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.
Indirect Taxes
DRI Busts International Gold-Smuggling Syndicate Operated By Chinese National
The Directorate of Revenue Intelligence (DRI), Mumbai Zonal Unit, has busted an international gold-smuggling syndicate allegedly operated by Chinese nationals in association with Indian accomplices. Officials seized 691.870 grams of 24-carat gold, valued at approximately Rs. 1.10 crore, from a commercial consignment imported from...
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...
Keep exploring
Direct Tax
ITAT Quashes Assessment and Penalty Orders Passed During IBC Admission Period
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has assessment and penalty orders...
Direct Tax
Step-Siblings Are Relatives, Gift Not Taxable Under Section 56(2) of Income Tax Act: ITAT
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the step-siblings...
Other Laws
Suspension Of Govt. Servant During Disciplinary Proceedings Not Punitive But Preventive, Aims to Safeguard Evidence: Rajasthan High Court Issue Guidelines
The Rajasthan High Court has issued the guidelines on the suspension of government servants...
Direct Tax
Income Tax Demands After Resolution Plan Approval Is Invalid: Supreme Court
The Supreme Court has declared the income tax demands raised after the approval of...
Direct Tax
E-Assessment | JAO Lacks Jurisdiction To Issue Income Tax Reassessment Notices: Rajasthan High Court
The Rajasthan High Court has held that the Jurisdictional Assessing Officer (JAO) lacks jurisdiction...
Direct Tax
Direct Tax Weekly Flashback: 16 March to 22 March 2025
Direct Tax Weekly Flashback for the period 16 March to 22 March 2025.Delhi High...
Direct Tax
Bombay High Court Highlights Jurisdictional Conditions for Reopening Tax Cases; Distinguishes Previous Ruling on Sales Promotion Expenses
The Bombay High Court has highlighted jurisdictional conditions for reopening tax cases and distinguished...
Direct Tax
ITAT Quashes Income Tax Reassessment Carried On Old PANÂ
The Pune Bench of Income Tax Appellate Tribunal (ITAT) has quashed the income tax...
Direct Tax
Fund Deployment By Indian Broadcasting Foundation In BARC Is Statutory Obligation And Not ‘Investment’: Delhi High Court Allows Income Tax Exemption
The Delhi High Court while allowing the Income Tax Exemption to Indian Broadcasting Foundation...
Direct Tax
AO Considered Promotional Expenses In Original Proceedings: Bombay High Court Quashes Reassessment Against Pharmaceutical Company
The Bombay High Court has quashed the income tax reassessment proceedings against a Pharmaceutical...
Direct Tax
CBDT Seeks Stakeholders’ Input For Drafting Income-tax Rules
The Central Board of Direct Taxes (CBDT) has sought the stakeholders' input for drafting...
Direct Tax
CBDT Notifies Additional Chief Secretary (IT), Delhi For Income Tax Data Sharing To Identify Beneficiaries Of Welfare Schemes
The Central Board of Direct Taxes (CBDT) has notified the Additional Chief Secretary (IT),...
Latest articles
Indirect Taxes
DRI Busts International Gold-Smuggling Syndicate Operated By Chinese National
The Directorate of Revenue Intelligence (DRI), Mumbai Zonal Unit, has busted an international gold-smuggling...
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...