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Prima Facie Case Sufficient for Prosecution Under Income Tax Act; Rajasthan High Court Refuses to Quash Cognizance Order

The Rajasthan High Court has held that at the stage of taking cognizance in...

Bombay HC Directs Filing of CA-Certified Affidavit to Prove No Unjust Enrichment in Tax Dispute Involving Flat Buyers

The Bombay High Court has directed the petitioner to substantiate its claim that no...

Income Tax Dept. Introduces Form 121, Replaces Forms 15G and 15H

The Income Tax Department has introduced a new unified declaration form—Form No. 121—aimed at...

Dispose High-Pitched Assessment Amid Coercive Recovery Actions Within 2 Months: Delhi High Court Orders Priority Hearing Before Faceless CIT(A)

The Delhi High Court has directed priority hearing and disposal of appeal before Faceless...

LTCG Addition Unsustainable in Absence of Direct Evidence Linking Assessee to Penny Stock Manipulation: ITAT

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has delivered a significant ruling in...

HCL Infosystems Wins: ITAT Quashes Assessment on Non-Existent Entity

In a major relief to HCL Infosystems, the Income Tax Appellate Tribunal (ITAT), Delhi...

No Incriminating Material Seized During Search Invalidates S. 153C Assessment: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an...

ITAT Upholds Deletion of Addition on Agricultural Income Citing Lack of Contrary Evidence

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has dismissed the appeal filed by...

Delay in Filing Revised ITR Condoned Citing Cancer Treatment: Bombay High Court

The Bombay High Court has condoned the delay in filing a revised income tax...

Dhobi Receives Rs. 598 Crore Tax Notice Over Alleged Diamond Trade, Claims Identity Misuse

In a startling case of suspected identity fraud, a roadside washerman in Ajmer has...

Revision Invalid Where AO Conducted Inquiry, Adopted Plausible View on Demonetisation Cash Deposits: ITAT

The Income Tax Appellate Tribunal (ITAT), Surat Bench, has set aside revisionary orders passed...

Delay in Passing Assessment Order Bars Tax Demand; Mandates Acceptance of ITR: Bombay High Court

The Bombay High Court has held that failure of the Income Tax Department to...

Latest articles

Interest Rate on Delayed Foreign-Currency Receivables Is Question of Fact: Karnataka HC

The Karnataka High Court has dismissed the Income Tax Department’s appeal against a tribunal...

GST Appeal Filed Nearly 16 Months After Court’s Order Can’t Be Entertained Beyond Limitation: Madras HC

The Madurai Bench of the Madras High Court has declined to interfere with the...

GST Personal Hearing Before Reply Deadline Violates Natural Justice: Uttarakhand HC

The Uttarakhand High Court has set aside a GST assessment order raising a demand...

GST ITC Mismatch Demand Can’t Be Confirmed Without Invoice Verification: Calcutta HC

The Calcutta High Court has set aside an ex parte GST adjudication order and...