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Non-Examination of Head Office Expense Allocation in S. 80-IA Claims Makes Assessment Erroneous: Calcutta HC

The Calcutta High Court has upheld the Principal Commissioner of Income Tax's decision to...

Bogus Share Transaction Case Exempted from CBDT Low-Tax-Effect Circular: Delhi HC

The Delhi High Court has held that bogus share transaction cases involving allegations of...

Reply Period U/S 148A Excluded from Limitation Calculation: Delhi HC

The Delhi High Court has held that the reply period under section 148A is...

S. 54F Exemption on All 50 Flats Received Under JDA: ITAT 

In a significant ruling on capital gains taxation arising from Joint Development Agreements (JDAs),...

Reassessment Notice Beyond Limitation Invalid Even After Excluding Assessee’s Reply Period: Delhi HC

The Delhi High Court has quashed a reassessment notice issued under Section 148, holding...

Can Income Tax Dept. Reopen Assessment Through Rectification After Granting Immunity U/S 270AA? ITAT Says No

The Income Tax Act, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT)...

LTCG Deduction Be Denied Merely Because Sale Deed Was Registered After 2 Years? ITAT Says No

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

S. 54 Deduction Can’t Be Restricted Merely Because New House Is Purchased Jointly With Spouse: ITAT

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

Survey Disclosure Can’t Be Reclassified as Se. 69A Income Through Rectification U/s 154: ITAT

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

Recorded Loan Transactions Can’t Be Treated as Unexplained Money: ITAT 

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Income Tax Revision Against Charitable Trust Over Rs. 6 Crore Utilisation of Accumulated Funds Quashed: Bombay High Court 

The Bombay High Court has dismissed an appeal filed by the Income Tax Department...

Non-Appearance Of Directors Alone Can’t Justify Treating Share Capital As Bogus: ITAT

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

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DGGI Meerut | Allahabad HC Strikes Down GST Arrest Citing Absence of Transit Remand and Arrest Memo Defects

The Allahabad High Court has declared the arrest and detention of the accused by...

Owners Entitled to Current Gold Value Where Customs Sold Seized Gold Without Prior Notice: Madras HC

The Madras High Court has held that the owners are entitled to current gold...

JURISHOUR | TAX LAW DAILY BULLETIN : 16 June, 2026

Here’s the Tax Law Daily Bulletin for June 16, 2026.GSTUNDER-DECLARATION OF TURNOVER JUSTIFIES ACTION...

GST | ‘System Generated’ SCN Without Officer Details Invalid: Allahabad HC

The Allahabad High Court has quashed a GST registration cancellation order and the underlying...