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0.3% Profit Estimation Upheld in NSEL Paper Transactions; Disallows Rs. 59.52 Cr Bogus Loss: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed the...

Assessee Can’t Claim Relief After Missing 3-Year Deadline: Delhi High Court Upholds Rejection of Delay Condonation Plea for Form 10-IC

The Delhi High Court has dismissed a writ petition filed by Mentaura Technologies Pvt....

FSSAI Delay in Filing ITR Form 10 Condoned: Delhi High Court

The Delhi High Court has held that the tax department must adopt a liberal...

Job Work Manufacturing Can’t Be Taxed as ‘Renting of Immovable Property’: ITAT

The Customs, Excise and Service Tax Appellate Tribunal, Hyderabad Bench has held that manufacturing...

No Addition If No Fresh Share Capital or Premium Received During Year: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that no addition under...

Lease Rentals from SEZ IT Parks Taxable as Business Income: ITAT Allows Change of Head of Income in S. 153A Proceedings

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has held that an assessee can...

Mere Admission of Undisclosed Income Without Explaining Source Attracts S. 271AAB(1)(c): ITAT Reduces Penalty to 30%

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that where...

Software Expenses Not Capital Asset, Allowable as Revenue; Double Disallowance Cannot Lead to Taxation Twice: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that expenditure...

CIC Order Directing Disclosure of Husband’s Income Tax Details Quashed: Delhi High Court

The Delhi High Court has set aside an order of the Central Information Commission...

ITAT Remands Taxability Issue of Fees Regulating Authority; Keeps S. 10(46) Exemption Question Open Pending CBDT Notification

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has set aside the assessment order...

Demonetisation Cash Deposit Case: ITAT Holds Documented Foreign Remittances Can’t Be Treated as Unexplained Income

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has granted relief to a non-resident...

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : 10 JULY, 2026

Here’s the Tax Law Daily Bulletin for July 10, 2026.GSTSUPREME COURT ASKS GSTAT PRESIDENT...

ITR Filing for Senior Citizens AY 2026-27

From revised tax slabs under the new regime to exemption from return filing for...

CSIR Promotion Dispute: Supreme Court Rejects Judicial Formula for Averaging Performance Scores

The Supreme Court has held that courts cannot substitute the assessment methodology adopted by...

CBI-DRI Joint Operation Busts Interstate Wildlife Trafficking Syndicate; 53 Protected Animals Rescued, Six Arrested

The Central Bureau of Investigation (CBI) and the Directorate of Revenue Intelligence (DRI), Mumbai,...