Keep exploring
Direct Tax
Bombay High Court Quashes Rs. 20.16 Crore TP Adjustment as Mandatory SCN Was Not Served
The Bombay High Court has set aside a transfer pricing order proposing an adjustment...
Direct Tax
Notice to Partnership Firm Sufficient for Auction of Firm’s Property to Recover Income Tax Dues: Madras High Court
The Madras High Court has ruled that the Income Tax Department is not required...
Direct Tax
Sale of Plots Doesn’t Deny Charitable Status When Surplus Funds Public Welfare: Punjab and Haryana High Court
The Punjab and Haryana High Court has held that an improvement trust cannot be...
Direct Tax
Non-Issuance of S. 143(2) Notice Invalidates Reassessment; Participation Can’t Cure Jurisdictional Defect: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
Direct Tax
No Addition Merely on Entry Provider’s Statement Without Cross-Examination: ITAT Upholds Deletion
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion...
Direct Tax
Unsigned, Undated S. 151 Approval Invalid: Delhi ITAT Quashes Reassessment Over Rs. 51 Lakh Cash Deposits
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
Direct Tax
Forex Fluctuation Arising From Normal Business Transactions Is Operating Item for Transfer Pricing: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal has held that foreign exchange...
Direct Tax
S. 92BA Omission Is Prospective: ITAT Refuses to Quash Rs. 5.12 Crore TP Adjustment
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...
Direct Tax
Depreciation Allowable on Entire IPL Franchise Cost, Not Merely Annual Installment: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal has held that depreciation on...
Direct Tax
Income Tax Portal Introduces Dedicated Grievance Option for Reporting Corruption and Harassment
The Income Tax e-Filing Portal has introduced a dedicated mechanism for raising grievances involving...
Direct Tax
Political Donation Deduction Can’t Be Disallowed Solely on Third-Party Statements Without Inquiry or Cross-Examination: ITAT
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has held that a...
Direct Tax
GOLD JEWELLERY KEPT AT HOME LIMIT | Diamond-Studded Jewellery Covered by CBDT’s Permissible Limit: ITAT
The Income Tax Appellate Tribunal (ITAT) has deleted an addition of approximately Rs. 3.86...
Latest articles
Indirect Taxes
Importer’s Consent To Higher Customs Value Does Not Bar Appeal; Enhancement Needs Supporting Evidence: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad, has held that an...
Indirect Taxes
Consent to Higher Customs Value Doesn’t Bar Appeal; Import Data Alone Can’t Justify Enhancement: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad, has held that an...
Indirect Taxes
Settled Tax Exemptions Can’t Be Reopened In Remand Proceedings: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad, has set aside an...
Indirect Taxes
Rs. 2.16 Lakh Service Tax Demand Set Aside Over Threshold Exemption, Lack Of Proof Of Suppression: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad, has set aside a...