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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...

Unregistered Banakhat Alone Not Sufficient To Prove Timely Property Purchase: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has restored to the...

Mere Absence Of Complete Vouchers Can’t Justify S. 145(3) Addition: ITAT Deletes Ad-Hoc Disallowance On Transportation Expenses

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

Multiplex Lease Income Taxable as Business Income, Not House Property Income: ITAT 

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

Capital Gains Taxability Must Follow Actual Date Of Property Transfer, Not Mere Sale Deed Registration Date: ITAT

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

Mere Error of Judgment by AO Can’t Invite Disciplinary Action Without Proof of Mala Fides: Rajasthan High Court

The Rajasthan High Court has held that mere error of judgment by the Assessing...

Karnataka High Court Quashes Ex-Parte Service Tax Demand Based on CBDT Inputs

The Karnataka High Court has set aside an ex-parte service tax adjudication order passed...

ITAT Delhi Encourages Virtual Hearings on Fridays, Seeks Reduced Physical Appearance

The Income Tax Appellate Tribunal (ITAT), Delhi Benches, has issued a notice adopting a...

Delhi HC Stays Benami Proceedings, Questions Foundational Material for Assumption of Jurisdiction U/s 24(1)

The Delhi High Court stayed further proceedings initiated under the Prohibition of Benami Property...

IBC Overrides Income Tax Act, But Dept. Can Determine Dues During Liquidation Proceedings: ITAT

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

Opening Loan Balances Of Unsecured Loans Can’t Be Taxed U/s 68: ITAT

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

Entire Sales Receipts Can’t Be Treated as Unexplained Income: ITAT Restricts Rs. 11.52 Crore Addition on Cash Deposits

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has granted significant relief...

Latest articles

Digital Cinema Projectors Leased to Theatres Can’t Be Assessed on MRP Basis; CESTAT Allows Amendment of Bills of Entry

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench has held that...

TRACES Portal Yet to Enable FY 2026-27 Challan Corrections Under Income Tax Act, 2025; Deductors Must Use Old TRACES System

The transition from the Income-tax Act, 1961 to the new Income Tax Act, 2025...

JURISHOUR | TAX LAW DAILY BULLETIN : 17 June, 2026

Here’s the Tax Law Daily Bulletin for June 17, 2026.GSTNO RIGHT TO HAVE ADVOCATE...