Excess S.80HHC Deduction can be Reopened Even if Original Order was Silent: Madras HC holds Reliance on Expl 2 to S. 142 Valid [Read Order]

The Madras High Court has held that reopening of assessment is valid where excess deduction under Section 80HHC has been granted, even if the original scrutiny assessment order was completely…

Continue ReadingExcess S.80HHC Deduction can be Reopened Even if Original Order was Silent: Madras HC holds Reliance on Expl 2 to S. 142 Valid [Read Order]

AI Assistants Now Buy for Consumers: Centre says Agentic Shopping Emerges, Lists Steps to Protect Traders and MSMEs [Read Order]

The Union Government has acknowledged the rise of AI-driven “Agentic Shopping”, a system where intelligent digital assistants autonomously compare, select and purchase products on behalf of consumers. In a written…

Continue ReadingAI Assistants Now Buy for Consumers: Centre says Agentic Shopping Emerges, Lists Steps to Protect Traders and MSMEs [Read Order]

Relief to Anil Ambani: ITAT deletes Addition based on BUP ID, Says it’s just Internal Identifier Not Bank A/c [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that Business Partner Identification Numbers (BUP ID)s were not bank account but they were internal identifiers and upheld the…

Continue ReadingRelief to Anil Ambani: ITAT deletes Addition based on BUP ID, Says it’s just Internal Identifier Not Bank A/c [Read Order]

UAE Tax Update: Country to Implement Key Tax Law Changes from 2026 – A Must Know for UAE Tax Consultants

The Ministry of Finance, United Arab Emirates ( UAE ), has issued two important legislative changes, Federal Decree ‑ Law 16 of 2025 and Federal Decree‑Law 17 of 2025, amending…

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SC Mandates 30% Quota for Women in State Bar Councils, 20% to be filled by Election and 10% by Co-option[ Read Order]

In a landmark judgment addressing the severe gender imbalance in legal governance, the Supreme Court of India has mandated a 30% reservation for women advocates in State Bar Councils across the country…

Continue ReadingSC Mandates 30% Quota for Women in State Bar Councils, 20% to be filled by Election and 10% by Co-option[ Read Order]

Job Worked Coach Pillars Not Marketable and Liability Lies on Raw Material Supplier: CESTAT Sets Aside Excise Duty Demand [Read Order]

The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed the appeal filed by Polmor Steels Pvt. Ltd., holding that the door pillars and side pillars…

Continue ReadingJob Worked Coach Pillars Not Marketable and Liability Lies on Raw Material Supplier: CESTAT Sets Aside Excise Duty Demand [Read Order]

Blocking ITC Without Independent “Reasons to Believe” Violates Rule 86A of KGST Rules: Karnataka HC Quashes ECL Freeze [Read Order]

The High Court of Karnataka quashed an order blocking the electronic credit ledger (ECL) of the petitioner, a Hubballi‑based firm, under Rule 86A of the Central Goods and Services Tax (CGST/KGST) Rules,…

Continue ReadingBlocking ITC Without Independent “Reasons to Believe” Violates Rule 86A of KGST Rules: Karnataka HC Quashes ECL Freeze [Read Order]

Buyer’s TDS Filing Error Won’t Deny NRI Seller’s Full Credit: Delhi HC Orders Refund Processing [Read Order]

In a recent ruling, the Delhi High Court directed the Income Tax Department to grant full TDS credit to an NRI seller and process a refund, despite a mistake by the property…

Continue ReadingBuyer’s TDS Filing Error Won’t Deny NRI Seller’s Full Credit: Delhi HC Orders Refund Processing [Read Order]