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Direct Tax

541 posts

The Direct Tax category Includes the latest tax news related to Income Tax, Income Tax Act 1961. It Covers Judgments or orders from Supreme Court, High Court and Income Tax Appellate Tribunal (ITAT).

Surcharge On Private Discretionary Trusts To Be Computed As Per Slab Rates Prescribed In Finance Act: ITAT

ITAT Cracks Down on Farmland Black Money Deals: This Ruling Makes Hidden Cash Taxable

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has taken direct…

WhatsApp Chats as Evidence in Income Tax Cases: Legal Recognition with Conditions

As digital communication increasingly shifts to platforms like WhatsApp, questions about the…

PAN Not Mandatory For Lower TDS Under DTAA: Gujarat High Court

The Gujarat High Court has held the Permanent Account Number (PAN) is…

Assessee Can’t Be Penalised U/s 271(1)(c) Of Income-tax Act For Merely Raising Plausible Claim: Bombay High Court

The Bombay High Court has held that the assessee cannot be penalised…
ITAT Reopens Rs. 76 Lakh Bogus Purchase Case, Slams CIT(A) for Ignoring Fraud Red Flags

ITAT Reopens Rs. 76 Lakh Bogus Purchase Case, Slams CIT(A) for Ignoring Fraud Red Flags

The Income Tax Appellate Tribunal (ITAT), Raipur Bench, has set aside the…
Himachal Pradesh High Court Quashes NFAC Order, Slams Anarchy From Defiance of Appellate Authority Rulings

Himachal Pradesh High Court Quashes NFAC Order, Slams Anarchy From Defiance of Appellate Authority Rulings

The Himachal Pradesh High Court has quashed the order passed by  National…
AO Must Know Reassessment Notice Have Serious Civil Or Evil Consequences, Can’t Be Passed Without Reasons: Himachal Pradesh HC

AO Must Know Reassessment Notice Have Serious Civil Or Evil Consequences, Can’t Be Passed Without Reasons: Himachal Pradesh HC

The Himachal Pradesh High Court has held that the Assessing Officer (AO)…
Allahabad HC Quashes S. 131(1A) Notice Issued After conclusion Of Income Tax Search, Seizure

Allahabad HC Quashes S. 131(1A) Notice Issued After conclusion Of Income Tax Search, Seizure

The Allahabad High Court has quashed the notice issued under Section 131(1A)…
Rs. 25.3 Lakh Cash Seizure by DGGI, Income Tax Dept.: Delhi High Court Refuses To Interfere

Rs. 25.3 Lakh Cash Seizure by DGGI, Income Tax Dept.: Delhi High Court Refuses To Interfere

The Delhi High Court has declined to grant interim relief to the…
Tourist Visa for Business Trips Triggers Tax Trouble: ITAT

Tourist Visa for Business Trips Triggers Tax Trouble: ITAT

In a crucial ruling with significant implications for non-resident Indians (NRIs) and…