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Income-tax Act

S. 68 Can’t Be Used to Tax Rs. 10 Crore Advance in Wrong AY: Delhi High Court

The Delhi High Court has rejected the Income Tax Department’s appeal against an order...

Deputy Commissioner Competent to Issue GST Penalty Notice U/s 122: Allahabad High Court 

The Allahabad High Court has declined to interfere with a GST penalty proceeding challenged...
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What is Form 146 and How Will It Change Foreign Remittances from India Under Income-tax Act, 2025?

With the enforcement of the Income-tax Act, 2025 and corresponding rules, the long-standing Form...

Interest Deduction on Dividend Income to Be Disallowed Under Income-tax Act, 2025 from April 2026

In a significant shift in the taxation of passive investment income, the Union Government...

How To Respond to Notices U/s.142(1) of Income-tax Act, 1961?

Notices issued under Section 142(1) of the Income-tax Act, 1961 are among the most...

ICAI Publishes Bare Law of Income-tax Act, 2025: Key Highlights and Differences from 1961 Act

The Institute of Chartered Accountants of India (ICAI) has released the Bare Law of...

Latest articles

S. 68 Can’t Be Used to Tax Rs. 10 Crore Advance in Wrong AY: Delhi High Court

The Delhi High Court has rejected the Income Tax Department’s appeal against an order...

Deputy Commissioner Competent to Issue GST Penalty Notice U/s 122: Allahabad High Court 

The Allahabad High Court has declined to interfere with a GST penalty proceeding challenged...

DGGI Meerut | Allahabad High Court Grants Bail in ₹293.68 Crore Fake ITC Case

The Allahabad High Court has granted bail to an accused in a major Goods...

GST Penalty Proceedings Must Be U/s 129(1)(a) Where Goods Are Accompanied by Tax Invoice: Allahabad High Court

The Allahabad High Court has partly allowed a writ petition concerning detention of goods...