Judgement

The ITAT condoned a 539-day delay in filing an income tax appeal and remanded the matter to the CIT(A) for a fresh decision on merits. 

ITAT Condones 539-Day Delay and Restores Appeal Before CIT(A), Says Delay Should Not Override Merits of the Case

The ITAT remanded the Rs 11.03 crore income tax addition case to the AO after finding that the CIT(A) deleted major additions without proper verification or a remand report.

ITAT Remands Rs 11.03 Crore Tax Relief to AO, Says CIT(A) Deleted Additions Without Proper Verification

News

The CBDT has integrated foreign financial data received through the AEOI framework directly into the AIS; accordingly, taxpayers can now verify the details before filing their ITRs.

Income Tax Dept Now Auto-Populates Overseas Assets and Income Details in Your AIS

Notifications

The CBDT has notified the Cost Inflation Index (CII) at 384 for the Financial Year 2026-27 under the Income Tax Act, 2025, effective from April 2026.

CBDT Notifies Cost Inflation Index (CII) of 384 for FY 2026–27 Under the Income-tax Act, 2025

The ITAT dismissed the assessee's appeal, upholding the disallowance of delayed PF and ESI contributions and declining to re-examine the bonus disallowance issue.

ITAT Dismisses Appeal, Upholds PF and ESI Disallowance for Delayed Deposits Under Section 36(1)(va)

ITAT ruled purchases cannot be disallowed without incriminating search evidence when sales and books remain accepted.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

ITAT Condones 539-Day Delay and Restores Appeal Before CIT(A), Says Delay Should Not Override Merits of the Case

ITAT Remands Rs 11.03 Crore Tax Relief to AO, Says CIT(A) Deleted Additions Without Proper Verification

Income Tax Dept Now Auto-Populates Overseas Assets and Income Details in Your AIS

CBDT Notifies Cost Inflation Index (CII) of 384 for FY 2026–27 Under the Income-tax Act, 2025

ITAT Dismisses Appeal, Upholds PF and ESI Disallowance for Delayed Deposits Under Section 36(1)(va)

ITAT Upholds Deletion of Bogus Purchase Additions Lacking Search Evidence