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Bombay High Court Allows Income Tax Deduction To IDBI Bank On Bad And Doubtful Debts

The Bombay High Court has allowed income tax deduction to Industrial Development Bank of...

TOLA Doesn’t Alter Structure For Income Tax Reassessment Approval; Delhi High Court Quashes Notices For 4 Years Old AY

The Delhi High Court has held that the Taxation and Other Laws (Relaxation &...

Employee Or His Legal Heirs Can’t Be Held Liable For TDS Non-Deposit: Delhi High Court

The Delhi High Court has held that the employee or his legal heirs cannot...

Income Tax Chargeable On Trusteeship Relinquishment Compensation; Supreme Court Affirms

The Supreme Court while upholding the Kerala High Court ruling held that the income...

Madras High Court Condones Delay In Filing Appeal Subject To Depositing Of Rs. 1000 In Advocate Clerks Welfare Association

The Madras High Court has  condoned the delay in filing appeal subject to depositing...

Income Tax Dept. Empowered To Seek Interim Custody Of Currency Notes Seized: Kerala High Court

The Kerala High Court has held that the income tax department is empowered to...

Direct Tax Vivad Se Vishwas Scheme, 2024 To Be Effective From October 2024: CBDT

The Central Board of Direct Taxes (CBDT) has notified the Direct Tax Vivad Se...

Relief To Castrol India: Manufacturer Knows Best Value Of Products & Dept. To Accord Due Deference: Kerala High Court

In a major relief to Castrol India, the Kerala High Court has held that...

Financier Of Vehicle Entering Lease Agreement Is Liable To Pay Motor Vehicle Tax: Allahabad High Court

The Allahabad High Court has held that the financier of motor vehicle entering lease...

Distribution Revenue Received From US Broadcasting Company Towards Granting Of Distribution Rights Can’t Be Taxed As ‘Royalty’: ITAT

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the distribution...

IIBI Bank To Pay Minimum Tax On Book Profits Even When Undergoing Voluntary Liquidation: ITAT

The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has held that the Industrial...

Payment Received For Providing Access To Computer Software To Member Firms Not Taxable As ‘Royalty’ : Supreme Court Dismisses Income Tax Dept. SLP

The Supreme Court has dismissed the Special Leave Petition (SLP) filed by the Commissioner...

Latest articles

Excise Act | ACP Cutting For Installation On Building Facades Not “Manufacture”: Supreme Court

The Supreme Court has ruled that cutting, grooving and routing aluminium composite panels (ACPs)...

Himachal Pradesh High Court Quashes GST SCN Issued Contrary to Binding Advance Ruling

The Himachal Pradesh High Court has quashed a Goods and Services Tax (GST) show...

No GST Demand For Mere Wrong Set-Off Of IGST Credit Under CGST And SGST Heads: Kerala HC

The Kerala High Court has quashed a GST assessment order passed against a registered...

Exporter Can’t Be Denied Advance Authorization Benefit Due To ICEGATE Technical Glitch: Delhi High Court

The Delhi High Court has set aside three orders passed by the Policy Relaxation...