The Tribunal held that AMC services and marketing support services could not be aggregated for transfer pricing...
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 set aside the confirmed penalty where non-filing of return was attributed to medical reasons. The...
The Tribunal set aside rejection of registration due to partial documentation and remanded the matter for fresh...
The Tribunal remanded additions based on excess bank credits for factual reconciliation, granting another opportunity subject to...
The tribunal held that an ex parte assessment involving large unexplained bank credits required fresh adjudication. The...
The case examined whether an appellate authority could set aside an ex-parte reassessment. The tribunal held that...
The court upheld the quashing of a reassessment notice where the reasons were based on vague portal...
Court held that reopening of assessment based solely on vague information from Insight Portal, without a live...
Tribunal held that TDS liability under section 194-IA cannot arise unless Revenue proves that payment was actually...
The Tribunal held that reassessment proceedings initiated after the statutory limitation period were invalid. Following the Supreme...