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Booking.com’s Commission Income Not Taxable in India in Absence of PE : ITAT

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

Bombay High Court Quashes Stay Order After Finding Tax Authority Wrongly Taxed Gross Receipts Instead of Income

The Bombay High Court has set aside an order that required the institution to...

Understanding Income from Salary: Key Highlights on HRA, ITR Filing & Tax Deductions

The Income Tax Department has issued a concise visual guide to help salaried individuals...

Extended 10-Year Limitation For Initiating Reassessment Inapplicable Without Escaped Income as ‘Asset’: Delhi High Court

The Delhi High Court has held that the extended 10-year limitation for initiating reassessment...

Assessee Not Liable To Be Taxed On Cancellation Of Indebtedness Income: US Tax Court

The US Tax Court held that the assessee is not liable for tax on...

Top Income Tax Deductions Every Freelancer Should Know

Author: Khushi J PrajapatiWhile freelancing provides the freedom and autonomy to work at your...

Corporation’s Net Income To Be Considered As Taxpayer’s Income Even Though Not Received By Him: US Tax Court

The United States Tax Court has held that the corporation’s net income was the...

Assessee Unaware About Income, Expenses And Tax Law; Canada Tax Court Deletes Gross Negligence Penalty

The Canada Tax Court has deleted the gross negligence penalty against the assessee who...

Income Tax Deduction Allowable On Interest Income Earned From Deposits With Co-operative Banks: ITAT

The Income Tax Appellate Tribunal Ahmedabad ruled that the Income Tax deduction is allowable...

Latest articles

Coal Purchasers Can’t Be Saddled with Clean Energy Cess or Penalty Without Proof of Knowledge: Gauhati High Court

The Gauhati High Court has held that purchasers of coal cannot be made liable...

Delhi High Court Directs Revisional Authority to Decide Customs Revision Within One Month in Gold Jewellery Release Dispute

The Delhi High Court has directed the Customs Revisional Authority to decide a pending...

Appeals in Transitional CENVAT Refund Cases Must Be Filed Before CESTAT: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Thane Bench, has clarified that appeals...