Bogus Purchases Addition
Bogus purchases addition -Delhi ITAT sustains only 3% of disputed purchases and deletes unsupported accommodation-entry and commission additions.
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Income Tax Act 1961
57th GST Council Meeting 2026: Key updates on arrest powers, ₹5 crore prosecution limit, ITC relief, GST refunds, penalties, registration and notices.
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Condonation U/s 119(2)(b)
The Punjab & Haryana High Court has delivered an important ruling on income tax refund condonation under Section 119(2)(b), holding that a delayed refund claim cannot be rejected mechanically without examining the taxpayer's individual case.
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Allahabad High Court
Allahabad HC rules that stay of income tax demand cannot be rejected merely for non-payment of 20%. Read Section 220(6), CBDT rules and taxpayer remedies.
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FAST-DS
Received the FAST-DS 2026 advisory email? Check AIS foreign assets, eligibility, ₹1 lakh/60% routes, Form 1 filing and 31 Dec deadline.
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ITAT Decision
Section 54F Claim Not Made in ITR? ITAT Allows Fresh Claim at Appeal Stage
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Audit & Assurance
Outstanding Audit Fees? Can a CA Still Sign the Audit Report?
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BSNL VRS 2019 Tax Exemption
SEC 270A Penalty
SECTION 270AA IMMUNITY AO Cannot Demand “Negative Evidence” of No Appeal Delhi High Court | Major Taxpayer Relief caalokkumar.com/My-Writing Empowering with Insights
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CBDT
CBDT Extends Tax Audit Due Date
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