HIGH COURT JUDGEMENT

Gujarat High Court Upholds Reassessment Based on Bogus Entry Information Introduction In a recent decision, the Gujarat High Court upheld the validity of reassessment proceedings initiated against Backbone Projects Limited,…

No More Tax Shackles! Madras HC Orders Property Release After Tribunal ReliefIntroduction In a significant relief for taxpayers, the Madras High Court has ruled that once the Income Tax Appellate…

Bombay HC: Holding a Mauritius TRC Enough to Claim Tax Exemption on Capital Gains Introduction In a landmark decision, the Bombay High Court has held that a Mauritius-resident company is…

New 20% Tax Deposit Mandate by Rajasthan HC Explained The Rajasthan High Court has issued a significant ruling impacting reassessment cases under the Income Tax Act, 1961. In a recent…

Impact of Delhi High Court Decision on Dowry-Related Tax Claims Introduction In a significant ruling, the Delhi High Court has rejected a petition filed by Ateesh Agarwal, who sought a…

ITAT Pune Ruling Invalidates Reassessment Due to AO's Oversight Introduction In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Pune Bench "A" addressed the validity of a reassessment initiated…