Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
Budget 2026: Joint Taxation for Married Couples under Discussion? Details Explained
The Budget 2026 is scheduled to be presented on 1st February 2026 by the Financial Minister Nirmala Sitharaman. There are a lot of expectations and...
![No “Comparative ITC Benefit” available when project Commenced wholly in Post-GST Period, S. 171 Not Triggered: GSTAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/20/2120879-comparative-itc-benefit-available-project-commenced-wholly-post-gst-period-s-171-triggered-gstat-taxscan.webp "No “Comparative ITC Benefit” available when project Commenced wholly in Post-GST Period, S. 171 Not Triggered: GSTAT [Read Order]")
![Rebate u/s 87A allowable to STCG and LTCG Taxed under New Regime, Not Applicable on VDA Transfers: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/20/2120862-stcg-and-ltcg-itat-taxscan.jfif "Rebate u/s 87A allowable to STCG and LTCG Taxed under New Regime, Not Applicable on VDA Transfers: ITAT [Read Order]")
![Whatsapp Chat confirms Counsel’s Negligence Caused Delay in Filing Income tax Appeal: ITAT Restores matter to CIT(A) [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120797-whatsapp-chat-confirms-counsels-negligence-caused-delay-filing-income-tax-appeal-taxscan.webp "Whatsapp Chat confirms Counsel’s Negligence Caused Delay in Filing Income tax Appeal: ITAT Restores matter to CIT(A) [Read Order]")
Deeming Provision of S. 69A applies only when ‘Money Found’ with Taxpayer and Not Explained: ITAT [Read Order]
The deeming provision under Section 69A of the Income Tax Act, 1961 applies only when “money” is found with the assessee and the assessee fails to explain its nature and source, ruled the Income...
![Deeming Provision of S. 69A applies only when ‘Money Found’ with Taxpayer and Not Explained: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120788-section-69a-income-tax-taxscan.webp "Deeming Provision of S. 69A applies only when ‘Money Found’ with Taxpayer and Not Explained: ITAT [Read Order]")
ESOP Cost allowable as Business Expenditure u/s 37: ITAT allows Yatra’s ₹93L Claim Despite same Issue Pending before SC [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Delhi Bench allowed that ESOP (Employee Stock Option Plan) expenditure to Yatra as business deduction under Section37(1) of the Income Tax Act, 1961...
![ESOP Cost allowable as Business Expenditure u/s 37: ITAT allows Yatra’s ₹93L Claim Despite same Issue Pending before SC [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120774-esop-itat-taxscan.jfif "ESOP Cost allowable as Business Expenditure u/s 37: ITAT allows Yatra’s ₹93L Claim Despite same Issue Pending before SC [Read Order]")
No Capital Gain Tax in JDA Execution Year without Consideration & with Limited Possession: ITAT [Read Order]
‘Where no consideration is received and possession is handed over only for limited purpose of development, no capital gains can be said to have accrued in the year of execution of the JDA’, held the...
![No Capital Gain Tax in JDA Execution Year without Consideration & with Limited Possession: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120761-no-capital-gain-tax-jda-execution-year-without-consideration-taxscan.webp "No Capital Gain Tax in JDA Execution Year without Consideration & with Limited Possession: ITAT [Read Order]")
![Failure to appoint Internal Auditor: MCA Slaps ₹2.5 Lakh Penalty on Company and its Director [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120752-failure-appoint-internal-auditor-taxscan.webp "Failure to appoint Internal Auditor: MCA Slaps ₹2.5 Lakh Penalty on Company and its Director [Read Order]")
![Delhi HC Quashes Income Tax Notices against NDTV Founders, Slaps ₹2 Lakh Costs on Department [Read Judgment]](https://images.taxscan.in/h-upload/2026/01/19/2120740-delhi-hc-quashes-income-tax-notices-against-ndtv-founders-taxscan.webp "Delhi HC Quashes Income Tax Notices against NDTV Founders, Slaps ₹2 Lakh Costs on Department [Read Judgment]")
Kerala HC sets aside GST ITC Denial for FY 2019-20 u/s 16(4), Directs to pass Fresh Orders in as per S. 16(5) [Read Order]
The Kerala High Court has set aside the denial of Input Tax Credit (ITC ) under Goods and Services Tax ( GST ) for Financial Year 2019-20 by invoking Section 16(4). The court directed the department...
![Kerala HC sets aside GST ITC Denial for FY 2019-20 u/s 16(4), Directs to pass Fresh Orders in as per S. 16(5) [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/2120710-kerala-hc-sets-aside-gst-itc-denial-for-fy-2019-20-us-164-directs-to-pass-fresh-orders-in-as-per-s-165-taxscan.webp "Kerala HC sets aside GST ITC Denial for FY 2019-20 u/s 16(4), Directs to pass Fresh Orders in as per S. 16(5) [Read Order]")