Direct Tax

TOLA | Delhi High Court Quashes Reassessment Notice And Order Citing Limitation

The Delhi High Court has quashed the reassessment notice and order citing the limitation.The bench of Justice Vibhu Bakhru and Justice Tushar Rao Gedela...

Delhi High Court Disapprove Dept’s Endeavours To Attribute Excess Profits To Adobe 

The Delhi High Court, in a compelling judgment, frowned upon the department's endeavours to attribute excess profits to an Adobe Enterprise in India by...

Bombay High Court Quashes Reassessment Notices Against Non-Existing Company Despite Full Knowledge Of Merger: Bombay High Court

The Bombay High Court has refused to condone the fundamental error in issuing the impugned notices against a non-existing company despite full knowledge of...

Supreme Court Stays Granting Of Tax Treaty Benefits To Tiger Global In Flipkart Deal [READ ORDER]

The Supreme Court has granted the stay on the Delhi High Court judgement granting Tax Treaty benefits to Tiger Global In Flipkart Deal.The bench...

Andhra Pradesh High Court Quashes Assessment Order Lacking DIN

The Andhra Pradesh High Court has quashed the assessment order lacking Director Identification Number (DIN).The bench of Justice R Raghunandan Rao and Justice Maheswara...

AO Is Not Only Adjudicator But Also an Investigator: Kerala High Court

The Kerala High court has held that the role of the assessing officer under the Income Tax Act, 1961 is not only that of...

Direct Tax Weekly Flashback: 19 to 25 January 2025

Here’s a Direct Tax Weekly Flashback from 19 to 25 January 2025.Delhi High CourtRates Charged By SEB For Supply Of Power Is An Appropriate...

Income Tax Dept. Defrauded By Scammer 60 Times: Scammer Deployed By Aggrieved Businessmen On Commission Basis

Kamlesh Shah, a resident of Science City Road, has been implicated in a widespread scam that defrauded the Income Tax Department in at least...

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