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Penalty U/s 270A Can’t Be Levied on Estimated Bogus Purchase Addition: ITAT

The Income Tax Appellate Tribunal (ITAT), Agra Bench, has held that a penalty under...

CBI Apprehends Income Tax Superintendent In Bhadrak, Odisha In A Bribery Case

The Central Bureau of Investigation (CBI) has apprehended Office Superintendent, Income Tax Office, Bhadrak,...

Delay in Filing ITR Can’t Deny S. 80P Benefits to Cooperative Societies: Madras High Court

The Madurai Bench of the Madras High Court has held that the delay in...

Non-Examination of Head Office Expense Allocation in S. 80-IA Claims Makes Assessment Erroneous: Calcutta HC

The Calcutta High Court has upheld the Principal Commissioner of Income Tax's decision to...

Bogus Share Transaction Case Exempted from CBDT Low-Tax-Effect Circular: Delhi HC

The Delhi High Court has held that bogus share transaction cases involving allegations of...

Reply Period U/S 148A Excluded from Limitation Calculation: Delhi HC

The Delhi High Court has held that the reply period under section 148A is...

S. 54F Exemption on All 50 Flats Received Under JDA: ITAT 

In a significant ruling on capital gains taxation arising from Joint Development Agreements (JDAs),...

Reassessment Notice Beyond Limitation Invalid Even After Excluding Assessee’s Reply Period: Delhi HC

The Delhi High Court has quashed a reassessment notice issued under Section 148, holding...

Can Income Tax Dept. Reopen Assessment Through Rectification After Granting Immunity U/S 270AA? ITAT Says No

The Income Tax Act, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT)...

LTCG Deduction Be Denied Merely Because Sale Deed Was Registered After 2 Years? ITAT Says No

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that Long...

S. 54 Deduction Can’t Be Restricted Merely Because New House Is Purchased Jointly With Spouse: ITAT

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...

Survey Disclosure Can’t Be Reclassified as Se. 69A Income Through Rectification U/s 154: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income...

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : 08 June, 2026

Here’s the Tax Law Daily Bulletin for June 08, 2026.GSTCAN DGGI ARREST WITHOUT PRIOR...

Personal Liberty Under Article 21 Cannot Override Effective Administration of Criminal Justice: Supreme Court

The Supreme Court has held that while an accused cannot be compelled to surrender...

S. 75(4) Of CGST Act Mandates 3 Opportunities Of Personal Hearing — A Statutory Obligation, Not Procedural Choice: Gujarat HC

The Gujarat High Court has held that Section 75(4) Of CGST Act mandates 3...

No Evidence of Customs Broker’s Knowledge of Misdeclared Sugar Export: CESTAT Quashes Penalty Under CBLR

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore Bench, has set aside...