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Indexation Benefit on LTCG Available Only from Date of Builder Buyer Agreement, Not Provisional Allotment: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that indexation on...
Deductions Under Income Tax: Computation Methods, Regime Comparison, and Procedural Changes in New Income Tax Act [Old vs New Income Tax]
The Indian income tax framework has undergone significant transformations, particularly...
GST Dept Liable to Pay Interest for Delayed Re-Credit of Rejected Refund Due to Technical Glitches: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that...
GSTAT revokes Staggered Filing of Appeals u/s 112, allows Unrestricted E-Filing from December 18 [Read Circular]
The Goods and Services Tax Appellate Tribunal ( GSTAT )...
Real Estate Broker’s Excel Sheet Triggers ₹48 Lakh ‘On-Money’ Income Tax Addition: ITAT Gives Relief to Homebuyer [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT)...
*Service Tax on Access to Amusement Facilities Unconstitutional: Kerala HC sets aside Demand*
“Attempt to impose service tax on “access to amusement facilities”...
How Much Cash is Too Much? Understanding Permissible Limits on Holding, Carrying and Transacting Cash in India
We live in an age where technology is growing by...
Indian Currency is ‘Goods’ Under Customs Act, Seizure without issuing SCN within Six Months is Illegal: Madras HC [Read Order]
In a recent ruling, the Madras High Court held that...
Income Tax Deductions u/s 80IA and 80HHC can be Claimed Together Subject to 100% Profit Cap: Madras HC
In a recent ruling, the Madras High Court held that...
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...
Parliament Winter Session 2025: Discussion on Tax and Company Law [Quick Recap]
The Winter Session of Parliament, currently underway in New Delhi...
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...
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)...
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 ),...
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...
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...
Calcutta HC Confirms Bail on SSC Scam, Cites Discrepancies in CBI/ED Case [Read Order]
The Calcutta High Court, in an order delivered, has confirmed...
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...
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...
Indexation Benefit on LTCG Available Only from Date of Builder Buyer Agreement, Not Provisional Allotment: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that indexation on...
GSTN: Automatic GST Suspension if Bank Account Details Not Furnished within 30 days of Registration
TheGoods and Services Tax Network (GSTN) has announced that GST registrations...
GSTR-3B to become Non-Editable: GSTN Issues Advisory
The Goods and Services Tax Network (GSTN) has issued an...
Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench, has dismissed...
Income Tax Dept cannot Recover beyond 20% of Disputed Demand by Adjusting Refund: Calcutta HC [Read Order]
The Calcutta High Court has held that the tax authorities...
Nestlé India Receives ₹16.56 Crore GST Demand Order u/s 74 of CGST
Nestlé India Limited, one of India’s leading food and beverage...
Scrap Sales & Incidental Receipts Linked to Eligible Undertaking Qualify for S.10A Deduction: Madras HC Rules in Favour of Cognizant [Read Order]
The Madras High Court in a recent case, has ruled...
Construction of Govt. Residential Quarters to GSPHCL Not Taxable: CESTAT Drops Service Tax Demand on Works Contract but Upholds GTA Liability [Read Order]
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal...
Illegal arrest by ED : Bombay HC Grants Bail to Kenyan National in PMLA Case [Read Order]
The Bombay High Court has granted bail to a Kenyan...
Cash Sales of Jeweller on Demonetisation Day Held Genuine: ITAT Deletes S.68 Addition as Books Were Not Rejected [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT)...
BookMyShow Only Facilitates Ticketing, Not Engaged in Trading Activity: CESTAT Rules Against Revenue [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT...
₹849 Crore Remittance Allegations Fail: ICAI Finds No Lapse by CAs in Form 15CB Issuance [Read Order]
The Disciplinary Committee of the Institute of Chartered Accountants of...
Continuing Guarantees in Corporate Transactions: Legal Framework and Emerging Jurisprudence
Guarantees are essential in commercial transactions, providing creditors with assurance...
RBI Revises FEMA Rules on Carrying Indian Currency to and from Nepal, Bhutan, Pakistan & Bangladesh [Read Circular]
The Reserve Bank of India (RBI) has amended the Foreign Exchange...
Preity Good News!’ ITAT Quashes ₹10.84 Cr Income Tax Addition against Bollywood Actress Preity Zinta [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT)...
Supreme Court rejects Split view of Manufacturing Process Leading to One Final Product, upholds Excise Duty Demand on Cotton Processor [Read Order]
In a recent ruling, the Supreme Court has held that...
Audit Regulator Falls Silent: Why has NFRA Not Released any Disciplinary Orders Since February?
The National Financial Reporting Authority ( NFRA ), India’s auditing...
Unlocking GST: Understanding the E-Way Bill Requirement for Imported Goods [Find Draft Reply Format Here]
GST is a destination-based tax on the consumption of goods...
Supplier Default & GST ITC Reversal: what Businesses Need to Know [Find Draft Reply to SCN Here]
In India, the Goods and Services Tax ( GST )...
S. 83 Attachment under GST Lapses after One Year: Delhi HC orders Release of Bank A/c subject to Rs. 10L Min Balance [Read Order]
The Delhi High Court held that a provisional attachment order...
GST: Gujarat HC Protects Assessee from Section 74 Action amid Dispute on Input Credit Distribution [Read Order]
The High Court of Gujarat has granted interim relief to...
GST Registrant Exploits Systemic Gaps to Utilise Fake ITC: Rajasthan HC says Procedural Lapses Cannot Overshadow Fraud Committed [Read Order]
The Rajasthan High Court (Jaipur Bench) has dismissed a writ...
Challenge to ITC Reversal not Entertained under Article 226: Madras HC Declines Interference with GST Order Confirming Demand [Read Order]
The Madras High Court, declined to interfere with an order...
Two GST Appeals filed Challenging Same Adjudication Order: Orissa HC Treats Later Appeal as Non Est [Read Order]
Two GST Appeals Filed Challenging Same Adjudication Order: Orissa High...
