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Once Tax Is Assessed, Entire Amount Has To Be Paid In Absence Of Amnesty Schemes: Kerala High Court

The Kerala High Court has held that once tax has been assessed, the entire...

Kerala High Court Condones Delay In Filing Audit Report 

The Kerala High Court has condoned the delay in filing the audit report for...

Surcharge On Private Discretionary Trusts To Be Computed As Per Slab Rates Prescribed In Finance Act: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that surcharge on...

CBDT Exempts HUDCO Bonds From LTCG

The Central Board of Direct Taxes (CBDT) has notified that bonds issued by the...

ITR-B For Block Search Assessment Return U/S.158BC(1)(a)  of Income Tax Act: CBDT

The Central Board of Direct Taxes (CBDT)  has notified the ITR-B For block search...

CBDT Notifies April 30, 2025 as Deadline Under Vivad se Vishwas Scheme 2024

In a significant update under the Direct Tax Vivad se Vishwas Scheme, 2024, the...

Bank Fraud: Madhya Pradesh Labourer Receives Rs. 314 Crore Income Tax Notice

In a startling case that has exposed alarming loopholes in financial monitoring and identity...

Delhi High Court Quashes 2nd Reassessment Notice Issued Beyond 4 Years

The Delhi High Court has quashed the 2nd Assessment Notice which was issued beyond...

Supreme Court Order On AY 2015-16 Post Rajeev Bansal Case

The Supreme Court comprising Justice B.V. Nagarathna and Justice Prasanna B. Varale has dismissed...

Rs 37.87 Cr Tax Notice to Sirsa Barber: Loan App Linked to PAN Fraud

In a shocking case of suspected financial fraud, a barber from Sirsa has received...

ESOP Valuation By Merchant Banker Under Income Tax Act Can’t Be Overridden By FEMA Valuation: ITAT

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that (ESOP) valuation...

Bombay High Court Raps ITAT For Casual Approach; Holds Entire Bogus Purchases Should Be Disallowed, Not Just 3%

The Bombay High Court has rapped Income Tax Appellate Tribunal (ITAT) for a casual...

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...