Direct Tax
ITAT Quashes Revision Order Passed By PCIT Without Citing That Prior Approval U/S 153D Was Erroneous
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has quashed revision order passed by the Principal Commissioner of Income Tax (PCIT) without citing...
Delhi High Court Quashes S. 271(1)(c) Penalty Citing Absence Of Specific Charge In Notice
The Delhi High Court has quashed the penalty under Section 271(1)(c) of the Income Tax Act, 1961 citing absence of specific charge in notice.
The...
BREAKING | CBDT Notifies Condonation Of Delay In Filing Of Form No. 9A, 10, 10B, 10BB
The Central Board of Direct Taxes (CBDT) has notified the condonation of delay in filing of Form No. 9A, 10, 10B, 10BB.
In supersession of...
Bombay High Court Quashes Order For Non-Addressing Issue Of Waiver Of Interest, Attributable To COVID-19 Pandemic
The Bombay High Court has quashed the order for non-addressing the issue of waiver of interest, attributable to COVID-19 pandemic.
The bench of Justice G....
GST Can’t Be Included In Computing Deemed Income: ITAT
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that Goods and Service Tax (GST) cannot be included while computing deemed income...
Direct Tax Weekly Flashback: 10 November 2024 to 16 November 2024
Direct Tax Weekly Flashback for the period 10 November 2024 to 16 November 2024.
Table of Contents - Direct Tax Weekly FlashbackSupreme Court TDS Is Deductible...
BREAKING | Union Budget 2025: CBDT Working On Simplified Version Of Income Tax Laws
The Union Government is preparing the Union Budget 2025, which shall be presented on February 1, 2023, the Central Board of Direct Taxes (CBDT)...
Delhi High Court Refuses To Condone AO’s 2 Minutes Delay In Issuing Reassessment Notice; Quashes Notice Being Time Barred
The Delhi High Court has refused to condone 2 minutes delay in issuing reassessment notice by the Assessing Officer (AO).
The bench of Justice Vibhu...