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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...

Depreciation Can Only Be Set Off Against ‘Profits Or Gains’ And Not Against ‘Income From Any Other Sources’: Kerala High Court

BackgroundRelevant ProvisionsConclusionFAQsDepreciation Can Only Be Set Off Against what sources?The Kerala High Court has...

Bandwidth Services Provided Outside India Not Taxable As ‘Royalty’: Delhi High Court

The Delhi High Court ruled that the bandwidth services provided outside India are not...

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JURISHOUR | TAX LAW DAILY BULLETIN : 11 SEPTEMBER, 2026

Here’s the Tax Law Daily Bulletin for September 11, 2026.GSTMANUFACTURE OR TRADING STATUS IRRELEVANT FOR...

Front-of-Pack Food Warning Labels Must Be Clear, Prominent and Scientifically Justified: Supreme Court Asks FSSAI to Clarify Proposal

The Supreme Court has directed the Food Safety and Standards Authority of India (FSSAI)...

DRI | 3 Years’ Custody and Slow Trial Alone Can’t Override NDPS Bail Bar in Commercial Quantity Case: Delhi High Court

The Delhi High Court has refused regular bail to a 70-year-old man accused of...

Rs. 22.44 Crore Customs Duty Evasion Case Involving Alleged Routing of Chinese Steel Pipes Through Thailand: Mumbai Court Grants Bail

The Additional Chief Judicial Magistrate at Esplanade, Mumbai, has granted bail to a businessman...