HomeDirect Tax

Direct Tax

Keep exploring

Direct Tax Quick Weekly Flashback: 1 To 7 September, 2024

Supreme Court2023 Amendment In Section 80dd Of Income Tax Act Regarding ‘jeevan Aadhar’ Policies...

2023 AMENDMENT IN SECTION 80DD OF INCOME TAX ACT REGARDING ‘JEEVAN AADHAR’ POLICIES CAN’T BE MADE RETROSPECTIVELY APPLICABLE: SUPREME COURT

The Supreme Court has dismissed the writ petitions seeking retrospective effect to the 2023...

Income Tax Reassessment Proceedings Of Central Charges, International Taxation Charges To Be Held In Faceless Manner: Bombay High Court

The Bombay High Court has held that in respect of central charges and international...

PCIT To Apply Mind Before Sanctioning Income Tax Reassessment: Bombay High Court

The Bombay High Court has held that the Principal Commissioner of Income Tax (PCIT)...

Monetary Value Involved In Appeals Less Than Rs. 1 Crore: Karnataka High Court Dismisses Income Tax Dept’s Appeals 

The Karnataka High Court has dismissed the income tax appeal filed by the department...

Direct Tax Quick Weekly Flashback: 25 To 31 August 2024

Delhi High CourtAO Can Ascertain Fair Market Value Of Shares If Doubts Valuation: Delhi...

DTVSV Act Intents Closure Of All Tax Disputes: Delhi High Court Quashes SCN & Demand Orders

The Delhi High Court while quasing the show cause notice and the income tax...

Failure To Disclose Closure Of Business To Income Tax Dept. Amounts To Deliberate Malicious Act Of Concealment: ITAT

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

Latest articles

GST Dept. Can’t Reassess Undisputed Pre-GST CENVAT Credit Through TRAN-1 Proceedings: GSTAT Restores Rs. 32.80 Crore Transitional ITC 

The Goods and Services Tax Appellate Tribunal (GSTAT), Thane Bench, has held that GST...

No Mandatory Pre-Deposit in Penalty-Only GST Appeals Arising Before Oct. 1, 2025: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Hyderabad Bench, has held that taxpayers...

Retrospective Invocation of S. 122(1A) for FY 2018–19 Questioned: Allahabad High Court Stays GST Penalty Recovery

The Allahabad High Court has granted interim protection to a taxpayer by staying coercive...

GST | Allahabad High Court Restores Opportunity to Reply in S. 74 Proceedings, Quashes Adjudication Order Passed Without Hearing

The Allahabad High Court has set aside a GST adjudication order passed against an...