HomeDirect Tax

Direct Tax

Keep exploring

ITAT Allows 50% Presumptive Taxation for Doctor Despite Non-Filing of Return

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that merely...

Assessment Invalid Where AO Acted Under Directions of Superior Authority: ITAT Deletes Rs. 11.12 Crore ‘On-Money’ Addition

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed an appeal...

Meesho’s Income Tax Disputes Surge to ₹2,071.8 Crore in FY26; Company Challenges Fresh ₹1,499.74 Crore Demand

E-commerce marketplace Meesho has reported a sharp increase in its income tax-related disputes, with...

Form 26B Can’t Be Forced After TDS Assessment: Delhi High Court Orders Rs. 53 Crore Refund to Taxpayer

The Delhi High Court has directed the Income Tax Department to release more than...

Income Tax Dept. Searches 394 Suspicious Entities, 36 Professionals Over Large Foreign Remittances

The Income Tax Department has launched a nationwide verification exercise after uncovering a network...

ITAT Quashes Reassessment as S. 148 Approval Was Granted by Wrong Authority After 3 Years

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

S. 80P(2)(d) Deduction Allowable On Interest Earned By Cooperative Housing Society From Cooperative Banks: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has allowed the appeal holding that...

Deposited TDS Can’t Continue as Principal Liability: ITAT Directs Fresh Verification of Interest and REC Registration Charges

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has set aside key aspects of...

Rejection of GST Refund Can’t Automatically Bar Deduction as Business Expenditure Under Income Tax Act: ITAT

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

Investigation Wing Information Alone Can’t Establish Failure to Disclose Material Facts: ITAT Quashes Reassessment Beyond 4 Years

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

Demonetisation-Era Cash Deposit Explained Through Cash Book and Bank Records: ITAT Deletes Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Latest articles

GST Registration Cancellation Quashed Over Missing Verification Report And Unexplained Retrospective Effect: Karnataka High Court

The Karnataka High Court has set aside an order cancelling a firm’s GST registration...

Internal Departmental Delays Can’t Extend GST Refund Appeal Deadline: Karnataka High Court

The Karnataka High Court has dismissed the department’s appeal in a dispute involving recovery...

GST Officer Blocks Rs. 1.61 Crore ITC Beyond His Powers; Allahabad High Court Orders Review Of Similar Cases

The Allahabad High Court has directed the Commissioner, State Tax, to examine whether officers...

GST Recovery Put on Hold as Allahabad HC Flags Substantial Question of Law Over Portal Upload, Communication of Orders

The Allahabad High Court has taken serious note of concerns relating to the chronology...