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Finance Bill 2025: Government Amends Definition of ‘Capital Asset’

The Finance Bill 2025 has introduced a significant amendment to the definition of “capital...

Government Expands Tax Exemptions for Non-Residents in IFSC under Section 10(4E) of Income Tax Act

In a significant move to enhance India's attractiveness as a global financial hub, the...

Finance Bill 2025 Expands ‘Resultant Fund’ Definition, Eases Conditions for Retail Schemes & ETFs

The Government of India has proposed an amendment to Section 10(4D) of the Income-tax...

Finance Bill 2025 Amends Section 10(10D) To Exempt Life Insurance Proceeds From IFSC Intermediaries Without Premium Cap

The Finance Bill, 2025 has introduced a significant amendment to Section 10(10D) of the...

Finance Bill 2025: Presumptive Tax Provisions Under The New Section 44BBD

The Indian government has introduced an amendment to the proposed Section 44BBD of the...

Finance Bill 2025: Tax Treatment Of Offshore Fund Managers In India

In a significant move aimed at reducing compliance burdens and facilitating the relocation of...

ITAT Quashes Assessment and Penalty Orders Passed During IBC Admission Period

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has assessment and penalty orders...

Step-Siblings Are Relatives, Gift Not Taxable Under Section 56(2) of Income Tax Act: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the step-siblings...

Income Tax Demands After Resolution Plan Approval Is Invalid: Supreme Court

The Supreme Court has declared the income tax demands raised after the approval of...

E-Assessment | JAO Lacks Jurisdiction To Issue Income Tax Reassessment Notices: Rajasthan High Court

The Rajasthan High Court has held that the Jurisdictional Assessing Officer (JAO) lacks jurisdiction...

Income Tax Dept. Bypasses Bombay High Court Ruling In Hexaware Case, Proceeds with Independent Assessment 

The Income Tax Department has disregarded the Bombay High Court's ruling in the Hexaware...

Direct Tax Weekly Flashback: 16 March to 22 March 2025

Direct Tax Weekly Flashback for the period 16 March to 22 March 2025.Delhi High...

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : 10 OCTOBER, 2026

Here’s the Tax Law Daily Bulletin for October 10, 2026.GSTGST APPEAL DEADLINE DOESN’T START...

Rs. 1 Crore Tax Refund Denied: Firm’s Payment Of Partner’s Dues Held Voluntary, Change In Constitution Not Disclosed: Delhi HC

The Delhi High Court has dismissed a partnership firm’s plea for refund of ₹1...

₹65.52 Lakh Tax Deduction Can’t Be Denied Merely For Wrong Income Column In Return: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai, has held that a co-operative society’s deduction...

Income Tax Appeal Dismissed Without Merits Decision Restored Despite Repeated Non-Compliance: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has restored an income...