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How to Earn Over ₹80,000 Per Month Tax-Free Through PPF?

The Public Provident Fund (PPF) is a government-backed long-term savings scheme known for its...

Paying Monthly Rent Above Rs. 50,000? Here’s How to Handle TDS Under Section 194-IB

If you're an individual or a member of a Hindu Undivided Family (HUF) paying...

Extended 10-Year Limitation For Initiating Reassessment Inapplicable Without Escaped Income as ‘Asset’: Delhi High Court

The Delhi High Court has held that the extended 10-year limitation for initiating reassessment...

Reassessment Notice Issued With The Approval Of JCIT Is Invalid: Delhi High Court

The Delhi High Court has quashed the reassessment notice issued with the approval of...

Delhi High Court Bars Reassessment After Four-Year Limit, Cites Full Disclosure Of Prior Year Salary Expenses

The Delhi High Court has quashed the reassessment proceedings after four-year limit on the...

Monetary Limits For Filing Income Tax Appeals By Dept. Before High Court Enhanced To Rs. 2 Crores: Chhattisgarh High Court

The Chhattisgarh High court has held that the monetary limits for filing income tax...

Income Allegedly Escaped Assessment In Different AY Can’t Be Consolidated To Meet Rs. 50 Lakhs Threshold Limit: Delhi High Court

The Delhi High Court has held that income alleged to have escaped assessment in...

Whether ‘Royalty’ Is A ‘Tax’; Supreme Court Directs The Matter To Be Before Appropriate Bench

The Supreme Court has presided over the controversy of whether ‘Royalty’ Is A ‘Tax’...

CBI arrests Dy. CIT Allegedly Involvement in Sabotaging Faceless Scheme of Income Tax Assessment

The Central Bureau of Investigation (CBI)  has arrested Dy. Commissioner of Income Tax for...

Delhi High Court Deletes Income Tax Addition of  Rs. 42.16 Cr. Against NTPC Subsidiary

The Delhi High Court has deleted the income tax addition of  Rs. 42.16 Crores...

Income Tax Dept’s Practice Of Adjusting Tax Refunds Beyond 20% Demand Is Illegal: Bombay High Court 

The Bombay High Court has struck down the practice of adjusting tax refunds beyond...

Latest articles

CESTAT Quashes Excise Duty Demand on Poultry Cage Weld Mesh

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Commission Retained on Air Tickets Bought Through GSA/IATA Agents Not Taxable as Business Auxiliary Service

The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

CENVAT Credit Can’t Be Denied on Duty-Paid Inputs from Area-Based Exempt Units: CESTAT

The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Ignoring Taxpayer’s Reply While Rejecting GST Refund Is Illegal: Bombay High Court

The Bombay High Court has set aside an ex-parte order rejecting a GST refund...