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Undisclosed Income Tax Attachment: Madras High Court Says Bank Can’t Forfeit SARFAESI Auction Deposit

The Madras High Court has held that a bank cannot forfeit an auction purchaser’s...

Genuine Hardship Must Guide S. 119(2)(b) Applications: Madras High Court Condones 31-Day Delay in Filing Form 10

The Madras High Court has held that while considering an application for condonation of...

ITAT Allows 50% Presumptive Taxation for Doctor Despite Non-Filing of Return

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that merely...

Assessment Invalid Where AO Acted Under Directions of Superior Authority: ITAT Deletes Rs. 11.12 Crore ‘On-Money’ Addition

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed an appeal...

Meesho’s Income Tax Disputes Surge to ₹2,071.8 Crore in FY26; Company Challenges Fresh ₹1,499.74 Crore Demand

E-commerce marketplace Meesho has reported a sharp increase in its income tax-related disputes, with...

Form 26B Can’t Be Forced After TDS Assessment: Delhi High Court Orders Rs. 53 Crore Refund to Taxpayer

The Delhi High Court has directed the Income Tax Department to release more than...

Income Tax Dept. Searches 394 Suspicious Entities, 36 Professionals Over Large Foreign Remittances

The Income Tax Department has launched a nationwide verification exercise after uncovering a network...

ITAT Quashes Reassessment as S. 148 Approval Was Granted by Wrong Authority After 3 Years

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a reassessment...

S. 80P(2)(d) Deduction Allowable On Interest Earned By Cooperative Housing Society From Cooperative Banks: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has allowed the appeal holding that...

Deposited TDS Can’t Continue as Principal Liability: ITAT Directs Fresh Verification of Interest and REC Registration Charges

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has set aside key aspects of...

Rejection of GST Refund Can’t Automatically Bar Deduction as Business Expenditure Under Income Tax Act: ITAT

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

Investigation Wing Information Alone Can’t Establish Failure to Disclose Material Facts: ITAT Quashes Reassessment Beyond 4 Years

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...

Latest articles

Are GST Orders Passed After the Hearing Date Invalid? GSTAT Split Sends Issue to Larger Bench

The Goods and Services Tax Appellate Tribunal (GSTAT), Prayagraj Bench, has delivered a split...

Quashing Income Tax Search Doesn’t Automatically Invalidate Case Transfer Or Subsequent Notices: Punjab & Haryana HC

The Punjab and Haryana High Court has held that setting aside an income tax...

Excess Excise Duty Must Be Adjusted Against Short-Payment When Final Assessment Is Based on Annual Costing: Rajasthan HC

The Rajasthan High Court has set aside a central excise duty demand of ₹1.16...

Berry Ratio Inapplicable To Jewellery Manufacturer: ITAT Deletes Rs. 105.06 Crore Transfer Pricing Adjustments 

The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has deleted transfer pricing...