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Foreign Tax Credit Can’t Be Denied for Delay in Filing Form No. 67: Delhi High Court

The Delhi High Court has held that the Foreign Tax Credit (FTC) cannot be...

IBC Can’t Override Benami Attachment: Supreme Court Dismisses Liquidators’ Appeals with Rs. 5 Lakh Costs

The Supreme Court has ruled that attachment and confiscation proceedings initiated under the Prohibition...

ITAT Quashes Rs. 31.65 Lakh Penalty for Defective Notice U/s 271(1)(c)

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a penalty...

S. 263 Revision Invalid Where AO Took Plausible View on Unlisted Share Gains as Capital Gains: Calcutta High Court

The Calcutta High Court has held that revision under Section 263 of the Income...

NIL TDS Certificate Must Be Issued Where Airline Income Is DTAA-Exempt: Delhi HC Grants Relief To British Airways

The Delhi High Court has set aside an order of the Income Tax Department...

No TDS on Matching Solutions as FIS under India–US DTAA: Delhi High Court Orders NIL Withholding 

The Delhi High Court has directed the Income Tax Department to issue a NIL...

CBDT Clarifies LTC, Medical Reimbursement & Sections 80DD/80DDB Not Available Under New Tax Regime u/s 115BAC

In a significant clarification impacting salaried taxpayers and government departments, the Central Board of...

Can 30-Month Delay in Filing ITR Can Be Condoned Under Income Tax Act? Supreme Court to Decide

The Supreme Court to examine whether the Income Tax Department has the authority to...

Probe into Hyderabad Biryani Joints Uncovers Rs. 70,000 Crore Income Tax Evasion Across India

An investigation initiated in Hyderabad has snowballed into one of the largest alleged tax...

Assessment Quashed for Failure to Follow Mandatory S. 148B Procedure in Search-Based Additions: ITAT

The Chandigarh Bench of Income Tax Appellate Tribunal has quashed the assessment framed against...

Denial of Effective Hearing During Insolvency: Delhi HC Quashes Rs. 232 Crore Ex Parte Income Tax Assessment 

The Delhi High Court has set aside an ex parte income tax assessment order...

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : 28 May, 2026

Here’s the Tax Law Daily Bulletin for May 28, 2026.GSTPUNJAB & HARYANA HIGH COURT...

Liquidation After Successful Resolution Applicant Backtracks From CoC-Approved RP: Supreme Court 

The Supreme Court has held that a Successful Resolution Applicant (SRA) cannot withdraw from...

S. 138 NI Act Proceedings Continue Despite Personal Insolvency Moratorium Under IBC: Supreme Court

The Supreme Court has held that proceedings under Section 138 of the Negotiable Instruments...

No TIP, Doubtful Identification: Supreme Court Acquits Convicts In Rape-Murder Case

The Supreme Court has acquitted two men who had been sentenced to death in...