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ITAT Rectification Power U/s 254(2) Can’t Be Used To Re-Argue Merits: Allahabad HC 

The Allahabad High Court has held that the Income Tax Appellate Tribunal’s power under...

Income Tax Dept. Prioritises Rs. 5 Crore+ Tax Cases

The Income Tax Department has introduced a new litigation management strategy for FY 2026–27...

IEX Rates Can’t Be Used As Benchmark For Transfer Pricing Of Captive Power Supply: Delhi HC

The Delhi High Court has dismissed an appeal filed by the Income Tax Department...

Software Payments Not Taxable As Royalty: Delhi HC

The Delhi High Court has dismissed appeals filed by the Income Tax Department against...

Capital Introduced From AOP Funds Cannot Be Treated As Cessation Of Liability: ITAT Deletes Addition 

The Dehradun Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

ITAT Deletes Additions Based on WhatsApp Chats

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted multiple additions...

ITAT Quashes S. 153C Proceedings Over “Common, Vague and Mechanical” Satisfaction Note

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed proceedings initiated...

Bright Line Test Not Recognised Under Income Tax Law: Delhi HC Dismisses Appeal Against Sony India

The Delhi High Court has dismissed the Income Tax Department’s appeal against Sony India...

Supreme Court Settles AY 2015-16 JAO vs FAO Reassessment Dispute: 148 Notices Held Time-Barred if Issued by JAO

The Supreme Court has effectively brought finality to the long-running controversy surrounding reassessment notices...

Genuine Adjournment Request Deserved Consideration: Delhi HC Restores Sports Trust’s Registration Plea

The Delhi High Court has quashed the orders passed by the Commissioner of Income...

Income Tax Dept. Uncovers Rs. 65,000 Crore Discrepancies in Property Transaction Reporting

The Income Tax Department conducted survey and spot verification operations at sub-registrar offices...

Supreme Court Dismisses Maharashtra Govt’s SLP Against Rectification of Inadvertent Return Filing Errors After Due Date

The Supreme Court has dismissed a Special Leave Petition (SLP) filed by the State...

Latest articles

ITAT Rectification Power U/s 254(2) Can’t Be Used To Re-Argue Merits: Allahabad HC 

The Allahabad High Court has held that the Income Tax Appellate Tribunal’s power under...

Delayed Payment Charges On Stock Broking Advances Are Interest, Not Taxable Service: CESTAT

The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Mixed Iron Ore Consignments To Be Treated As Iron Ore Fines: CESTAT 

The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

ITC Blocking Without Reasoned Order Violates Rule 86A; Punjab & Haryana HC Directs Release of Credit

The Punjab and Haryana High Court has held that the blocking of Input Tax...