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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...

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...

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...

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...

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...

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...

Gift From Brother Not Chargeable To Tax In Hands Of Assessee Being Relative: ITAT

The Income Tax Appellate Tribunal, Mumbai, ruled that the gift from a brother is...

Amount Of Hardship Allowance Received By The Assessee Is Not Income Of The Assessee: ITAT 

The Income Tax Appellate Tribunal, Mumbai, ruled that the amount of hardship allowance received...

Software License Expenditure To Be Revenue In Nature: ITAT 

The  Income Tax Appellate Tribunal Mumbai ruled that the software license expenditure on similar...

Income Tax Act Gives Powers To Valuation Officer To Get Details From Assessee In Order To Ascertain Value Of Property: ITAT

The Income Tax  Appellate Tribunal, Bangalore, Income Tax Act gives powers to the valuation...

Determination of Commission @ 2.5% on Value Which was Transferred by Book Entry is Justified: ITAT

The Income Tax Appellate Tribunal ruled that the determination of commission @ 2.5% on...

Remittance Made By Assessee To Foreign Subsidiary Companies Is Not Taxable In India: ITAT 

The Income Tax Appellate Tribunal, New Delhi, held that the remittance made by the...

Latest articles

Jurishour | Tax Law Daily Bulletin : April 25, 2026

Here’s the Tax Law Daily Bulletin for April 25, 2026.GSTNO STATUTORY BAR U/S 54(1)...

Healthcare Services Exempt from Service Tax: Gauhati High Court Quashes Rs. 10.13 Crore Demand Based Solely on Form 26AS Data

The Gauhati High Court has set aside a service tax demand exceeding ₹10.13 crore...

GST Registration Can’t Be Cancelled Retrospectively Without Proposing It In SCN: Punjab & Haryana High Court 

The Punjab & Haryana High Court has quashed an order cancelling GST registration retrospectively...

2 Kg Ganja Seizure at AIU Airport: Telangana High Court Grants Bail, Holds Intermediate Quantity & Custody Period Relevant

The Telangana High Court has granted bail to the accused, Sabji Fazil Ahmed arrested...