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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...

Bombay High Court Asks ICAI On Action Against CAs Without COP Engaged in Misconduct

The Bombay High Court has asked the Institute of Chartered Accountants Of India (ICAI)...

Latest articles

Jurishour | Tax Law Daily Bulletin : April 24, 2026

Here’s the Tax Law Daily Bulletin for April 24, 2026.GSTSERVICE OF GST SCN &...

Suppression of Material Facts & Non-Issuance of Citations Vitiates Grant of Will: Supreme Court Restores Revocation of Probate

The Supreme Court has held that suppression of material facts and failure to implement...

Annual Cash Limits On Saving Account Transactions Introduced Under Income Tax Rules 2026

With the rollout of the Income Tax Rules, 2026 under the revamped Income Tax...

Supreme Court Strengthens Rights of Disabled Prisoners, Directs High-Powered Committee Oversight for Nationwide Compliance

The Supreme Court has issued comprehensive directions to safeguard the rights of prisoners with...