Section 271D penalty, Section 269SS cash property sale, cash sale consideration immovable property, ITAT Hyderabad 271D penalty, penalty on cash received in property sale, 269SS specified sum, income tax penalty notice, property sale cash transaction...
Read MoreFCRA Amendment Bill 2026: What NGOs, Trusts & Section 8 Companies Must Know About Foreign Contribution Assets The Foreign Contribution (Regulation) Amendment Bill, 2026 has introduced an important compliance shift for NGOs,...
Read MoreThe Corporate Laws (Amendment) Bill, 2026 was introduced in the Lok Sabha on 23rd March, 2026 as Bill No. 85 of 2026. The Bill seeks to amend two major corporate laws of India — the Limited Liability Partnership Act, 2008 and the Companies...
Read MoreWhen Suspicion Meets Evidence: What the Ganraj Homes LLP Case Teaches Taxpayers In income-tax proceedings, especially search and survey matters, the Department often relies on loose papers, rough notings, diaries,...
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ITAT Decision
Penny Stock LTCG Cannot Be Taxed on Suspicion Alone: ITAT Ahmedabad Deletes ₹1.17 Crore Addition under Section 68
Read MorePresumptive Taxation 2026-27: The New Section 58 & 61 Playbook for Businesses, Professionals and Non-Residents Presumptive taxation has always been one of the most practical compliance reliefs for small businesses,...
Read MoreContext and facts of the case The Income Tax Department conducted a search and seizure operation on the Vamsiram Group on 6 December 2022. In the course of that search, a diary and...
Read MoreITAT Mumbai Denies Section 80GGC Deduction for Bogus RUPP Donation Political donations are permitted under the Income-tax Act, and genuine contributions to political parties or electoral trusts may qualify for...
Read MoreIntroduction: A New Law, But Not a New Tax Burden The Income-tax Act, 2025 marks one of the most important structural changes in India’s direct tax law framework. From 1 April...
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CA Certified Net Worth Certificate
Learn what a Net Worth Certificate by CA means, where it is required, documents needed, UDIN importance, precautions and sample net worth calculation in INR and USD.
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