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Recent Posts
- Repacked chewing tobacco classified as ‘Manufactured Tobacco’ (2403), attracting higher Compensation Cess
- IMPORTANT INCOME TAX CASE LAWS 16.01.2026
- Unclaimed TDS credit allowed at effect-giving stage where corresponding income was offered to tax
- Benefit of New Tax Regime for AY 2023-24 allowed despite one-day delay in previous Form 10-IE
- Reassessment invalid if sanction obtained after initial rejection; uncorroborated loose sheets cannot trigger reopening
- Alleged on-money addition deleted due to lack of evidence; deemed rent on unsold units sustained
- Recording Satisfaction u/s 14A Mandatory; Business Expenses for Strategic Investments Allowed
- Assessment quashed as Section 148 notice issued by JAO violates mandatory Faceless Assessment Scheme
- IMPORTANT GST CASE LAWS 16.01.2026
- Rectification rejection set aside as authority ignored submitted FIRC documents and precedent
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