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School To Pay Water-Tax And Sewerage-Tax Even If Exempted From Building Tax: Allahabad High Court

The Allahabad High Court has held that the School is liable to pay water-tax...

AO Not Certain About Allegation Of Accommodation Entries; Delhi High Court Quashes Income Tax Reassessment

The Delhi High Court has quashed the reassessment proceedings on the ground that the...

Mandatory Twin Conditions To Be Fulfilled For Transferring Cases From One AO To Another: Himachal Pradesh High Court

The Himachal Pradesh High Court has held that twin conditions to be complied with...

Reduction In Share Capital Of Subsidiary Company Is Transfer Of Asset Under Income Tax Act: Supreme Court

The Supreme Court has held that reduction in share capital of the subsidiary company...

AO’s Order Can’t Be Treated As Prejudicial To Interest Of Revenue When Permissible In Law: ITAT

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

Bombay High Court To Finally Dispose Of PIL Challenging Denial Of S. 87A Rebate For A.Y. 2024-25 Tomorrow

The Bombay High Court has adjourned the final disposal of PIL challenging denial of...

Bombay High Court Directs Income Tax Dept. Compute Tax At The Rate Of 100% And Not 125% In ‘Non-Search’ Case

The Bombay High Court has directed the income tax department to compute the tax...

Delhi High Court Quashes Reassessment Notice Issued To Dead Person

The Delhi High Court has quashed a reassessment notice issued to dead person.The bench...

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...

Latest articles

New Income Tax Act, 2025 to Take Effect from April 1, 2026, Introducing Simplified “Tax Year” System

India is set to usher in a major overhaul of its direct tax framework...

Unexplained 435-Day Delay Leads to Dismissal of Tax Revision Petition: Karnataka High Court

The Karnataka High Court has dismissed a Sales Tax Revision Petition, refusing to condone...

GSTAT Rajkot Bench Becomes Operational

The Goods and Services Tax Appellate Tribunal (GSTAT) has formally commenced operations of its...

2 Year Limitation Period Prescribed For Claiming IGST Refunds Is Mandatory: Karnataka High Court

The Karnataka High Court has held that the two-year limitation period prescribed under Section...