The Tribunal held that a penalty order issued after the death of the assessee is void ab...
Income Tax
Income tax in India is a direct tax imposed on individuals, businesses, and other entities based on their income. Understanding income tax is essential for proper financial planning and compliance with government regulations. This section provides comprehensive resources covering income tax slabs, ITR filing, deductions, exemptions, and the latest updates for FY 2025–26.
Whether you are a salaried employee, freelancer, or business owner, you can explore detailed guides below to learn how to calculate your tax, file returns, and maximize eligible deductions. Stay informed with the latest income tax rules, deadlines, and expert insights to manage your taxes efficiently.
The Tribunal emphasized that the assessee had no individual business in electronic goods. In the absence of...
Upholding the appellate order, the Tribunal ruled that section 68 applies only to credits of the relevant...
Coca Cola India Inc. Vs DDIT (ITAT Delhi) ITAT Delhi held that final assessment order passed beyond...
Delhi High Court held that an employee cannot be denied TDS credit due to the employer’s default...
The court addressed a demand arising from automated processing that led to double disallowance of expenses. It...
The Delhi High Court held that review jurisdiction is limited and cannot be used to reargue decided...
The issue examines how presumptive taxation is consolidated under Section 58. The key takeaway is that structural...
The issue concerned valuation of royalty for bundled services. ITAT held that faulty comparables vitiated the CUP...
The issue concerns prolonged rectification and recovery pressures. The proposal seeks strict timelines, deemed approvals, and automatic...