๐ *FULL BLOG ARCHIVE*
๐ Refundability of
Central Excise Duty on Unmanufactured Tobacco after Central Excise (Amendment)
Act, 2025 โ Legal Position Explained
๐ https://mytaxexpert.co.in/post.php?id=275
---------------------------------
๐ NFRA Circular
NF-22/52/2025-NFRA All Statutory Auditors of Public Interest Entities (PIEs)
covered under Rule 3 of NFRA Rules, 2018 on Audit File Maintenance, Retention
& Submission to NFRA โ Mandatory Compliance under SA 230, SA 200, SA 500
& SQC 1 | Timelines, Integrity & Penalties (๐๏ธ
429)
๐ https://mytaxexpert.co.in/post.php?id=274
---------------------------------
๐ เคเคคเฅเคคเคฐ เคชเฅเคฐเคฆเฅเคถ เคฎเฅเค เคฒเฅเคเคผ เคกเฅเคก เคชเคฐ เคธเฅเคเคพเคฎเฅเคช เคถเฅเคฒเฅเค เคฎเฅเค เค
เคธเฅเคฅเคพเคฏเฅ
เคฐเคพเคนเคค: 19 เคจเคตเคเคฌเคฐ 2025 เคเฅ เค
เคงเคฟเคธเฅเคเคจเคพ เคเคพ เคตเฅเคฏเคพเคตเคธเคพเคฏเคฟเค เคตเคฟเคถเฅเคฒเฅเคทเคฃ
๐ https://mytaxexpert.co.in/post.php?id=273
---------------------------------
๐ No Transfer Pricing
Adjustment on Interest for Delayed AE Receivables Where Working Capital
Adjustment Granted: ITAT Delhi in ERM India Pvt. Ltd. v. DCIT
๐ https://mytaxexpert.co.in/post.php?id=272
---------------------------------
๐ Offshore Supply Not
Taxable in India and No Supervisory or Fixed Place PE Established: ITAT Delhi
in SAIC Motor Corporation Ltd. v. ACIT
๐ https://mytaxexpert.co.in/post.php?id=271
---------------------------------
๐ Donation of Sale
Proceeds to Another Charitable Trust Held Valid Application of Income: ITAT
Delhi in ITO (E) v. Prakash Sewa Trust
๐ https://mytaxexpert.co.in/post.php?id=270
---------------------------------
๐ Segment-Wise Transfer
Pricing Mandatory and Non-Compete Fee Treated as Revenue: ITAT Delhi in
Spectris Technologies Pvt. Ltd. v. ITO
๐ https://mytaxexpert.co.in/post.php?id=269
---------------------------------
๐ Depreciation on
Goodwill from Amalgamation Allowed โ ITAT Mumbai Follows Smifs Securities in
ACIT vs Siyaram Silk Mills Ltd
๐ https://mytaxexpert.co.in/post.php?id=268
---------------------------------
๐ Section 68 Addition
Deleted for Opening Balances and Genuine Loans โ ITAT Mumbai in ACIT vs Supreme
Lake View Bungalows Pvt. Ltd.
๐ https://mytaxexpert.co.in/post.php?id=267
---------------------------------
๐ Ex-Parte Assessment and
Appeal Set Aside with Costs; Matter Remanded for Fresh Adjudication: ITAT
Mumbai in Sunni Hanfi Mashayaki Momin Trust v. ITO
๐ https://mytaxexpert.co.in/post.php?id=266
---------------------------------
๐ ITAT Mumbai Allows
Withdrawal of Appeal Under Direct Tax Vivad Se Vishwas Scheme, 2024 โ Solenis
Chemicals India Pvt. Ltd. vs ACIT
๐ https://mytaxexpert.co.in/post.php?id=265
---------------------------------
๐ ITAT Mumbai Remands
Property Investment Addition for Fresh Assessment โ Seema Pappu Yadav vs ITO
๐ https://mytaxexpert.co.in/post.php?id=264
---------------------------------
๐ Stamp Duty Value on
Date of Allotment to Be Adopted Under Section 56(2) โ ITAT Mumbai in Sarayu
Krishna Kamat vs DCIT
๐ https://mytaxexpert.co.in/post.php?id=263
---------------------------------
๐ Reassessment Notice
Issued Beyond Limitation Held Void: ITAT Delhi Applies Supreme Court Ruling in
Union of India v. Rajeev Bansal
๐ https://mytaxexpert.co.in/post.php?id=262
---------------------------------
๐ Revision under Section
263 Invalid Where Issue Falls Outside Limited Scrutiny Scope: ITAT Delhi in
Harun Ali v. Pr. CIT
๐ https://mytaxexpert.co.in/post.php?id=261
---------------------------------
๐ Share Capital and
Premium Addition under Section 68 Restored for Fresh Verification of Source of
Source: ITAT Delhi in Baba Healthcare Pvt. Ltd. v. ACIT
๐ https://mytaxexpert.co.in/post.php?id=260
---------------------------------
๐ Cash Sales During
Demonetisation Taxable Only on Estimated GP Basis; Section 115BBE Inapplicable:
ITAT Delhi in DCIT v. JMK Jewels Pvt. Ltd
๐ https://mytaxexpert.co.in/post.php?id=259
---------------------------------
๐ Reassessment Quashed
for Borrowed Satisfaction and Estimated Additions Deleted: ITAT Delhi in JHS
Svendgaard Laboratories Ltd. v. DCIT
๐ https://mytaxexpert.co.in/post.php?id=258
---------------------------------
๐ Depreciation on BOT
Highway Project Allowable Despite Non-Ownership: ITAT Delhi in JCIT v. Gwalior
Bypass Project Ltd.
๐ https://mytaxexpert.co.in/post.php?id=257
---------------------------------
๐ Section 68 Addition on
Unsecured Loan Deleted Where Lenderโs Assessment Accepted by Revenue: ITAT
Delhi in Passion Realtech Pvt. Ltd. v. ACIT
๐ https://mytaxexpert.co.in/post.php?id=256
---------------------------------
๐ CIT(A) Order Set Aside
for Non-Compliance with Section 250(6) in Alleged Bogus Purchase Case: ITAT
Delhi in Bholenath Foods Ltd. v. DCIT
๐ https://mytaxexpert.co.in/post.php?id=255
---------------------------------
๐ Transfer Pricing
Adjustments Deleted Applying Principle of Consistency: ITAT Delhi in DCIT v.
Exxon Mobil Lubricants Pvt. Ltd.
๐ https://mytaxexpert.co.in/post.php?id=254
---------------------------------
๐ Double Disallowance
under Section 40(a)(ia) Not Permissible Where Assessee Has Suo Motu Disallowed
Expenses: ITAT Delhi in DeliverHealth Services Pvt. Ltd. v. DCIT
๐ https://mytaxexpert.co.in/post.php?id=253
---------------------------------
๐ Ex-Parte CIT(A) Order
Set Aside for Violation of Natural Justice: ITAT Delhi in Berger Becker
Coatings Pvt. Ltd. v. DCIT
๐ https://mytaxexpert.co.in/post.php?id=252
---------------------------------
๐ Rule 86A Cannot Create
Negative Balance in Electronic Credit Ledger: Delhi High Court Restricts
Blocking of ITC Beyond Available Credit โ Best Crop Science Pvt. Ltd. v.