Supreme Court & High Courts Weekly Round-Up
This weekly round-up analytically summarises the key stories related to...
39,446 MSMEs shut shop in FY 2024-25: MoS Attributes Deregistration to Multiple Business Factors
The Government has confirmed that 39,446 Micro, Small and Medium...
Income Tax Compliance Calendar for December 2025
December is one of the most compliance-heavy months for taxpayers,...
GSTR-9 IGST ITC Eligible for Adjustment Despite Non-Claim in GSTR-3B: Calcutta HC Remands Matter [Read Order]
The Calcutta High Court has held that unclaimed Input Tax Credit (...
Gujarat HC Remands ICAI’s 5-Year Removal Recommendation Against CA Accused of Misconduct in MMCB Scam [Read Order]
The Gujarat High Court has remanded the recommendation of the...
GST Proper Officer states ‘Not Agreed With Taxpayer’ But fails to Explain for Dropping Demand: Delhi HC Directs for Explanation [Read Order]
The Delhi High Court has directed the Department to explain...
ITAT Weekly Round-up
This weekly round-up encapsulates the key stories related to the Income...
CESTAT Weekly Round-up
CESTAT Holds Paper Biri Not Classifiable as Cigarettes, Rejects Central...
Forged Rent Deed used before GST Dept: P&H HC says ‘Petitioner do not Deserve the Concession of Anticipatory Bail [Read Order]
In a recent ruling, the Punjab & Haryana High Court...
Relief Denied in ₹100 Cr GST Fake ITC Case: Rajasthan HC Says ‘He Who Comes Into Equity Must Come With Clean Hands’ [Read Order]
The Rajasthan High Court has dismissed a writ petition filed...
Redevelopment Rights Not ‘Assets’ Under IBC if Agreement Lawfully Terminated Before Insolvency: SC [Read Order]
The Supreme Court has dismissed an appeal filed by a developer, which...
GST Authorities Cannot ‘Shy Away’ from Issuing Form GST MOV-09 when Amount Paid under Protest or Not: Allahabad HC [Read Order]
The Allahabad High Court has held that GST ( Goods...
Bombay HC Rejects Discharge Plea of CGST Officers in Rs. 1000 Bribery Case [Read Order]
The Bombay High Court held that the trial court was...
CA Ignores ICAI’s Technical Guide on Share Valuation: ITAT finds CA Certificate Defective, upholds Tax on Excess Share Premium u/s 56(2)(viib) [Read Order]
The Income Tax Appellate Tribunal (ITAT) Bench at Rajkot has...
GST Annual Return: Checklist for GST Review [Read Checklist PDF]
A GST annual return can feel overwhelming, but it does...
GST Cancellation without reason is ‘Economic Death’ and Unlawful: Allahabad HC [Read Order]
The Allahabad High Court has set aside an order cancelling...
Nine-Month Delay in Filing Revised ITR “Too Huge”: Delhi HC refuse to Condone Delay [Read Order]
The Delhi High Court has dismissed a petition filed challenging...
Govt Faces ₹8.8 Lakh Crore Revenue Hit from GST Evasion & ITC Frauds in Five Years [Read Order]
The country has suffered a huge ₹8.8 lakh crore revenue...
GST payer alleges Order dated March 2022 uploaded on August 2022: Calcutta HC orders Appellate Authority to Re-examine Date [Read Order]
In the recent case, the Calcutta High Court quashed the Goods...
RBI New Credit Reporting Rules require Weekly CIBIL Updates: Faster Loan Sanctions & EMI Payment Confirmations
The Reserve Bank of India (RBI) has proposed a major...
NFRA Chief Flags Governance Lapses, Seeks Stronger Audit Oversight and Self-Regulation
The National Financial Reporting Authority (NFRA) has raised concerns over...
S. 130 Proceedings under GST cannot be Initiated against Excess Stock Found During Survey: Allahabad HC [Read Order]
In a recent ruling, the Allahabad High Court has held...
GST Seizure for Alleged Reuse of E-Way Bill Unsustainable Without Enquiry: Allahabad HC Quashes Proceedings [Read Order]
The Allahabad High Court has held that a seizure of...
Property not Proven as Agricultural Land: DRAT dismisses Appeal against PNB in SARFAESI Case [Read Order]
The Debts Recovery Appellate Tribunal ( DRAT ) in Chennai...
Cash Payment Disallowance u/s 40A(3) Partially Upheld: ITAT Remits for Verification of Government Cess Payment [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) provided partial...
Taxpayer Files Writ without Submitting GST Reply: P&H HC Directs to File Response to SCN in ITC Difference Matter [Read Order]
In a recent case, the Punjab & Haryana High Court held that...
Sale Proceeds Recorded in Books Cannot be Recharacterized as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]
The Visakhapatnam Bench of the Income Tax Appellate Tribunal (ITAT)...
Gujarat HC strikes Down GST demand u/s 74 ruling No GST leviable on Leasehold Assignments [Read Order]
The Gujarat High Court ruled that assignment of long-term leasehold...
2 Persons, 1 PAN: Madras HC Orders Income Tax Dept to Allot New Number After Original Holder Denied Loans Over Low CIBIL [Read Order]
The Madras High Court recently directed the Income Tax Department to allot...
Govt brings Major Amendments to Capital Gain Accounts Scheme: Know Complete details [Read Notification]
The Ministry of Finance has notified the Capital Gains Accounts...
Wage Code Implementation: Key Provisions Employee – Employer Must Know Detailed
On 21 November 2025, the Central Government notified the implementation...
Special Tax Regimes—A Comprehensive Analysis
This analysis provides a statutory and strategic examination of the...
Hindu Undivided Family (HUF): An Analysis of Structure, Taxation, and Compliance under the Income Tax Act, 1961
I. Statutory and Operational Foundation of the HUF A. Defining...
Attachment Powers Under the Income Tax Act vs. the PMLA
Introduction The implementation of tax and anti-money laundering laws in...
