ITAT Upholds PCIT’s Revision on Bogus Political Donation Deduction (Sec. 80GGC)

By Editor | Published on 2025-09-30 16:53:52

Case: Milind Pankajbhai Shroff Vs PCIT (ITAT Rajkot)

Facts of the Case

  • The taxpayer, Milind Pankajbhai Shroff,...

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Why Maintaining Detailed Books of Accounts Is Important: Understanding Sections 44AD & 44ADA

By Editor | Published on 2025-09-30 16:43:39

The Income Tax Act, 1961, provides Sections 44AD and 44ADA to simplify taxation for small businesses and professionals. These sections allow taxpayers to declare presumptiv...

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Teacher vs ITAT Delhi (2025) – Cash Gift of ₹3.5 Lakh from Daughter Not Taxable

By Editor | Published on 2025-09-30 15:45:46

Court/Authority: Income Tax Appellate Tribunal (ITAT), Delhi
Date: 2025
Law Involved: Income Tax Act, 1961 – Sections ...

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Modernization of Income Tax Act 2025 – Explained Simply

By Editor | Published on 2025-09-28 22:13:09

The Indian government has introduced the Income Tax Act, 2025 to make India’s tax system simpler, clearer, and easier to understand. Here’s what it mea...

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What Happens If You File Your ITR After the Due Date But Before 31st December 2025?

By Editor | Published on 2025-09-14 14:50:06

Filing your Income Tax Return (ITR) on time is always recommended. However, many taxpayers miss the original due date (generally 31st July 2025 for individuals not requiring audit)...

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