Principal Commissioner, CGST, Meerut
(W.P.(C) 10980/2024 & Connected Matters | Delhi High Court)
๐ https://mytaxexpert.co.in/post.php?id=251
---------------------------------
๐ GST Recovery Stayed
During Statutory Appeal Period: Allahabad High Court Quashes Premature Recovery
from Electronic Credit Ledger, M/s S.A.B. Engg Works v. State of U.P. (WRIT TAX
No. 2254 of 2025)
๐ https://mytaxexpert.co.in/post.php?id=250
---------------------------------
๐ C&AG EMPANELMENT
POLICY โ Draft 2026-27 vs 2025-26
๐ https://mytaxexpert.co.in/post.php?id=249
---------------------------------
๐ UP Cabinet Approves
Stamp Duty Concession on Family Gift Deeds of Commercial & Industrial
Properties (Effective 2026)
๐ https://mytaxexpert.co.in/post.php?id=248
---------------------------------
๐ Addition under Section
69A Not Sustainable for Mere Reclassification of Unsecured Loans: ITAT Mumbai
in ITO v. NDW Development Corporation LLP
๐ https://mytaxexpert.co.in/post.php?id=247
---------------------------------
๐ Bogus Purchase Addition
Deleted Despite Supplier Return Issues: ITAT Mumbai Upholds Documentary
Evidence Over Mere Non-Filing โ ACIT vs Everest Food Products Pvt. Ltd. (AY
2021-22)
๐ https://mytaxexpert.co.in/post.php?id=246
---------------------------------
๐ Reversal of MSMED Act
Interest Not Taxable If Not Claimed as Deduction โ ITAT Mumbai in Siemens
Limited vs ADIT (AY 2020-21)
๐ https://mytaxexpert.co.in/post.php?id=245
---------------------------------
๐ Cash Deposits Explained
by Prior Withdrawals and Tuition Income: Section 69A Addition Deleted by ITAT
Mumbai โ Manisha Kamalkar Sadavarte Case
๐ https://mytaxexpert.co.in/post.php?id=244
---------------------------------
๐ Reassessment Invalid
Where No Addition Made on Recorded Reasons: ITAT Mumbai Allows LTCG Exemption
under Section 10(38) โ Chintan Harshad Kanakia v. ITO
๐ https://mytaxexpert.co.in/post.php?id=243
---------------------------------
๐ Business Expenditure of
Holding Companies Allowable Even Without Active Operations: ITAT Delhi in
Lifestyle and Media Holdings Ltd. vs DCIT (AYs 2014-15 to 2016-17)
๐ https://mytaxexpert.co.in/post.php?id=242
---------------------------------
๐ Revision under Section
263 Invalid When AO Takes a Plausible View: ITAT Delhi in Decent Securities (P)
Ltd v. Pr. CIT (AY 2017-18)
๐ https://mytaxexpert.co.in/post.php?id=241
---------------------------------
๐ Validity of Assessment
under Section 153A in Abated Proceedings โ ITAT Delhi in ACIT v. Sandur Bypass
Projects Pvt. Ltd. (AY 2011-12)
๐ https://mytaxexpert.co.in/post.php?id=240
---------------------------------
๐ Assessment under
Section 153A Without Incriminating Material Is Invalid โ Bogus LTCG Addition
Deleted by ITAT Delhi in Nitin Johari v. ACIT
๐ https://mytaxexpert.co.in/post.php?id=239
---------------------------------
๐ Revision under Section
263 Invalid Where AO Conducted Due Enquiry: ITAT Delhi in J.M. Housing Limited
v. Pr. CIT (Central), Kanpur
๐ https://mytaxexpert.co.in/post.php?id=238
---------------------------------
๐ Transfer Pricing on
Import of Finished Goods: Resale Price Method Upheld as Most Appropriate Method
โ ITAT Delhi in Luxottica India Eyewear Pvt. Ltd. vs. ACIT
๐ https://mytaxexpert.co.in/post.php?id=237
---------------------------------
๐ Bogus Purchases Cannot
Be Added When Sales Are Undisputed: ITAT Delhi Upholds Deletion of Addition in
ACIT vs Indure Pvt. Ltd. (AY 2013-14)
๐ https://mytaxexpert.co.in/post.php?id=236
---------------------------------
๐ Assessment under
Section 153A vs Regular Assessment under Section 143(3): ITAT Delhi in
Gurucharan Singh Hora v. DCIT on Jurisdiction, Search Assessments, and Addition
under Section 69A (๐๏ธ 60)
๐ https://mytaxexpert.co.in/post.php?id=235
---------------------------------
๐ Reassessment for AY
2015-16 Beyond 1 April 2021 Held Time-Barred: ITAT Delhi Quashes Notice Under
Section 148 Following Supreme Court Ruling in Rajeev Bansal
๐ https://mytaxexpert.co.in/post.php?id=234
---------------------------------
๐ Penalty under Section
270A Cannot Be Sustained on a Charge Different from the One Initiated: ITAT
Delhi in Umri Pooph Pratappur Tollway Pvt. Ltd. v. ACIT (AY 2018-19)
๐ https://mytaxexpert.co.in/post.php?id=233
---------------------------------
๐ Reassessment Based on
Alleged Accommodation Entries Unsustainable Without Fresh Tangible Evidence:
ITAT Delhi in DCIT vs. Apoorva Leasing Finance & Investment Co. Ltd. (AY
2011-12)
๐ https://mytaxexpert.co.in/post.php?id=232
---------------------------------
๐ Section 68 Cannot Be
Invoked in Firmโs Hands for Capital and Loan Introduced by Identified Partners
and Relatives: ITAT Delhi in ACIT vs Gurkirat BPO Services LLP (AY 2017-18)
๐ https://mytaxexpert.co.in/post.php?id=231
---------------------------------
๐ Religious Trust
Entitled to Section 11 Exemption: Donations Cannot Be Treated as Advertisement
Income โ ITAT Delhi
๐ https://mytaxexpert.co.in/post.php?id=230
---------------------------------
๐ Assessment Order Passed
Without Considering Assesseeโs Reply Violates Principles of Natural Justice:
ITAT Delhi Restores Matter for De Novo Assessment | Royalux Lighting LLP v.
Assessment Unit (AY 2022-23) (๐๏ธ 36)
๐ https://mytaxexpert.co.in/post.php?id=229
---------------------------------
๐ Provision for Warranty
Allowable Under Section 37 When Based on Scientific Method and Past Experience:
ITAT Delhi in Marelli UM Electronic Systems Pvt. Ltd. v. DCIT
๐ https://mytaxexpert.co.in/post.php?id=228
---------------------------------
๐ Penalty under Section
271(1)(c) Cannot Survive When Quantum Appeal Is Pending: ITAT Delhi in Neetu
Gupta vs Income Tax Officer (AY 2011-12)
๐ https://mytaxexpert.co.in/post.php?id=227
---------------------------------
๐ Revision under Section
263 Not Sustainable Where AO Takes a Plausible View on Bogus Purchases: ITAT
Delhi in Axis Infoline Pvt. Ltd. v. PCIT-1
๐ https://mytaxexpert.co.in/post.php?id=226
---------------------------------
๐ Ex-Parte Assessment
under Section 144 Set Aside for Violation of Natural Justice: ITAT Lucknow
Restores Matter to Assessing Officer in Demonetisation Cash Deposit Case (AY
2017-18)
๐ https://mytaxexpert.co.in/post.php?id=225
---------------------------------
๐ TDS Credit Cannot Be
Denied Without Proper Verification in Joint Property Transactions โ ITAT
Lucknow Restores Matter for Fresh Adjudication | Krishna Prakash Goel vs ITO
(AY 2023-24)
