Bombay HC Quashes Income Tax Assessment Over Use of AI-generated Case Laws
The Bombay High Court quashed an income tax assessment after finding that the Assessing Officer relied on non-existent, AI-generated case […]
Income Tax Case Update
Tax claims in India by foreign companies without office or active contracts valid: Supreme Court
Foreign-owned companies can now be treated as carrying on business in India even without active contracts, a physical office, and
TDS mismatch can’t cost you Rs 1 crore: ITAT Mumbai quashes tax demand on Form 26AS
In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax
Delhi HC stays Rs 329 cr tax penalty on Vivo Mobile India, seeks I-T dept response
The Delhi High Court on Thursday stayed the recovery of Rs 329 crore penalty imposed by the income tax department
Delhi HC clarifies tax treatment of Category III AIFs: What changes and why it matters
The Delhi High Court has recently settled a long-standing ambiguity around the tax treatment of Category III Alternative Investment Funds
Category III AIFs get tax relief as Delhi HC reads down CBDT circular
The Delhi High Court has provided long-awaited tax clarity related to a circular issued by the Central Board of Direct
Delhi High Court stays ₹1,140 crore angel tax demand on OYO
The Delhi High Court has stayed a ₹1,140 crore angel tax demand raised by the Income Tax Department against OYO’s
NRI wins capital gains tax case in Delhi High Court regarding sale of Rs 2 crore property despite Rs 46 lakh tax demand notice
An non-resident Indian (NRI) residing in the United States of America had to go through a very challenging time when
ITAT relief to IMA Kerala in Rs 1.81 crore income tax dispute
In a relief to the Indian Medical Association (IMA) Kerala State Branch, the Cochin Bench of the Income Tax Appellate
Larger Bench of Delhi High Court to decide key question on IT reassessment of foreign assets
The Delhi High Court has referred to a larger bench the question of whether income tax reassessment notices issued after
