Keep exploring
Direct Tax
Service of Notice Can Establish Wilful Default Under S. 276-B: Allahabad High Court Refuses to Quash TDS Default Prosecution
The Allahabad High Court has refused to quash criminal proceedings initiated under Section 276-B...
Direct Tax
Income Tax Dept. Enables ITR-1 and ITR-4 Filing Utilities for AY 2026–27; Return Filing Season Begins
The Income Tax Department has initiated the income tax return filing process for Assessment...
Direct Tax
Functional Similarity, Turnover Differences Crucial for Comparable Selection: Delhi HC Remands Transfer Pricing Issue in American Express Case
The Delhi High Court has delivered an important ruling in transfer pricing litigation involving...
Direct Tax
Dept. Can’t Sit in Armchair of Businessman; Upholds Section 47(iv) Exemption on Intra-Group Share Transfer: ITAT
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that tax...
Direct Tax
Bona Fide Reliance on Form 16 Can’t Be Treated as Misreporting: ITAT Deletes Rs. 51.20 Lakh Penalty on ESOP Exemption Claim
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has deleted a penalty...
Direct Tax
Borrowed Funds Used for Subsidiary Still Eligible for Interest Deduction U/s 36(1)(iii): Supreme Court
The Supreme Court has held that borrowed funds used for subsidiaries are still eligible...
Direct Tax
Retail/After-Sales Businesses Can’t Be Compared With OEM Wholesale Trading: ITAT Deletes TP Adjustments
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has granted major relief...
Direct Tax
CIT(A) Must Give Independent Reasons While Reversing AO; ITAT Need Not Act as First Appellate Authority: Delhi HC
The Delhi High Court has reiterated that appellate authorities under the Income Tax framework...
Direct Tax
Cash Seized Without Verifiable Source Can Be Treated as Benami Property; Filing ITR Later Doesn’t Bar Action: SAFEMA Appellate Tribunal
The Appellate Tribunal under the Prohibition of Benami Property Transactions (PBPT) Act has dismissed...
Direct Tax
ITAT Has No Power to Condon Delay Beyond Six Months in Rectification Applications U/s 254(2)
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that it...
Direct Tax
ITAT Quashes Nine S. 153C Assessments Over Defective Satisfaction Note and Limitation Issues
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed nine assessments...
Direct Tax
Appellate Authority Must Decide Whether AO Exceeded Limited Scrutiny Scope Without Converting Case Into Full Scrutiny: ITAT
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has restored a matter...
Latest articles
Case Compilation
JURISHOUR | TAX LAW DAILY BULLETIN : 27 May, 2026
Here’s the Tax Law Daily Bulletin for May 27, 2026.GST28% GST ON ONLINE GAMING,...
Other Laws
Supreme Court Acquits KSRTC Driver, Says Following Conductor’s Signal Cannot Amount to Criminal Negligence
The Supreme Court has acquitted a Karnataka State Road Transport Corporation (KSRTC) bus driver...
Other Laws
Delay in Legal Notice Alone Can’t Defeat Buyer’s Rights: Supreme Court Restores Specific Performance Decree
The Supreme Court has restored a decree for specific performance in a property dispute,...
Other Laws
Promotions Must Follow Rules Existing at Time of Consideration, Not When Vacancies Arose: Supreme Court
The Supreme Court has held that government employees do not possess a vested right...