๐ https://mytaxexpert.co.in/post.php?id=224
---------------------------------
๐ Ex-Parte Dismissal by
NFAC Held Unsustainable: ITAT Restores Cash Deposit Addition Case under
Sections 69A, 144 & 115BBE โ Nitin Dwivedi vs ITO (AY 2017-18)
๐ https://mytaxexpert.co.in/post.php?id=223
---------------------------------
๐ Deduction under Section
80P on Interest from Statutory Bank Deposits Allowed to Co-operative Sugar Cane
Society โ ITAT Lucknow in District Co-operative Sugar Cane Supply Ltd. vs. ITO
(AY 2020-21)
๐ https://mytaxexpert.co.in/post.php?id=222
---------------------------------
๐ Assessment Order
Quashed for Unauthorized Conversion of Limited Scrutiny into Complete Scrutiny
โ ITAT Lucknow in K.M. Gases Pvt. Ltd. vs DCIT (AY 2015-16)
๐ https://mytaxexpert.co.in/post.php?id=221
---------------------------------
๐ Cash Capital
Contribution from Close Relatives โ ITAT Lucknow Remands โน13.50 Lakh Addition
u/s 68 r.w.s. 115BBE | Nasim Ahmad Khan Case vs ACIT
๐ https://mytaxexpert.co.in/post.php?id=220
---------------------------------
๐ Demonetisation Cash
Sales in Jewellery Business โ ITAT Lucknow Restores โน2.75 Crore Addition u/s 68
for Fresh Verification | ACIT vs Mallics Jewels (ITA 312/LKW/2023)
๐ https://mytaxexpert.co.in/post.php?id=219
---------------------------------
๐ Revision Under Section
263 Invalid Where AO Conducted Enquiries and Took a Plausible View: ITAT
Lucknow in Subhash Jaiswal Associates vs PCIT
๐ https://mytaxexpert.co.in/post.php?id=218
---------------------------------
๐ Search Assessments
Cannot Be Based on Estimated Profit Without Incriminating Material: ITAT
Lucknow in Rakesh Kumar Pandey vs DCIT (Central)
๐ https://mytaxexpert.co.in/post.php?id=217
---------------------------------
๐ Exemption Under Section
10(23C)(iiiab) Allowed to Government-Aided Educational Institution: ITAT
Lucknow Dismisses Revenue Appeals in ITO vs Kamla Nehru P.G. College
๐ https://mytaxexpert.co.in/post.php?id=216
---------------------------------
๐ Penalty Under Section
271(1)(c) Cannot Survive When Quantum Assessment Is Set Aside: ITAT Lucknow in
Atul Kishore Trivedi vs ITO
๐ https://mytaxexpert.co.in/post.php?id=215
---------------------------------
๐ Share Trading Loss
Disallowed as Speculative for Lack of Delivery Proof: ITAT Lucknow in Narain
Properties Ltd. v. ACIT
๐ https://mytaxexpert.co.in/post.php?id=214
---------------------------------
๐ ITAT Lucknow Quashes
Penalty Appeal Dismissal in Limine: Marut Paper Products Pvt. Ltd. vs ACIT โ
Violation of Section 250(6)
๐ https://mytaxexpert.co.in/post.php?id=213
---------------------------------
๐ ITAT Lucknow Upholds
Additions on Undisclosed Interest and Accommodation Entries: Main Land Finance
Pvt. Ltd. vs ITO
๐ https://mytaxexpert.co.in/post.php?id=212
---------------------------------
๐ Rejection of
Registration under Sections 12AB and 80G for Lack of Charitable Activity Not
Sustainable When Funds Are Utilised for Construction of Charitable
Infrastructure โ ITAT Lucknow in Kirti Mahal Satsang Bhawan Trust vs. CIT
(Exemptions)
๐ https://mytaxexpert.co.in/post.php?id=211
---------------------------------
๐ ITAT Lucknow Sets Aside
CIT(A) Order for Violation of Natural Justice: Aabdeen Travel Services vs ITO
(AY 2017-18)
๐ https://mytaxexpert.co.in/post.php?id=210
---------------------------------
๐ ITAT Delhi Holds PCITโs
Section 263 Revision Invalid Where AO Made Detailed Enquiries and Applied Mind;
Addition Under Section 68 Held Appropriate, Not Section 41(1) โ J.M. Housing
Ltd. v. PCIT (ITA No. 8248/Del/2025) (Del-Trib, 31.12.2025)
๐ https://mytaxexpert.co.in/post.php?id=209
---------------------------------
๐ Benami Transactions
& Demonetisation Cash Routing: Provisional Attachment, โReasons to Believeโ
and Independent Satisfaction โ M/s Bajrang Traders v. Initiating Officer
(SAFEMA Tribunal, 2025)
๐ https://mytaxexpert.co.in/post.php?id=208
---------------------------------
๐ Revision under Section
264 vis-ร -vis Appeal under Section 246A: Scope of Discretion, Errors in Return
and the Preventive Role of Revisional Jurisdiction โ An Analysis of the Bombay
High Court decision in Swaminarayan Mandir Trust Versus Commissioner of Income
Tax (Exemptions), Mumbai & Ors
๐ https://mytaxexpert.co.in/post.php?id=207
---------------------------------
๐ Limitation Under
Section 153 Applies to DRP Proceedings Under Section 144C โ Assistant
Commissioner of Income Tax (International Taxation) v. Shelf Drilling Ron
Tappmeyer Ltd., Supreme Court (2025 INSC 946)
๐ https://mytaxexpert.co.in/post.php?id=206
---------------------------------
๐ Income-tax Prosecution
Cannot Continue After Settlement Commission Grants Penalty Immunity Without
Proof of Wilful Evasion โ Vijay Krishnaswami @ Krishnaswami Vijayakumar v.
Deputy Director of Income Tax (Investigation), Supreme Court (2025 INSC 1048)
๐ https://mytaxexpert.co.in/post.php?id=205
---------------------------------
๐ Temporary Break in
Business Is Not Business Closure โ Pride Foramer S.A. vs Commissioner of Income
Tax & Anr., Supreme Court (2025 INSC 1247)
๐ https://mytaxexpert.co.in/post.php?id=204
---------------------------------
๐ GST Goods Detention for
Route Deviation Unsustainable Without Proof of Tax Evasion โ Section 129
Penalty Set Aside by Karnataka High Court | M/s. Hysum Steel v. JCCT (Appeals)
(2025)
๐ https://mytaxexpert.co.in/post.php?id=203
---------------------------------
๐ Ex-parte GST
Adjudication and Cancellation of Registration Set Aside for Violation of
Natural Justice โ Karnataka High Court | D.V. Constructions v. Union of India
(2025)
๐ https://mytaxexpert.co.in/post.php?id=202
---------------------------------
๐ Parallel GST
Proceedings Barred under Section 6(2)(b) of CGST Act โ Karnataka High Court
Quashes State GST Order | M/s. Electronic City Motors v. Union of India (2025)
๐ https://mytaxexpert.co.in/post.php?id=201
---------------------------------
๐ Sponsorship Payments
for ICC Brand Usage Treated as Royalty: Delhi High Court Upholds 15% TDS under
Section 195 โ LG Electronics India (P) Ltd. v. DIT (International Taxation)
[2025]
๐ https://mytaxexpert.co.in/post.php?id=200
---------------------------------
๐ Sanction for
Prosecution under Section 276B Cannot Be Mechanical Where TDS Is Paid with
Interest โ Karnataka High Court Sets Aside Sanction in M/s GM Infinite Dwelling
India Pvt. Ltd. & Ors. VersusThe Commissioner of Income Tax (TDS),
Bengaluru & Anr.
