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Income Tax Dept. Illegally Adjusted of Refunds Despite Stay on Demand: Karnataka HC Orders Refund 

The Karnataka High Court has held that the Income Tax Department acted illegally by...

Kerala HC Quashes Faceless Appeal Rejection for 88-Year-Old Taxpayer, Says Appeal Can’t Be Dismissed for Non-Appearance

The Kerala High Court has set aside an order of the National Faceless Appeal...

Income Tax Dept to Notify New ITR Forms by January; Income Tax Act, 2025 to Take Effect From April 2026

The Income Tax Department is set to issue revised Income Tax Return (ITR) forms...

SC Seeks Govt, ECI & CBDT Response on Plea Challenging Tax Exemption for Anonymous Political Donations Under ₹2,000

The Supreme Court issued notices to the Union government, the Election Commission of India...

Rs. 2.64 Crore Demonetisation Cash Deposit Addition Unjustified: Rajasthan High Court

The Rajasthan High Court (Jaipur Bench) has ruled that the ₹2.64 crore added to...

TCS Not Applicable on Compounding Fees Collected from Illegal Miners: Chhattisgarh High Court

The Chhattisgarh High Court has held that Tax Collected at Source (TCS) under Section...

Calcutta HC Refuses to Admit Income Tax Dept Appeal Challenging ITAT’s Deletion of Rs. 1.21-Crore Addition On Share Capital

The Calcutta High Court has dismissed an appeal filed by the Principal Commissioner of...

DRP Timeline Can’t Override Statutory Limitation: ITAT

The ITAT Hyderabad has held that Disputes Resolution Panel (DRP) timeline can’t override statutory...

SC Upholds 100% Disallowance of Rs. 20.06 Cr Bogus Purchases Under Section 69C

The Supreme Court has upheld the Bombay High Court’s ruling that confirmed 100% disallowance...

S. 68 Addition Not Justified When Alleged Bogus Loan Is Repaid: ITAT

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

Mandatory Use of Algorithm-Based Allocation In Faceless Income Tax Assessments: Rajasthan HC Quashes Reassessment Notice Issued by Jurisdictional AO 

The Rajasthan High Court, Jaipur Bench quashed the reassessment notice issued by Jurisdictional AO...

Latest articles

Proforma Invoice Valid for Availing CENVAT Credit if Service Tax Is Paid: CESTAT

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

Tax Demand Can’t Be Raised Through Computation Sheet When Assessment Accepts Returned Income Without Additions: ITAT

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

Import Duty Payable on Actual Reduced Price Despite Higher Price at Time of Import: CESTAT

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

Driver’s Statement on Plain Paper Has ‘Very Little Evidentiary Value’: Allahabad High Court Quashes GST Penalty Order 

The Allahabad High Court has set aside an appellate order upholding a penalty under...