Taxpayer to Prove Fund Flow of Loans through Partner’s Repayments to HUFs: ITAT Remands Unsecured Loan Addition Matter [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT)...
Constitution Day: Reflecting on India’s Living Charter of Democracy and Rights
Each year on 26 November, India observes Constitution Day to...
Understanding GST ITC Mismatch During Conversion from Composition Dealer to Regular Dealer [Find Draft Reply Here]
Under the Goods and Services Tax (GST) framework, taxpayers registered...
When Goods Are Detained for Alleged Undervaluation: The Legal Context and Importance of a Reply Under GST [Find Draft Reply Here]
Several judicial decisions have reinforced that undervaluation is not a...
Blaming Lawyer’s Negligence Not Enough: Kerala HC Dismisses 329-gram Gold Confiscation Case [Read Order]
The Kerala High Court dismissed a writ petition challenging the...
Are Gift Transfers Immune? Examining ED’s Power to Attach Assets Under PMLA
The attachment of gifted assets has emerged as one of...
Missed ITR Amid Illness Lands 82-Year-Old in Tax Battle, Gujarat HC Steps In [Read Order]
The Gujarat High Court set aside the Commissioner’s order under...
Benami Proceedings Based on ‘Kachcha Paper’ Require Scrutiny: Allahabad HC Admits Appeals Against Benami Tag on Cash Seized During Raid [Read Order]
The Allahabad High Court admitted three connected appeals holding that...
Complex GST ITC Fraud Requires Factual Determination: Delhi HC Rejects Writ Jurisdiction and Directs Appellate Remedy [Read Order]
The Delhi High Court recently declined to exercise its writ...
Retrospective Cancellation of GST Regn.: Delhi HC Revises Effective Date from 2017 to 2021 After Confirming No Fraudulent ITC Availed [Read Order]
The Delhi High Court recently modified the effective date of...
Notice Must Be ‘Issued’, Not Merely Generated: Delhi HC rules Income Tax Reassessment Notice Time-barred with 1 day Delay [Read Order]
The Delhi High Court has set aside the income tax...
India Implements Four Labour Codes Replacing 29 Old Laws with effect from November 21
The Central Government has announced the official implementation of the...
Date of GST Notice and Personal Hearing alleged to be Same: Allahabad confirms Such Practice should Discontinued [Read Order]
The Allahabad High Court has confirmed that issuing a GST...
Guidelines on Costs for Compounding Cheque Dishonour Cases in Damodar S Prabhu Ruling not Binding: Supreme Court [Read Judgement]
The Supreme Court of India has set aside the cost...
Transfer of Title in Immovable Property by Way of Sale Excluded from Service Tax: Supreme Court [Read Judgement]
In a recent judgment, the Supreme Court held that a...
Understanding GST ITC Mismatch During Conversion from Composition Dealer to Regular Dealer [Find Draft Reply Here]
Under the Goods and Services Tax (GST) framework, taxpayers registered...
When Goods Are Detained for Alleged Undervaluation: The Legal Context and Importance of a Reply Under GST [Find Draft Reply Here]
Several judicial decisions have reinforced that undervaluation is not a...
CBDT Issues Advisory on Enhancing Tax Transparency in Foreign Assets and Income under CRS & FATCA
The Central Board of Direct Taxes (CBDT) has issued an...
Crypto Wallets under ED Radar: PMLA Probe Reveals ₹4.81 Cr USDT Routed via CoinDCX through Non-KYC Accounts
The Hyderabad Zonal Office of the Directorate of Enforcement has provisionally attached...
Cost-Sharing Among Group Entities for Events Outside India Does Not Amount to Taxable Service: CESTAT [Read Order]
The Chandigarh Bench of the Customs, Excise and Service Tax...
ITR Refund Still Not Credited? Check How Much Interest Department Must Pay You
If you filed your income tax return ( ITR )...
Proceeds of Sales Already Accounted Cannot be Added as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]
before the Commissioner of Income Tax (appeals) [CIT(A)]. The Jaipur Bench of...
Deficient Proof of Payment & Illegal Flat Allotment Render Claims Non-Creditor: NCLAT Affirms NCLT’s Dismissal of Appeals [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New...
Is Income Tax Penalty Notice without Specifying Limb u/s 271(1)(c) Valid? Supreme Court to Examine Revenue Petition [Read Order]
The Supreme Court has admitted a petition filed by the...
Goods Belong to Consignor and not Transporter: Allahabad HC Sets Aside Seizure u/s 129(3) of GST Act [Read Order]
The Allahabad High Court, in a recent ruling, has held...
State GST Officer submits Adverse Report on Bogus Firm before ITC Fraud: Allahabad HC Quashes Suspension Order [Read Order]
The Allahabad High Court has quashed the suspension of a...
Customs’ Detention of 198gm Gold Chains: Supreme Court directs to take Statutory Remedy within 30 days [Read Order]
The Supreme Court has refused to interfere with the Delhi...
Supreme Court bars Income Tax Dept from Coercive Steps While Examining Faceless vs Jurisdictional AO Authority [Read Order]
The Supreme Court has granted relief to petitioner challenging reassessment...
Delhi HC Directs CBIC to File Final Draft of Revised Baggage Rules by December: Gold, Alcohol & Electronics Ingress under Review [Read Order]
The Delhi High Court has directed the Central Board of Indirect...
GSTAT Portal Loop Glitch Sends Users Back to ARN Page, Blocking Appeal Filing
Taxpayers attempting to file appeals on the GST Appellate Tribunal...
Calcutta HC Directs State of West Bengal to Execute SARFAESI Order for Cholamandalam Finance Within 4 Weeks [Read Order]
In the case of Cholamandalam Investment & Finance Company Limited,...
GST Officer Suspended for Not Acting Against Fake Firm: Allahabad HC sets aside Suspension Order noting Officer not On duty [Read Order]
The Allahabad High Court has set aside the suspension of...
