application of income for charitable trusts under Section 11, dismissing the Revenue’s appeal.

ITAT Mumbai Allows Gratuity and Leave Provisions as Valid Income Application for Charitable Trust

Gujarat HC ruled that Income Tax reassessment cannot reopen an assessment year beyond 10 years, even if a later search reveals new material.

Gujarat HC: Income Tax Reassessment Beyond 10 Years Invalid Even After Search

Supreme Court issues notice on Delhi HC order to decide if employers can claim PF/ESI deductions when employee contributions are deposited late.

Timely Deposit Vs. Delayed Contribution Debate: Supreme Court to Examine Delhi HC Ruling on PF/ESI Deduction

High Court set aside income tax assessment where authorities breached remand directions, exceeded the 12-week deadline, and violated natural justice.

Faceless Assessment Quashed for Breach of HC Directions and Natural Justice

Articles

India’s new income tax rules, effective April 1, simplify the filing process and introduce a more digital, taxpayer-friendly system.

April 1 Marks Big Changes in India’s Tax Law: Here’s What You Must Know

Tax experts & industry groups are requesting government to increase standard deduction ahead of Union Budget 2026.

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ITAT Mumbai Allows Gratuity and Leave Provisions as Valid Income Application for Charitable Trust

Gujarat HC: Income Tax Reassessment Beyond 10 Years Invalid Even After Search

Timely Deposit Vs. Delayed Contribution Debate: Supreme Court to Examine Delhi HC Ruling on PF/ESI Deduction

Faceless Assessment Quashed for Breach of HC Directions and Natural Justice

April 1 Marks Big Changes in India’s Tax Law: Here’s What You Must Know

Budget 2026: Experts Seek Higher Standard Deduction for Salaried Employees