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Reassessment Notice Issued By JAO Is Invalid: Bombay High Court

The Bombay High Court ruled that reassessment notice issued by JAO is invalid.The bench...

Relief To Vodafone: Supreme Court Dismisses Dept’s SLP On Taxability Of Interconnect Charges And TDS Liability Fastening Basis Retrospective Amendment

The Supreme Court Dismissed the department's Special Leave Petition (SLP) on taxability of interconnect...

Wilful Concealment Of Income: Calcutta High Court Uphold Prosecution 

The Calcutta High Court Upheld the Prosecution against assessee.The bench said that Sri Bachchraj...

Building Association Can Claim Expenditure Against Interest Income: ITAT

The Income Tax Appellate Tribunal, Ahmedabad held that the building association can claim expenditure...

NO ASSESSMENT PROCEEDINGS PENDING AS OF SEARCH DATE: ITAT UPHOLDS DELETION OF INCOME TAX ADDITION TOWARDS UNEXPLAINED EXPENDITURES

The Income Tax Appellate Tribunal (ITAT) upheld the deletion of income tax addition concerning...

PROCEEDINGS IMPOSING PENALTY ON CONTRAVENTION OF PENAL PROVISIONS ARE QUASI-CRIMINAL ONUS ON DEPT. TO GIVE CATEGORICAL FINDING: ITAT

Author: Khushi J PrajapatiThe Income Tax Appellate Tribunal, New Delhi affirmed that proceedings related...

BREAKING | CA Files PIL Before Gujarat High Court Challenging Non-Allowing Rebate Guaranteed U/s 87A Of Income Tax Act 1961 

Today, CA Chintan Nareshkumar Patel has filed a Public Interest Litigation (PIL) challenging the...

AO Yet To Frame Assessment, Writ Court Should Not Interfere At Premature Stage: Punjab And Haryana High Court

The Punjab and Haryana High Court has held that where the proceedings have not...

Cheque For Refund Issued By Income Tax Dept. Bounced Despite Court’s Clear Directions: Punjab & Haryana High Court Orders Departmental Action

The Punjab and Haryana High Court has directed the departmental action against the income...

Royalty Imposed By Municipal Corporation On Advertising Companies For Putting Up Hoardings/Advertisements Can’t Be Termed As ‘Tax’: Supreme Court

The Supreme Court has held that  'royalty' imposed by Municipal Corporation on the advertising...

Mere Omission To Give Correct Information Is Not Suppression Of Facts Unless It Was Deliberate To Stop Payment Of Duty: Chhattisgarh High Court

The Chhattisgarh High Court has held that mere omission to give correct information is...

CBDT Issues Revised Guidelines For Compounding of Offences Under Income Tax Act, 1961

The Central Board of Direct Taxes (CBDT) has issued Revised Guidelines for compounding of...

Latest articles

Why Did ICAI Put Its Big 4 Disclosure Rules on Hold?

The Institute of Chartered Accountants of India (ICAI) has put on hold its much-anticipated...

CGST Kolhapur Cracks ₹10.57 Crore Fake ITC Racket; Mastermind Behind Six Shell Firms Arrested

In a significant crackdown on GST fraud, the Anti-Evasion Wing of the Central Goods...

Can GST Authorities Issue One Show Cause Notice for Multiple FY? Supreme Court to Decide

The Supreme Court on Thursday issued notice on a Special Leave Petition (SLP) challenging...

GST Refund Interest Must Be Calculated from Original Refund Application, Not Fresh Filing After Court Order: Gujarat High Court

The Gujarat High Court has held that GST refund interest must be calculated from...