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Delhi High Court Deletes Addition Worth Rs. 247 Crores On Account Of Disallowance Of Long Term Capital Gains Exemption

The Delhi High Court has upheld the decision of Income Tax Appellate Tribunal (ITAT)...

Interest On Funds Deposited In Short-Term Fixed Deposit Can Be Construed As Incidental To Acquisition Of Coal Mine : Delhi High Court

The Delhi High Court has held that interest on funds deposited in short-term fixed...

BREAKING | Bombay High Court Directs CBDT To Extend ITR E-Filing Deadline

The Bombay High Court has directed the Central Board of Direct Taxes (CBDT) to...

Liaison Office Of Western Union In India Doesn’t Constitute PE As Per India-US DTAA, Rules Delhi High Court

The Delhi High Court has held that the liaison office of Western Union in...

Vessel Hire Charges Not Royalty Under India-Singapore DTAA: ITAT

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that vessel hire...

Gain On Crypto Currency Sale Prior To AY 2022-23 Chargeable To Tax As Capital Gain : ITAT

The Jodhpur Bench of Income Tax Appellate Tribunal (ITAT) has held that the gain...

Appeal Has To Be Pending As On 22 July 2024 For Taxpayer To Opt For DTVSV Scheme : CBDT 

The Central Board of Direct Taxes (CBDT) while issuing the guidelines stated that appeal...

Delhi High Court Quashes S. 148 Notice Against Goibibo Group Citing Supreme Court’s Decision In Rajeev Bansal Case

In a major relief to Goibibo, the Delhi High Court, in a recent judgment,...

Word Chess Champion D Gukesh To Face Income Tax Bill Of Rs. 4.67 Crore : Know Indian’s Reaction

In a dramatic 14th and final match, Indian Grandmaster D Gukesh defeated reigning Chinese...

Chhattisgarh High Court Condones Delay Of 55 Days In Filing Appeal Before ITAT

The Chhattisgarh High Court has condoned the delay of 55 days in filing appeal...

AO Can’t Reassess Without Taking Into Consideration Incriminating Material In Respect Of Completed Assessments : Kerala High Court

The Kerala High Court has held that AO cannot reassess without taking into consideration...

Trade In Derivatives Not A Speculative Transaction : Kerala High Court Allows Business Loss Set-Off 

The Kerala High Court has held that a loss in the trade derivative would...

Latest articles

CERSAI-Registered Secured Creditor Has Priority Over MVAT Dues: Bombay High Court Quashes Tax Attachment on Auctioned Property

The Bombay High Court has held that a security interest registered with Central Registry...

VCES Declaration Of BIS Can’t Be Rejected When Pre- and Post-2012 Service Tax Regimes Involve Different ‘Issues’: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench, has allowed the...

Missing Original Invoices Or Address Can’t Justify Denial of CENVAT Credit: CESTAT

The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has allowed...

Customs Dept. Can’t Reject Declared Transaction Value Solely on DRI Alert Without Complying With R. 12: CESTAT

The Mumbai Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...