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CBDT Issues Revised Guidelines For Compounding of Offences Under...
The Central Board of Direct Taxes (CBDT) has issued Revised Guidelines for compounding of offences under the Income- tax...

Royalty Imposed By Municipal Corporation On Advertising Companies For...
The Supreme Court has held that 'royalty' imposed by Municipal Corporation on the advertising companies for putting up...

Cheque For Refund Issued By Income Tax Dept. Bounced Despite Court’s...
The Punjab and Haryana High Court has directed the departmental action against the income tax officials as the cheque...

Uncontrolled Entities As Comparables For Determining ALP; Delhi High...
The Delhi High Court remanded the matter to Income Tax Appellate Tribunal (ITAT) in an appeal challenging uncontrolled...

BREAKING | CA Files PIL Before Gujarat High Court Challenging...
Today, CA Chintan Nareshkumar Patel has filed a Public Interest Litigation (PIL) challenging the action of the...

Know Revised TDS Rates Chart for AY 2025-26 Effective From October...
The Central Board of Direct Taxes (CBDT) has notified the revised TDS rates chart for AY 2025-26 effective from October...

Plea Challenging Genuineness Of Transaction Can’t Be Raised In Appeal...
The Karnataka High Court while dismissing the appeal of the Department held that plea challenging genuineness of...

AO Accepted Co-Owner’s Indexed Renovation Expenses, Assessee Not...
The Gujarat High Court has held that the assessing officer (AO) accepted the co-owner's indexed renovation expenses, and...

Capital Gains Computed On Depreciable Asset To Be Given Benefit Of...
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) comprising of Amit Shukla (Judicial Member), Vikas Awasthy...

Section 80IA Deduction Allowable On Port Infrastructure Development:...
The Calcutta High Court while upholding the order of Income Tax Appellate Tribunal (ITAT) held that section 80IA...

No Addition Is Permissible Unabated Assessments Unless Based On...
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has held that no addition is permissible unabated assessment...

Penalty Under Section 270(A) Discretionary In Nature, ITAT Deletes...
The Banglore Bench of Income Tax Appellate Tribunal (ITAT) has held that the penalty under Section 270(A) of the Income...
