![Assessee made aware of Income Tax Demand only after SMS/Call from Dept.: ITAT condones 223 Day Delay [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127016-itat-ahmedabad-assessee-income-tax-demand-sms-call-income-tax-dept-condones-delay-taxscan.webp "Assessee made aware of Income Tax Demand only after SMS/Call from Dept.: ITAT condones 223 Day Delay [Read Order]")
Assessee made aware of Income Tax Demand only after SMS/Call from Dept.: ITAT condones 223 Day Delay [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, condoned a delay for filing an appeal by Agarwal Rajeshkumar Babulal HUF and Dahyabhai...
![MCA CCFS-2026 Offers Big Relief To Companies: Clear Pending Filings At Just 10% Fee Or Opt For Dormancy And Closure [Read Circular]](https://images.taxscan.in/h-upload/2026/02/25/2127026-pendingjpg.webp "MCA CCFS-2026 Offers Big Relief To Companies: Clear Pending Filings At Just 10% Fee Or Opt For Dormancy And Closure [Read Circular]")
![AO ignores Valid Invoices and GSTR Filings: Karnataka HC Sets Aside Income Tax Order, Directs Reconsideration [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2126994-ao-ignores-valid-invoices-and-gstr-karnataka-hc-income-tax-order.webp "AO ignores Valid Invoices and GSTR Filings: Karnataka HC Sets Aside Income Tax Order, Directs Reconsideration [Read Order]")
![Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2126995-demand-notice-issued-sarfaesi-constitute-valid-invocation-personal-guarantee-nclat-upholds-insolvency-resolution-proceedings-taxscan.webp "Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]")
![ITR Invalidated for Alleged ₹10 Crore Gross Receipts Without S. 44AB Audit: Karnataka HC Sets Aside CPC Order, Directs Fresh Consideration [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2126997-site-image25-1jpg.webp "ITR Invalidated for Alleged ₹10 Crore Gross Receipts Without S. 44AB Audit: Karnataka HC Sets Aside CPC Order, Directs Fresh Consideration [Read Order]")
PCIT Cannot Rely on AI Overview on London Rental Yields to Revise ALV: ITAT quashes Income Tax Revision Against Senior Advocate Mukul Rohatgi [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that the PCIT cannot rely on an AI overview of London rental yields to revise the AnnualLetting Value (ALV) under Section 263. The...
![PCIT Cannot Rely on AI Overview on London Rental Yields to Revise ALV: ITAT quashes Income Tax Revision Against Senior Advocate Mukul Rohatgi [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2126985-pcit-cannot-rely-ai-overview-london-rental-yields-revise-alv-itat-quashes-income-tax-revision-against-senior-advocate-mukul-rohatgi-taxscan.webp "PCIT Cannot Rely on AI Overview on London Rental Yields to Revise ALV: ITAT quashes Income Tax Revision Against Senior Advocate Mukul Rohatgi [Read Order]")
New HRA Claim Form: Income Tax Draft Mandates Disclosure of ‘Relationship With Landlord’ to Curb Family Rental Evasion
The Income Tax Department has proposed a new rule that may impact salaried employees claiming House Rent Allowance (HRA). Under the Draft Income-taxRules, 2026, employees will now have to disclose...
ITAT Allows Final Opportunity to Explain Non-filing of Return on Payment of ₹5k Cost, Remands Matter to JAO [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, allowed one final opportunity to explain non-filing of return of income to the assessee-appellant. The tribunal added a fine of INR 5,000...
![ITAT Allows Final Opportunity to Explain Non-filing of Return on Payment of ₹5k Cost, Remands Matter to JAO [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126904-itat-allows-final-opportunity-explain-non-filing-of-return-remands-matter-to-jao-taxscan.webp "ITAT Allows Final Opportunity to Explain Non-filing of Return on Payment of ₹5k Cost, Remands Matter to JAO [Read Order]")
Registration Begins: PCS Firms Invited to Join IAGES Panel for PAN‑India Gold Accreditation Assessments
The Institute of Company Secretaries of India (ICSI), in collaboration with the Indian Association for Gold Excellence and Standards (IAGES), has officially opened registrations for PCS firms to...
Cancer Patient Summoned Under GST: Bombay HC Allows Videography of Proceedings & Advocate's Presence With Conditions [Read Order]
In a recent ruling, the Bombay High Court permitted videography of GST summons proceedings in the case of a cancer patient and allowed the presence of an advocate at a visible but not audible...
![Cancer Patient Summoned Under GST: Bombay HC Allows Videography of Proceedings & Advocates Presence With Conditions [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126906-cancer-patient-summoned-under-gstjpg.webp "Cancer Patient Summoned Under GST: Bombay HC Allows Videography of Proceedings & Advocates Presence With Conditions [Read Order]")
Rs. 2 Crore Monetary Limit Under 2024 CBIC Policy Covers Ongoing Appeals, Not Only Fresh Filings: Supreme Court [Read Judgement]
In a recent ruling, the Supreme Court dismissed the appeals filed by the State on the ground that the tax effect involved was below the Rs. 2 crore monetary limit fixed under the 2024 CBIC policy...
![Rs. 2 Crore Monetary Limit Under 2024 CBIC Policy Covers Ongoing Appeals, Not Only Fresh Filings: Supreme Court [Read Judgement]](https://images.taxscan.in/h-upload/2026/02/24/2126899-rs-2-crore-monetaryjpg.webp "Rs. 2 Crore Monetary Limit Under 2024 CBIC Policy Covers Ongoing Appeals, Not Only Fresh Filings: Supreme Court [Read Judgement]")