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ITAT Remands ₹58.69 Lakh Addition on Demonetisation Cash Deposits, Grants Fresh Opportunity Citing Matrimonial Dispute Impact

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has set aside additions...

ITAT Deletes CPC Adjustments on Fixed Asset Loss and S. 43B Disallowance

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has deleted adjustments made...

Non-Issuance of S. 143(2) Notice Not Fatal in Belated Return Cases: ITAT Upholds Deletion of Rs. 4.59 Cr Addition on Export Sales 

The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has upheld the deletion of an...

No Disallowance Without Nexus Between Borrowed Funds and Non-Business Use: ITAT Upholds Deletion of Rs. 10.87 Crore Additions

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has affirmed the deletion...

Direct Tax Collections Rise 5.12% to Rs. 23.40 Lakh Crore in FY 2025–26

India’s direct tax collections for the financial year 2025–26 recorded a steady growth, with...

Mere Disallowance of Claim Doesn’t Amount to Furnishing Inaccurate Particulars: ITAT Deletes Penalty

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has deleted penalty levied under Section...

Mere ‘Insight Portal’ Inputs Held Insufficient to Sustain Rs. 89.28 Lakh Addition: ITAT

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside a reassessment initiated...

0.3% Profit Estimation Upheld in NSEL Paper Transactions; Disallows Rs. 59.52 Cr Bogus Loss: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed the...

Assessee Can’t Claim Relief After Missing 3-Year Deadline: Delhi High Court Upholds Rejection of Delay Condonation Plea for Form 10-IC

The Delhi High Court has dismissed a writ petition filed by Mentaura Technologies Pvt....

FSSAI Delay in Filing ITR Form 10 Condoned: Delhi High Court

The Delhi High Court has held that the tax department must adopt a liberal...

Job Work Manufacturing Can’t Be Taxed as ‘Renting of Immovable Property’: ITAT

The Customs, Excise and Service Tax Appellate Tribunal, Hyderabad Bench has held that manufacturing...

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JURISHOUR | TAX LAW DAILY BULLETIN : 27 May, 2026

Here’s the Tax Law Daily Bulletin for May 27, 2026.GST28% GST ON ONLINE GAMING,...

Supreme Court Acquits KSRTC Driver, Says Following Conductor’s Signal Cannot Amount to Criminal Negligence

The Supreme Court has acquitted a Karnataka State Road Transport Corporation (KSRTC) bus driver...

Delay in Legal Notice Alone Can’t Defeat Buyer’s Rights: Supreme Court Restores Specific Performance Decree

The Supreme Court has restored a decree for specific performance in a property dispute,...

Promotions Must Follow Rules Existing at Time of Consideration, Not When Vacancies Arose: Supreme Court

The Supreme Court has held that government employees do not possess a vested right...