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 ArticleDelhi High Court quashes a Section 148 reassessment notice, holding that reopening an assessment on a transaction already examined during scrutiny amounts to an impermissible change of opinion.
Delhi High Court holds that taxing the same income twice constitutes genuine hardship under Section 119(2)(b), allowing Sojitz Asia to file a revised return for AY 2016-17 after six years.
Delhi High Court directs refund of over ₹53 crore to Vodafone Idea, holding that Form 26B cannot be insisted upon for refunds arising from assessment or appellate orders.
Supreme Court holds that the Section 60(1)(ccc) CPC exemption protecting a judgment-debtor's residential house from attachment is personal and cannot be claimed by legal representatives.
Understand the taxation of Virtual Digital Assets under the Income Tax Act, 1961, covering crypto gains, business income, gifts, and key judicial rulings.
ITAT Delhi deletes ₹3,885 crore angel tax addition against OYO, holding Section 56(2)(viib) cannot apply to intra-group capital infusion.
CIC rules BCCI is not a ‘public authority’ under the RTI Act, holding it receives no substantial government control or financing.
Mumbai ITAT deletes ₹11.59 crore addition under Section 69A, holding broker’s papers and a retracted statement insufficient to prove alleged on-money receipts.
Delhi High Court upholds CAT order cancelling AIIMS doctor’s EWS appointment, holds junior residency pay counts as gross annual income.
ITAT Mumbai dismisses Revenue appeals, upholding deletion of ₹35.87 crore addition on cash withdrawals made for construction business expenses.
Supreme Court denies DTAA capital gains exemption to Tiger Global’s Mauritius entities in Flipkart exit, ruling on indirect transfers and GAAR scope.
Indian business families urge SEBI to recognise daughters-in-law as relatives under takeover norms, citing succession planning, trusts, gender equality and compliance risks.
Madras High Court rules reassessment under Income Tax Act is valid where original assessment is silent on Section 80HHC deduction; not a change of opinion.
ITAT Mumbai holds reassessment notice issued by Jurisdictional AO instead of Faceless AO void ab initio; assessment quashed for AYs 2020-21 to 2022-23.
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)
![Reassessment On Transaction Already Scrutinised Amounts To Change Of Opinion: Delhi HC [Read Order]](/secure/uploads/2026/09/lj_2997_ChatGPT_Image_Sep_19,_2026,_02_50_14_AM.webp)
![Taxing Same Income Twice Amounts To ‘Genuine Hardship’ Under Section 119(2)(b): Delhi HC [Read Judgment]](/secure/uploads/2026/09/lj_1918_delhi_hc_double_taxation_thumbnail_with_logos.webp)
![Exemption From Attachment of Judgment-Debtor's House Does Not Extend to Legal Heirs : SC [Read Judgment]](/secure/uploads/2026/08/lj_6251_ChatGPT_Image_Aug_18,_2026,_03_54_05_AM.webp)
![OYO Wins Rs 3,885 Crore Tax Battle: ITAT Delhi Holds Angel Tax Provision Cannot Apply To Intra-Group Capital Infusion [Read Order]](/secure/uploads/2026/06/lj_1608_OYO_Wins_Rs_3885_Crore_Tax_Battle.webp)
![BCCI Not a Public Authority Under RTI Act, Rules Central Information Commission [Read Order]](/secure/uploads/2026/05/lj_7442_BCCI_Not_a_Public_Authority.webp)
![ITAT Mumbai Deletes ₹11.59 Crore Addition Under Section 69A; Broker’s Papers and Retracted Statement Held Insufficient [Read Order]](/secure/uploads/2026/03/lj_9711_ITAT_Mumbai_Deletes.webp)
![Delhi HC Upholds CAT Order Cancelling AIIMS Senior Resident’s EWS Appointment; Holds Junior Residency Pay Counts as “Gross Annual Income” [Read Judgment]](/secure/uploads/2026/02/lj_7107_Delhi_HC_Upholds_CAT_Order.webp)
![ITAT Mumbai Upholds Deletion of ₹35.87 Crore Addition on Cash Withdrawals Made for Construction Business [Read Order]](/secure/uploads/2026/02/lj_7820_ITAT_Mumbai_Upholds.webp)
![SC Upholds Tax on Tiger Global’s Flipkart Exit, Denies Mauritius DTAA Capital Gains Exemption [Read Judgment]](/secure/uploads/2026/02/lj_1310_SC_Denies_DTAA.webp)
![ITAT Mumbai: Reassessment Notice Issued by Jurisdictional Assessing Officer Instead of Faceless Assessing Officer Held Void Ab Initio; Assessment Proceedings Quashed [Read Order]](/secure/uploads/2025/12/lj_1681_ITAT_Mumbai_Reassessment.jpeg)
