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Excess Royalty Refunded Under APA Cannot Be Taxed: Bombay High Court

The Bombay High Court has held that excess royalty refunded under Advance Pricing Agreement...

No ‘On-Money’ Addition Solely Based on Unsigned Excel Sheet Found from Third Party: ITAT 

The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has held that additions...

Reassessment Notice Issued Beyond ‘Surviving Time’ Limit Under TOLA Quashed: Gujarat HC

The Gujarat High Court has quashed a reassessment notice issued under Section 148 and...

Wrong Selection of S. 10(23C) Instead of S. 12AB Requires Fresh Examination Under CBDT Circular: Kerala High Court

The Kerala High Court has held that the wrong selection of section 10(23c) instead...

Pre-29 March 2022 Faceless Reassessment Orders Valid: ITAT 

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) had upheld the validity...

Gains from Strategic Investments and Venture Capital Funds Taxable as Capital Gains, Not Business Income: ITAT

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

ITAT Restores Ex Parte Reassessment Case After 1-Year Delay Subject To  Deposit Of Rs. 15K

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has condoned a delay...

Leave Encashment Earned During Central Government Service Eligible for Full Tax Exemption: CIT(A) [READ ORDER]

A significant relief has been granted to a retired Bharat Sanchar Nigam Limited (BSNL)...

CA Can’t Be Taxed on Client Funds Used for Statutory Payments: ITAT Deletes Rs. 29.87 Crore Addition

The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has held that CA can’t...

Faceless Reassessment Invalid if Completed Before Notification of Faceless Income Escaping Assessment Scheme: ITAT 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a reassessment...

PF/ESI Delay Disallowance Can’t Be Made Through S. 143(1) Adjustment When Issue Was Debatable at the Relevant Time: ITAT

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

Marriott International Assessments Quashed As Income Tax Dept. Bypassed Mandatory Draft Assessment Process: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed assessment orders...

Latest articles

Owners Entitled to Current Gold Value Where Customs Sold Seized Gold Without Prior Notice: Madras HC

The Madras High Court has held that the owners are entitled to current gold...

JURISHOUR | TAX LAW DAILY BULLETIN : 16 June, 2026

Here’s the Tax Law Daily Bulletin for June 16, 2026.GSTUNDER-DECLARATION OF TURNOVER JUSTIFIES ACTION...

GST | ‘System Generated’ SCN Without Officer Details Invalid: Allahabad HC

The Allahabad High Court has quashed a GST registration cancellation order and the underlying...

GST on Gold Jewellery vs Gold Biscuit

Gold is emotional for Indian households, but its GST treatment is often misunderstood. Many...