Notices issued under section 148 by JAO post April 1, 2022, valid & legal; Faceless scheme does not mandate faceless issuance

CA. DR. VINAY MITTAL
CA. DR. VINAY MITTAL
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Notices issued under section 148 by JAO post April 1, 2022, valid & legal; Faceless scheme does not mandate faceless issuanceWhile adjudicating the validity of notice issued by Jurisdictional Assessing Officer (JAO) instead of ...

Estimation Theory Not Applicable for Entirely Bogus Purchases: Mumbai ITAT Restores Full Addition in DCIT v. Deepak Shah (2025)

CA. DR. VINAY MITTAL
CA. DR. VINAY MITTAL
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Estimation theory inapplicable where entire purchases are non-genuine; Restores addition Mumbai  ITAT allows Revenue’s appeal and reverses CIT(A) order and restores addition on account of purchases being entirely bogus a...

December 2025 — Monthly event calendar: topics & activity ideas

CA. DR. VINAY MITTAL
CA. DR. VINAY MITTAL
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Event Date Act Applicable Form Obligation 07/12/2025 Income Tax Challan No. I...

Taxation of Private Trusts in India: Conceptual Framework, Classification and Emerging Issues

CA. Ajay Kumar Agarwal
CA. Ajay Kumar Agarwal
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Taxation of Private Trusts in India: Conceptual Framework, Classification and Emerging IssuesThe taxation of private trusts in India is governed primarily by sections 160 to 167 of the Income-tax Act, 1961. These provisions operat...

TAX-RATE DETERMINATION FOR CHARITABLE TRUSTS NOT CLAIMING SECTION 11 BENEFIT Whether Normal Slab Rates Apply or Maximum Marginal Rate (MMR) as AOP/BOI

CA. Ajay Kumar Agarwal
CA. Ajay Kumar Agarwal
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TAX-RATE DETERMINATION FOR CHARITABLE TRUSTS NOT CLAIMING SECTION 11 BENEFIT Whether Normal Slab Rates Apply or Maximum Marginal Rate (MMR) as AOP/BOICase: Vindhya Trust v. DCIT, ITAT Delhi (...