Keep exploring
Direct Tax
Gift From Brother-in-Law is Exempted U/s 56 Of Income Tax Act: ITAT
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has held that a gift...
Direct Tax
Reopening of Assessment Beyond 4 Years Invalid U/s 153A: ITAT
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the reopening of...
Direct Tax
Payments for IT, Non-IT Support Services Not Taxable as FTS under India-UK DTAA: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that payments...
Direct Tax
Disallowance Of Expenditure Doesn’t Constitute “Income Represented In The Form Of An Asset: ITAT
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that disallowance of...
Direct Tax
Time Limit For Filing Correction Statements (TDS Or TCS) Reduced To 2 Years [READ TRACES PORTAL ADVISORY]
As per the Advisory of the TRACES portal the time limit for filing correction...
Direct Tax
Relief to PVR: ITAT Confirms Entertainment Tax Subsidy as Capital Receipt
In a major relief to PVR Ltd., the Income Tax Appellate Tribunal (ITAT), Delhi...
Direct Tax
Income Tax Dept. Uncovers Rs. 5,500 Crore Fake Political Donations Racket
In a massive crackdown, the Income Tax Department has unearthed a Rs. 5,500 crore...
Direct Tax
Relief To Hyundai: Under Faceless Assessment Regime, Limitation Period to Run From Date of Uploading DRP Order on ITBA Portal: Delhi HC
The Delhi High Court while giving major relief to Hyundai held that under Faceless...
Direct Tax
S. 194LA Would Not Apply When TDR Certificates Are Issued In Lieu Of Compensation: Bombay HC
The Bombay High Court has held that Section 194LA of the Income Tax Act,...
Direct Tax
Assessee Ought Not Be Put at Disadvantage Owing to CA’s Delayed Advice on Complex Tax Matter: Bombay High Court
The Bombay High Court has held that the assessee ought not be put at...
Direct Tax
Punjab & Haryana High Court Extends Deadline for Filing Audit Case Returns by One Month
The Punjab & Haryana High Court today disposed of CWP No. 28685 of 2025...
Direct Tax
Himachal Pradesh HC Directed CBDT to Extend ITR Due Date
The Himachal Pradesh High Court has directed the Central Board Of Direct Taxes (CBDT)...
Latest articles
Direct Tax
Tax Prosecution Can Proceed Without Assessment for False Statements and Failure to File Wealth Tax Returns: Karnataka HC
The Karnataka High Court has held that the absence of a completed tax assessment...
Indirect Taxes
Customs Confiscation of Car and Cash | Appeal Lies Before CESTAT, Not Central Govt. Revision Authority: Madras HC
The Madras High Court has held that a challenge to the confiscation of a...
Indirect Taxes
Car Sale Can Be Complete Without Registration Transfer; Rolls-Royce Seized in Tax Proceedings Ordered to Be Auctioned: Madras HC
The Madras High Court has held, on a prima facie assessment, that handing over...
Company & PMLA
Jewellery Sale Proceeds Not Exempt From Bankruptcy Estate; ₹19.17 Lakh Must Be Returned: NCLAT
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that...