Liability of Legal Heir Limited to Assets Inherited from Partners of Defaulter Firm: Punjab & Haryana HC sets aside Income Tax Attachment [Read Order]
The Punjab & Haryana High Court has held that the...
Reassessment Against Non-Existent Entity Void: Bombay HC Quashes S.148 Notice & ₹16.57 Cr IT Demand Against Petitioner [Read Order]
In a significant ruling reinforcing the principle that tax reassessment...
Capital Gains Must Reflect Only Real Consideration Received: ITAT quashes S.263 Revision [Read Order]
The principle that capital gains taxation must be based strictly...
Income Tax Refunds Delayed in 2025 Due to Red-Flagged Claims, Says CBDT Chairman
Many taxpayers in India are experiencing delays in receiving their...
Income Tax Refunds Delayed in 2025 Due to Red-Flagged Claims, Says CBDT Chairman
Many taxpayers in India are experiencing delays in receiving their...
Income Tax Commissioner Empowers to rectify Obvious Errors: Know more on New CBDT rules
The Central Board of Direct Taxes ( CBDT ) has...
Taxpayer Provided Only Informal Assistance to Relatives and Lacked Clear Ownership: ITAT Deletes from profits of Alleged firms [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal ( ITAT )...
Bombay HC Refuses Interim Relief to Same-Sex Couple Alleging Discrimination in Income Tax Exemption
The Bombay High Court refused to grant interim relief to...
S.74 of GST Cannot Be Invoked when No Fraud Alleged: Madras HC Clarifies application of S. 74 [Read Order]
The Madurai Bench of the Madras High Court has clarified...
No Penalty for Non-Filing of BEN-2: MCA Accepts Explanation as Foreign Shareholder Dissolved Before SBO Compliance Window [Read Order]
The Ministry of Corporate Affairs ( MCA ) has declined to levy...
Custodian, Steamer Agent and Employees Liable for Illegal Removal of Seized Goods: CESTAT Confirms Penalties under Customs Act
The Customs, Excise and Service Tax AppellateTribunal ( CESTAT ) Bench at...
Service Tax Payable on Complimentary Room Nights and Food Discounts Given by Hotel – Lessee to Lessor of Building: CESTAT [Read Order]
The Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ), New...
Is Excessive Share Premium a Capital Receipt or Income? Supreme Court to determine Taxability of ₹679 Cr [Read Order]
The Supreme Court of India recently admitted an appeal filed...
Mere Ownership of Agricultural Land Insufficient to Prove Agri Income: ITAT Upholds 50% Addition as Unexplained u/s 68 [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) dismissed...
Petrol Pump Operator’s Cash Deposits Fully Explained in Books: ITAT Deletes ₹14.10 Lakh Unexplained Income Addition [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) decided the...
Promotional Expenses for Dealer Scheme Recognised as Liquor Business Expenditure: ITAT Deletes ₹16.22 Lakh Addition [Read Order]
The Nagpur bench of Income Tax Appellate Tribunal (ITAT) has allowed the...
BCI Notifies Rules for Foreign-National Advocates to Enrol and Practice Law in India [Read Notification]
The Bar Council of India (BCI) has notified the Bar Council of...
No Income Tax Leviable on Gift from Brother in Law: ITAT [Read Order]
In a ruling in favour of the assessee, the Kolkata Bench of...
Notebook Suppliers not Providing Goods at Zero-GST Rate: Manufacturers flag Cost Escalation & Import Surge
Notebook manufacturers across India have expressed concerns over growing production...
‘Bail is a Rule, Bail Rejection is an Exception’: Allahabad HC Grants Bail in ₹185 Crore GST ITC Case [Read Order]
“Bail is a rule and bail rejection is an exception”, said...
Is Preloaded Software Part of Hardware for Customs Valuation? Supreme Court to Decide [Read Judgement]
The Supreme Court of India is set to examine whether...
Expiry of GST E-Way Bill Does Not Imply Tax Evasion Intent: Allahabad HC Quashes Seizure Orders [Read Order]
The Allahabad High Court ruled that the mere expiry of...
Cybercrime is a “Silent Virus”: Allahabad HC Denies Bail to Accused in Bogus Transactions Using Fake GST Documents [Read Order]
Subscribe to our Newsletter The Allahabad High Court recently refused...
Book Entries of Unverified Bank Overdrafts Not Genuine Income Tax Liabilities: Supreme Court sustains Delhi HC Order [Read Judgement]
The Supreme Court of India recently upheld a ruling by...
Income Tax Penalty u/s 271F Not Leviable as ITR Filed Within Prescribed Time: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) recently ruled...
When Goods Are Sold on FOR Basis, Buyer’s Premises is Treated as Place of Removal and Freight Forms Part of Assessable Value: CESTAT [Read Order]
The Chandigarh Bench of the Customs, Excise, and Service Tax Appellate Tribunal...
‘GSTAT Now Functional’: Telangana HC Directs to File Appeal Before Tribunal, Denies Adjustment of Tax Paid as Pre-Deposit [Read Order]
The Telangana High Court disposed of a writ petition directing...
Interest under Income Tax payable if unpaid within Period Specified in Demand Notice, While GST, Excise & Customs Impose Immediate Liability: P&H HC [Read Order]
The Punjab and Haryana High Court held that under the...
GST Reg. Cancelled Over Miscommunication b/w CA and DC of State Tax on Dues: Telangana HC Allows Revocation Plea [Read Order]
The Telangana High Court has allowed a petition seeking revocation...
Income Tax Dept Withdraws Long-Pending ₹8,500 Cr Transfer Pricing Dispute With Vodafone India
In a recent development, the Supreme Court allowed the Income...
India’s Net GST Revenue Up 7.1% till October FY26, Nagaland Leads with 46% Growth
India’s Goods and Services Tax ( GST ) collections continued...
18% GST on Flow Meter Maintenance: AAR Rejects ‘Composite Supply’ Claim, Denies Nil Rate Benefit [Read Order]
The Andhra Pradesh Authority for Advance Ruling (AAR) has ruled...
