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Retracted Statement Alone Not Sufficient for Income Tax Addition, No Incriminating Material Found: Gauhati High Court

The Gauhati High Court has held that the retracted statement alone is not sufficient...

This Karnataka High Court Ruling Settles All Aspects Of Input Tax Credit Claims

The Karnataka High Court while settling all aspects of input tax credit (ITC) claims...

Income Tax | Failure Of Passing Of Draft Order Not Curable Defect: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) while quashing the final assessment...

Income Tax Weekly Flashback: 9 To 15 March 2025

Income Tax Weekly Flashback for the period 9 to 15 March 2025.Delhi High CourtExistence...

I-T Dept. Intensifies Probe: Unusual Data Sources Used to Track Tax Evasion

The Income Tax (I-T) Department has ramped up its investigation efforts, leaving no stone...

Relief To Vodafone: Delhi High Court Allows Rs.5.10 Crores Claimed On Account Of Asset Reconstruction Cost

In a major relief to Vodafone, the Delhi High Court has allowed Rs.5,10,79,752 claimed...

Bad Debt Deduction Under Income Tax Act Allowed Only For Banking or Money-Lending Businesses: Delhi High Court

The Delhi High Court has held that bad debt deduction under Section 36 of...

Peeyush Jain Posted As CCIT (OSD), CBDT

The Central Board of Direct Taxes (CBDT) has been transferred and posted Peeyush Jain...

Existence Of ‘International Transaction’ Must Be Established Before Transfer Pricing Benchmarking: Delhi High Court

The Delhi High Court has held that the existence of 'international transaction' must be...

Income Tax Principal Commissioner Can Cancel 12A Registration Without Waiting for Assessing Authority’s Decision: Kerala High Court

The Kerala High Court has held that the income tax principal commissioner can cancel...

Income Tax | Disputed Question Of Fact In Respect Of Proper Notice Can’t Be Examined Under Article 226: Kerala High Court 

The Kerala High Court has held that the disputed question of fact in respect...

Bombay High Court Orders RBI to Accept Old Demonetised Notes Seized in Income Tax Raid [READ JUDGEMENT]

The Bombay High Court has directed the Reserve Bank of India (RBI) to accept...

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...