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BREAKING | Union Budget 2025: CBDT Working On Simplified  Version Of Income Tax Laws

The Union Government is preparing the Union Budget 2025, which shall be presented on...

Bombay High Court Quashes Order For Non-Addressing Issue Of Waiver Of Interest, Attributable To COVID-19 Pandemic

The Bombay High Court has quashed the order for non-addressing the issue of waiver...

Supreme Court Remands Back Matter To AO To Determine Purpose For Which Short Term FD Accounts Were Opened, Nature Of Income

The Supreme Court has  remanded the matter to AO to determine the purpose for...

AO Can’t Consider Claim Of Time Barred Income Tax Revised Return: Supreme Court

The Supreme Court has held that the assessing officer (AO) had no jurisdiction to...

Section 80IA Deduction Allowable On Port Infrastructure Development: Calcutta High Court

The Calcutta High Court while upholding the order of Income Tax Appellate Tribunal (ITAT)...

No Addition Is Permissible Unabated Assessments Unless Based On Incriminating Material: ITAT

The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has held that  no addition is...

Penalty Under Section 270(A) Discretionary In Nature, ITAT Deletes Penalty For AO’s Failure To Prove Malafides

The Banglore Bench of Income Tax Appellate Tribunal (ITAT) has held that the penalty...

Capital Gains Computed On Depreciable Asset To Be Given Benefit Of Lower Tax Rate: ITAT’s Members Have Dissenting Views

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) comprising of Amit Shukla (Judicial...

No Depreciation On Toll Roads Is Allowable: ITAT

BackgroundConclusion - Depreciation On Toll RoadsFAQsOn which assets depreciation is not allowed?Is depreciation on...

Signing Of  Assessment Order Is An Integral Part Of Order Generation In E-Assessment: ITAT

BackgroundSubmissions ConclusionWhat Is An Integral Part Of Order Generation In E-Assessment?The Mumbai Bench of...

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...