HomeDirect Tax

Direct Tax

Keep exploring

Addition Made Purely On Employees’ Statement Not Sustainable: ITAT Deletes Income Tax Addition Of Rs. 1.68 Crores

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has upheld the deletion of the...

Receipt From Supply Planning Services  Can’t Be Taxed As Fees For Technical Services/Royalty : ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that receipt from supply planning...

Relief To MITSUBISHI CORPORATION: AO Can’t Object ITAT’s Decision Allowing Assessee To Set Up Fresh Claim: Delhi High Court

The Delhi High Court held that AO can't object to ITAT's decision allowing assessee...

Relief To Axis Bank: Discount On ESOPs Is Allowable As Deduction: ITAT

In a major relief to Axis Bank, the Income Tax Appellate Tribunal (ITAT) Ahmedabad...

Delhi High Court Directs Income Tax Department To Process Application For Exemption Made By NOIDA

The Delhi High Court has directed the income tax dept. to process application for...

Foreign Tax Credit Claim Tallied With Computation: Madras High Court Directs Income Tax Dept. To Reconsider

The Madras High Court has directed the department to reconsider the claim of Foreign...

Section 115 BAC Doesn’t Bar Carry Forward And Set Off Of Losses Under Capital Gains: ITAT

The Pune Bench of Income Tax Appellate Tribunal (ITAT) has held that Section 115BAC...

Notice Initiating Assessment Proceedings In The Name Of Deceased Assessee Is Void Ab-Initio: ITAT

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench held that notice issued initiating assessment...

ITAT Upholds Assessee’s Claim Within The Period Of 3 Years From The Sale Of Land

The Income Tax Appellate Tribunal, Ahmedabad upheld the Assessee's claim within the Period of...

Rental Income From Leasing Of Properties Assessable As Income From Profits And Gains Of Business: Bombay High Court

The Bombay High Court has held that the rental income from leasing of its...

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...