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Direct Tax
Income Tax Dept. Doesn’t Trust Even Its Lawyers: Supreme Court
The Supreme Court has pulled up the Income Tax Department for its “unnecessarily long...
Direct Tax
Supreme Court Strikes Down 25-Year Experience Rule for CAs Seeking ITAT Membership
The Supreme Court has formally inserted additional paragraphs into its November 19 judgment in...
Direct Tax
TDS on Payments to Non-Residents Can’t Exceed 10% Under DTAA: Supreme Court
The Supreme Court has held that tax deducted at source (TDS) on payments made...
Direct Tax
Supreme Court Slams Income Tax Dept For ‘Frivolous’ SLP, Warns Against Repeated Filings On Settled Issues
The Supreme Court on Friday dismissed yet another Special Leave Petition (SLP) filed by...
Direct Tax
PIL “Misconceived”; Affirms Municipal Bodies’ Power To Revise Taxes After 16 Years: Supreme Court
The Supreme Court while call the Public Interest Litigation (PIL) ‘misconceived’, affirmed the power...
Direct Tax
Supreme Court Clarifies On Income Tax Deduction of Head Office Expenses by Foreign Companies
The Supreme Court clarified the scope of deductions available to non-resident entities for expenses...
Direct Tax
Supreme Court Stays HC’s Direction to Implead Income Tax Authority in Bail Matter
The Supreme Court has stayed the operation of a Rajasthan High Court order that...
Direct Tax
Shares Received on Amalgamation Are Taxable as Business Income If Held as Stock-in-Trade: Supreme Court
The Supreme Court has held that the shares received on amalgamation are taxable as...
Direct Tax
Supreme Court Rules Tiger Global’s Flipkart Exit Taxable in India, Flags Impermissible Tax Avoidance
The Supreme Court on Thursday held that capital gains arising from Tiger Global’s exit...
Direct Tax
Supreme Court Directs PIL Petitioner to ‘Place on Record Income-Tax Returns for the Last 5 Years’ Before Considering Costs
In a significant order underscoring its intolerance towards frivolous public interest litigations (PILs), the...
Direct Tax
CBDT Clarifies: Past Tax Assessments to Remain Closed After Supreme Court’s Tiger Global Ruling
In a move aimed at preserving investor confidence and ensuring certainty in tax administration,...
Direct Tax
Audit Delay Beyond Assessee’s Control Must Be Considered While Deciding Delay Condonation: Orissa High Court
The Orissa High Court has set aside an order passed by the Principal Chief...
Latest articles
GST
SC Upholds S. 74 Penalty: Curative Petition Dismissed, Non-Filing & Tax Non-Payment Treated as Suppression of Facts
The Supreme Court has dismissed a curative petition filed by a taxpayer against an...
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...