HomeDirect Tax

Direct Tax

Keep exploring

Implementation Of Tax Order Doesn’t Bar Reconsideration After Court Remand: Karnataka HC

The Karnataka High Court has held that implementing a tax appellate order and granting...

Recovery Of ₹66.46 Lakh Tax Demand Stayed Subject To ₹14 Lakh Deposit: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has granted conditional relief...

Political Donation Deduction Disallowance Does Not Automatically Establish Misreporting: CIT(A)

The Commissioner of Income Tax (Appeals), through the National Faceless Appeal Centre (NFAC), has...

Interest Rate on Delayed Foreign-Currency Receivables Is Question of Fact: Karnataka HC

The Karnataka High Court has dismissed the Income Tax Department’s appeal against a tribunal...

Electricity Subsidy Reducing Manufacturing Costs Is Taxable Revenue Receipt: Supreme Court

The Supreme Court has held that an electricity subsidy granted to reduce power costs...

Less Than 3 Days To Reply, Emailed Documents Ignored: Rajasthan HC Quashes Income Tax Assessment With Over ₹6.9 Crore Addition

The Rajasthan High Court has set aside a faceless income tax assessment order involving...

Hearing Is Mandatory, Not a Formality: ITAT Quashes Ex Parte Tax Appeal Orders Over Unproven Service of Notices

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has set aside two...

No Concealment Penalty For Debatable Transfer Pricing Adjustments In ₹44.06 Crore Dispute: ITAT

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

Rs. 497.74 Crore Offshore Capital Gains Not Taxable In India; Domestic Indirect Transfer Rules Can’t Expand Treaty Rights: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that capital...

Income Tax Addition Can’t Rest On Uncorroborated Papers And Retracted Statement: Calcutta High Court

The Calcutta High Court has upheld the deletion of a ₹11.35 crore addition under...

Reassessment Scrutiny Can’t Begin Before Taxpayer’s Objections Are Decided: Bombay HC Quashes Premature Notices

The Bombay High Court has held that an Assessing Officer cannot issue scrutiny notices...

Commercial Property Can’t Bar ₹2.63 Crore Capital Gains Exemption: ITAT

The Income Tax Appellate Tribunal (ITAT), Chandigarh, has held that a commercial property cannot...

Latest articles

ITC Refund Allowed on Tea Packaging Taxed at 18% Despite 5% GST on Tea: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Kolkata Bench, has upheld refund claims...

Interest Can’t Be Levied on Grounds Beyond GST Notice: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), State Bench at Cuttack, has held...

Cancelled E-Way Bills Alone Can’t Prove Tax Evasion; Transaction-Wise Verification Required: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), State Bench at Agra, has held...

Invoices Produced 3 Months After GST Search Can’t Cure Missing Transit Documents: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), State Bench at Agra, has dismissed...