Income Tax Act
Direct Tax
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...
GST
Reply to SCN Can’t Be Treated as “Empty Formality”: Orissa High Court Quashes GST Demand of Rs. 57.30 Lakh
The Orissa High Court has quashed a GST demand order and subsequent rectification proceedings...
Columns
Search & Seizure Under India’s New Income Tax Act, 2025
What Are Search & Seizure Powers?What Changes Under the New Income Tax Act, 2025?1....
Direct Tax
Reassessment Void for Want of Mandatory Approval Under Section 151 of Income Tax Act: Calcutta HC
The Calcutta High Court has dismissed an appeal filed by the Income Tax Department,...
Direct Tax
Income Tax Dept to Notify New ITR Forms by January; Income Tax Act, 2025 to Take Effect From April 2026
The Income Tax Department is set to issue revised Income Tax Return (ITR) forms...
Direct Tax
Gift From Brother-in-Law is Exempted U/s 56 Of Income Tax Act: ITAT
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has held that a gift...
Direct Tax
S. 263 Of Income Tax Act Can Be Invoked When AO Fails To Address Core Issue In Assessment Order: Kerala High Court
The Kerala High Court has ruled that the Income Tax Department is justified in...
Direct Tax
Section 50C Of Income Tax Act Not Applicable On Transfer Of Lease Hold Rights: ITAT
The Delhi Bench of The Income Tax Appellate Tribunal held that S. 50C of...
Direct Tax
Cash Loans Above Rs. 20K in Violation of Income Tax Act Not Legally Enforceable Debt: Kerala High Court
The Kerala High Court has ruled that cash loans exceeding Rs. 20,000, in violation...
Direct Tax
Assessee Can’t Be Penalised U/s 271(1)(c) Of Income-tax Act For Merely Raising Plausible Claim: Bombay High Court
The Bombay High Court has held that the assessee cannot be penalised under section...
Columns
Take Care Of Disabled Dependents And Get Relief Under Section 80DD Of Income Tax Act: Know How
Do you know taking care of the Disabled Dependents will help you get more and...
Direct Tax
Kerala High Court Uphold Constitutional Validity Of Provision Mandating FIFO/Weighted Average Cost Method Of Computation For Assessees Under ‘Profits and Gains of Business And...
The Kerala High Court has upheld the constitutional validity of Section 145A of the...
Latest articles
Direct Tax
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...
GST
Reply to SCN Can’t Be Treated as “Empty Formality”: Orissa High Court Quashes GST Demand of Rs. 57.30 Lakh
The Orissa High Court has quashed a GST demand order and subsequent rectification proceedings...
GST
Punjab & Haryana HC Quashes GST Cancellation Notice for Failure to Provide CBIC Enquiry Report
The Punjab and Haryana High Court has set aside a show cause notice issued...
Indirect Taxes
‘Melon Seeds’ And ‘Green Peas’ Smuggling Worth Rs. 150.33 Crore: Mumbai Court Grants Bail to Importer
The Mumbai Court grants bail to importers involved in the smuggling of 'melon seeds'...