HomeDirect Tax

Direct Tax

Keep exploring

Delhi High Court Quashed Reassessment Notice Beyond 10 Years Block Period 

The Delhi High Court has quashed the reassessment notice citing it to be beyond...

New Monetary Limits For Waiver Of Interest By Income Tax Authority: CBDT

The Central Board of Direct Taxes (CBDT) has notified the new Monetary Limits for...

Disciplinary Action Against CIT(A) Can’t Be Initiated For Deleting Rs.120.55 Crore Income Tax Addition In Hasty Manner: Gauhati High Court

The  Gauhati High Court has held that disciplinary action against CIT (A) could not...

Excise Duty Exemption Is A Capital Receipt, Not Taxable Under Income Tax Act: Jammu & Kashmir And Ladakh High Court

The Jammu & Kashmir And Ladakh High Court has held that excise duty exemption...

Family Settlement Not Required To Be Registered For Computing Capital Gains: Punjab & Haryana High Court

The Punjab & Haryana High Court has held that family settlement is not required...

Bombay High Court Condones Delay In Filing ITR By A Doctor On Covid Duty

The Bombay High Court has condoned the delay in filing ITR (Income Tax Return)...

AO To Spell Out Reasons As To What Was To Be Disclosed Before Initiating Reassessment Under Section 147 : Delhi High Court

The Delhi High Court has held that the (Assessing Officer) AO to spell out...

TDS Is Deductible On Salaries Of Nuns And Priests Working In Aided Schools: Supreme Court

The Supreme Court while upholding the decision of Madras High Court has held that...

Assessment Can’t Be Reopened Merely On The Basis Of Information By Investigation Wing : ITAT

The Delhi bench of Income Tax Appellate Tribunal (ITAT) has held that assessment cannot...

Delhi High Court Refuses To Condone AO’s 2 Minutes Delay In Issuing Reassessment Notice; Quashes Notice Being Time Barred

The Delhi High Court has refused to condone 2 minutes delay in issuing reassessment...

Latest articles

Digital Cinema Projectors Leased to Theatres Can’t Be Assessed on MRP Basis; CESTAT Allows Amendment of Bills of Entry

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench has held that...

TRACES Portal Yet to Enable FY 2026-27 Challan Corrections Under Income Tax Act, 2025; Deductors Must Use Old TRACES System

The transition from the Income-tax Act, 1961 to the new Income Tax Act, 2025...

JURISHOUR | TAX LAW DAILY BULLETIN : 17 June, 2026

Here’s the Tax Law Daily Bulletin for June 17, 2026.GSTNO RIGHT TO HAVE ADVOCATE...