Commission for Overseas Services Rendered Abroad: ITAT Deletes Disallowance for Non-Deduction of TDS [Read Order]
The Ahmedabad Income Tax Appellate Tribunal (ITAT) has held that...
Whether Revision of Income Tax Audit Report possible? Know this Rule
A tax audit ensures that a taxpayer’s accounts are correct...
Preference Shareholders Not Financial Creditors Under IBC: Supreme Court Upholds NCLAT Verdict in EPC Constructions [Read Order]
The Supreme Court has dismissed the appeal filed by EPC...
Late ESI Contribution Deposited Before ITR Due Date: ITAT Upholds Deletion of Disallowance [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT)...
TATA Communications Failed to Prove Fulfillment of Conditions for Not Being Treated as Default Taxpayer u/s 201: ITAT Remands Matter [Read Order]
The Mumbai Bench of the Income Tax AppellateTribunal (ITAT) set aside the...
Denial of Exemption u/s 10(23C)(via) Due to Mismatch in Registration Details: ITAT Set Aside CIT(A) Order [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) set...
Gold Sale of ₹11.27 Lakh Treated as Accommodation Entry u/s 69A: ITAT Holds Transaction Genuine and Deletes Addition [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) held...
TATA Trust Allowed to Carry Forward of Deficit from Excess Charitable Expenditure for Set-Off in Subsequent Years: ITAT [Read Order]
The Mumbai Bench of the Income Tax AppellateTribunal (ITAT) held that a...
GSTN Introduces Import of Goods Details Feature in Invoice Management System for Easier ITC Reconciliation
The Goods and Services Tax Network (GSTN) has announced a new feature...
TDS u/s 194LA Not Applicable on Issuance of TDR in Lieu of Compensation: Bombay HC Stays Demand and Penalty Orders [Read Order]
The High Court of Bombay, held that Tax Deducted at...
FinMin Revises Customs Tariff Values for Edible Oils, Gold, and Silver
The Central Board of Indirect Taxes and Customs ( CBIC...
Disallowance of Transport Expenses Due to Lack of Evidence: ITAT Directs AO to Estimate Income at 8% u/s 44AD [Read Order]
The Chandigarh Bench of Income Tax AppellateTribunal ( ITAT ) directed the...
Madras HC Directs GST Authorities to Reconsider Blocked ITC Claim and Pass Orders Within Four Weeks [Read Order]
The High Court of Madras, directed the Goods and Service...
Crypto Currency is ‘Property’ Capable of Trust, Madras HC Orders ₹9.56 Lakh Security
The Madras High Court, in a landmark ruling, has categorized...
AAR affirms 70:30 Valuation Split for Solar EPC Works Contract [Read Order]
The bench of the West Bengal Authority for Advance Ruling (AAR) ruled...
Cabinet Approves 8th Central Pay Commission Terms of Reference: 1 Crore Employees & Pensioners to Benefit
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved...
Homebuyer Claims S. 80C Deduction for Housing Loan Repayment, Wins Dept Challenge: Know How ITAT Ruled
The Income Tax Appellate Tribunal (ITAT) Panaji recently ruled in...
Interest on IGST Refund Mandatorily Payable After 60 Days from Due Date: Gujarat HC [Read Order]
In a significant ruling, the Gujarat High Court held that...
Items Reportable in Tax Audit Report & Key Clauses of Form 3CD [Checklist Here]
Under Section 44AB of the Income-tax Act, 1961, every taxpayer...
Centre Revises Nomination Rules for Bank Deposits, Lockers, and Safe Custody [Read Notification]
The Ministry of Finance (Department of Financial Services) issued Notification No. G.S.R....
Appeal Does Not Automatically Stay Tax Recovery: Madras HC Affirms CBDT’s 20% Deposit Requirement Before Granting Recovery Stay in Income Tax Proceedings [Read Order]
The bench of the Madurai Bench of the Madras High...
DIN Absence: ITAT Remands Matter for Reconsideration [Read Order]
The bench of the Income Tax Appellate Tribunal, Amritsar, remanded...
Company Suo-Moto Admits Demat Compliance Default: MCA Penalizes Company, Directors, CFO, CS and Subscriber of Shares
MCA did not impose a penalty on the independent directors....
CESTAT WEEKLY ROUND-UP [June 09 to June 14, 2025]
This weekly round-up analytically summarizes the key stories related to the Customs Excise and...
Pension Account Attached for Income Tax Dues: Madras HC Allows Withdrawal Citing S.11 of TN Pension Act [Read Order]
The High Court of Madras, allowed monthly withdrawal of ₹48,000...
CBDT notifies NABARD Bonds as Zero Coupon Bonds Worth ₹19,500 Crore u/s 2(48) of Income Tax Act [Read Notification]
The Ministry of Finance, through the Central Board of Direct...
Gujarat HC Quashes Entire Proceedings under GST Rule 96(10): A look back to Previous HC Rulings
The Gujarat High Court rendered a definitive decision on a provision that...
NCLAT Dismisses Appeal Against NFRA Order on Finding No Reasons for Delay of 147 days in Re-filing
In a recent case, the NCLAT New Delhi Zoheb Hossain...
Once AAR Ruling is Upheld by Courts, Dept Cannot Reopen Classification Dispute via Review Petition: Madras HC [Read Order]
In a recent decision, the Madras High Court dismissed review petitions filed...
RBI Eases KYC Rules for Low-Risk Customers: Extended Deadline, BC Support, and Mandatory Advance Notices [Read Notification]
The Reserve Bank of India (RBI), through a notification dated June 13,...
ITR Filing Begins: ‘X’ Flooded with Login Issues, Alert Errors..etc
As the income tax return (ITR) filing season begins, many...
Delay in Assessment Not Assessee’s Fault: Madras HC Allows Samathana Scheme Benefit for Commercial Tax Arrears [Read Order]
The High Court of Madras,allowed the benefit of the New Samathana Scheme...
