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Depreciation Allowable on Entire IPL Franchise Cost, Not Merely Annual Installment: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal has held that depreciation on...

Income Tax Portal Introduces Dedicated Grievance Option for Reporting Corruption and Harassment

The Income Tax e-Filing Portal has introduced a dedicated mechanism for raising grievances involving...

Political Donation Deduction Can’t Be Disallowed Solely on Third-Party Statements Without Inquiry or Cross-Examination: ITAT

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

GOLD JEWELLERY KEPT AT HOME LIMIT | Diamond-Studded Jewellery Covered by CBDT’s Permissible Limit: ITAT

The Income Tax Appellate Tribunal (ITAT) has deleted an addition of approximately Rs. 3.86...

Cash Deposits From Sale of Mobile Recharge Coupons Can’t Be Treated as Unexplained Credits: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Hybrid Seed Production on Leased Farmland Qualifies as Agricultural Activity: ITAT Deletes Addition

The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, has held that income earned from...

S. 263 Revision Can’t Be Used for Fresh Fishing Inquiry When AO Has Already Examined Issues: ITAT Quashes PCIT Order

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

S. 271DA Penalty Notice Must Be Issued Within 6 Months of AO’s Reference; Karnataka High Court Quashes Time-Barred Cash Receipt Penalty

The Karnataka High Court has held that although penalty proceedings under Section 271DA of...

Delayed Compliance With Income Tax Notice Is Not Complete Failure: Penalty U/s 272A(1)(d) Dropped

The Income Tax Department has dropped penalty proceedings initiated under Section 272A(1)(d) of the...

NFAC Deletes Rs. 10K Penalty Against Senior Citizen Farmer For Failure to Respond to Online Tax Notice [READ ORDER]

The National Faceless Appeal Centre (NFAC) has deleted a penalty of ₹10,000 imposed under...

CIT(A) Can’t Dismiss Income Tax Appeal Merely for Non-Prosecution Without Deciding Merits: ITAT

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

Mere Suspicion From Transaction Report Can’t Justify Income Tax Reassessment Without Supporting Material: Gujarat High Court

The Gujarat High Court has quashed reassessment proceedings involving an alleged income escapement of...

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JURISHOUR | TAX LAW DAILY BULLETIN : 11 SEPTEMBER, 2026

Here’s the Tax Law Daily Bulletin for September 11, 2026.GSTMANUFACTURE OR TRADING STATUS IRRELEVANT FOR...

Front-of-Pack Food Warning Labels Must Be Clear, Prominent and Scientifically Justified: Supreme Court Asks FSSAI to Clarify Proposal

The Supreme Court has directed the Food Safety and Standards Authority of India (FSSAI)...

DRI | 3 Years’ Custody and Slow Trial Alone Can’t Override NDPS Bail Bar in Commercial Quantity Case: Delhi High Court

The Delhi High Court has refused regular bail to a 70-year-old man accused of...

Rs. 22.44 Crore Customs Duty Evasion Case Involving Alleged Routing of Chinese Steel Pipes Through Thailand: Mumbai Court Grants Bail

The Additional Chief Judicial Magistrate at Esplanade, Mumbai, has granted bail to a businessman...