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S. 263 Can’t Be Invoked by Treating Court Approved Demerger as an Amalgamation: Madras HC Upholds Carry Forward of Losses

The Madras High Court has dismissed a tax appeal filed by the Income Tax...

No Higher TDS Without Sustainable PE Finding: Delhi HC Quashes 3.5% S. 197 Certificate

The Delhi High Court has set aside an Income Tax Department order directing deduction...

Excel Sheet Seized From Builder Sufficient Basis to Issue Income Tax Reassessment Notice: Delhi HC

The Delhi High Court has upheld the validity of a reassessment notice issued under...

Assets Can’t Be Retained Indefinitely Without Finalising S. 158BC Proceedings: Delhi HC Orders Release of Seized Jewellery, Cash

The Delhi High Court has held that the Income Tax Department cannot indefinitely retain...

No Incriminating Material, No Addition: Delhi High Court Dismisses Income Tax Appeal in Rs. 21 Crore Addition

The Delhi High Court has dismissed an appeal filed by the Income Tax Department...

8-Year Delay in Tax Refunds Is Shocking: Delhi High Court Warns Income Tax Officers of Personal Liability for Non-Compliance

In a strong indictment of administrative apathy, the Delhi High Court has directed the...

Delhi HC Orders Conditional Release of Seized Jewellery, Cash After Income Tax Search

The Delhi High Court has directed the Income Tax Department to release gold jewellery,...

Binny Bansal’s Non-Resident Claim Rejected; ITAT Denies India–Singapore DTAA Relief on Flipkart Share Sale

The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) has rejected claims made...

No Income Tax Payable On Income Earned From Sale Of Tissue Cultured Plants: Telangana HC

The Telangana High Court has held that income earned from the sale of tissue-cultured...

VDIS Declaration Does Not Bar Income Tax Scrutiny Where Discrepancies Exist: Madhya Pradesh High Court

The Madhya Pradesh High Court at Jabalpur has dismissed a writ petition challenging the...

ITAT Quashes Reassessment Based on “Fictitious Loan” Allegations, Slams Dept. for Acting on Incorrect Information

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment orders...

ITAT Restricts Addition to 8% Presumptive Profit in Cattle Feed Trader’s Case, Rejects Full Disallowance of Cash Purchases

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has granted substantial relief...

Latest articles

Composite GST SCN for Multiple Years Held Unsustainable: Kerala High Court

The Kerala High Court has set aside a GST show cause notice (SCN) holding...

New Income Tax Act, 2025 to Take Effect from April 1, 2026, Introducing Simplified “Tax Year” System

India is set to usher in a major overhaul of its direct tax framework...

Unexplained 435-Day Delay Leads to Dismissal of Tax Revision Petition: Karnataka High Court

The Karnataka High Court has dismissed a Sales Tax Revision Petition, refusing to condone...

GSTAT Rajkot Bench Becomes Operational

The Goods and Services Tax Appellate Tribunal (GSTAT) has formally commenced operations of its...