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Direct Tax
Factual Disputes Must Be Decided by AO: Delhi High Court Refuses to Quash Reassessment Notice
The Delhi High Court has declined to quash a reassessment notice issued under Section...
Direct Tax
Booking.com’s Commission Income Not Taxable in India in Absence of PE : ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that commission...
Direct Tax
Reassessment Based Solely on Audit Objection Invalid: Allahabad HC
The Allahabad High Court has quashed reassessment proceedings initiated against leather exporter for Assessment...
Direct Tax
Draft Income-tax Rules, 2026 Propose Mandatory CA Verification for Foreign Tax Credit Claims
The Central Board of Direct Taxes (CBDT), through the Draft Income-tax Rules, 2026, has...
Direct Tax
Finance Bill, 2026 Retrospective Clarifications Shape Judicial Course: SC Disposes of Batch of JAO–FAO Cases, Remits Matters to HC
The Supreme Court has disposed of a batch of cases relating to the jurisdictional...
Columns
NPO Merger Rules Amended: New Section 354A to Exempt Accreted Income Tax from April 2026
Under the Income-tax Act, 1961, Chapter XII-EB deals with the taxation of accreted income...
Direct Tax
Short-Term Loan Repaid in 2 Days Can’t Be Treated as Bogus Without Proper Enquiry: Delhi High Court
The Delhi High Court has dismissed an appeal filed by the Income Tax Department...
Direct Tax
Reassessment Notice Valid Even Without Supplying Entire Material: Delhi High Court
The Delhi High Court has dismissed a writ petition challenging reassessment proceedings initiated by...
Direct Tax
Wrong Deduction Claim Alone Doesn’t Attract Penalty If MAT Tax Is Paid: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that merely...
Direct Tax
Assessment Order Invalid if Passed by Officer Lacking Pecuniary Jurisdiction: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed an assessment...
Direct Tax
Advance Tax Paid on Due Date via Net Banking Can’t Attract Interest for System Delay: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that interest...
Direct Tax
Penalty for Non-Disclosure of Foreign Assets Is Not Automatic Under Black Money Act: ITAT
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that penalty...
Latest articles
Indirect Taxes
R. 6(3) Option Can’t Be Forced on Taxpayer; CESTAT Quashes Rs. 12.36 Crore CENVAT Credit Demand
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...
Indirect Taxes
CESTAT Quashes ₹2.31 Crore Service Tax Demand on Legal Services
The Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New...
GST
ICAI Releases Revised Handbook on Finalisation of Accounts with GST Perspective [DOWNLOAD NOW]
The Institute of Chartered Accountants of India (ICAI) has released the revised edition of...
Direct Tax
Supreme Court Resolves Reassessment Jurisdiction Dispute: Clarifies Role of Jurisdictional and Faceless Assessing Officers Under Income Tax Law
The Supreme Court has settled the long-standing controversy over whether reassessment notices and orders...