Supreme Court holds that premium earned from sale of export quota cannot qualify for Section 80HHC deduction and that CBDT administrative memoranda cannot override statutory provisions or bind courts.
Read Full ArticleIndia’s new Income Tax Act, 2025 will overhaul ITR filing by FY28, with simplified forms, clearer rules, and a modernised digital compliance framework.
Madras High Court rules income tax reassessment beyond three years invalid without approval from top authority under new regime, ensuring taxpayer safeguards.
The Senior Citizen Rights Handbook is a comprehensive guide designed to empower elderly citizens with clear and accessible knowledge of their legal and social rights in India.
![CBDT Memo Cannot Override Law On Section 80HHC Deduction For Export Quota Premium: SC [Read Judgment]](/secure/uploads/2026/09/lj_7454_ChatGPT_Image_Sep_21,_2026,_01_11_48_AM.webp)
![Income Tax Reassessment After 3 Years Needs Chief Commissioner Approval: Madras HC [Read Order]](/secure/uploads/2025/11/lj_2646_Income_Tax_Reassessment.webp)
