Judgement

The Delhi High Court ruled in favour of the taxpayer, Sanjay Pratap Singh, and dismissed the appeal filed by the Income Tax Department.

Delhi HC Quashes Reassessment Based on Errors in Form 26AS: Relief for Taxpayer

Delhi High Court directed processing of a Rs. 1.16 crore income tax refund even after reassessment under Section 153C, ruling that TDS mismatch cannot be a Ground for disregarding ITR.

HC Directs Processing of Refund Claim of Rs. 1.16 Cr Despite Reassessment Proceedings u/s 153C

Articles

SC ruled that payments made by Indian end users to foreign software suppliers are not "royalty" and therefore they are not taxable in India, if there is no transfer of copyright in the software.

Software Payments Cannot be Considered as Royality Without Transferring Copyright

Software Payments Cannot be Considered as Royalty Without Transferring Copyright

As per the Income Tax Act, UPI transactions are categorised as income from other sources under section 56(2).

Income Tax Guidelines on UPI Transaction Limit in Bank A/C

The CBDT has announced the extension of due date for filing ITR till 30 November, 2025. Taxpayers who who are eligible to get a due tax refund will now be compensated with the refund for the same.

Delay in getting Income Tax Refund: CBDT extends timeline for processing old ITRs

The Income Tax Department is imposing heavy penalties on individuals using inactive PANs for financial transactions without linking them to Aadhaar.

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Delhi HC Quashes Reassessment Based on Errors in Form 26AS: Relief for Taxpayer

HC Directs Processing of Refund Claim of Rs. 1.16 Cr Despite Reassessment Proceedings u/s 153C

Software Payments Cannot be Considered as Royalty Without Transferring Copyright

Income Tax Guidelines on UPI Transaction Limit in Bank A/C

Delay in getting Income Tax Refund: CBDT extends timeline for processing old ITRs

IT Department Targets Inactive PANs, Imposes Rs. 10,000 Penalty Per Transaction