Keep exploring
Direct Tax
Bombay High Court Quashes Income Tax Advisory Denying BCCI Tax Exemption, Cancelling Registration
In a significant relief for the Board of Control for Cricket in India (BCCI),...
Direct Tax
Delhi High Court Quashes Reassessment Proceedings Against Maruti Suzuki
The Delhi High Court has quashed reassessment proceedings against Maruti Suzuki.The bench of Justice...
Direct Tax
Assurances Not Evidence Of Nokia OY Using NIPL As Vehicle For Its Own Enterprise: Delhi High Court
The Delhi High Court has held that assurances were clearly not liable to be...
Direct Tax
Reassessment Can’t Be Invoked On The Basis Of Search Action: Bombay High Court
The Bombay High Court has held that the reassessment cannot be invoked on the...
Direct Tax
New Income Tax Rules For Salaried Employees – TDS, Form 16, and Tax Slabs Updated
The Central Board of Direct Taxes (CBDT) has issued Circular No. 03/2025, dated February...
Direct Tax
Urban Ladder Home Décor Not Liable To TDS On Remittances To Facebook, Amazon Web-Services For Advertisements: Karnataka High Court
The Karnataka High Court has held that Urban Ladder Home Décor is not liable...
Direct Tax
Direct Tax Weekly Flashback: 09 To 15 February 2025
Direct Tax Weekly Flashback for the period 9 to 15 February 2025.Supreme CourtSection 271AAA...
Direct Tax
Bombay High Court Quashes Income Tax Assessments Orders Against Merged Reliance Units
The Bombay High Court has quashed the income tax assessments orders against merged Reliance...
Direct Tax
Select Committee To Review Income Tax Bill 2025 Constituted [READ OFFICIAL NOTIFICATION]
In a significant legislative move, Lok Sabha Speaker Om Birla has constituted a 31-member...
Direct Tax
Section 271AAA Relief: No 10% Penalty If Undisclosed Income Is Admitted, Substantiated, and Tax Paid Even with Delay: Supreme Court
The Supreme Court has held that the penalty at the rate of 10% under...
Direct Tax
Future Amendment Denying Depreciation On Goodwill Can’t Be The Basis For Reopening Assessment: Gujarat High Court
The Gujarat High Court has held that future amendment denying depreciation on goodwill cannot...
Direct Tax
Section 148 Can’t Be Invoked For Change In Tax Rate For Future AYs: Bombay High Court
The Bombay High Court has held that merely because there is some change in...
Latest articles
Other Laws
Delhi Court Acquits Former WFI Chief Brij Bhushan Sharan Singh in Women Wrestlers’ Sexual Harassment Case
Delhi court has acquitted former Wrestling Federation of India (WFI) president and former BJP...
Indirect Taxes
Dept. Can’t Allege Suppression After Earlier Audit on Same Issue: CESTAT Quashes Excise Demand on Limitation
The Allahabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...
Company & PMLA
Unadjudicated EPF Interest and Damages Claims Can’t Survive CIRP: Supreme Court Upholds Resolution Plan
The Supreme Court has held that claims towards interest under Section 7Q and damages...
Direct Tax
S. 54F Exemption Can’t Be Denied Merely Because Sale Deed Was Executed Later Due to Project Delays: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...