Supreme Court Directs Income Tax Dept. to Grant Parity-Based Regularisation from 2006
The Supreme Court has directed the regularisation of services of several daily-wage workers engaged with the Income Tax Department at Gwalior, holding that they...
Nil TDS Certificate for Same Parties, Same Transactions: Delhi HC
The Delhi High Court has set aside an order of the Income Tax Department that denied a nil-rate tax withholding certificate to AECOM Intercontinental...
GoDaddy’s Domain Registration Income Is Not Taxable in India: HC Slams Tax Dept. for Ignoring Binding Precedent
The Delhi High Court has quashed an order passed by the Income Tax Department refusing to grant a nil withholding tax certificate to GoDaddy.com...
Reassessment Can’t Be Solely Based on Audit Objection: Delhi HC Upholds NTPC’s 80-IA Exemption Claims
The Delhi High Court has dismissed two appeals filed by the Income Tax Department challenging orders of the Income Tax Appellate Tribunal (ITAT) that...
Can Tax Officer Ignore Binding ITAT Ruling While Issuing TDS Certificate? Delhi High Court Says No
The Delhi High Court has set aside a 15% tax withholding certificate issued to UK-based Financial and Risk Organisation Limited and directed the Income...
No Income Tax Payable On Excise Duty Refund Received Under Post-Earthquake Industrial Incentive Scheme: Delhi HC
The Delhi High Court has dismissed an appeal filed by the Income Tax Department against Jindal Saw Ltd., holding that excise duty refund received...
S. 153C Notices Quashed as Time-Barred: Delhi High Court Reaffirms Limitation Based on Satisfaction Note Date
The Delhi High Court has quashed notices issued under Section 153C of the Income Tax Act, 1961 for Assessment Years 2010-11 to 2013-14, holding...
Compensation Paid Towards Exchange Rate Fluctuation Loss Is Allowable Deduction: Madras High Court
The Madras High Court has held that compensation paid towards exchange rate fluctuation loss pursuant to commercial expediency is an allowable deduction, even if...
Challenge to Income Tax Department’s Digital Search, Seizure Powers: Supreme Court
A writ petition filed by Advocate Pranjal Kishore questioning the constitutional validity of the Income Tax Department’s powers to conduct digital search and seizure...
Delhi High Court Rejects Dept.’s Appeals on TDS Liability for Lease Rent
The Delhi High Court has dismissed three appeals filed by the Income Tax Department challenging orders of the Income Tax Appellate Tribunal (ITAT) pertaining...
How to Avoid TDS on Cash Withdrawal?
Section 194N of the Income-tax Act, 1961 mandates deduction of tax at source (TDS) on cash withdrawal exceeding specified thresholds from banking companies, co-operative...
Draft Income-tax Rules, 2026: 10 Changes That Could Impact Your Salary, Property Deals, Banking, Investments From April 1
The Central Board of Direct Taxes (CBDT) has unveiled the Draft Income-tax Rules, 2026, which are set to replace the Income-tax Rules, 1962 which...
Delhi High Court Quashes Transfer Pricing Order for Failure to Provide Relied-Upon Agreements to Assessee
The Delhi High Court has set aside an order passed by the Transfer Pricing Officer (TPO) holding that an assessee must be supplied copies...
CBDT to Consolidate Multiple Tax Audit Forms Under Form 26 Framework
The Central Board of Direct Taxes (CBDT) has unveiled Draft Form 26, introducing a revamped audit reporting format under the Income Tax Act, 2025....
New Income Tax Audit Form 26: What Businesses Need to Know?
The release of Draft Form 26 under the Draft Income-tax Rules, 2026 marks one of the most significant reforms in India’s tax audit architecture....
Income Tax Dept. to Use GST Data to Find Hidden Income, Boost Tax Collections
The Income Tax Department is increasingly turning to data analytics and information available under the Goods and Services Tax (GST) framework. The move comes...
Providing ‘Relied Upon Material’ In SCN Is Not Procedural Requirement: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the reassessment proceedings holding that the notice issued under Section 148 of...
Separate PAN Not Ground to Deny AIF Benefits: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that exemption under Section 10(23FBA) of the Income-tax Act cannot be denied...
No Employer-Employee Relationship Between Diagnostic Firm and Consultant Doctors; TDS Under S. 194J Valid: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld that payments made by a diagnostic company to its consultant doctors are...
Replacing Dies and Moulds Is Not Capital Spend: Madras HC Upholds Relief to TVS Motor
The Madras High Court has dismissed a long-pending income tax appeal filed by the Income Tax Department against TVS Motor Company Ltd., affirming multiple...
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