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Rs. 1,505.36 Crore Depreciation Claim Allowed on Goodwill, Brands and Distribution Network Acquired Through Demerger: ITAT

The Income Tax Appellate Tribunal (ITAT), Kolkata, has allowed Tata Consumer Products Limited’s depreciation...

3% Transfer Pricing Tolerance Applies Even With One Comparable; ₹11.45 Crore Tax Adjustment Deleted: ITAT

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

Rs. 25,000 Crore Suspected Restaurant Tax Evasion: Swiggy, Zomato Data Flags 8,000 Non-Filers

The Income Tax Department has reportedly identified suspected tax evasion exceeding ₹25,000 crore in...

False Statements About Foreign Investments Can Lead To Tax Prosecution Without Quantifying Tax Evasion: Karnataka HC

The Karnataka High Court has held that prosecution for allegedly making false statements about...

Chit Fund Companies Can Claim Tax Deduction For Unrecovered Payments Made To Cover Subscriber Defaults: Madras HC

The Madras High Court has upheld income tax relief granted to a chit fund...

JURISHOUR | TAX LAW DAILY BULLETIN : 10 OCTOBER, 2026

Here’s the Tax Law Daily Bulletin for October 10, 2026.GSTGST APPEAL DEADLINE DOESN’T START...

Rs. 1 Crore Tax Refund Denied: Firm’s Payment Of Partner’s Dues Held Voluntary, Change In Constitution Not Disclosed: Delhi HC

The Delhi High Court has dismissed a partnership firm’s plea for refund of ₹1...

₹65.52 Lakh Tax Deduction Can’t Be Denied Merely For Wrong Income Column In Return: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai, has held that a co-operative society’s deduction...

Income Tax Appeal Dismissed Without Merits Decision Restored Despite Repeated Non-Compliance: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has restored an income...

Firm Can’t Be Taxed for Partner’s Capital Merely Over Doubts About ‘Source of Source’: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai, has held that a partnership firm cannot...

Surrender of Bogus Expenses After Tax Survey Doesn’t Bar Misreporting Penalty: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai, has upheld a penalty of ₹2.05 crore...

Surcharge And Cess Can’t Raise Tax Above India–France Treaty Ceiling: ITAT

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

Latest articles

CENVAT Credit Eligibility Bars Extended Limitation, But Doesn’t Wipe Out Reverse Charge Service Tax Liability: CESTAT

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

Offshore Services Claim Needs Evidence; Service Tax Paid by ONGC Must Be Verified: CESTAT 

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has directed fresh...

Share Valuation Can’t Be Rejected Without Expert Opinion Merely Because Projections Differ From Actual Results: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai, has deleted a share premium addition under...

ED Arrests Advocate Over Alleged Bribes to Unfreeze Accounts in Rs. 28,000 Crore Cyber Fraud Network Probe

The Enforcement Directorate (ED) has arrested an advocate for allegedly helping a nationwide cyber...