HomeDirect Tax

Direct Tax

Keep exploring

AO Must Examine Allocation of Head Office Expenses Before Granting S. 80-IA Deduction: Calcutta High Court Upholds S. 263 Revision

The Calcutta High Court has upheld the exercise of revisionary jurisdiction under Section 263...

Former ITAT Member in Rs. 30 Lakh Bribery Case Denied Bail: Rajasthan HC

The Rajasthan High Court has rejected the second bail application filed by former Income...

CIT(A) Not Obligated To Obtain AO’s Remand Report When Issue Already Settled By Jurisdictional High Court: ITAT

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

Gross Interest Can’t Be Taxed In Hands Of Mere Facilitator: ITAT Restricts Addition To TDS Amount

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

S. 68 First Proviso Applies Only To Companies, Not Partnership Firms: ITAT 

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

AOP Profit Share Not Taxable as Revenue Receipt: Supreme Court

The Supreme Court has ruled that reassessment proceedings initiated without fresh tangible material and...

“Payment to Self” Can’t Be Taxed as FTS: ITAT Deletes Addition on Reimbursement Paid by Indian PE to Australian Head Office

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

Difference Between Customs Assessable Value And Invoice Value Can’t Be Taxed As Unexplained Expenditure U/S 69C: ITAT

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

ITAT Order Annulling Time-Barred Assessment Where Only Tax Rate, Not Income, Was Altered Upheld: Delhi HC

The Delhi High Court has upheld the ITAT order annulling time-barred assessment where only...

ITAT Delivers Partial Relief to Actor Sonu Sood in Multi-Year Tax Dispute

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has issued a consolidated...

Registered Sale Value, Stamp Duty Valuation Not Conclusive Proof Of Cash Payment In Property Deal: ITAT  

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

Latest articles

Higher Exam Marks Can’t Cure Missing Essential Qualification: Supreme Court

The Supreme Court has held that higher marks in a recruitment examination cannot compensate...

PMLA | Failure To Expressly Address Every Written Submission Doesn’t Violate Natural Justice If Fair Hearing Is Given: Karnataka HC

The Karnataka High Court has dismissed two writ petitions filed by JSW Steel Limited...

ED Can Continue Money Laundering Probe After Filing Complaint Without Prior Court Permission Before Charges Are Framed: Calcutta High Court

The Calcutta High Court has dismissed a petition challenging further investigation by the Enforcement...

No Pre-Deposit For Disputed GST Interest-Only Appeal; Customer’s Non-Payment Can’t Stop Interest Liability: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru Bench, has held that an...