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AO Can Ascertain Fair Market Value of Shares If Doubts Valuation: Delhi High Court

The Delhi High Court has held that the AO can ascertain the Fair Market...

Sales As Per Books Of Accounts Out Of Stock Available Could Be Regarded As Cash Sales: ITAT Deletes Income Tax Addition

The Income Tax Appellate Tribunal, Delhi ruled that sales in stock on cash basis...

PCIT Lacks Unlimited Power To Revise Every Order Already Examined By AO: ITAT

Author: Khushi J PrajapatiThe Income Tax Appellate Tribunal Ruled that PCIT lacks unlimited...

Direct Tax Quick Weekly Flashback: 18 To 24 August 2024 -Stories On Ayodhya Rami Reddy Alla;  Income-Tax Clearance Certificate & More

Here is Direct Tax Quick Weekly Flashback:Supreme CourtGAAR V/S SAAR In Bonus-Stripping Transaction...

ITAT Quick Weekly Flashback: 18 To 24 August 2024 – Stories On Lakhmi Chand Charitable Society, HCL Technologies Ltd; & More

Death Of Tax Consultant A Valid Ground For Delay Condonation: ITATCase Name: Manisha Arora...

Death Of Tax Consultant A Valid Ground For Delay Condonation: ITAT

The Income Tax Appellate Tribunal, New Delhi, ruled that death of tax consultant is...

Income Tax Dept. Tried To Cancel Trust Registration By Hook Or Crook: ITAT

The Income Tax  Appellate Tribunal, Delhi, observed that the Income Tax department tried to...

TDS Credit May Be Granted Only When Income Corresponding To TDS Is Assessed To Tax In The Same FY: ITAT

The Income Tax Appellate Tribunal, New Delhi, ruled that TDS credit may be granted...

Income Tax Assessment Order Against Non-Existing Company Liable To Be Quashed: ITAT

The Income Tax Appellate Tribunal, Delhi, ruled that the income tax assessment order against...

AO Obliged To Refund Amount Which Becomes Payable By An Order Passed In Appeal AO: Delhi High Court

The Delhi High Court ruled that the AO is obliged to refund the amount...

Only Person Involved In Serious Financial Irregularities To Obtain Income-Tax Clearance Certificate: CBDT

The Central Board of Direct Taxes notified that only persons who are involved in...

GAAR V/S SAAR In Bonus-Stripping Transaction Adopted By Ayodhya Rami Reddy Alla: Supreme Court Admits SLP, Hearing To Be In Sept.

The Supreme Court has admitted the Special Leave Petition (SLP) filed by Ayodhya Rami...

Latest articles

Jurishour | Tax Law Daily Bulletin : February 23, 2026

Here’s the Tax Law Daily Bulletin for February 23, 2026.GSTGST Orders Passed Without Proper...

India, France Sign Landmark Protocol Amending Double Taxation Avoidance Convention

In a significant step towards deepening bilateral economic cooperation, the Government of India and...

S. 263 Revision Invalid Where AO Took Plausible View on Unlisted Share Gains as Capital Gains: Calcutta High Court

The Calcutta High Court has held that revision under Section 263 of the Income...

Drugs & Cosmetics Act: Failure to Maintain Manufacturing Records Attract Punishment: Supreme Court

The Supreme Court held that alleged violations relating to maintenance and production of manufacturing...