By Jayesh Sanghvi and Shalini MathurIndia approaches 2026 with the tax landscape that is poised for a transformative shift.

Despite Form 10E being duly filed online, the claim under section 89(1) was rejected on technical grounds. The Tribunal held that such rigidity defeats justice and directed the AO to examine the claim ...

The assessee neither filed returns nor responded to statutory notices, yet additions were deleted on appeal. ITAT held that absence of verification of source and compliance makes such deletion ...