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Direct Tax
Limitation Applies Despite DRP Route: ITAT Quashes Oracle India’s Final Assessment as Time-Barred
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the final...
Direct Tax
Foreign Tax Information Reference Can’t Extend Limitation: Delhi HC Holds Search Assessments Time-Barred U/s 153B
The Delhi High Court while terming search assessments as time-barred under Section 153B of...
Direct Tax
Revision Invalid Where AO Conducted Detailed Enquiry on Venture Capital Fund Exemption: Bombay High Court
The Bombay High Court has dismissed an appeal filed by the Income Tax Department,...
Direct Tax
Airlines Liable for TDS on Agent Commission, But Only Interest Recoverable if Agent Already Paid Tax: Delhi HC
The Delhi High Court has held that foreign airlines are liable to deduct tax...
Direct Tax
Revision Under Black Money Act Invalid Where Assessment Completed After Due Inquiry, Disclosure Accepted: ITAT
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has set aside revisionary proceedings...
Direct Tax
Calcutta High Court Stays Income Tax Reassessment for Non-Application of Mind to Assessee’s Replies
The Calcutta High Court has stayed reassessment proceedings initiated under Section 148 of the...
Direct Tax
Dispute Resolution Panel Mechanism U/s 144C Can’t Override Limitation U/s 153: ITAT Holds Coca Cola’s Assessments As Time-Barred
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) while holding Coca Cola...
Direct Tax
1 Day Delay in Employees’ PF Due to Technical Glitch Cannot Trigger Disallowance: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has delivered a significant...
Direct Tax
Income of Predecessor Can’t Be Assessed in Hands of Successor After Merger: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that income...
Direct Tax
Delayed PF, ESI Payments Disallowable Even at CPC Stage: ITAT Upholds Adjustments Under Section 143(1)
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has dismissed appeals filed for...
Direct Tax
Penny Stock Loss Disallowance Can’t Rest on General Investigation Inputs Without Direct Evidence: Calcutta High Court
The Calcutta High Court has dismissed an income tax appeal filed by the department,...
Direct Tax
Interest Can Be Reduced from Dividend Income Only If Linked to Borrowed Funds: Punjab & Haryana HC
The Punjab and Haryana High Court has ruled that interest expenditure can be reduced...
Latest articles
GST
ITC Refund Limitation Must Be Counted Based on Nature of Supply, Not Mechanical Application of S. 54: Delhi High Court
The Delhi High Court has clarified the correct interpretation of limitation under Section 54...
Indirect Taxes
CUSTOMS ACT | Nominal Shortfall in Penalty Can’t Deny Amnesty Benefit Under Customs Law: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal, Ahmedabad Bench, has held that a...
Indirect Taxes
Insurance, Hedging & Employee Training Services Qualify as Input Services: CESTAT Allows Cenvat Credit
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...
Indirect Taxes
Statements Without S. 9D Procedure Not Admissible: CESTAT Quashes Rs. 4.12 Cr CENVAT Credit Demand
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi Principal Bench, has...