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Direct Tax

553 posts

Cash Loans Above Rs. 20K in Violation of Income Tax Act Not Legally Enforceable Debt: Kerala High Court

The Kerala High Court has ruled that cash loans exceeding Rs. 20,000,…

Sitharaman Orders Swift Withdrawal of Low-Value Tax Appeals to Cut Litigation Load

In a major push to reduce tax-related litigation and improve service delivery,…
ITR Not Conclusive Proof of Income: Calcutta High Court Hikes Maintenance to Estranged Wife

ITR Not Conclusive Proof of Income: Calcutta High Court Hikes Maintenance to Estranged Wife

The Calcutta High Court has ruled that income tax returns cannot be…
Congress Violates Rs. 2,000 Cash Donation Cap: ITAT Upholds Rs. 199 Crore Income Tax Demand

Congress Violates Rs. 2,000 Cash Donation Cap: ITAT Upholds Rs. 199 Crore Income Tax Demand 

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has upheld a tax…

Non-Faceless Income Tax Reassessment Notices Are Invalid: Supreme Court

Supreme Court Confirms Mandatory Faceless Protocol for Section 148 Notices, Upholds Telangana…
No Section 14A Disallowance If No Exempt Income Earned: Delhi High Court Dismisses Income Tax Dept's Appeal

No Section 14A Disallowance If No Exempt Income Earned: Delhi High Court Dismisses Income Tax Dept’s Appeal

The Delhi High Court has dismissed the Income Tax Department’s appeal challenging…
Fake Tax Claims Can Backfire: Income Tax Dept. Launches Crackdown on Bogus Deductions

Fake Tax Claims Can Backfire: Income Tax Dept. Launches Crackdown on Bogus Deductions

The Income Tax Department has launched a nationwide crackdown on fraudulent deduction…
Income Tax Raids on CA and CS's Home and Office in Meerut

Income Tax Raids on CA and CS’s Home and Office in Meerut

The Income Tax Department conducted large-scale raids on Monday at the residence…
Gujarat High Court Quashes Rejection of Foreign Tax Credit Claim Over Procedural Delay in Form 67 Filing

Gujarat High Court Quashes Rejection of Foreign Tax Credit Claim Over Procedural Delay in Form 67 Filing

The Gujarat High Court has allowed the petition of Deepak Pragjibhai Gondaliya,…
Salary Earned By Chinese Tax Resident for Work Performed in China Not Taxable in India Even If Credited to Indian Bank Account: ITAT

Salary Earned By Chinese Tax Resident for Work Performed in China Not Taxable in India Even If Credited to Indian Bank Account: ITAT

The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has held that salary…