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Government Expands Tax Exemptions for Non-Residents in IFSC under Section 10(4E) of Income Tax Act

In a significant move to enhance India's attractiveness as a global financial hub, the...

Finance Bill 2025 Expands ‘Resultant Fund’ Definition, Eases Conditions for Retail Schemes & ETFs

The Government of India has proposed an amendment to Section 10(4D) of the Income-tax...

Finance Bill 2025 Amends Section 10(10D) To Exempt Life Insurance Proceeds From IFSC Intermediaries Without Premium Cap

The Finance Bill, 2025 has introduced a significant amendment to Section 10(10D) of the...

Finance Bill 2025: Presumptive Tax Provisions Under The New Section 44BBD

The Indian government has introduced an amendment to the proposed Section 44BBD of the...

Finance Bill 2025: Tax Treatment Of Offshore Fund Managers In India

In a significant move aimed at reducing compliance burdens and facilitating the relocation of...

ITAT Quashes Assessment and Penalty Orders Passed During IBC Admission Period

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has assessment and penalty orders...

Step-Siblings Are Relatives, Gift Not Taxable Under Section 56(2) of Income Tax Act: ITAT

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

Income Tax Demands After Resolution Plan Approval Is Invalid: Supreme Court

The Supreme Court has declared the income tax demands raised after the approval of...

E-Assessment | JAO Lacks Jurisdiction To Issue Income Tax Reassessment Notices: Rajasthan High Court

The Rajasthan High Court has held that the Jurisdictional Assessing Officer (JAO) lacks jurisdiction...

Income Tax Dept. Bypasses Bombay High Court Ruling In Hexaware Case, Proceeds with Independent Assessment 

The Income Tax Department has disregarded the Bombay High Court's ruling in the Hexaware...

Direct Tax Weekly Flashback: 16 March to 22 March 2025

Direct Tax Weekly Flashback for the period 16 March to 22 March 2025.Delhi High...

Bombay High Court Highlights Jurisdictional Conditions for Reopening Tax Cases; Distinguishes Previous Ruling on Sales Promotion Expenses

The Bombay High Court has highlighted jurisdictional conditions for reopening tax cases and distinguished...

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : MARCH 18, 2026

Here’s the Tax Law Daily Bulletin for March 18, 2026.GSTCONSOLIDATION OF SCNS COVERING MULTIPLE...

Mumbai Customs Busts Rs. 64.39 Crore Hydroponic Weed Racket at Airport; 4 Passengers Arrested Under NDPS Act

In a major anti-narcotics operation, officers of the Airport Commissionerate under Mumbai Customs Zone–III...

Attachment of Bank Accounts Despite ITAT Stay Illegal: Delhi HC Quashes Coercive Recovery

The Delhi High Court has set aside the attachment of bank accounts holding that...

No GST Recovery Without Following Law: Bombay High Court

The Bombay High Court directed the immediate restoration of GST registration of the assessee...