The Delhi High Court upheld the ITAT s ruling that assessment orders were invalid because the approving authority granted ...

According to CA Dr Suresh Surana, the Income-tax Act, 2025 (ITA 2025) aims to simplify compliance, rationalise procedures and align the tax framework with current economic realities. Several key ...

ITAT Chennai held that where unaccounted purchases are found and the corresponding sales are not doubted, only the profit element embedded in such purchases can be brought to tax, and not the entire ...

More than 1.9 million people are projected to forfeit all or a portion of their tax-free personal allowance during the ...