Ahmedabad ITAT rules in Naman Vidyapati Patel Vs PCIT that the cancellation of a land deal and refund of received amounts, even post-search, negated the claim of unaccounted income, quashing the ...
The Delhi ITAT quashed a ₹42.10 Crore addition made in a Section 153A assessment, confirming that additions cannot be made to completed assessments without incriminating material seized during the ...
Some workers could receive bigger tax refunds in 2026 due to President Trump’s new tax law applying retroactively and the IRS delaying changes to withholding rules until next year.