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Assurances Not Evidence Of Nokia OY Using NIPL As Vehicle For Its Own Enterprise: Delhi High Court

The Delhi High Court has held that assurances were clearly not liable to be...

Reassessment Can’t Be Invoked On The Basis Of Search Action: Bombay High Court 

The Bombay High Court has held that the reassessment cannot be invoked on the...

New Income Tax Rules For Salaried Employees – TDS, Form 16, and Tax Slabs Updated 

The Central Board of Direct Taxes (CBDT) has issued Circular No. 03/2025, dated February...

Urban Ladder Home Décor Not Liable To TDS On Remittances To Facebook, Amazon Web-Services For Advertisements: Karnataka High Court

The Karnataka High Court has held that Urban Ladder Home Décor is not liable...

Direct Tax Weekly Flashback: 09 To 15 February 2025

Direct Tax Weekly Flashback for the period 9 to 15 February 2025.Supreme CourtSection 271AAA...

Bombay High Court Quashes Income Tax Assessments Orders Against Merged Reliance Units

The Bombay High Court has quashed the income tax assessments orders against merged Reliance...

Select Committee To Review Income Tax Bill 2025 Constituted [READ OFFICIAL NOTIFICATION]

In a significant legislative move, Lok Sabha Speaker Om Birla has constituted a 31-member...

Future Amendment Denying Depreciation On Goodwill Can’t Be The Basis For Reopening Assessment: Gujarat High Court

The Gujarat High Court has held that future amendment denying depreciation on goodwill cannot...

Section 148 Can’t Be Invoked For Change In Tax Rate For Future AYs: Bombay High Court

The Bombay High Court has held that merely because there is some change in...

Bombay High Court Quashes Re-Assessment Proceedings Against ICICI Bank

The Bombay High Court has quashed the reassessment proceedings against ICICI Bank.The bench of...

Karnataka High Court Quashes Penalty For Non-Deduction Of TDS On Professional Advice 

The Karnataka High Court has quashed the penalty for non-deduction of TDS on professional...

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : FEBRUARY 24, 2026

Here’s the Tax Law Daily Bulletin for February 24, 2026.GSTMERITS MUST PREVAIL OVER TECHNICAL...

S. 7 IBC Applications Must Be Admitted in Absence of DTD-Compliant Restructuring: Supreme Court

The Supreme Court has held that Section 7 IBC applications must be admitted in...

IBC Overrides Defunct Companies Act Scheme: SC Restores CIRP Against Corporate Debtor

The Supreme Court has held that a long-pending and procedurally non-compliant Scheme of Arrangement...

DGFT Exempts ITC HS Chapters 01–24 from Reduced RoDTEP Rates Notified on February 23

The Directorate General of Foreign Trade (DGFT) has issued a corrigendum clarifying that the...