๐ https://mytaxexpert.co.in/post.php?id=199
---------------------------------
๐ Stock-in-Trade of
Jeweller Recorded in Books and Supported by Contemporaneous Evidence Cannot Be
Seized Under Sections 132/132A โ Bombay High Court Orders Unconditional Release
| Mahavir Jewellers NX LLP v. DDIT (Inv.) (2025)
๐ https://mytaxexpert.co.in/post.php?id=198
---------------------------------
๐ Depreciation on Block
of Assets Cannot Be Denied for Non-Use of Individual Units โ Madras High Court
Dismisses Revenue Appeal in CIT v. Kothari Sugars and Chemicals Ltd. (AY
2003-04)
๐ https://mytaxexpert.co.in/post.php?id=197
---------------------------------
๐ Frequently Asked
Questions (FAQs) for Health Security se National Security (HSNS) Cess Act, 2026
and HSNS Cess Rules, 2026
๐ https://mytaxexpert.co.in/post.php?id=196
---------------------------------
๐ Section 68 Addition
Unsustainable Where Bank Trail & PAN Established: Patna High Court in
Rajnandani Projects (P) Ltd. v. PCIT (2025)
๐ https://mytaxexpert.co.in/post.php?id=195
---------------------------------
๐ Supreme Court Holds
Non-Compete Fee as Allowable Revenue Expenditure under the Income-tax Act
(Sharp Business System v. CIT-III, 2025 INSC 1481)
๐ https://mytaxexpert.co.in/post.php?id=194
---------------------------------
๐ Section 44C Applies to
All Head Office Expenditure of Non-ResidentsโCommon or Exclusive: Supreme Court
Settles Law in DIT v. American Express Bank Ltd. (2025 INSC 1431)
๐ https://mytaxexpert.co.in/post.php?id=193
---------------------------------
๐ Tie breaker Rule in
Double Taxation Avoidance Agreement (DTAA): Determination of Tax Residence in
Dual Residency Cases with Key Judicial Precedents
๐ https://mytaxexpert.co.in/post.php?id=192
---------------------------------
๐ Unproved Bank
Liabilities for Unpresented Cheques Treated as Bogus Credits; SLP Dismissed by
Supreme Court โ Harsha Associates (P) Ltd. v. DCIT
๐ https://mytaxexpert.co.in/post.php?id=191
---------------------------------
๐ Extension of last date
of CPE hoursโ compliance for the Calendar year 2025 - From 31st December, 2025
to 31st March, 2026 (๐๏ธ 712)
๐ https://mytaxexpert.co.in/post.php?id=190
---------------------------------
๐ MCA replaces Annual KYC
requirements under the Companies Act, 2013 with abridged KYC requirements once
in three years (๐๏ธ 881)
๐ https://mytaxexpert.co.in/post.php?id=189
---------------------------------
๐ Stay of Income-tax
Demand Cannot Be Rejected Mechanically for Non-Payment of 20% โ Delhi High
Court in Clearmedi Healthcare Pvt. Ltd. v. DCIT Reaffirms Discretion under
Section 220(6) (๐๏ธ 683)
๐ https://mytaxexpert.co.in/post.php?id=188
---------------------------------
๐ Bogus Political
Donations Routed Back to Donor Not Eligible for Deduction under Section 80GGC โ
ITAT Ahmedabad in Rajen Jayantilal Merchant v. ITO (๐๏ธ
772)
๐ https://mytaxexpert.co.in/post.php?id=187
---------------------------------
๐ Prosecution Under
Section 276C(2) Quashed for Non-Payment of Self-Assessment Tax: No Willful
Evasion Established โ Vilas Babanrao Kalokhe v. PCIT (Central) (Bom HC, 2025) (๐๏ธ
237)
๐ https://mytaxexpert.co.in/post.php?id=186
---------------------------------
๐ Ad Hoc 10% Disallowance
of Travelling & Telephone Expenses Deleted: No Discrepancies in Audited
Books โ Spectrum Talent Management v. ACIT (ITAT Delhi, 2025)
๐ https://mytaxexpert.co.in/post.php?id=185
---------------------------------
๐ Supreme Court mandates
strict timelines for oral arguments, issues Circular (๐๏ธ
152)
๐ https://mytaxexpert.co.in/post.php?id=184
---------------------------------
๐ No Penalty on Wife for
Non-Disclosure of Joint Foreign Investment When Husband Declares in ITR: PCIT
v. Aditi Avinash Athavankar (Bom. HC, 2025) (๐๏ธ
144)
๐ https://mytaxexpert.co.in/post.php?id=183
---------------------------------
๐ Judicial Review as the
Sole Remedy Against AAAR Orders Under GST: Constitutional Recourse, Limits of
Appeal & Key Case Law Analysis (๐๏ธ 259)
๐ https://mytaxexpert.co.in/post.php?id=182
---------------------------------
๐ Fictitious Firms, Fake
Invoicing & Fraudulent ITC under GST: Modus Operandi, Legal Exposure and
Enforcement Framework (๐๏ธ 278)
๐ https://mytaxexpert.co.in/post.php?id=181
---------------------------------
๐ Prosecution under
Section 276C(2) Quashed for Delayed Self-Assessment Tax: No Willful Evasion
Established โ Vilas Babanrao Kalokhe v. PCIT (Central) [2025] (๐๏ธ
242)
๐ https://mytaxexpert.co.in/post.php?id=180
---------------------------------
๐ No Penalty for
Non-Disclosure of Joint Foreign Investment When Husband Declared It: PCIT v.
Aditi Avinash Athavankar (2025) โ Discretion under Black Money Act Upheld (๐๏ธ
201)
๐ https://mytaxexpert.co.in/post.php?id=179
---------------------------------
๐ ICAI Extends Phase IV
Peer Review Mandate to 31 December 2026 for Eligible CA Firms (๐๏ธ
987)
๐ https://mytaxexpert.co.in/post.php?id=178
---------------------------------
๐ Reassessment Limitation
under New Regime: Allahabad High Court in Dinesh Jain v. Union of India Applies
Rajeev Bansal (SC) to Quash Time-Barred AY 2016-17 Notice (๐๏ธ
236)
๐ https://mytaxexpert.co.in/post.php?id=177
---------------------------------
๐ Compliance Templates
& Checklist for Section 194T โ TDS on Payments to Partners (๐๏ธ
174)
๐ https://mytaxexpert.co.in/post.php?id=176
---------------------------------
๐ ICAI Introduces
Mandatory E-Diary for Practical Training from 1 Jan 2026 (๐๏ธ
8632)
๐ https://mytaxexpert.co.in/post.php?id=175
---------------------------------
๐ MCA General Circular
No. 08/2025: Deadline Extended to 31st January 2026 for Filing Financial
Statements & Annual Returns (Companies Act, 2013) (๐๏ธ
1407)
๐ https://mytaxexpert.co.in/post.php?id=174
---------------------------------
๐ Allowance of claim of
interest expenses - assessee had claimed as business expenses and
alternatively, as expenses allowable under the head โIncome from House
Propertyโ u/s 24(b) - asset was put to use, Rup Kumar Ramchandani Prop. M/s
SHE, Ajmer Versus Income Tax Officer, Ward-1 (2) Ajme (๐๏ธ
185)
๐ https://mytaxexpert.co.in/post.php?id=173
---------------------------------
๐ Appeal Maintainable
Despite Low Tax Effect Due to Accommodation Entry Exception: Delhi High Court
in Pr. CIT-1 v. Agroha Fincap Ltd. (ITA No. 60/2024, 23.12.2025) (๐๏ธ
151)
๐ https://mytaxexpert.co.in/post.php?id=172
---------------------------------
๐ Interest u/s 220(2) Not
Leviable Before Fresh Section 156 Demand Notice: ITAT Mumbai in Samsara
Shipping (P) Ltd. v. ITO [TS-1710-ITAT-2025(Mum)] (๐๏ธ
203)
๐ https://mytaxexpert.co.in/post.php?id=171
---------------------------------
๐ No Tax on Trust with
Overall Deficit Even if Activities Alleged Commercial: ITAT Mumbai in The
Mysore Association Bombay v. ITO [TS-1713-ITAT-2025(Mum)] (๐๏ธ
135)
๐ https://mytaxexpert.co.in/post.php?id=170
---------------------------------
๐ ITR-U Under Section
139(8A): A Costly Last Resort After 31st December for Missed Belated and
Revised Returns (๐๏ธ 694)
๐ https://mytaxexpert.co.in/post.php?id=169
---------------------------------
Professional Updates:
๐ Bombay HC Quashes Assessment for Granting
Only 3 Days to Respond: Minimum 7-Day Response to SCN Mandatory as per CBDT SOP
in Dhiraj Lakhamshi Shah v. NFAC (AY 2020-21)
๐ https://mytaxexpert.co.in/post.php?id=168
---------------------------------
๐ Levy of Interest u/s
220(2) Held Invalid Prior to Fresh Demand Notice u/s 156: ITAT Mumbai in
Samsara Shipping (P) Ltd. v. ITO (AY 2021-22)
๐ https://mytaxexpert.co.in/post.php?id=167
---------------------------------
๐ FAQs on key accounting
implications arising from the New Labour Codes, New Labour Codes (2025): Key
Accounting Implications on Gratuity, Leave Obligation, Interim Reporting,
Exceptional Item Presentation & Tax Treatment under Ind AS / Indian GAAP
๐ https://mytaxexpert.co.in/post.php?id=166
---------------------------------
๐ Delhi HC: Revenue
Appeal Maintainable Despite Low Tax Effect Due to Accommodation Entry
Exception; Reassessment Quashed for Invalid Section 151 Approval | Pr. CIT-1 v.
