![Amendment to S.80HHC of Income Tax Act Cannot be applied Retrospectively: Delhi HC Quashes Notices u/s 147/148 [Read Order]](https://images.taxscan.in/h-upload/2026/01/22/500x300_2121432-delhi-high-court-income-tax-act-reassessment-notice-delhi-hc-quashes-notices-income-tax-reassessment-taxscan.webp "Amendment to S.80HHC of Income Tax Act Cannot be applied Retrospectively: Delhi HC Quashes Notices u/s 147/148 [Read Order]")
Amendment to S.80HHC of Income Tax Act Cannot be applied Retrospectively: Delhi HC Quashes Notices u/s 147/148 [Read Order]
In a recent ruling, the Delhi High Court, reinforcing taxpayer certainty and limits on retrospective taxation, quashed a reassessment notice issued...
![Big Relief for Nestlé India: Supreme Court Dismisses ₹101 Crore Income Tax Appeals [Read Order]](https://images.taxscan.in/h-upload/2026/01/22/250x150_2121403-nestl-india-income-tax-case-taxscan.webp "Big Relief for Nestlé India: Supreme Court Dismisses ₹101 Crore Income Tax Appeals [Read Order]")
![CBDT Notification Grants S.10(46) Exemption to WB Construction Workers Board: Calcutta HC Declares Demand & Penalty under IT Act Inconsequential [Read Order]](https://images.taxscan.in/h-upload/2026/01/22/250x150_2121378-cbdt-notification-grants-s1046-exemption-to-wb-construction-workers-board-calcutta-hc-declares-demand-penalty-under-it-act-inconsequential-taxscan.webp "CBDT Notification Grants S.10(46) Exemption to WB Construction Workers Board: Calcutta HC Declares Demand & Penalty under IT Act Inconsequential [Read Order]")
![Income Tax Reassessment Notice for AY 2015-16 Issued Beyond 10 Years is Time-Barred: Delhi HC Quashes Proceedings [Read Order]](https://images.taxscan.in/h-upload/2026/01/22/250x150_2121382-income-tax-reassessment-notice-taxscan.webp "Income Tax Reassessment Notice for AY 2015-16 Issued Beyond 10 Years is Time-Barred: Delhi HC Quashes Proceedings [Read Order]")
![CIT Not Competent Authority to Grant Sanction to Prosecute Income Tax Officer in Corruption Case: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/22/250x150_2121377-cit-not-competent-authority-taxscan.webp "CIT Not Competent Authority to Grant Sanction to Prosecute Income Tax Officer in Corruption Case: Calcutta HC [Read Order]")
AO fails to Conduct Independent Enquiry after Onus Shift: ITAT Upholds Deletion of ₹15 Cr Share Application Money u/s 68 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, has dismissed the appeal filed by the revenue against the order of the Commissioner of Income Tax (Appeals) [CIT(A)] deleting an addition of...
![AO fails to Conduct Independent Enquiry after Onus Shift: ITAT Upholds Deletion of ₹15 Cr Share Application Money u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2026/01/21/500x300_2121129-itat-taxscan.jfif "AO fails to Conduct Independent Enquiry after Onus Shift: ITAT Upholds Deletion of ₹15 Cr Share Application Money u/s 68 [Read Order]")
Income Tax Recovery without Supplying a Copy of Assessment Order Lacks Authority of Law: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that recovery of tax dues without serving the assessment order and statutory demand notice is legally unsustainable. The high court directed the...
![Income Tax Recovery without Supplying a Copy of Assessment Order Lacks Authority of Law: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/21/500x300_2121198-income-tax-recovery-without-supplying-copy-assessment-order-lacks-authority-law-delhi-hc.webp "Income Tax Recovery without Supplying a Copy of Assessment Order Lacks Authority of Law: Delhi HC [Read Order]")
Revised Personal Income Tax Structure under New Tax Regime from FY 2025-26: A look at changes introduced by Finance Act, 2025
The Finance Act, 2025 introduced changes to the personal income tax structure under the New Tax Regime (NTR), providing income tax relief to middle-class taxpayers. The revised provisions are...
Why Section 143(2) Income Tax Scrutiny Notices Flooded Taxpayers in 2025, Steps to be taken before March 31st
In 2025, large number of taxpayers got scrutiny notices under Section 143(2) of Income-tax Act, 1961. These notices issue across different income groups and not limit to any one issue like foreign...
Income Tax order passed against Struck off Company despite being Informed: ITAT quashes Notice and Order [Read Order]
The income tax order passed against a struck off company was quashed by the Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ). It was ruled that proceedings against a struck off company is...
![Income Tax order passed against Struck off Company despite being Informed: ITAT quashes Notice and Order [Read Order]](https://images.taxscan.in/h-upload/2026/01/20/500x300_2120894-income-tax-order-passed-against-struck-company-despite-being-informed-itat-quashes-notice-order-taxscan.webp "Income Tax order passed against Struck off Company despite being Informed: ITAT quashes Notice and Order [Read Order]")
Invoices, E-Way Bills and Bank Payments Prove Purchases: ITAT deletes 100% Disallowance on alleged Bogus Purchase, Limits to 10% [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has deleted 100% disallowance on alleged bogus purchases stating that the purchases were supported by tax invoices, e-way bills, GST...
![Invoices, E-Way Bills and Bank Payments Prove Purchases: ITAT deletes 100% Disallowance on alleged Bogus Purchase, Limits to 10% [Read Order]](https://images.taxscan.in/h-upload/2026/01/20/500x300_2120920-itat-delhi-invoices-e-way-bills-bank-payments-taxscan.webp "Invoices, E-Way Bills and Bank Payments Prove Purchases: ITAT deletes 100% Disallowance on alleged Bogus Purchase, Limits to 10% [Read Order]")