April 1, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income accumulated by a charitable entity under Section 11(2) of the Income Tax Act, 1961, which remains unutilised within the prescribed five-year period, Read more…
February 05, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal has dismissed the Revenue’s appeal against Ratna Aggarwal, holding that an immovable property received pursuant to a genuine family settlement cannot be taxed as deemed income under Read more…