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Public Holidays Excluded From Seven Days Time Period To File To Reassessment Notice Reply : Delhi High Court

The Delhi High Court has held that public holidays are excluded from the seven...

Faceless Assessment Officer And Jurisdictional Assessment Officer Have Concurrent Jurisdiction In Issuance Of Reassessment Notice: Madras High Court

The Madras High Court has held that the faceless assessment officer and jurisdictional assessment...

No provision Under DTVSV Act Empowering Designated Authority To Reopen Concluded Settlement : Delhi High Court

The Delhi High Court has held that there is no provision under Direct Tax...

Co-Accused May Apply Separately For Compounding Of Offences U/s 276B and 278B Of Income Tax Act, 1961: Delhi High Court

The Delhi High Court has held that co-accused may apply separately for compounding of...

Bank Of India Entitled To Income Tax Deduction to BPI On Purchase Of HTM Securities: Bombay High Court Disapproves AO’s Non-Compliance To High Court’s...

The Bombay High Court has disapproved the AO’s non-compliance to high court’s decisions and...

Not Accepting Revised Computation Of Income Citing Delay In Filing Form 9A Leads To Undue Financial Burden To Taxpayer: Bombay High Court 

The Bombay High Court has held that non-acceptance of revised computation of income by...

Enhanced Tax Rate Of 60% U/S 115BBE Not Applicable To Cash Deposits During Demonetisation: ITAT

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the enhanced...

MCX Investment Protection Fund Eligible For Income Tax Exemption : ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that Multi Commodity...

ITAT Dismisses Department’s Appeal Against NFAC’s Order Citing Low Tax Effect

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has dismissed the income tax...

Unethical Distribution Of Freebie By Pharma Company Abbvie Healthcare : Apex Committee For Pharma Marketing Practices Loops CBDT 

The Apex Committee For Pharma Marketing Practices has looped Central Board of Direct Taxes...

Income Tax Settlement Commission Abolished; Retrospective Legislation Can’t Affect Vested Rights Taxpayer, Says Calcutta High Court

The Calcutta High Court has held that retrospective legislation cannot affect vested rights taxpayers.The...

Latest articles

CGST Commissioner Relied On AI Generated Case Laws Without Reading Actual Judgements: Gujarat HC To Lay Down Guidelines 

The Gujarat High Court has stated that there is a need to lay down...

18% GST On Paper Bags: AAR

The Rajasthan Authority of Advance Ruling (AAR) has ruled that  paper bags are appropriately...

No Separate GST Registration Needed in Rajasthan Solely Due to Place of Supply: AAR

The Rajasthan Authority of Advance Ruling (AAR) has held that the GST registration is...

Under This Scheme You Will Get 90% Relief on Additional Fees for Delayed Annual Filings: MCA

The Ministry of Corporate Affairs (MCA) has introduced the Companies Compliance Facilitation Scheme, 2026...