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Registration of Legal Heir / Representative Assessee on the Income-tax e-Filing / ITBA Portal Procedure, Documentary Requirements and Indemnity Format
Registration of Legal Heir /
Representative Assessee on the Income-tax e-Filing / ITBA PortalProcedure, Documentary Requirements and
Indemnity Format 1. IntroductionWith the progressive digitisation of
income-tax...
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
Whether, while processing
the return of income under section 143(1) of the Income-tax Act, 1961, the
Centralised Processing Centre was justified in restricting the credit of tax
deducted at source (TDS) claimed by the...
Representation regarding mechanical issuance of notices and non-consideration of responses under the Faceless Assessment and Faceless Appeal Schemes
ToThe ChairmanCentral Board of Direct TaxesNorth BlockNew Delhi Subject: Representation regarding
mechanical issuance of notices and non-consideration of responses under the
Faceless Assessment and Faceless Appeal...
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.
Whether
commission paid by an export-oriented assessee to non-resident agents, for
services rendered outside India, can be disallowed under section 37(1) of the
Income-tax Act, 1961 on the ground of alleged lack of ge...
GAAR Not Applicable Without ‘Impermissible Avoidance Arrangement’: Telangana High Court Quashes GAAR Proceedings on Share Transactions | Smt. Anvida Bandi v. DCIT [2025] 177 taxmann.com 726 (Telangana HC)
In recent judgement (September, 2025) Telangana High Court quashes GAAR proceedings in absence of an ‘impermissible avoidance arrangement’(IAA)In Smt. Anvida Bandi v Deputy Commissioner of Income Tax, [2025] 177 taxm...
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)
Denies benefit under section 13A to political party as bogus donation returned to donors after deducting commission
Delhi ITAT partly allows Assessee’s appeal observing that the addition under section 68 cannot be sus...
Rate of Exchange for Conversion into Rupees of Income Expressed in Foreign Currency, (Rule 115 of the Income-tax Rules, 1962)
Rate of Exchange for Conversion into Rupees of Income Expressed in Foreign Currency
(Rule 115 of the Income-tax Rules, 1962)
Foreign income and capital gains are becoming increasingly common as Indian residents invest ...
Disclosed Foreign Investments in Minors’ Names Not Unexplained u/s 69; Foreign Tax Credit Cannot Be Denied for Procedural Lapse in Form 67 – ITAT Delhi
Core Issue:-The
principal controversy before the Delhi Bench of the Income Tax Appellate
Tribunal was whether investments made in foreign shares in the names of the
assessee’s minor daughters could be treated as une...
“Reasonable Cause” and “Sufficient Cause” under the Income-tax Act, 1961 – Conceptual Distinction, Statutory Application and Judicial Approach
“Reasonable
Cause” and “Sufficient Cause” under the Income-tax Act, 1961 – Conceptual
Distinction, Statutory Application and Judicial ApproachIntroductionThe
Income-tax Act, 1961, while prescribing strict ti...
Taxability of Ex-gratia / Retrenchment Compensation Paid Under Government-Supported Schemes – Statutory Framework, Judicial Interpretation and Admissibility of New Claim
Taxability
of Ex-gratia / Retrenchment Compensation Paid Under Government-Supported
Schemes – Statutory Framework, Judicial Interpretation and Admissibility of New
ClaimThe
taxability of ex-gratia compensation paid...