Agroha Fincap Ltd. (2025)
๐ https://mytaxexpert.co.in/post.php?id=165
---------------------------------
๐ Registration of Legal
Heir / Representative Assessee on the Income-tax e-Filing / ITBA Portal
Procedure, Documentary Requirements and Indemnity Format
๐ https://mytaxexpert.co.in/post.php?id=164
---------------------------------
๐ Government
Rehabilitation Subsidy Held Capital Receipt: Purpose Test Applied | Dharmapuri
District Co-operative Milk Producers Union Ltd. v. DCIT (Madras HC, 2025)
๐ https://mytaxexpert.co.in/post.php?id=163
---------------------------------
๐ Vocational Training as
โEducationโ under Section 2(15): Karnataka HC Allows Section 11 Exemption
Despite Surplus | Deshpande Education Trust v. ACIT (2025)
๐ https://mytaxexpert.co.in/post.php?id=162
---------------------------------
๐ Eligibility of
Partnerโs Remuneration for Presumptive Taxation u/s 44ADA: ITAT Delhi Allows
44ADA Benefit to Chartered Accountant Partner | Ranu Gupta vs ACIT (2025)
๐ https://mytaxexpert.co.in/post.php?id=160
---------------------------------
๐ Incorrect PIN Code in
E-Way Bill Held Minor Error: Allahabad High Court Quashes GST Seizure &
Penalty under Section 129 | RC Sales and Services vs State of Uttar Pradesh
๐ https://mytaxexpert.co.in/post.php?id=158
---------------------------------
๐ Reopening Notice by
Jurisdictional AO Instead of Faceless AO Quashed: Rahul Bagrecha v. DCIT (2025)
| Invalid Section 148 Notice & Assessment Under Faceless Regime
๐ https://mytaxexpert.co.in/post.php?id=157
---------------------------------
๐ Supreme Court on
Section 44C: DIT (Intl. Tax), Mumbai v. American Express Bank Ltd. โ Cap on
Head Office Expenditure for Non-Residents Reaffirmed (Judgment dated
15.12.2025)
๐ https://mytaxexpert.co.in/post.php?id=156
---------------------------------
๐ Delay of 4 Days in
Filing Form 10B Is Procedural and Not Fatal โ ITAT Delhi Allows Section 11
Exemption and Sets Aside CPC Adjustment | Aarti Singal Foundation (AY 2021-22)
๐ https://mytaxexpert.co.in/post.php?id=155
---------------------------------
๐ Assessments Under
Section 153C Quashed for Absence of Mandatory Satisfaction Note โ ITAT Delhi
Follows Saksham Commodities Ratio | Rajan Verma (AYs 2018-19 to 2020-21)
๐ https://mytaxexpert.co.in/post.php?id=154
---------------------------------
๐ Bogus Commission Paid
to Shell Entity Taxable Under Section 68 and Assessment Valid Despite Non-Issue
of Section 143(2) Notice โ ITAT Delhi Dismisses Appeal | Jaibro Industries (AY
2012-13) (๐๏ธ 107)
๐ https://mytaxexpert.co.in/post.php?id=153
---------------------------------
๐ Penalty Under Section
271(1)(c) Cannot Survive Once Quantum Addition Is Deleted โ ITAT Delhi Deletes
Penalty | Surya Jyoti Software Pvt. Ltd. (AY 2009-10)
๐ https://mytaxexpert.co.in/post.php?id=152
---------------------------------
๐ Ex-Parte Order by
CIT(A) Set Aside for Non-Adjudication on Merits โ ITAT Delhi Restores Appeal on
Additions under Section 69A | Archit Jain (AY 2022-23)
๐ https://mytaxexpert.co.in/post.php?id=151
---------------------------------
๐ Delay of 378 Days
Condoned and Ex-Parte Order Set Aside for Violation of Natural Justice โ ITAT
Delhi Restores Appeal to CIT(A) | Central Council for Research in Ayurvedic (AY
2012-13)
๐ https://mytaxexpert.co.in/post.php?id=150
---------------------------------
๐ Reassessment Notice
Issued After 01.04.2021 for AY 2015-16 Held Time-Barred Despite TOLA Extension
โ ITAT Delhi Upholds CIT(A) | ITO vs. Neem Chand
๐ https://mytaxexpert.co.in/post.php?id=149
---------------------------------
๐ Addition for
Unexplained Investment in Immovable Property Set Aside After Considering DRP
Directions โ ITAT Delhi Grants Relief to NRI Assessee | Dileep Kumar Dwivedi
(AY 2015-16)
๐ https://mytaxexpert.co.in/post.php?id=148
---------------------------------
๐ Bogus Purchases
Addition Based Solely on Tax Evasion Petition Held Unsustainable โ ITAT Delhi
Deletes Ad-hoc Profit Addition | Arvind Jain (AY 2014-15)
๐ https://mytaxexpert.co.in/post.php?id=147
---------------------------------
๐ Penalty Under Section
270A for Alleged Misreporting Set Aside โ ITAT Delhi Allows Immunity Where No
Suppression of Facts | Nirjeet Singh (AY 2022-23)
๐ https://mytaxexpert.co.in/post.php?id=146
---------------------------------
๐ Disallowance Under
Section 43B Without Adjudication on Merits Set Aside โ ITAT Delhi Restores
Matter for Speaking Order | Landmark Exim Pvt. Ltd. (AY 2020-21)
๐ https://mytaxexpert.co.in/post.php?id=145
---------------------------------
๐ Assessment Quashed for
Want of Jurisdictional Notice Under Section 143(2) โ ITAT Delhi Holds Notice by
Non-Jurisdictional AO Invalid | Harish Chand Gupta (AY 2017-18)
๐ https://mytaxexpert.co.in/post.php?id=144
---------------------------------
๐ Bogus Purchases and
Estimation of Profit at 6% Instead of 100% Addition Under Section 69C โ ITAT
Delhi Upholds CIT(A)โs Order | RMS Power Solutions Pvt. Ltd. (AY 2018-19)
๐ https://mytaxexpert.co.in/post.php?id=143
---------------------------------
๐ Ex-Parte Order by
CIT(A) Without Proper Opportunity Violates Principles of Natural Justice โ ITAT
Delhi Remands Matter | Queen Distillers and Bottles Pvt. Ltd. (AY 2022-23)
๐ https://mytaxexpert.co.in/post.php?id=142
---------------------------------
๐ Section 43B
Disallowance Cannot Be Sustained Without Speaking Order: ITAT Delhi Restores
Matter to CIT(A) | Landmark Exim Pvt. Ltd. v. DCIT (AY 2020-21)
๐ https://mytaxexpert.co.in/post.php?id=141
---------------------------------
๐ Trademark Law and
Public Health in India: Judicial Application of the Doctrine of Heightened
Caution in Look-Alike and Sound-Alike Pharmaceutical Trademarks (Macleods
Pharmaceuticals v. Union of India)
๐ https://mytaxexpert.co.in/post.php?id=140
---------------------------------
๐ Sales Discount to
Stockists Not Commission โ No TDS u/s 194H: Mumbai ITAT in Novartis Healthcare
(P) Ltd. v. DCIT (TDS) Following Piramal Healthcare (Bom HC)
๐ https://mytaxexpert.co.in/post.php?id=139
---------------------------------
๐ TDS Credit Cannot Be
Restricted u/s 143(1) When Reflected in Form 26AS: Pune ITAT in ACIT v. Gateway
Terminals India Pvt. Ltd. on Section 199 & Rule 37BA
๐ https://mytaxexpert.co.in/post.php?id=138
---------------------------------
๐ Representation
regarding mechanical issuance of notices and non-consideration of responses
under the Faceless Assessment and Faceless Appeal Schemes
๐ https://mytaxexpert.co.in/post.php?id=137
---------------------------------
๐ Overseas Commission to
Non-Resident Agents Not Disallowable u/s 37(1): Ahmedabad ITAT in DCIT v.
Kewalram Textiles Pvt. Ltd. (AY 2017-18) Relying on CIT v. Toshoku Ltd.
