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Whether International Transactions With Non-Korean AEs Similar To MAP Covered Korean AE: ITAT Remit Back TP Adjustment To TPO

The Income Tax Appellate Tribunal, Chennai, remitted back the Transfer Pricing adjustment to Transfer...

Impermissible For TPO To Doubt Commercial Soundness Of Expenditure That May Be Incurred: Delhi High Court

The Delhi High Court ruled that it is  impermissible for Transfer Pricing Officer to...

Uncontrolled Entities As Comparables For Determining ALP; Delhi High Court Remands Back Matter To ITAT

The Delhi High Court remanded the matter to Income Tax Appellate Tribunal (ITAT) in...

Transfer Pricing Entities Operating On Economic Upscale Can’t Be Included As Comparables Of Those Working On Cost Plus Pricing: Delhi High Court

The Delhi High Court has held that Transfer Pricing Entities operating on economic upscale ...

Assessment Order Under Faceless Assessment Scheme Passed Without Show Cause notice Is Void: Bombay High Court

The Bombay high court has held that the assessment order under faceless assessment scheme...

ITAT Quashes Revision Order Passed By PCIT Without Citing That Prior Approval U/S 153D Was Erroneous 

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has quashed revision order passed...

Delhi High Court Quashes S. 271(1)(c) Penalty Citing Absence Of Specific Charge In Notice

The Delhi High Court has quashed the penalty under Section 271(1)(c) of the Income...

S. 264 Revisionary Power Bridges Vacuum To Remedy Bona Fide Mistake: Bombay High Court

Background Arguments - Section 264 Revisionary Power Conclusion FAQsWhat is section 264 under the...

Credit Card  Issued By Foreign Branches But Used In India; No Income Tax On Credit Card Fee: Delhi High Court

BackgroundConclusion - No Income Tax on Credit Card FeeFAQsIs Income Tax on Credit Card...

Tax audit due date extension notification: CBDT Extends 7 Days Time For Filing Of Audit Reports For AY 2024-25

Applicability Of Extension For Filing Audit Reports FAQsIs there any Tax audit due date extension notification?Circular DetailsThe...

Latest articles

Gujarat High Court Grants Bail to CGST Superintendent in ₹20 Lakh GST Bribery Case

The Gujarat High Court has granted regular bail to CGST superintendent, Mukesh Kumar Manbodh...

JURISHOUR | TAX LAW DAILY BULLETIN : 03 AUGUST, 2026

Here’s the Tax Law Daily Bulletin for August 3, 2026.GSTNO EFFECTIVE COMMUNICATION OF GST...

Stereotyped Eyewitness Testimony and Medical Contradictions Justify Acquittal: Supreme Court Refuses to Restore Conviction

The Supreme Court has refused to interfere with a Bombay High Court judgment acquitting...

Revenue Records Showing Shamilat Deh Prevail Over Private Ownership Claims: Supreme Court

The Supreme Court has delivered a landmark judgment clarifying the legal status of shamilat...