HomeDirect Tax

Direct Tax

Keep exploring

New Income Tax Rules For Salaried Employees – TDS, Form 16, and Tax Slabs Updated 

The Central Board of Direct Taxes (CBDT) has issued Circular No. 03/2025, dated February...

Urban Ladder Home Décor Not Liable To TDS On Remittances To Facebook, Amazon Web-Services For Advertisements: Karnataka High Court

The Karnataka High Court has held that Urban Ladder Home Décor is not liable...

Direct Tax Weekly Flashback: 09 To 15 February 2025

Direct Tax Weekly Flashback for the period 9 to 15 February 2025.Supreme CourtSection 271AAA...

Bombay High Court Quashes Income Tax Assessments Orders Against Merged Reliance Units

The Bombay High Court has quashed the income tax assessments orders against merged Reliance...

Select Committee To Review Income Tax Bill 2025 Constituted [READ OFFICIAL NOTIFICATION]

In a significant legislative move, Lok Sabha Speaker Om Birla has constituted a 31-member...

Future Amendment Denying Depreciation On Goodwill Can’t Be The Basis For Reopening Assessment: Gujarat High Court

The Gujarat High Court has held that future amendment denying depreciation on goodwill cannot...

Section 148 Can’t Be Invoked For Change In Tax Rate For Future AYs: Bombay High Court

The Bombay High Court has held that merely because there is some change in...

Bombay High Court Quashes Re-Assessment Proceedings Against ICICI Bank

The Bombay High Court has quashed the reassessment proceedings against ICICI Bank.The bench of...

Karnataka High Court Quashes Penalty For Non-Deduction Of TDS On Professional Advice 

The Karnataka High Court has quashed the penalty for non-deduction of TDS on professional...

Infrastructure Debt Fund To Be Set Up As Non-Banking Financial Company: CBDT Notifies Income-tax (Third Amendment) Rules, 2025

The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Third Amendment) Rules,...

Offer To Pay Tax On Additional  Amount To Avoid Litigation Not Proof Of Undisclosed Income For Penalty: ITAT

The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has held that voluntary tax...

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...