๐ https://mytaxexpert.co.in/post.php?id=136
---------------------------------
๐ Non-Compete Fee:
Revenue or Capital Expenditure? Supreme Court in Sharp Business System (India)
Pvt. Ltd. v. CIT (2025) on Section 37(1), Enduring Benefit Test &
Depreciation u/s 32(1)(ii)
๐ https://mytaxexpert.co.in/post.php?id=135
---------------------------------
๐ Schedule FA Disclosure
in ITR Explained: Foreign Assets, ESOPs, RSUs, Dividends & Penalties under
Black Money Act | Complete Compliance Guide
๐ https://mytaxexpert.co.in/post.php?id=134
---------------------------------
๐ INCOMES WHICH DO NOT
FORM PART OF TOTAL INCOME, Section 10 Income Tax Act, 1961
๐ https://mytaxexpert.co.in/post.php?id=133
---------------------------------
๐ India and New Zealand
conclude Free Trade Agreement Negotiations on Financial Services, a part of
Annex to the Trade in Services Chapter
๐ https://mytaxexpert.co.in/post.php?id=132
---------------------------------
๐ Black Money (Undisclosed Foreign Income and Assets) and
Imposition of Tax Act, 2015 (๐๏ธ 237)
๐ https://mytaxexpert.co.in/post.php?id=131
---------------------------------
๐ When GST Meets Income Tax: How GST Analytics Are Driving
Income-Tax Assessments, Reassessments and Litigation in India (๐๏ธ
120)
๐ https://mytaxexpert.co.in/post.php?id=130
๐ Levy of Late Filing Fee under Section 234E
for TDS Statements:
๐ https://mytaxexpert.co.in/post.php?id=129
๐ ICAI CPE Hours & ULA Self-Declaration
Compliance โ Mandatory Submission by 31 December 2025
๐ https://mytaxexpert.co.in/post.php?id=126
๐ Apply on-line for empanelment as an examiner
๐ https://mytaxexpert.co.in/post.php?id=125
๐ Bogus Purchases Addition under Section 69
Unsustainable without Rejection of Books u/s 145(3): Delhi ITAT in KDP
Infrastructure (P) Ltd. v. DCIT (AY 2012-13)
๐ https://mytaxexpert.co.in/post.php?id=128
๐ Section 263 Revision Unsustainable: Delhi
ITAT Quashes CIT Action on Offshore Supplies under Section 44BBB | Shenzhen SDG
Information Co. Ltd. v. CIT (ITAT Delhi, AY 2017-18)
๐ https://mytaxexpert.co.in/post.php?id=127
๐ Liaison Office Activities Held Preparatory
& Auxiliary โ No PE or Profit Attribution Under India-Netherlands DTAA |
Oxbow Energy ITAT Mumbai
๐ https://mytaxexpert.co.in/post.php?id=124
๐ Cost-to-Cost Reimbursement of Salaries to
Seconded Employees Not Taxable as FTS โ Delhi ITAT Relies on Boeing India |
Toshiba Energy Case
๐ https://mytaxexpert.co.in/post.php?id=123
๐ Blocking of ITC Under Rule 86A Beyond One
Year Illegal โ Delhi High Court in Sunny Jain v. Union of India
๐ https://mytaxexpert.co.in/post.php?id=122
๐ Section 74 GST Cannot Be Invoked Without Fraud or Suppression
โ ITC Allowed Despite Supplier Issues | Safecon Lifescience Case
๐ https://mytaxexpert.co.in/post.php?id=121
๐ Constitutional
Challenge to Section 16(2)(c) CGST Act โ ITC Cannot Be Denied for Supplier
Default | LGW Industries Case
๐ https://mytaxexpert.co.in/post.php?id=120
๐ ITC Cannot Be Denied
for Supplierโs Subsequent Registration Cancellation โ Allahabad High Court |
Khurja Scrap Trading Company Case
๐ https://mytaxexpert.co.in/post.php?id=119
๐ GST ITC Cannot Be Denied Due to Suo Moto Retrospective
Cancellation of Supplierโs Registration When Buyer Is Bona Fide โ Calcutta High
Court | M/s Gargo Traders v. Joint Commissioner, State Tax
๐ https://mytaxexpert.co.in/post.php?id=118
๐ Separate GST Registration for Warehouses โ Mandatory or Not?
Detailed Analysis with AAR Maharashtra Ruling in Gandhar Oil Refinery (India)
Ltd. under CGST & IGST Acts
๐ https://mytaxexpert.co.in/post.php?id=117
๐ Accumulation u/s 11(2) Cannot Be Denied for Vague Form 10 If
Purpose Aligns With Trust Objects: Mumbai ITAT | Harmony Foundation v. ITO
(Exemption) [TS-1673-ITAT-2025]
๐ https://mytaxexpert.co.in/post.php?id=116
๐ Key amendments in PFRDA (Exits and Withdrawals under the NPS)
Regulations, 2015
๐ https://mytaxexpert.co.in/post.php?id=115
๐ Validity of Reopening
of Assessment and Addition under Section 69 without Rejection of Books
๐ https://mytaxexpert.co.in/post.php?id=114
๐ Alleged Bogus
Purchases: Deletion vs Remand Depends on Charging Provision โ ITAT Delhi
Deletes Addition u/s 69, ITAT Pune Orders Remand u/s 37 | KDP Infrastructure
Pvt. Ltd. & Taparia Tools Ltd. (2025)
๐ https://mytaxexpert.co.in/post.php?id=113
๐ GAAR Not Applicable
Without โImpermissible Avoidance Arrangementโ: Telangana High Court Quashes
GAAR Proceedings on Share Transactions | Smt. Anvida Bandi v. DCIT [2025]
177 taxmann.com 726
(Telangana HC)
๐ https://mytaxexpert.co.in/post.php?id=112
๐ Foreign Tax Credit
Allowed When Form 67 & Revised Return Filed in Time: Delhi ITAT Grants
Relief u/s 90/91, Deletes s.69 & s.115BBE Additions | DCIT v. Malvinder
Mohan Singh (ITAT Delhi, 2025)
๐ https://mytaxexpert.co.in/post.php?id=111
๐ Section 43CB Mandates
Percentage Completion Method for Real Estate Developers: Mumbai ITAT Confirms
Additions | Faithfull Developers v. ACIT (ITAT Mumbai, 2025)
๐ https://mytaxexpert.co.in/post.php?id=110
๐ Supreme Court Allows
Non-Compete Fee as Revenue Expenditure u/s 37(1); Reverses High Court View,
Matters Remanded to ITAT | SC Ruling (19 Dec 2025)
๐ https://mytaxexpert.co.in/post.php?id=109
๐ Bombay High Court
Admits Revenueโs Appeal on Jurisdictional Bar u/s 124(3) & Additional
Grounds: ITATโs Quashing of 143(3) r.w.s. 144C Proceedings Put to Test | PCIT,
Pune v. Fiat India Automobiles (P) Ltd. (Bom HC, 2025)
๐ https://mytaxexpert.co.in/post.php?id=108
๐ Bogus Political
Donations Returned After Commission: Delhi ITAT Denies Section 13A Exemption,
Taxes 6% as Income u/s 56(1) | Public Political Party v. DCIT (ITAT Delhi,
2025)
๐ https://mytaxexpert.co.in/post.php?id=107
๐ Indiaโs First Smell
Trademark Accepted by CGPDTM: Sumitomo Rubber Case Marks a New Era for
Non-Conventional Trademarks | Olfactory Trademark under Trade Marks Act, 1999
๐ https://mytaxexpert.co.in/post.php?id=106
๐ Foreign Tax Credit
Cannot Be Denied When Form 67 & Revised Return Filed Within Time โ Delhi
ITAT in DCIT v. Malvinder Mohan Singh [TS-1637-ITAT-2025 (Del.)]
