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Purchase of Residential Property from Spouse Doesn’t Bar S. 54 Relief: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...

Broken-Period Interest on Sale of NCDs Taxable as Interest, Not Capital Gains: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that broken-period...

No Denial of S.12AB Registration Without Actual Application of Funds Outside India: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that a...

Income Tax Reassessment Time Limit Can’t Be Extended Indefinitely: Chhattisgarh HC

The Chhattisgarh High Court has dismissed an appeal filed by the Income Tax Department...

WhatsApp Chats Alone Can’t Justify Tax Additions: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted multiple additions...

Recorded Jewellery Sales Can’t Be Treated as Unexplained Cash: ITAT Deletes Demonetisation Addition

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that where...

PAN Misuse Allegation Alone Can’t Invalidate Genuine Transactions: ITAT Deletes Bogus Purchase Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has granted major relief...

ITAT Condones 460-Day Delay of 87-Year-Old Taxpayer, Quashes Ex Parte Order for Fresh Hearing

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has condoned a delay...

No S. 68 Addition on Share Application Money Received from Directors and Group Concerns When Documents Are on Record: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

ITAT Restores Charitable Trust’s 12AB and 80G Registration Applications, Grants Fresh Hearing Opportunity

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the...

No Relief on Merits After Failure to Explain Delay: Karnataka HC Rejects LTCG Exemption Claim

The Karnataka High Court has dismissed an income tax appeal filed by an assessee...

Net Direct Tax Collections Jump 14.64% to ₹5.21 Lakh Crore; Advance Tax Surges 15.30% by June 17

India's direct tax collections have started FY 2026-27 on a strong note, with net...

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : 20 June, 2026

Here’s the Tax Law Daily Bulletin for June 20, 2026.GSTTAXPAYER’S RIGHT TO CORRECT GSTR-1...

Service Tax Refund Can’t Be Denied Due to Wrong Registration Code: CESTAT

The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Purchase of Residential Property from Spouse Doesn’t Bar S. 54 Relief: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...

DIGIT Data Entry Guidelines | CBIC Mandates Timely Reporting of Customs Offence Cases

The Central Board of Indirect Taxes and Customs (CBIC) has issued instructions laying down...