Keep exploring
Direct Tax
Surgical Tools Used in Spinal Operations Fall Under Customs Heading 9018, Not Orthopaedic Appliances Heading 9021: CESTAT
The Chennai Bench upheld the reclassification of imported surgical instruments and rejected the importer’s...
Direct Tax
Shares Received Against Accrued Interest on Debentures Are Taxable Even Without Cash Payment: Madras High Court
The Madras High Court has upheld the revision of a reassessment order that left...
Direct Tax
Retrospective Income Tax Amendment Can’t Be Used to Recall Earlier Tribunal Order: ITAT
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...
Direct Tax
Can Unreceived Flats and Payments Under Development Agreement Be Taxed as Capital Gains? Punjab and Haryana High Court
The Punjab and Haryana High Court has disposed of an income tax appeal concerning...
Direct Tax
Income Tax Dept. Can’t Revise Refund Intimation Without Adjustments U/S 263: Karnataka High Court
The Karnataka High Court has set aside an Income Tax Department notice seeking to...
Direct Tax
No Coercive Recovery of Rs. 29.24 Crore Until Stay Plea Is Decided: Patna High Court in Income Tax Dispute
The Patna High Court has directed that no coercive action be taken against a...
Direct Tax
ATMs Qualify as Computers for Higher Depreciation, but Foreign Bank Can’t Claim Domestic Tax Rate: Calcutta High Court
The Calcutta High Court has held that automated teller machines (ATMs) qualify as computers...
Direct Tax
Income Tax Refund Claim Can’t Be Rejected Without Examining Genuine Hardship: Punjab and Haryana High Court
The Punjab and Haryana High Court has set aside an order refusing to condone...
Direct Tax
441-Day Delay in Income Tax Appeal Can’t Be Excused on Unproven Claim of Counsel’s Illness: P&H High Court
The Punjab and Haryana High Court has upheld the rejection of an income tax...
Direct Tax
Can Income Tax Dept. Retain Seized Cash Beyond 120 Days? Gujarat High Court Refers Rs. 5.68 Crore Dispute to Larger Bench
The Gujarat High Court has referred three questions concerning the release of cash seized...
Direct Tax
Can Cash Deposits Be Taxed as Unexplained Money Despite a Documented Trail of Gifts and Bank Withdrawals? ITAT Answers
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...
Direct Tax
Can an ITO Issue S. 148 Notice When Jurisdiction Lies With an AC/DC? ITAT Ans.
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a reassessment...
Latest articles
Direct Tax
Surgical Tools Used in Spinal Operations Fall Under Customs Heading 9018, Not Orthopaedic Appliances Heading 9021: CESTAT
The Chennai Bench upheld the reclassification of imported surgical instruments and rejected the importer’s...
Indirect Taxes
Disposable Microcuvettes Designed for Diagnostic Analyser Are Machine Parts, Not Plastic Articles: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Columns
Sovereign Gold Bond Tax Rules for ITR AY 2026–27
An investor can receive interest, redeem a Sovereign Gold Bond (SGB) with the Reserve...
Indirect Taxes
No Service Tax on Outbound Tours, Ticket Reimbursements or Cancellation Charges: CESTAT
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...