Shipping Bills’ Forgery: Madras HC Says Informant Cannot Appeal Before Tribunal Without Being a Party to Proceedings [Read Order]
The Madras High Court dismissed a writ petition challenging the dismissal of...
ITAT Favors Micromax in ₹16 Cr FD Interest and Section 14A Dispute; Quashes Revision Order [Read Order]
In a recent ruling, the Delhi Bench of the Income Tax Appellate...
Relief to Louis Vuitton: ITAT Holds Bright Line Test not valid Method for making TPA on Advertisement, Marketing & Promotion [Read Order]
In a significant relief for luxury retail giant Louis Vuitton...
Customer Contracts and Assembled Workforce are “Intangible Assets”: ITAT Allows Genpact’s Depreciation Claim on Acquisition of Debt Collection Firm Acquisition in 2010 [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) allowed Genpact...
Major Tax Relief: Centre Reduces Basic Customs Duty on Crude Palm, Soybean, and Sunflower Oils
The Central Government has reduced the import tax (Basic Customs Duty) on...
Gift of Property Share from Husband to Wife Eligible for Capital Gain Exemption, But Clubbing and Capital Gains Rules Apply: Rules ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) ruled that gift...
Madras HC Strikes Down GST Time Extensions Notification u/s 168A: What It Means for Pending Adjudications
In a recent ruling, the Madras High Court struck down two GST...
GST ITC Denied for Late Filing of GSTR-3B: Calcutta HC Orders Reconsideration in Light of Section 16(5) [Read Order]
The Calcutta High Court has ordered reconsideration of Input Tax Credit ( ITC )...
Income Tax Dept releases Common Offline Utility for filing Income-tax Returns ITR 1 and ITR 4 for AY 2025-26
The Income Tax Department has unveiled its much-anticipated Common Offline...
Section 80G Registration Denial: ITAT remands Utilization of Total Income towards Religious Purposes for Reverification [Read Order]
In a significant ruling for charitable trusts seeking tax‐exempt status,...
ITAT Sets Aside 80G Rejection, Cites Gross Violation of Natural Justice in Charitable Trust [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has quashed...
From PDF to Portal: ADT-1 Filing Gets Simpler Under MCA21 V3
The introduction of the MCA21 portal in 2006 by the Ministry...
How to Take a Company PAN Card: A Detailed Guide
All businesses doing business in India must have a PAN...
Monetary Matters: What if ₹1 = $1 happens?
“Saudi Arabia makes a billion dollars a day, okay? They...
ITAT Restores 80G Application of Assessee: Rejection Held Premature and in Violation of Natural Justice [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has restored...
MCA Mandates PDF Attachment of Signed Financials with E-form AOC-4 XBRL Filing, Notifies Amendment [Read Notification]
The Ministry of Corporate Affairs ( MCA ) has amended...
GSTN Issues Important Advisory on GSTR-1/1A HSN Reporting Requirements
The Goods and Services Tax Network ( GSTN ) has...
Why Can’t We Just Print More Money?
Introduction When I was 10 years old, I remember asking...
CESTAT Weekly Round-Up [June 01 to June 07, 2025]
This weekly round-up analytically summarizes the key stories related to...
GST Officers Directed to Avoid Ex-Parte Orders During Sales Tax Bar Association Summer Break: Delhi Tax Dept issues Circular [Read Order]
The Delhi Goods and Services Tax (GST) Department has issued...
CGST SCN for Personal Hearing Issued on old Address: Delhi HC Allows [Read Order]
The Delhi High Court has allowed one more opportunity to the Milk...
GST Cancellation Recall Denied Due to Unpaid Dues Found Later, SCN & Demand known Belatedly: Delhi HC directs to take Alternate Remedy [Read Order]
The Delhi High Court declined to quash a GST ( Goods and...
Order under CGST Act passed without Providing Opportunity of Hearing : Delhi HC Directs to avail Appellate Remedy [Read Order]
The Delhi High Court has directed to avail appellate remedy...
ITR Filing 2025: Avoid These Costly Mistakes While Submitting Your Income Tax Return
As the deadline for filing income tax returns (ITR) for...
How Are PAN Card Numbers Made? Here’s the Secret Behind Those 10 Alphanumeric Characters
The Income Tax Department of India issues a Permanent Account Number (...
GST S. 74 Proceedings’ Closure Does Not Absolve Penalty u/s 122: Allahabad HC refuses to Quash Penalty against Patanjali Ayurved
In a recent ruling, the Allahabad High Court has refused to interfere...
RBI releases Annual Report for FY 2024-2025: Key Takeaways [Find Report Here]
Top Stories RBI releases Annual Report for FY 2024-2025: Key...
Genuineness of Business Transaction Affirmed: ITAT Deletes Rs. 4.90 Lakh Addition for Director’s Loan [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT)...
Auction Purchaser Liable to Pay Outstanding Tax on Vehicle Acquired: Himachal Pradesh HC [Read Order]
Top Stories Auction Purchaser Liable to Pay Outstanding Tax on...
Interception for Non-Generation of e-Invoice: What the Law Says and How to Respond
Top Stories Interception for Non-Generation of e-Invoice: What the Law...
Non-Payment of Advance Tax Not Ground for Appeal Dismissal: ITAT Remands Case for Fresh Adjudication [Read Order]
Top Stories Non-Payment of Advance Tax Not Ground for Appeal...
Inadvertent GST ECL Deposit by ISD Refundable with Interest: Delhi HC orders Refund with 6% Interest, Warns 18% for Delay [Read Order]
Top Stories Inadvertent GST ECL Deposit by ISD Refundable with...
Attention GSTR-1/1A Filers: New Filing Rules You Must Follow
Top Stories Attention GSTR-1/1A Filers: New Filing Rules You Must...
Major GST Refund and Appeal Rules Announced by CBIC in 2025: Key Takeaways for Businesses
Top Stories Major GST Refund and Appeal Rules Announced by...
Section 194DA TDS Deduction and Reporting in ITR-2: All You Need to Know
Top Stories Section 194DA TDS Deduction and Reporting in ITR-2:...
