The Delhi High Court on Friday rejected the Congress party’s petitions challenging the reassessment proceedings initiated against it by the Income Tax (IT) Department. A division bench of Justices Yashwant Varma and... Read more »
The Income Tax Appellate Tribunal has rejected the Congress party’s appeal against a penalty of Rs 210 crore for discrepancies in its past tax returns. The tribunal’s decision was announced on Friday,... Read more »
The Delhi High Court has dismissed NewsClick plea challenging the orders dated November 3 and February 20 issued by the Income Tax Department, stating that a prima facie case in its favor... Read more »
A division bench comprising of Justice Rajiv Shakdher and Justice Girish Kathpalia issued the interim order on August 4, 2023, and notified the IT department about Oxfam’s plea challenging the income tax... Read more »
The Supreme Court on Wednesday agreed to hear a plea filed by the Central Bureau of Investigation (CBI) challenging a Gujarat High Court’s decision granting anticipatory bail to Additional Commissioner of Income... Read more »
The Gujarat High Court in the case Map Refoils India Ltd. Versus National Faceless E-Assessment Center observed and the assessment order of income tax worth Rs. 101 crores has been quashed on... Read more »
The Central Board of Indirect Taxes and Customs had issued a clarification to deal with the difference in Input Tax Credit (ITC) which is availed in Form GSTR-3B as compared to that... Read more »
The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) in the case Shri Jay Atulbhai Mody Versus ITO observed and has held that the property transferred by the assessee to his... Read more »
The Lucknow Bench of the Allahabad High Court has sent a Deputy Commissioner of the Income Tax Department to jail and imposed a fine of Rs 25,000 for contempt of court. The... Read more »