Keep exploring
Direct Tax
ITAT Clubs 26 Black Money Act Appeals for Joint Hearing to Settle Common Jurisdictional Issues
The Income Tax Appellate Tribunal (ITAT), Bangalore Benches, has ordered the consolidation of 26...
Direct Tax
ITAT Can’t Recall Final Order U/s 254(2) by Re-hearing Case on Merits: Gujarat High Court
The Gujarat High Court has reaffirmed the limited scope of the Income Tax Appellate...
Direct Tax
Assessment Proceedings Abate if Order Giving Effect Is Not Passed Within Limitation U/s 153: Bombay High Court
The Bombay High Court has held that where the Income Tax Department fails to...
Direct Tax
Reassessment Can’t Extend Limitation for Unrelated Issues: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a revision...
Direct Tax
Unregistered Agreement to Sell Can’t Deny S. 50C Relief if Sale Consideration Was Received Through Banking Channels: ITAT Chennai
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax
Interest Earned from Investments in Cooperative Banks Eligible for S. 80P(2)(d) Deduction: ITAT
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has held that a...
Direct Tax
100+ Reassessment Writ Petitions Post Hexaware Ruling Restored: Bombay High Court
The Bombay High Court has directed the restoration of over a hundred writ petitions...
Direct Tax
Income Tax Dept. Can’t Sustain ₹6.75 Crore S. 68 Addition Without Rebutting Assessee’s Evidence: Calcutta HC
The Calcutta High Court has dismissed an appeal filed by the Income Tax Department...
Direct Tax
AO Can’t Reject DCF Share Valuation and Substitute NAV Method for Section 56(2)(viib) Addition: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax
Marriage Gifts and Household Cash Retention Can’t Be Rejected on Mere Suspicion: ITAT Deletes Demonetisation Addition
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that cash...
Direct Tax
ITAT Restores Dawoodi Bohra Jamat’s 12AB Registration Matter
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an...
Direct Tax
Donation to Political Party Was Part of Accommodation Entry Scheme: ITAT Upholds Denial of S. 80GGC Deduction
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the disallowance...
Latest articles
Company & PMLA
Company Can’t Deny Rs. 2.28 Crore Deposit Repayment Because Lender Is Not a Shareholder: NCLT
The National Company Law Tribunal (NCLT), Allahabad Bench at Prayagraj, has held that a...
Direct Tax
S. 153B Limitation to Be Computed After Excluding Court-Stay Period Before Applying TOLA: Madras High Court
The Madras High Court has held that the deadline for completing search assessments must...
GST
Rs. 3.15 Crore GST Refund Can Be Withheld During Fraud Probe Despite Favourable Appeal Order: Delhi High Court
The Delhi High Court has upheld the withholding of a ₹3.15 crore GST refund,...
Direct Tax
Tax Appeals Restored To Delhi ITAT Despite Lucknow Jurisdiction: Delhi HC
The Delhi High Court has restored a batch of income tax appeals involving Sahara...