Amit Sharma
Amit Sharma is the Content Editor at JurisHour. He has been writing about the Indian legal market. He has covered tax & company litigation stories from the Supreme Court, High Courts and Various Tribunals. Amit graduated from MLSU Law College with B.A.LL.B. and also holds an LL.M. from MLSU, Udaipur, Rajasthan. An Advocate in Taxation, and practised in Tribunals as well as Rajasthan High Court and pursued Masters in Constitutional Law. He started out small with little resources but a big plan to take tax legal education to the remotest locations across India and eventually to the world. His vision is to make tax related legal developments accessible to the masses.
Notification
ICAI Examines Private Equity Funding for Consultancy and Accounting Businesses, Audit Practices to Remain Ring-Fenced
The Institute of Chartered Accountants of India (ICAI) is examining whether private equity investment can be permitted in the non-audit businesses of accounting firms, subject to a clear separation between assurance and non-assurance practices.The proposal could enable accounting firms to raise external capital for...
Direct Tax
Foreign Salary Remitted to NRE Account Can’t Be Treated as Unexplained Investment Merely on SFT Data: CIT(A) Deletes ₹1.33 Crore Addition
The Commissioner of Income Tax (Appeals), Delhi, has deleted an addition of ₹1.33 crore made against a non-resident taxpayer under Section 69 of the Income Tax Act, 1961, holding that foreign salary remitted through normal banking channels to an NRE account cannot be treated...
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Direct Tax
CBDT Mandates Aadhaar Intimation For PAN Holders Allotted via Aadhaar Enrolment ID Before October 1, 2024
The Central Board of Direct Taxes (CBDT) has mandated Aadhaar Intimation for PAN holders...
Direct Tax
AO Acted Under Superior’s Dictation Without Independent Belief: Bombay High Court Quashes Reassessment
The Bombay High Court while quashing the income tax reassessment held that the Assessing...
Direct Tax
Madras High Courts Allows Income Tax Deduction On Amount Towards Approved Gratuity Fund with LIC
The Madras High Court allowed the Income Tax deduction under Section 40(A)(7)(b) of the...
International Taxation
The Effect of the 27% Reciprocal Tariff: Minimal Impact on India, Higher Prices for Americans
The recent imposition of a 27% reciprocal tariff on certain Indian exports has raised...
International Taxation
Trump Slaps 27% Reciprocal Tariff on India, Calls Modi a ‘Great Friend’
In a significant trade move, US President Donald Trump has announced a 27% reciprocal...
Other Laws
PIL In Allahabad High Court Seeks to Halt Oath Ceremony of Justice Yashwant Varma Amid Cash Stash Probe
A Public Interest Litigation (PIL) has been filed before the Lucknow bench of the...
Direct Tax
Delhi High Court Directs Issuance of Nil Withholding Tax Certificate to Lufthansa Cargo
The Delhi High Court has directed the issuance of nil withholding tax certificate to...
Direct Tax
‘Debt Forgiveness’ Can’t Be Taxes As Business Income: ITAT
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the debt...
Notification
Technical Glitch: CBDT Waives Interest On Late TDS/TCS Payments
The Central Board of Direct Taxes (CBDT) has notified the waiver of interest on...
Direct Tax
Know All Changes In TDS Provisions Effective from 1st April 2025
The Income Tax Department has announced significant changes in the Tax Deducted at Source...
Direct Tax
Kapil Dev Exempted From Income Tax On Rs. 1.5 Crore Granted By BCCI: ITAT
The Income Tax Appellate Tribunal (ITAT) has exempted Kapil Dev from income tax on...
Other Laws
‘Reasonable Doubt’ in Criminal Cases Must Be Assessed by Standards of Strong-Minded and Courageous Individuals: Supreme Court Quashes FIR Against Congress MP Imran Pratapgarhi
The Supreme Court while quashing the First Information Report (FIR) against Congress MP Imran...
Latest articles
Notification
ICAI Examines Private Equity Funding for Consultancy and Accounting Businesses, Audit Practices to Remain Ring-Fenced
The Institute of Chartered Accountants of India (ICAI) is examining whether private equity investment...
Direct Tax
Foreign Salary Remitted to NRE Account Can’t Be Treated as Unexplained Investment Merely on SFT Data: CIT(A) Deletes ₹1.33 Crore Addition
The Commissioner of Income Tax (Appeals), Delhi, has deleted an addition of ₹1.33 crore...
Direct Tax
Export Commission Paid to Foreign Agents for Services Outside India Not Liable to TDS: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that commission...
GST
DGGI | Pre-Charge Evidence Can’t Be Recorded Without Summoning Accused in GST Complaint: Punjab & Haryana High Court
The Punjab and Haryana High Court has set aside three orders passed by a...