HomeDirect Tax

Direct Tax

Keep exploring

S. 148 Notice Issued After Limitation for AY 2015-16 Held Void: ITAT Quashes Reassessment as Time-Barred

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

AO Enhances Addition from 10% to 100% Despite Bona Fide Error in Bank Balance: Delhi HC Stays Demand and Penalty Proceedings

The Delhi High Court has admitted a writ petition challenging an assessment order where...

Reassessment Notice Invalid Without Proper Sanction: ITAT Quashes Entire Assessment Proceedings

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

ITAT Quashes Final Assessment Order Passed Without Following Binding DRP Directions

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has quashed a final assessment order...

Amalgamated Company Can’t Claim Set-Off of Predecessor’s Losses Under Kerala Agricultural Income Tax Act: Supreme Court

The Supreme Court of India has held that an amalgamated company cannot claim set-off...

ITAT Grants Relief to Taxpayer, Flags Digital Divide in Tax Administration

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has granted relief to a taxpayer...

Prima Facie Case Sufficient for Prosecution Under Income Tax Act; Rajasthan High Court Refuses to Quash Cognizance Order

The Rajasthan High Court has held that at the stage of taking cognizance in...

Bombay HC Directs Filing of CA-Certified Affidavit to Prove No Unjust Enrichment in Tax Dispute Involving Flat Buyers

The Bombay High Court has directed the petitioner to substantiate its claim that no...

Income Tax Dept. Introduces Form 121, Replaces Forms 15G and 15H

The Income Tax Department has introduced a new unified declaration form—Form No. 121—aimed at...

Dispose High-Pitched Assessment Amid Coercive Recovery Actions Within 2 Months: Delhi High Court Orders Priority Hearing Before Faceless CIT(A)

The Delhi High Court has directed priority hearing and disposal of appeal before Faceless...

LTCG Addition Unsustainable in Absence of Direct Evidence Linking Assessee to Penny Stock Manipulation: ITAT

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has delivered a significant ruling in...

HCL Infosystems Wins: ITAT Quashes Assessment on Non-Existent Entity

In a major relief to HCL Infosystems, the Income Tax Appellate Tribunal (ITAT), Delhi...

Latest articles

No GST Demand For Mere Wrong Set-Off Of IGST Credit Under CGST And SGST Heads: Kerala HC

The Kerala High Court has quashed a GST assessment order passed against a registered...

Exporter Can’t Be Denied Advance Authorization Benefit Due To ICEGATE Technical Glitch: Delhi High Court

The Delhi High Court has set aside three orders passed by the Policy Relaxation...

Criminal Prosecution Under Central Excise Act Can’t Continue After CESTAT Sets Aside Duty Demand on Merits: Punjab & Haryana High Court

The Punjab and Haryana High Court has quashed a criminal complaint and summoning order...

Punjab & Haryana High Court Refuses To Quash Drugs Act Complaint Against Hand Sanitizer Manufacturer Over “Not of Standard Quality” Allegations

The Punjab and Haryana High Court has refused to quash criminal proceedings initiated against...