GST officials must Specify Exact Provisions of GST Act and Rules allegedly violated in SCN: Delhi HC directs to Circulate Copy of Order to all Delhi GST offices [Read Order]
The Delhi High Court has strongly ruled that the GST...
Mutual Fund Taxation in India: Everything You Need to Know in 2025
Top Stories Mutual Fund Taxation in India: Everything You Need...
Getting your Child Married Soon? Here’s What You Must Know about Tax on Gifts as A Parent
Top Stories Getting your Child Married Soon? Here’s What You...
GST DRC Forms Explained: What Every Aspiring CA Must Know
Top Stories GST DRC Forms Explained: What Every Aspiring CA...
GST Interest & Penalty Not Applicable on Reversed ITC Never Availed or Utilised from Date of Claim of ITC in ECRL: Madras HC [Read Order]
Top Stories GST Interest & Penalty Not Applicable on Reversed...
Revenue Cannot Debit From GST Ledger Once Mandatory Pre-Deposit For Appeal is Paid: Calcutta HC [Read Order]
Top Stories Revenue Cannot Debit From GST Ledger Once Mandatory...
Legality of Provisional Bank Attachments Under GST: How to Draft Reply Notice
The Goods and Service Tax ( GST ) was introduced...
GST DRC Forms Explained: What Every Aspiring CA Must Know
Top Stories GST DRC Forms Explained: What Every Aspiring CA...
No Provision for FIR Under Income Tax Act: Punjab & Haryana HC Grants Bail to Accused in Bogus Refund Scam [Read Order]
Top Stories No Provision for FIR Under Income Tax Act:...
Fake ITC Availment: Delhi HC allows Bail and refuses Re-arrest [Read Order]
Top Stories Fake ITC Availment: Delhi HC allows Bail and...
Legality of Bank Attachment under GST without a Show Cause Notice: How to Challenge it [Find Draft Reply Format Here]
Top Stories Legality of Bank Attachment under GST without a...
Supreme Court Upholds Gujarat HC Verdict: Pre-Deposit via Electronic Credit Ledger Valid for GST Appeals, Rejects Dept’s SLP [Read Judgement]
Top Stories Supreme Court Upholds Gujarat HC Verdict: Pre-Deposit via...
Mismatch between Figures and Words of Cheque Amount Would Not Invalidate Cheque; Merits Trial: Delhi HC [Read Order]
Top Stories Mismatch between Figures and Words of Cheque Amount...
Case Digest on Rulings Impacted due to Non-Constitution of GSTAT
Top Stories Case Digest on Rulings Impacted due to Non-Constitution...
Calcutta HC grants Relief to GST Petitioners despite Non-Response to SCN, allows to file Appeal [Read Order]
The Calcutta High Court today granted relief to G.P. Tronics...
Gas Cylinder Distributor Not Received Income Tax Notice Due to Change of Email ID: Madras HC Waives 15% of Disputed Tax Amount for Fresh Consideration [Read Order]
Top Stories Gas Cylinder Distributor Not Received Income Tax Notice...
Supreme Court dismisses Safari Retreats Case Review Plea by GST Dept [Read Judgement]
Top Stories Supreme Court dismisses Safari Retreats Case Review Plea...
ITR Filing: How to File Income Tax Returns (ITR) Step by Step for Beginners
Top Stories ITR Filing: How to File Income Tax Returns...
Switching Jobs? Here’s Why You Must Transfer Your PF Account Every Time You Change Employers
Top Stories Switching Jobs? Here’s Why You Must Transfer Your...
Non-Payment of Advance Tax Makes S.249(4)(b) of Income Tax Act Inapplicable: ITAT [Read Order]
Top Stories Non-Payment of Advance Tax Makes S.249(4)(b) of Income...
Madras HC Slams ‘Mechanical’ GST Notice Process, Orders Fresh Hearing for Lorry Service Firm [Read Order]
The Madras High Court has criticised the mechanical approach adopted...
Income Tax Dept. Notifies all 7 ITR Filing Forms for AY 2025-26: Changes to Capital Gains, TDS, Regime and More
Top Stories Income Tax Dept. Notifies all 7 ITR Filing...
Income Tax Notices Unanswered as Authorised Representative Hospitalised for Surgery: Madras HC grants Opportunity to File Reply [Read Order]
Top Stories Income Tax Notices Unanswered as Authorised Representative Hospitalised...
ROC cannot File Criminal Complaint While Company’s Penalty Appeal u/s 454(8) is Pending: Kerala HC [Read Order]
Top Stories ROC cannot File Criminal Complaint While Company’s Penalty...
GSTR-3B Late Filing: Taxpayer Slapped with ₹50,000 Penalty for 1-Day Delay
Recently, a taxpayer under GST ( Goods and Services Tax...
‘Made in China’ Marking on Some Cartons Not Sufficient to Prove Smuggling Without Test Report or Documentation: CESTAT [Read Order]
Top Stories ‘Made in China’ Marking on Some Cartons Not...
Physical Verification At Exporter’s Premises Not Mandatory for Customs Brokers, Verification via Reliable Documents is Sufficient: CESTAT [Read Order]
Top Stories Physical Verification At Exporter’s Premises Not Mandatory for...
Understanding Form 15CA and 15CB: Essential Compliance for Foreign Remittances
Foreign remittances from India are closely monitored by tax authorities...
TRAN-1 filed when GST portal Reopened following SC’s direction and Dept Circular: Madras HC finds Appeal of Dept infructuous [Read Order]
In a case related to the transitional filing of TRAN-1...
How to Handle GST Department Audits: A Legal Perspective
Top Stories How to Handle GST Department Audits: A Legal...
GST Proper Officer Must issue SCN to Invoke S.73 Even if Summary of SCN is Issued: Gauhati HC [Read Order]
Top Stories GST Proper Officer Must issue SCN to Invoke...
