Delhi ITAT has restored tax exemptions for Educate India Society, ruling that higher interest payments to related parties were a commercial necessity and not an undue ...

1. The much-awaited ITR-3 form is now available online on the Income Tax portal, effective from July 30, 2025. This Form is often considered the most complicated income tax return form. But don’t ...

ITAT Mumbai held that addition under section 68 towards unsecured loans merely relying on retracted statement cannot be sustained. Accordingly, order of CIT(A) upheld and appeal of revenue is ...