HomeDirect Tax

Direct Tax

Keep exploring

Rs. 32 Crore ‘Undisclosed Income’ Addition Quashed Citing Lack of Evidence: ITAT Grants Relief to CM’s Wife

In a major relief to the Sunetra Ajit Pawar, wife of a Chief Minister,...

No “Make Available” of Technical Knowledge: Supreme Court Upholds Non-Taxability of Receipts Under India–US DTAA

The Supreme Court of India has dismissed a Special Leave Petition filed by the...

ITAT Pune Deletes Rs. 99 Cr TP Adjustments in Bosch Case, Upholds TNMM

The Income Tax Appellate Tribunal (ITAT), Pune Bench by deleting substantial transfer pricing (TP)...

Strict Approach on Condonation: Calcutta High Court Dismisses Income Tax Appeal of Titagarh Wagons Over 810-Day Delay

The Calcutta High Court dismissed an income tax appeal filed by the Principal Commissioner...

Electricity Duty Must Be Included in S. 80-IA Valuation: Calcutta High Court

The Calcutta High Court has held that electricity duty must be included in Section...

TDS Refund to PNB on SARFAESI Property Sales Upheld: Delhi HC

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

No Justification for Exceptional Category Under CBDT Circular: Calcutta High Court Dismisses Income Tax Appeal for Low Tax Effect

The Calcutta High Court dismissed an appeal filed by the Principal Commissioner of Income...

Bogus Purchases Dispute Not a ‘Substantial Question of Law’: Delhi High Court Dismisses Income Tax Dept. Appeal on Low Tax Effect

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

Re-Assessment Proceedings Based On Searched Material Valid Even if Search Against Third Party is Stayed: Delhi HC

The Delhi High Court has held that reassessment proceedings initiated on the basis of...

Limited Scrutiny Can’t Be Expanded Without Approval: ITAT Quashes Rs. 3.47 Cr Addition U/S 68

The Income Tax Appellate Tribunal (ITAT) has quashed an assessment order wherein the Assessing...

Income Tax Assessment Quashed for Denial of Video Hearing: Gujarat High Court Upholds Natural Justice under Faceless Regime

The Gujarat High Court has quashed an assessment order passed without granting the assessee...

ITAT Quashes Reassessment for AY 2017–18 Over Invalid Approval U/s 151(ii), Deletes Rs. 10.09 Lakh Addition

The Income Tax Appellate Tribunal (ITAT), Pune Bench, has quashed reassessment proceedings initiated against...

Latest articles

GST Payable Under Reverse Charge On Road Restoration Fees For Gas Pipelines: GSTAT

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

Electricity Subsidy Reducing Manufacturing Costs Is Taxable Revenue Receipt: Supreme Court

The Supreme Court has held that an electricity subsidy granted to reduce power costs...

No GST On Transfer Of GIDC Leasehold Rights: GSTAT

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

GST Return Mismatch Alone Can’t Justify ITC Denial; CA Certificate Can Be Considered At Appeal Stage: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), State Bench at Lucknow, has held...