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Income Tax Chargeable On Trusteeship Relinquishment Compensation; Supreme Court Affirms

The Supreme Court while upholding the Kerala High Court ruling held that the income...

Madras High Court Condones Delay In Filing Appeal Subject To Depositing Of Rs. 1000 In Advocate Clerks Welfare Association

The Madras High Court has  condoned the delay in filing appeal subject to depositing...

Income Tax Dept. Empowered To Seek Interim Custody Of Currency Notes Seized: Kerala High Court

The Kerala High Court has held that the income tax department is empowered to...

Direct Tax Vivad Se Vishwas Scheme, 2024 To Be Effective From October 2024: CBDT

The Central Board of Direct Taxes (CBDT) has notified the Direct Tax Vivad Se...

Relief To Castrol India: Manufacturer Knows Best Value Of Products & Dept. To Accord Due Deference: Kerala High Court

In a major relief to Castrol India, the Kerala High Court has held that...

Financier Of Vehicle Entering Lease Agreement Is Liable To Pay Motor Vehicle Tax: Allahabad High Court

The Allahabad High Court has held that the financier of motor vehicle entering lease...

Distribution Revenue Received From US Broadcasting Company Towards Granting Of Distribution Rights Can’t Be Taxed As ‘Royalty’: ITAT

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

IIBI Bank To Pay Minimum Tax On Book Profits Even When Undergoing Voluntary Liquidation: ITAT

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

Payment Received For Providing Access To Computer Software To Member Firms Not Taxable As ‘Royalty’ : Supreme Court Dismisses Income Tax Dept. SLP

The Supreme Court has dismissed the Special Leave Petition (SLP) filed by the Commissioner...

Kerala High Court Upholds Income Tax Disallowance On Revenue Expenditure Incurred By Broker On IPO

The Kerala High Court has upheld the income tax disallowance on revenue expenditure incurred...

Income Tax Addition Can’t Be Made On Mere Admission Of Assessee Without Any Corroborative Evidence: Rajasthan High Court

The Rajasthan High Court has held that income tax addition cannot be made on...

CBDT Notifies Enhancement of Monetary Limits For Filing Appeals By Income Tax Dept. Before ITAT, High Courts and Supreme Court

The Central Board of Direct Taxes (CBDT) has notified the enhancement of Monetary limits...

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JURISHOUR | TAX LAW DAILY BULLETIN : MARCH 18, 2026

Here’s the Tax Law Daily Bulletin for March 18, 2026.GSTCONSOLIDATION OF SCNS COVERING MULTIPLE...

Mumbai Customs Busts Rs. 64.39 Crore Hydroponic Weed Racket at Airport; 4 Passengers Arrested Under NDPS Act

In a major anti-narcotics operation, officers of the Airport Commissionerate under Mumbai Customs Zone–III...

Attachment of Bank Accounts Despite ITAT Stay Illegal: Delhi HC Quashes Coercive Recovery

The Delhi High Court has set aside the attachment of bank accounts holding that...

No GST Recovery Without Following Law: Bombay High Court

The Bombay High Court directed the immediate restoration of GST registration of the assessee...