๐ https://mytaxexpert.co.in/post.php?id=105
๐ Govt. introduces the
Securities Markets Code, 2025 in Lok Sabha
๐ https://www.mytaxexpert.co.in/post.php?id=104
๐ Migration of UDIN
Portal to ICAI DigiCA Platform โ Professional Advisory and Briefing
๐ https://www.mytaxexpert.co.in/post.php?id=102
๐ Revenue Challenges GAAR
Panel Order in Vedanta Case; Delhi High Court Stays Order, Lists Writ for Feb
2026 โ Vedanta Holdings Mauritius II Ltd. v. CIT (Intl. Taxation)โ3, Delhi
๐ https://www.mytaxexpert.co.in/post.php?id=101
๐ Clerical Error in
Claiming Wrong Exemption Section Cannot Deny Benefit to Educational Trust: ITAT
Agra in Om Charitable Chikitsa Samiti v. AO (Exemption)
๐ https://www.mytaxexpert.co.in/post.php?id=100
๐ Bombay High Court
Grants Full Stay of Demand Where Revenue Taxed Gross Receipts of Educational
Trust Without Considering Expenditure, Godavari Shikshan Prasarak Mandal Sindhi
v. CIT (Exemption), Pune and Others
๐ https://www.mytaxexpert.co.in/post.php?id=99
๐ Subsequent Supreme
Court Ruling Not a Ground for ITAT Rectification under Section 254(2): Bombay
High Court, Sila Solutions (P) Ltd. v. ITO
๐ https://www.mytaxexpert.co.in/post.php?id=98
๐ Rate of Exchange for
Conversion into Rupees of Income Expressed in Foreign Currency, (Rule 115 of
the Income-tax Rules, 1962)
๐ https://www.mytaxexpert.co.in/post.php?id=97
๐ Disclosed Foreign
Investments in Minorsโ Names Not Unexplained u/s 69; Foreign Tax Credit Cannot
Be Denied for Procedural Lapse in Form 67 โ ITAT Delhi
๐ https://www.mytaxexpert.co.in/post.php?id=96
๐ โReasonable Causeโ and
โSufficient Causeโ under the Income-tax Act, 1961 โ Conceptual Distinction,
Statutory Application and Judicial Approach
๐ https://www.mytaxexpert.co.in/post.php?id=95
๐ Taxability of Ex-gratia
/ Retrenchment Compensation Paid Under Government-Supported Schemes โ Statutory
Framework, Judicial Interpretation and Admissibility of New Claim
๐ https://www.mytaxexpert.co.in/post.php?id=94
๐ Delhi High Court
Upholds Prosecution in โน348 Crore Tax Evasion Case; Rejects Constitutional
Challenge to CBDT Circulars on Prosecution
๐ https://www.mytaxexpert.co.in/post.php?id=93
๐ Government has
undertaken specific initiatives and policies to strengthen Ease of Doing
Business in the country since 2014
๐ https://www.mytaxexpert.co.in/post.php?id=92
๐ Penalty proceedings u/s
274 r/w section 271(1)(c) - estimation of income - bogus purchases
๐ https://www.mytaxexpert.co.in/post.php?id=91
๐ Assessing Officerโs
Duty to Examine All Issues in Reassessment: Delhi ITAT Upholds Section 263
Revision Order
๐ https://www.mytaxexpert.co.in/post.php?id=90
๐ Dumb Documents Have No
Evidentiary Value: Chennai ITAT Deletes โน25.78 Crore Addition under
Section 69B r.w.s. 115BBE of Income-tax Act, DCIT v. Jaya Pradeep
๐ https://www.mytaxexpert.co.in/post.php?id=89
๐ Global Real Estate
Transparency and Schedule FA: A New Compliance Reality for Indian Taxpayers
๐ https://www.mytaxexpert.co.in/post.php?id=88
๐ Supreme Court Confirms
Deletion of Section 271D Penalty Where No Recorded Satisfaction in Assessment
Order
๐ https://www.mytaxexpert.co.in/post.php?id=87
๐ CBDT Takes Enforcement
Action Against Intermediaries Facilitating Bogus Deduction Claims in Income-tax
Returns
๐ https://www.mytaxexpert.co.in/post.php?id=86
๐ Delhi High Court to
Decide Whether Sports Associationsโ Activities Are Charitable or Commercial for
Exemption under Sections 11 and 12
๐ https://www.mytaxexpert.co.in/post.php?id=85
๐ Undisclosed Bitcoin
Income Taxable Under Black Money Act; Addition for Foreign Assets Deleted Due
to Wrong Assessment Year โ Pune ITAT
๐ https://www.mytaxexpert.co.in/post.php?id=84
๐ CBDT NUDGES Taxpayers
Against Bogus Donation Claims Through Data-Driven Detection Drive
๐ https://www.mytaxexpert.co.in/post.php?id=83
๐ Bombay High Court
Quashes Backdated Section 154 Rectification Order Passed Without DIN โ Siemens
Ltd. v. DCIT (2025)
๐ https://www.mytaxexpert.co.in/post.php?id=82
๐ ICAI โ Important
Professional Update Migration of UDIN Portal to ICAI DigiCA Platform
๐ https://www.mytaxexpert.co.in/post.php?id=81
๐ FOLLOW FOR MORE
UPDATES, WORD OF WISDOM, SEMINAR UPDATES, SEBI UPDATES, INCOME TAX LAW, &
GST FAQS UPDATES
๐ https://www.mytaxexpert.co.in/post.php?id=80
๐ New Income Tax Return
(ITR) Forms under Income-tax Act, 2025 โ Lok Sabha Clarification on Timeline
and Simplification
๐ https://www.mytaxexpert.co.in/post.php?id=79
๐ Commissioner must
follow binding jurisdictional HC precedent despite SC pendency; sec. 264
revision allowed: HC, Shangri-La International Hotel Management Pte. Ltd. vs.
Commissioner of Income-tax (International Tax)
๐ https://www.mytaxexpert.co.in/post.php?id=77
๐ Reassessment Quashed
Due to Non-issuance of Section 143(2) Notice โ Foundational Infirmity;
Bangalore ITAT Relies on PCIT v. Shri Jai Shiv Shankar Traders
๐ https://www.mytaxexpert.co.in/post.php?id=76
๐ Delhi High Court
Upholds PCIT-Only Sanction for High-Value Tax Evasion Prosecution: Collegium
Approval Not Required Under CBDT Circulars
๐ https://www.mytaxexpert.co.in/post.php?id=75
๐ Kerala High Court:
Section 10(23BBA) Exemption Restricted to Statutory Managing Bodies, Not to
Administered Religious or Charitable Institutions
๐ https://www.mytaxexpert.co.in/post.php?id=74
๐ ITAT Kolkata Remands
Assessment: Entire Bank Deposits Cannot Be Taxed Without Allowing Expenditure
Even if Section 10(23C)(iiiab) Exemption Is Denied, University of North Bengal
v. DCIT, Exemption (2025)
๐ https://www.mytaxexpert.co.in/post.php?id=73
๐ Deletion of Section 68
Penny Stock LTCG Addition in Section 153A Assessment Absent Incriminating
Material: Mumbai ITAT Follows Abhisar Buildwell
๐ https://www.mytaxexpert.co.in/post.php?id=72
๐ Filing of audit report
mandatory but timeline merely procedural; Allows deduction under section 80IAC
๐ https://www.mytaxexpert.co.in/post.php?id=71
๐ Failure to consider
judicial precedents not rectifiable under section 254(2); Upholds ITATโs
refusal to rectify
๐ https://www.mytaxexpert.co.in/post.php?id=70
๐ Final Deadline Alert:
Correct TDS/TCS Returns for FY 2018-19 to 2023-24 Before 31 March 2026
๐ https://www.mytaxexpert.co.in/post.php?id=69
๐ Quashes Section 263
revision, holds Section 69C inapplicable where source of payment remains
undisputed
๐ https://www.mytaxexpert.co.in/post.php?id=68
๐ Dividend/interest
income not profit โderivedโ from business, ineligible for Section 36(1)(viii)
deduction claim
๐ https://www.mytaxexpert.co.in/post.php?id=67
๐ Whether the assessment
framed u/s 153A for Assessment Year 2010-11 was barred by limitation in light
of Delhi High Court judgment in Ojjus Medicare Pvt. Ltd.
