HomeDirect Tax

Direct Tax

Keep exploring

ITAT Quashes Income Tax Reassessment Carried On Old PAN 

The Pune Bench of Income Tax Appellate Tribunal (ITAT) has quashed the income tax...

Fund Deployment By Indian Broadcasting Foundation In BARC Is Statutory Obligation And Not ‘Investment’: Delhi High Court Allows Income Tax Exemption

The Delhi High Court while allowing the Income Tax Exemption to Indian Broadcasting Foundation...

AO Considered Promotional Expenses In Original Proceedings: Bombay High Court Quashes Reassessment Against Pharmaceutical Company

The Bombay High Court has quashed the income tax reassessment proceedings against a Pharmaceutical...

CBDT Seeks Stakeholders’ Input For Drafting Income-tax Rules

The Central Board of Direct Taxes (CBDT) has sought the stakeholders' input for drafting...

CBDT Notifies Additional Chief Secretary (IT), Delhi For Income Tax Data Sharing To Identify Beneficiaries Of Welfare Schemes

The Central Board of Direct Taxes (CBDT) has notified the Additional Chief Secretary (IT),...

Sikkim High Court Upholds Constitutional Validity of ‘Sikkimese’ Definition Under Income Tax Act

The Sikkim High Court has upheld the constitutional validity of 'Sikkimese' definition defined for...

‘Beyond Reasonable Doubt’ Strictly For Penal Laws; ‘Reason to Believe’ In Tax Matters: Delhi High Court

The Delhi High Court has held that the concept of “proving beyond reasonable doubt”...

Capital Loss Under India-Ireland DTAA Can’t Be Set Off Against STCG On Sale Of Entitlement Rights: ITAT

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

Genuineness Of Transactions Established: ITAT Deletes Income Tax Additions On Bogus Transaction 

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the income tax...

Search And Seizure Case Involving Huge Unaccounted Income: Bombay High Court Refuses To Quash S. 153C Assessment Order

The Bombay High Court has refused to quash the assessment order passed under Section...

Mere Suspicion Insufficient, No Evidence of Value Addition in Solar Goods by Assessee: Delhi High Court

The Delhi High Court has held that the department had failed to place on...

Low Deterrence in Law Fuels Habitual Economic Offenders, Must Be Stopped: Bombay High Court

The Bombay High Court has held that the low deterrent effect of the law...

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...