Manu Sharma
Manu Sharma is a tax-law enthusiast who is also a Physics Graduate deeply passionate about gaming, puzzles, technology and movies. With an eye for detail and knack for legal research, Manu plays a crucial role in curating and editing content to ensure accuracy, clarity, and relevance.
Income Tax Alert! DTVSV Scheme, 2024 Extended Deadline Due in 10 Days
In a crucial move to provide relief to taxpayers, the Central Board of Direct Taxes ( CBDT ) had extended the deadline for determining payable...
![CBDT clears Implementation Difficulties Faced under Income Tax Direct Tax Vivad Se Vishwas Scheme, 2024 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CBDT-CBDT-clears-Implementation-Implementation-Difficulties-faced-under-Income-Tax-Direct-Income-Tax-Direct-Tax-Vivad-Se-Vishwas-Scheme-taxscan.jpg "CBDT clears Implementation Difficulties Faced under Income Tax Direct Tax Vivad Se Vishwas Scheme, 2024 [Read Order]")
![Price not Sole Sale Consideration: Supreme Court axes Excise Duty Demands against BPCL [Read judgement]](https://www.taxscan.in/wp-content/uploads/2025/01/Price-not-Sole-Sale-Sole-Sale-Sole-Sale-Consideration-Consideration-Supreme-Court-Excise-Duty-Excise-Duty-Demands-BPCL-taxscan.jpg "Price not Sole Sale Consideration: Supreme Court axes Excise Duty Demands against BPCL [Read judgement]")
![Implementation of Govt Projects not exigible to Service Tax: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Calcutta-high-court-Service-Tax-Implementation-Taxscan.jpg "Implementation of Govt Projects not exigible to Service Tax: Calcutta HC [Read Order]")
No Penalty Imposable u/s 16(7) HP VAT Act w/o Contravention of 16(4): Himachal Pradesh HC [Read Order]
The Himachal Pradesh High Court has ruled that the penalty provision under Section 16(7) of the Himachal Pradesh Value Added Tax (HP VAT) Act, 2005, cannot be applied unless the statutory authority...
Supreme Court of India opens Applications for Law Clerk-cum-Research Associates from Young Advocates [Read Order]
The Supreme Court of India has announced a prestigious opportunity for young legal minds with the release of its advertisement for the engagement of Law Clerk-cum-Research Associates on a short-term...
Income Tax Joint Commissioner cannot grant Reassessment Approvals relying on Rajeev Bansal SC Decision: Delhi HC [Read Order]
The Delhi High Court has clarified that the Supreme Court ruling in Union of India & Ors. v. Rajeev Bansal (2024) does not validate the authority of a Joint Commissioner to grant approval under...
![Income Tax Joint Commissioner cannot grant Reassessment Approvals relying on Rajeev Bansal SC Decision: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Income-Tax-Joint-Commissioner-Joint-Commissioner-grant-Reassessment-grant-Reassessment-Approvals-SC-Decision-Delhi-HC-taxscan.jpg "Income Tax Joint Commissioner cannot grant Reassessment Approvals relying on Rajeev Bansal SC Decision: Delhi HC [Read Order]")
Framing of Transfer Pricing Order against Non-Existent Entity not a Curable Defect: Delhi HC [Read Order]
In a significant ruling, the Delhi High Court on January 17, 2025, dismissed an appeal by the Principal Commissioner of Income Tax against Vedanta Limited, holding that framing a transfer pricing...
![Delhi HC quashes Income Tax Additions based on Historical Data and Facts [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Delhi-High-Court-Income-Tax-Income-Tax-Additions-Income-Tax-Additions-quashed-TAXSCAN.jpg "Delhi HC quashes Income Tax Additions based on Historical Data and Facts [Read Order]")
Unsubstantiated Income shown in ITR: ITAT upholds Estimation of Income at 8% of Gross Receipts by AO [Read Order]
In a notable ruling, the Income Tax Appellate Tribunal ( ITAT ), Chennai Bench, upheld the assessment by the Income Tax Officer ( ITO ) estimating an income of 8% on gross receipts deposited in the...
![Unsubstantiated Income shown in ITR: ITAT upholds Estimation of Income at 8% of Gross Receipts by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chennai-ITR-AO-Unsubstantiated-Income-Taxscan.jpg "Unsubstantiated Income shown in ITR: ITAT upholds Estimation of Income at 8% of Gross Receipts by AO [Read Order]")