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Rs. 302 Crore Income Tax Addition Quashed for Violation of Natural Justice Over Undisclosed CBEC Import Data: Bombay High Court 

The Bombay High Court has set aside an income tax assessment order raising an...

Income Tax Dept. Can Inspect Seized Jewellery Without Disclosing Reasons During S. 263 Proceedings: Calcutta High Court 

The Calcutta High Court has ruled that the Income Tax Department is not required...

Reassessment Void for Want of Mandatory Approval Under Section 151 of Income Tax Act: Calcutta HC

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

Assessment Void Where Notice Issued by Officer Lacking Pecuniary Jurisdiction: Calcutta High Court

The Calcutta High Court has held that assessment void where notice issued by officers...

DRP Assessments Invalid If Passed Beyond Limitation Under Section 153: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed multiple final...

Mandatory Faceless Regime Under S. 151A: Rajasthan HC Quashes Income Tax Reassessment Notice Issued by JAO 

The Jaipur Bench of Rajasthan High Court has once again reinforced the primacy of...

DRP Route Inapplicable Where TPO Proposes No TP Adjustment: ITAT 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the final...

Supreme Court to Examine Conflicting Views on Deductibility of Delayed Employees’ PF & ESI Contributions

The Supreme Court issued notice in a Special Leave Petition filed by Woodland (Aero...

Delhi High Court Pulls Up ITAT for Dismissing Transferred Appeals, Restores Over 200 Sahara Group Matters to Delhi Bench

In a strong rebuke to the Income Tax Appellate Tribunal (ITAT), the Delhi High...

Income Tax Dues Take Priority Over Post-Notice Mortgage Created Without TRO Permission: Madras HC

The Madras High Court has held that a mortgage created after service of a...

FMV of Ownership Flat Received on Surrender of Tenancy Rights to Be Treated as Cost of Acquisition for Capital Gains: ITAT

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

Mere Marketing Support Not ‘Fees for Included Services’, but Excessive Claims Need Proof: ITAT Caps Allowable Marketing Expenses at 20%

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed cross-appeals...

Latest articles

Mere ‘Kitting’ of Imported Photocopier Modules Is Not ‘Manufacture’: Supreme Court Quashes Excise Duty Demand

The Supreme Court has held that merely grouping, plugging, pinning and configuring imported photocopier...

Proforma Invoice Valid for Availing CENVAT Credit if Service Tax Is Paid: CESTAT

The Bangalore Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...

Tax Demand Can’t Be Raised Through Computation Sheet When Assessment Accepts Returned Income Without Additions: ITAT

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

Import Duty Payable on Actual Reduced Price Despite Higher Price at Time of Import: CESTAT

The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...