
ITAT Deletes Income Tax Addition for Recorded Cash
The ITAT has deleted the addition of income tax under Section 69A against the Goyal group, asserting that the cash found during a search was already recorded in the company’s books of accounts.
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The ITAT has deleted the addition of income tax under Section 69A against the Goyal group, asserting that the cash found during a search was already recorded in the company’s books of accounts.

The ITAT has granted a taxpayer a final opportunity for tax relief, conditioned on the planting of 500 trees. This ruling reiterates the intersection of environmental considerations and tax benefits.
The Delhi High Court has ruled that the transfer of a GST audit file to the Anti-Evasion Wing does not constitute a valid ground for a writ petition.
The Karnataka Taxpayers Association has submitted a representation to the CBDT, urging immediate action to resolve ongoing login failures on the Income Tax e-Filing portal. This follow-up addresses the pressing need to ensure taxpayers can comply with deadlines without undue stress.

The ITAT has deleted income tax additions against the Goyal family, concluding that cash found during a search operation was already recorded in their company’s books.

The Income Tax Appellate Tribunal (ITAT) ruled that an ONGC retiree can benefit from the enhanced exemption for leave encashment, despite retiring prior to the 2023 notification. This decision reaffirms the application of enhanced limits for those affected by past employment changes.

The Income Tax Department has released ITR-6 offline utilities for the assessment year 2026-27, available on their portal and in Excel format. This facilitates easier filing for companies.

The Income Tax Department has released ITR-6 offline utilities for companies for the Assessment Year 2026-27, available both on its portal and in Excel format. This facilitates tax compliance for corporate entities.
The Karnataka High Court has set aside a customs classification ruling concerning kitchen exhaust hoods, directing it be reconsidered with additional evidence on the presence of fans in the imports.

The ITAT has condoned a 247-day delay in a farmer's appeal due to the failure of his Chartered Accountant to respond to income tax notices. The matter has been remanded for fresh hearing, emphasizing the importance of representation in tax disputes.
The Telangana High Court has set aside the rejection of a GST appeal, reviving the case after acknowledging a 10% pre-deposit made before the dismissal.
The Telangana High Court has permitted an appeal against the GST SPL-07 order, granting a delay condonation application and establishing a procedure for statutory compliance.
The central question surrounding the taxation of funds received from abroad by Indian residents has been clarified, including FEMA rules, necessary documentation, and reporting obligations. This guidance will help parents and family members manage their remittances appropriately.