HomeDirect Tax

Direct Tax

Keep exploring

No Capital Gain Tax Payable On Property Transfer Between Spouses: ITAT

The Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that no capital gain...

Technology That Helps Income Tax Department Track Hidden Cash and Gold at Homes

The Income Tax Department in India has quietly built a powerful technology system to...

Punjab and Haryana HC grants Bail to IRS Official Allegedly Demanding Bribe In Rs. 45 Lakh Income Tax Settlement

The Punjab and Haryana High Court grants bail to IRS officials allegedly demanding bribes...

Income Tax Act 2025 To Be Applicable From April 2026

In a landmark development for India’s fiscal framework, the Income Tax Act 2025 has...

Vintage Car Sale Taxable as Capital Gain; Assessee Fails to Prove Personal Use: Bombay High Court

The Bombay High Court has held that the sale proceeds from a vintage Ford...

Section 87A Rebate on Short-Term Capital Gains Under New Tax Regime Allowed: ITAT

The Income Tax Appellate Tribunal (ITAT) Ahmedabad has allowed the rebate under Section 87A...

ITAT Pune Pulls Up CIT(A) for Skipping Legal Grounds, Remands Reassessment Dispute for Fresh Decision

The Income Tax Appellate Tribunal (ITAT), Pune Bench has set aside an order passed...

Non-Payment Of Advocate’s Fee By Income Tax Dept. | Calcutta HC Dismisses Delayed Dept. Appeal

The Calcutta High Court has come down sharply on the Income Tax Department for...

Time-Barred Reassessment Notice in MCX Trading Case Quashed: Calcutta High Court

The Calcutta High Court has a reassessment notice issued under Section 148 of the...

Co-op Bank’s Interest on Surplus Funds Qualifies for S. 80P Tax Deduction: Calcutta HC

The Calcutta High Court has held that the interest earned by the West Bengal...

Form No. 35 for CIT(A) Appeals : Filing Became More Detailed, Time-Consuming

The Income Tax Department has introduced significant changes to Form No. 35 — the...

Two Techies Face Prosecution for Repeated Bogus Tax Deduction Claims

The Income Tax Department in Hyderabad has launched prosecution proceedings against two city-based software...

Latest articles

Arbitration Act is a Complete Code: Legal Heirs Must Challenge Arbitral Award Under S. 34, Not Article 227: Supreme Court

The Supreme Court has held that legal representatives of a deceased party cannot bypass...

GST Arrest: Allahabad HC Allows Habeas Corpus Despite Its Earlier Bail Rejection & Pending SLP Before SC

In a striking development raising critical questions on the scope of constitutional remedies in...

Supreme Court Orders Back Wages from 1993, Slams Employer for Delayed Regularisation of Daily Wage Worker

The Supreme Court held that an employee illegally deprived of regularisation cannot be denied...

Essential Qualification Can’t Be Substituted by Higher Degree; Appointment Without Required Experience Invalid: Supreme Court

The Supreme Court of India has held that essential eligibility conditions prescribed in recruitment...