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60% Tax On Unexplained Income Prospective From April 2017, Not Applicable To AY 2017–18: ITAT Ahmedabad

60% Tax On Unexplained Income Prospective From April 2017, Not Applicable To AY 2017–18: ITAT Ahmedabad

28 March 2026 2:34 PM IST

Finance Bill 2026: 12% Surcharge on Buybacks Applies Only to Additional Tax on Promoters; Income Tax Dept. Clarifies

Finance Bill 2026: 12% Surcharge on Buybacks Applies Only to Additional Tax on Promoters'; Income Tax Dept. Clarifies

27 March 2026 4:43 PM IST

Gujarat High Court Condones Delay In Filing Income Tax Return, Finds Accountants Error Caused Genuine Hardship

Gujarat High Court Condones Delay In Filing Income Tax Return, Finds Accountant's Error Caused Genuine Hardship

27 March 2026 11:57 AM IST

Kerala High Court Upholds Relief To Kalyan Jewellers, Rules Unrealised Mark-To-Market Gains Not Taxable

Kerala High Court Upholds Relief To Kalyan Jewellers, Rules Unrealised Mark-To-Market Gains Not Taxable

25 March 2026 4:35 PM IST

Balance Depreciation Allowed In Subsequent Year For Assets Used Less Than 180 Days: Madras High Court

Balance Depreciation Allowed In Subsequent Year For Assets Used Less Than 180 Days: Madras High Court

23 March 2026 1:59 PM IST

ITAT Ahmedabad Deletes Tax Addition Based On Loose Sheets Found During Search, Cites Lack Of Evidence

ITAT Ahmedabad Deletes Tax Addition Based On Loose Sheets Found During Search, Cites Lack Of Evidence

23 March 2026 10:13 AM IST

ITAT Ahmedabad Sets Aside Ad-Hoc Expense Disallowance As AO Failed To Point Out Defects

ITAT Ahmedabad Sets Aside Ad-Hoc Expense Disallowance As AO Failed To Point Out Defects

23 March 2026 9:28 AM IST

Finance Minister Nirmala Sitharaman Launches PRARAMBH 2026, Unveils Income Tax Website 2.0

Finance Minister Nirmala Sitharaman Launches PRARAMBH 2026, Unveils Income Tax Website 2.0

21 March 2026 9:33 PM IST

CBDT Notifies 2026 Income Tax Rules Introducing Tax Year System, Streamlines Compliance Framework

CBDT Notifies 2026 Income Tax Rules Introducing 'Tax Year' System, Streamlines Compliance Framework

20 March 2026 5:07 PM IST

ITAT Upholds Allowance Of Foreign Travel Expenses, Says No Income From Visited Countries Alone Cannot Justify Disallowance

ITAT Upholds Allowance Of Foreign Travel Expenses, Says No Income From Visited Countries Alone Cannot Justify Disallowance

20 March 2026 10:34 AM IST

Escaped Income Must Include Real Taxable Income, Not Aggregate Value: ITAT Ahmedabad

Escaped Income Must Include Real Taxable Income, Not Aggregate Value: ITAT Ahmedabad

18 March 2026 5:30 PM IST

Karnataka High Court Frames Guidelines On Calling For Production Of Spouses Income-Tax Returns In Maintenance Cases

Karnataka High Court Frames Guidelines On Calling For Production Of Spouse's Income-Tax Returns In Maintenance Cases

17 March 2026 3:16 PM IST

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