๐ https://www.mytaxexpert.co.in/post.php?id=66
๐ Deemed Let-Out
Property: Contemporary Tax Treatment of Residential, Commercial and
Stock-in-Trade Units After the Finance Act, 2024
๐ https://www.mytaxexpert.co.in/post.php?id=65
๐ The Dispute Resolution
Panel (DRP): Concept, Scope and Appellate Framework under the Income-tax Act,
1961
๐ https://www.mytaxexpert.co.in/post.php?id=64
๐ THE MERCANTILE METHOD
OF ACCOUNTING & THE ACCRUAL SYSTEM UNDER THE INCOME-TAX ACT, 1961
๐ https://www.mytaxexpert.co.in/post.php?id=63
๐ Addition under Section
68 for Demonetisation Cash Deposits โ Whether Possible When Books Are Rejected
and Cash Sales Duly Recorded?
๐ https://www.mytaxexpert.co.in/post.php?id=62
๐ CASE STUDY SERIES,
Section 45(3), Section 45(4), Section 9B & Rule 8AB โ Income-tax Act, 1961
๐ https://www.mytaxexpert.co.in/post.php?id=61
๐ Addition under Section
68 โ Evidentiary Value of Statements under Section 131 โ Scope of Provisos to
Section 68 โ Valuation under Section 56(2)(viib)
๐ https://www.mytaxexpert.co.in/post.php?id=60
๐ Information Systems
Audit โ Assessment Test (ISA โ AT), 7th February 2026
๐ https://www.mytaxexpert.co.in/post.php?id=59
๐ Applicability of the
Income-tax Act, 2025 from May 2027 CA Exams Onwards
๐ https://www.mytaxexpert.co.in/post.php?id=58
๐ Merger, Demerger and
Income-tax Applicability โ A Brief Overview
๐ https://www.mytaxexpert.co.in/post.php?id=57
๐ Addition under Section
69 read with Section 115BBE โ Cash Deposits During Demonetisation โ Rate of Tax
Prior to 01.04.2017 โ ITAT Chandigarh Decision
๐ https://www.mytaxexpert.co.in/post.php?id=56
๐ Auto Suspension of GST
Registration due to Non-Furnishing of Bank Account Details as per Rule 10A
๐ https://www.mytaxexpert.co.in/post.php?id=55
๐ RBI notification on
Payments Banks โ Amendment Directions, 2025
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๐ Foreign Tax Credit
under Indian Income-tax Law โ Concept and Procedure for Residents and
Non-Residents
๐ https://www.mytaxexpert.co.in/post.php?id=53
๐ FAQs on GSTR-9/9C for
FY 2024-25
๐ https://www.mytaxexpert.co.in/post.php?id=52
๐ Advisory on reporting
values in Table 3.2 of GSTR-3B
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๐ Offences under Sections
276B, 278B and 278E โ Delhi High Court Declines Quashing at Pre-Trial Stage
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๐ Peak Cash Credit โ A
Fair Method to Determine Unexplained Cash Under the Income-tax Act
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๐ Concept of Materiality
in Audit โ Foundation, Purpose, and Practical Application
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๐ Section 54F โ
Eligibility and Scope of Disqualification under the Proviso
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๐ Penalty under Section
270A โ Whether Penalty Proceedings Can Continue When Quantum Appeal Is Pending
Before CIT(A)
๐ https://www.mytaxexpert.co.in/post.php?id=46
๐ Addition under Section
56(2)(viib): Validity of DCF Method and Differential Premium
๐ https://www.mytaxexpert.co.in/post.php?id=45
๐ Deduction u/s 80IAC โ
Whether Delay in Filing Form 10CCB is Fatal?
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๐ Concept of Block of
Assets under Section 32 of the Income-tax Act, 1961
๐ https://www.mytaxexpert.co.in/post.php?id=43
๐ Role of Audit Evidence
under SA 500 (Audit Evidence) Issued by ICAI
๐ https://www.mytaxexpert.co.in/post.php?id=42
๐ Notices issued under
section 148 by JAO post April 1, 2022, valid & legal
๐ https://www.mytaxexpert.co.in/post.php?id=41
๐ Estimation Theory Not
Applicable for Entirely Bogus Purchases: Mumbai ITAT
๐ https://www.mytaxexpert.co.in/post.php?id=40
๐ December 2025 โ Monthly
event calendar
๐ https://www.mytaxexpert.co.in/post.php?id=39
๐ Taxation of Private
Trusts in India
๐ https://www.mytaxexpert.co.in/post.php?id=38
๐ TAX-RATE DETERMINATION
FOR CHARITABLE TRUSTS NOT CLAIMING SECTION 11 BENEFIT
๐ https://www.mytaxexpert.co.in/post.php?id=37
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claim depreciation in a lease transaction
๐ https://www.mytaxexpert.co.in/post.php?id=36
๐ Section 10(46) Tax
Exemption Granted to HSBTE Panchkula
๐ https://www.mytaxexpert.co.in/post.php?id=35
๐ Amendments to CGST
Rules via Notification 11/2025
๐ https://www.mytaxexpert.co.in/post.php?id=34
๐ Credit Assessment Model
for MSMEs
๐ https://www.mytaxexpert.co.in/post.php?id=33
๐ Addition under Section
50C โ Assessment Finalised Without Awaiting DVO Report
๐ https://www.mytaxexpert.co.in/post.php?id=32
๐ Revision of Tax Audit
Report โ A Comprehensive Professional Analysis
๐ https://www.mytaxexpert.co.in/post.php?id=31
๐ SMALL COMPANY
COMPLIANCE CHECKLIST
๐ https://www.mytaxexpert.co.in/post.php?id=30
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TAX AND GST ON JOINT DEVELOPMENT AGREEMENT
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๐ Scope of Rectification
under Section 254(2)
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๐ Exemption of Income of
any University or Educational Institution
๐ https://www.mytaxexpert.co.in/post.php?id=27
๐ Book profit on sale of
motor vehicle forming part of depreciable block
๐ https://www.mytaxexpert.co.in/post.php?id=26
๐ Severance compensation
constitutes profits in lieu of salary
๐ https://www.mytaxexpert.co.in/post.php?id=25
๐ Supreme Court: Emails
to GST Practitioner constitute valid service
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๐ Estimate of value of
assets by Valuation Officer [Section 142A]
๐ https://www.mytaxexpert.co.in/post.php?id=23
๐ Concept of Diversion of
Income by Overriding Title
๐ https://www.mytaxexpert.co.in/post.php?id=22
๐ Refusal of Registration
under Section 12AA
๐ https://www.mytaxexpert.co.in/post.php?id=21
๐ CBDT Notification No.
161/2025 โ Capital Gains Accounts Scheme
๐ https://www.mytaxexpert.co.in/post.php?id=20
๐ CBDT launches 2nd NUDGE
initiative
๐ https://www.mytaxexpert.co.in/post.php?id=19
๐ Applicability of
Section 54F where assessee holds jointly-owned property
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FATCA
๐ https://www.mytaxexpert.co.in/post.php?id=17
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Four Labour Codes
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๐ DTAA Rate vs. Section
206AA
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๐ Scope of Total Income
[Section 5]
๐ https://www.mytaxexpert.co.in/post.php?id=14
๐ Validity of
Reassessment Notices under Section 148
๐ https://www.mytaxexpert.co.in/post.php?id=13
๐ Penalty for
Non-Disclosure of Foreign Assets
๐ https://www.mytaxexpert.co.in/post.php?id=12
๐ Section 145B:
Taxability of certain income
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๐ Addition on Cash
Deposited
๐ https://www.mytaxexpert.co.in/post.php?id=10
๐ Penalty u/s 271DA โ
ITAT Delhi
๐ https://www.mytaxexpert.co.in/post.php?id=9
๐ Companies (Meetings of
Board and its Powers) Rules, 2014 โ Amendments
๐ https://www.mytaxexpert.co.in/post.php?id=8
๐ Supreme Court
Clarification on Eligibility of Chartered Accountants for ITAT Membership
๐ https://www.mytaxexpert.co.in/post.php?id=7
๐ Time limit for
completion of Block Assessment of Search cases
๐ https://www.mytaxexpert.co.in/post.php?id=6
๐ Disallowance for
marked-to-market loss [Section 40A(13)]
๐ https://www.mytaxexpert.co.in/post.php?id=5
๐ Reclassification of
Business Loss as Speculation Loss and Impact on Penalty
๐ https://www.mytaxexpert.co.in/post.php?id=4
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