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Chhattisgarh High Court Condones Delay Of 55 Days In Filing Appeal Before ITAT

The Chhattisgarh High Court has condoned the delay of 55 days in filing appeal...

AO Can’t Reassess Without Taking Into Consideration Incriminating Material In Respect Of Completed Assessments : Kerala High Court

The Kerala High Court has held that AO cannot reassess without taking into consideration...

Trade In Derivatives Not A Speculative Transaction : Kerala High Court Allows Business Loss Set-Off 

The Kerala High Court has held that a loss in the trade derivative would...

Delhi High Court Allows Assessee To Exclude Subject Matter Of Dept’s Appeal While Opting For Settlement Under DTVSV Act 

The Delhi High Court in the case of Rose Wood Buildwell Private Limited Versus...

Calcutta High Court Quashes Income Tax Transfer Order Issued Without Supporting Documentation

The Calcutta High Court has quashed the income tax transfer order issued without supporting...

CBDT Extends Due Date For Furnishing Return Of Income In Case Of Assessee Who Is Required To Furnish Report For AY 2024-25

The Central Board of Direct Taxes (CBDT) has extended the due date for furnishing...

Income Tax On Compensation Paid To Land Loosers For Acquisition Of Their Lands: Karnataka High Court

The Karnataka High Court has held that income tax exemption is available on the...

Nature Of Trading  Business Can’t Be Foundation To Conclude Principal-Agent Relationship Under Indo-Japan Tax Treaty: ITAT

The Income Tax Appellate Tribunal Delhi, observed that the nature of trading  business can't...

Delhi High Court Upholds ITAT’s Order Allowing Customs-Duty Adjustment On Import Of Watches

The Delhi High Court while dismissing the appeal of the income tax department upheld...

PE Is An Independent Taxable Entity, Affirms Delhi High Court

The Delhi High Court has held that a Permanent Establishment (PE) is conceived to...

Latest articles

Liquidation After Successful Resolution Applicant Backtracks From CoC-Approved RP: Supreme Court 

The Supreme Court has held that a Successful Resolution Applicant (SRA) cannot withdraw from...

S. 138 NI Act Proceedings Continue Despite Personal Insolvency Moratorium Under IBC: Supreme Court

The Supreme Court has held that proceedings under Section 138 of the Negotiable Instruments...

No TIP, Doubtful Identification: Supreme Court Acquits Convicts In Rape-Murder Case

The Supreme Court has acquitted two men who had been sentenced to death in...

Supreme Court Dissolves Marriage Under Article 142 Despite Wife Opposing Mutual Divorce, Grants Rs. 50 Lakh Permanent Alimony

The Supreme Court has exercised its extraordinary powers under Article 142 of the Constitution...