Keep exploring
Direct Tax
Amendment To Finance Bill 2024: Employer To Consider Entire Amount Of The TDS/TCS While Computing Taxes On Salary Income
The Finance (No. 2) Bill, 2024 was presented by the Hon’ble Finance Minister...
Direct Tax
Finance Bill, 2024 Passed By Lok Sabha: No Benefit Of Foreign Exchange Fluctuation For Non-Resident Taxpayers On Sale Of Unlisted Shares And Securities
The Finance (No. 2) Bill, 2024 was presented by the Union Finance Minister, Nirmala...
Direct Tax
Indexation Benefit Restored For Limited Purpose Of Computing Long Term Capital Gains Tax: Know The Details
The Finance (No. 2) Bill, 2024 was presented by the Union Finance Minister, Nirmala...
Direct Tax
SETTLEMENT CONSIDERATION TO EX-EMPLOYEE FOR RELINQUISHING RIGHTS TO EQUITY SHARES BE TAXED UNDER CAPITAL GAINS: DELHI HIGH COURT
Author: Khushi J PrajapatiThe Delhi High Court ruled that the settlement consideration received by...
Direct Tax
Income Derived From Transfer Of Capital Asset Was Not Taxable Within Provisions Of Section 9(1)(I)(A) Of Income Tax Act: ITAT
Khushi J. PrajapatiThe Income Tax Appellate Tribunal (ITAT), Delhi held that the income derived...
Direct Tax
Income Tax Reassessment Can Be Initiated On Financial Transactions Liable To Be Taxed Having Escaped Assessment & Not Otherwise: Delhi High Court
Author: Khushi J. PrajapatiThe Delhi High Court held that income tax reassessment can only...
Direct Tax
Income Tax Reassessment Can’t Be Based On Allegations Of Delayed Digital Filling Of Form 10: Delhi High Court
Author: Khushi J. PrajapatiThe Delhi High Court held that income tax reassessment proceedings cannot...
Direct Tax
Himachal Pradesh High Court Stays Income Tax Reassessment Notice Not Issued In Faceless Manner
The Himachal Pradesh High Court stayed the Income Tax reassessment notice not issued in...
Direct Tax
CBDT Not Empowered Extending Cut-Off Date To Make Section 245C Application: Bombay High Court
The Bombay High Court ruled that CBDT is not empowered for extending the cut-off...
Direct Tax
ONUS ON ASSESSEE TO PROVE IDENTITY OF CREDITORS AND THEIR CAPACITY TO ADVANCE MONEY GENUINENESS OF TRANSACTION: CHHATTISGARH HIGH COURT
Author: Khushi J PrajapatiThe Chhattisgarh High Court ruled that the burden of proof rests...
Direct Tax
ITAT Quashes Income Tax Reassessment Against Hyundai For Being Time Barred
The Income Tax Appellate Tribunal, Chennai, quashed the income tax reassessment against Hyundai for...
Direct Tax
New TDS Section 194T: 10% TDS Applicable On TDS On Salary, Remuneration, Interest, Bonus Or Commission Of Partners
As of right now, the partnership business is not allowed to deduct tax at...
Latest articles
Case Compilation
GST Weekly Flashback: 15 To 21 February 2026
GST Weekly Flashback (15–21 February 2026) brings together the most significant developments under the...
Indirect Taxes
SAD Refund Limitation to Be Counted from Date of Domestic Sale And Not From The Date of Import: Calcutta HC
The Calcutta High Court has reiterated that the Special Additional Duty (SAD) refund limitation...
GST
Titan Challenges Deemed Supply Provision Under GST: Madras High Court to Examine Taxability of Unreturned Job Work Inputs
In a significant development for the manufacturing and GST ecosystem, Titan Company Limited has...
Indirect Taxes
Can Service Tax Be Demanded Solely on Form 26AS Data Without Pre-SCN Consultation? Gauhati High Court Remand Back Matter to CESTAT
The Gauhati High Court while remanding the matter to the Customs, Excise and Service...