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BREAKING NEWS
India’s Cotton Textile Exports Crossed $35.6 Billion in Last 3 Years says Union Minister  |  
Fix incoming for MetaMask bug that’s slowly killing solid-state drives  |  
UK working to sell $7B in seized Bitcoin to boost budget: Report  |  
Ethereum is scaling: TPS, gas limit up as validators back 45M target  |  
Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge  |  

September 8, 2025

Tag: income tax india

India

Calcutta HC Dismisses Challenge to Section 148A(b) Reassessment Notice, Directs Taxpayer to Pursue Statutory Appeal [Read Order]

Calcutta HC Upholds Reassessment Notice, Advises Taxpayer to Appeal Calcutta High Court Rejects Plea Against Tax Reassessment Notice The Calcutta High Court has recently dismissed

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India

ITAT Weekly Round -Up [ July 13th – July 19th ]

Tax Tribunal Round-Up: Key ITAT Decisions of the Week Tax Tribunal Round-Up: Key ITAT Decisions of the Week This week saw a flurry of activity

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India

Pre-Filled Data in ITR-2 helps Salaried Taxpayers who Invest

ITR-2 Filing Made Easier: Pre-Filled Forms Now Available for Salaried Taxpayers Income Tax Department Simplifies ITR-2 Filing with Pre-Filled Data The Income Tax Department has

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India

Arithmetic Mistake in Percentage Computation: ITAT Deletes ₹3.92 Cr Addition for Alleged Suppressed Revenue in Construction Project [Read Order]

Relief for Construction Firm: ITAT Quashes ₹3.92 Cr Revenue Addition ITAT Grants Relief, Deletes ₹3.92 Crore Addition for Construction Firm In a significant ruling, the

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India

Reassessment Notices Issued by JAO instead of FAO Not Valid: Madras HC Quashes Notices, Permits Revival After SC Verdict on Hexaware Case [Read Order]

Madras HC Quashes Tax Notices: What it Means for You Madras HC Quashes Tax Notices Issued by JAO, Permits Revival After SC Verdict In a

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India

Interest from Cooperative Banks Eligible for 80P Deduction: ITAT Allows ₹12.53 Lakh Claim Treating Banks as Societies [Read Order]

Income Tax Tribunal Upholds ₹12.53 Lakh Deduction for Cooperative Societies Income Tax Tribunal Upholds ₹12.53 Lakh Deduction for Cooperative Societies In a significant ruling impacting

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India

Income Tax Dept Warns: Beware of Fake Emails Asking for Manual Verification

Income Tax Department Issues Alert: Beware of Phishing Emails Income Tax Department Sounds the Alarm on Fake Verification Emails The Income Tax Department has issued

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India

Filing of Form 10-IC Prior to ITR Filing is Not Mandatory: Allahabad HC Condones delay considering Genuine Hardship

Allahabad HC Relief: Form 10-IC Filing Not Mandatory Before ITR Allahabad HC Relief: Form 10-IC Filing Not Mandatory Before ITR, Condones Delay In a significant

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India

Addition of ₹99.2L Cash Deposit due to non compliance of Notice to prove source of cash: ITAT Allows One Final Opportunity to Assessee [Read Order]

ITAT Grants Final Opportunity in ₹99.2 Lakh Cash Deposit Case ITAT Grants Final Opportunity in ₹99.2 Lakh Cash Deposit Case In a recent ruling, the

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India

Unexplained Cash Deposit During Demonetisation Led to Addition in Income: ITAT Restores Matter to AO [Read Order]

Demonetisation Deposit Lands Taxpayer in Hot Water: ITAT Reopens Case Demonetisation-Era Deposit Under Scrutiny: ITAT Orders Fresh Assessment A cash deposit made during the demonetisation

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Recent Posts

  • India’s Cotton Textile Exports Crossed $35.6 Billion in Last 3 Years says Union Minister
  • Fix incoming for MetaMask bug that’s slowly killing solid-state drives
  • UK working to sell $7B in seized Bitcoin to boost budget: Report
  • Ethereum is scaling: TPS, gas limit up as validators back 45M target
  • Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge
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