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Wilful Concealment Of Income: Calcutta High Court Uphold Prosecution 

The Calcutta High Court Upheld the Prosecution against assessee.The bench said that Sri Bachchraj...

Building Association Can Claim Expenditure Against Interest Income: ITAT

The Income Tax Appellate Tribunal, Ahmedabad held that the building association can claim expenditure...

NO ASSESSMENT PROCEEDINGS PENDING AS OF SEARCH DATE: ITAT UPHOLDS DELETION OF INCOME TAX ADDITION TOWARDS UNEXPLAINED EXPENDITURES

The Income Tax Appellate Tribunal (ITAT) upheld the deletion of income tax addition concerning...

PROCEEDINGS IMPOSING PENALTY ON CONTRAVENTION OF PENAL PROVISIONS ARE QUASI-CRIMINAL ONUS ON DEPT. TO GIVE CATEGORICAL FINDING: ITAT

Author: Khushi J PrajapatiThe Income Tax Appellate Tribunal, New Delhi affirmed that proceedings related...

BREAKING | CA Files PIL Before Gujarat High Court Challenging Non-Allowing Rebate Guaranteed U/s 87A Of Income Tax Act 1961 

Today, CA Chintan Nareshkumar Patel has filed a Public Interest Litigation (PIL) challenging the...

AO Yet To Frame Assessment, Writ Court Should Not Interfere At Premature Stage: Punjab And Haryana High Court

The Punjab and Haryana High Court has held that where the proceedings have not...

Cheque For Refund Issued By Income Tax Dept. Bounced Despite Court’s Clear Directions: Punjab & Haryana High Court Orders Departmental Action

The Punjab and Haryana High Court has directed the departmental action against the income...

Royalty Imposed By Municipal Corporation On Advertising Companies For Putting Up Hoardings/Advertisements Can’t Be Termed As ‘Tax’: Supreme Court

The Supreme Court has held that  'royalty' imposed by Municipal Corporation on the advertising...

Mere Omission To Give Correct Information Is Not Suppression Of Facts Unless It Was Deliberate To Stop Payment Of Duty: Chhattisgarh High Court

The Chhattisgarh High Court has held that mere omission to give correct information is...

CBDT Issues Revised Guidelines For Compounding of Offences Under Income Tax Act, 1961

The Central Board of Direct Taxes (CBDT) has issued Revised Guidelines for compounding of...

Income Tax Deduction Allowable On Interest For Broken Period In Case Of Stock -In-Trade: Supreme Court

The Supreme Court has held that income tax deduction allowable on interest for broken...

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : 27 May, 2026

Here’s the Tax Law Daily Bulletin for May 27, 2026.GST28% GST ON ONLINE GAMING,...

Supreme Court Acquits KSRTC Driver, Says Following Conductor’s Signal Cannot Amount to Criminal Negligence

The Supreme Court has acquitted a Karnataka State Road Transport Corporation (KSRTC) bus driver...

Delay in Legal Notice Alone Can’t Defeat Buyer’s Rights: Supreme Court Restores Specific Performance Decree

The Supreme Court has restored a decree for specific performance in a property dispute,...

Promotions Must Follow Rules Existing at Time of Consideration, Not When Vacancies Arose: Supreme Court

The Supreme Court has held that government employees do not possess a vested right...