[BREAKING] Shapoorji Pallonji Group Executive Named in Ongoing CBI Probe into Tax Appeals Bribery Case [Read FIR]
The Central Bureau of Investigation ( CBI ) has registered...
Income Tax Return: CBDT Notifies ITR Form 7 for AY 2025-26 [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has...
Auditor’s Advice on Rs. 20L Threshold Resulted in GST Registration Cancellation: Madras HC Orders Reopening of Portal for Return Filing [Read Order]
The Madras High Court has ordered the department to make...
Relief for Nokia India: CESTAT allows Refund of Excess CVD, Rules Challenge to Original Assessment Not Mandatory [Read Order]
Top Stories Relief for Nokia India: CESTAT allows Refund of...
Setback for Royal Enfield: CESTAT Rejects ₹1.79 Cr Refund Claim on SIPCOT Charges Over 31-Day Delay [Read Order]
The Chennai Bench of the Customs, Excise, and Service Tax...
Cash Deposits Duly Recorded in Books Cannot Be Taxed as Unexplained Money Without Rejecting Accounts: ITAT [Read Order]
Top Stories Cash Deposits Duly Recorded in Books Cannot Be...
Pharmacy Income Not Separate Business, Exempt u/s 11: ITAT grants Relief to Charitable Hospital [Read Order]
Top Stories Pharmacy Income Not Separate Business, Exempt u/s 11:...
Income Tax Portal Technical Issue makes Filing TDS Form 15G/15H Hard for Individual Taxpayers
Individual taxpayers and Hindu Undivided Families (HUFs) across India are...
No Tax Reassessment After 3 Years, regardless of Old or New Regime: Delhi High Court
In a recent ruling, the Delhi High Court ruled that...
Challenge against order rejecting GST refund: Delhi HC Disposes of Petition on Availability of Statutory Remedy [Read Order]
In a recent ruling, the Delhi High Court refused to...
Rent Receipts if Incidental and Ancillary to Main Object of Trust, has to be allowed: ITAT [Read Order]
In a significant ruling, the Jaipur Bench of the Income...
Income Tax Notices Must Include Reasons, Even if Not Mandatory by Law: Patna HC Quashes Preliminary Orders [Read Order]
In a recent ruling, the Patna High Court quashed preliminary...
Allahabad HC quashes ₹2.11 Cr GST Demand u/s 74 Due to Lack of Personal Hearing [Read Order]
In a recent ruling, the Allahabad High Court has quashed...
Mutual Fund Investments Are Neither Trading Nor Service, But Non-Taxable Financial Activities: CESTAT in GMR Case [Read Order]
Top Stories Mutual Fund Investments Are Neither Trading Nor Service,...
May 2025 Income Tax Compliance Calendar: Key Dates and Deadlines
Top Stories May 2025 Income Tax Compliance Calendar: Key Dates...
Phase-3 of reporting of HSN codes in Table 12 of GSTR-1 & 1A from May 2025 Onwards: GSTN issues Advisory
The Goods and Services Tax Network ( GSTN ) has...
ICAI Releases 10th Edition of GST Acts and Rules – Bare Law with New Amendments [Read Bare Law]
Top Stories ICAI Releases 10th Edition of GST Acts and...
GST Compliance Calendar for May 2025: Key Filings and Deadlines
Top Stories GST Compliance Calendar for May 2025: Key Filings...
Income Tax Return: Major Changes in New ITR Forms ITR-1 and ITR-4
Top Stories Income Tax Return: Major Changes in New ITR...
No GST on Affiliation, Migration or Sports Fees: Bombay HC quashes GST demand Order against Goa University [Read Order]
The Bombay High Court at Goa quashed the GST demand...
ITC Refund cannot be denied stating Non-Issuance of Credit Note by other party to Contract: Karnataka HC [Read Order]
The Karnataka High Court directed the GST department to refund...
Form 26QB – All You Need to Know about TDS on Purchase of Immovable Property
Top Stories Form 26QB – All You Need to Know...
Case Digest on Rulings Related to Customs Duty Exemptions
Top Stories Case Digest on Rulings Related to Customs Duty...
Village Potter from Rajasthan Receives Rs. 10.5 Crore Income Tax Notice
A young potter from a small village in Rajasthan has...
CBIC declares Dholera in Gujarat as Authorized Customs Location for Import and Export [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC...
PMLA Offences High Court Rulings: Complete Case Digest
Top Stories PMLA Offences High Court Rulings: Complete Case Digest...
Income Tax Deductions Every Salaried Person Should Know: Here’s 2025 Update
Top Stories Income Tax Deductions Every Salaried Person Should Know:...
Pre-deposit Made for Appeal Proves Bonafide Intention of Assessee: Calcutta HC condones 5 days Delay in Filing GST Appeal [Read Order]
Top Stories Pre-deposit Made for Appeal Proves Bonafide Intention of...
GST Portal Notice Insufficient, Assessee gets relief from Madras HC [Read Order]
Top Stories GST Portal Notice Insufficient, Assessee gets relief from...
Madras HC Confirms Online Filing Date as GST Appeal Submission Date [Read Order]
The Madras High Court has ruled that the online filing...
Loss on Sale of Shares on Stock Exchange can be Set Off Against LTCG from sale of Unlisted Shares If STT duly Paid: ITAT [Read Order]
Top Stories Loss on Sale of Shares on Stock Exchange...
College Supplying Food through Canteen run by Educational Trust Must Register under KVAT Act: Kerala HC [Read Order]
Top Stories College Supplying Food through Canteen run by Educational...
Capital Gains arising on Mutual Fund Investments of Non Residents not Taxable in India: ITAT [Read Order]
In a landmark ruling, the Mumbai bench of the Income-Tax...
No GST applicable on Clubs’ Services to its Members: Kerala HC declares S. 7(1)(aa) and S. 2(17)(e) Unconstitutional [Read Order]
Top Stories No GST applicable on Clubs’ Services to its...
Aadhaar-PAN Linkage for Demat Accounts is a Valid Requirement, Does Not Violate Right to Privacy: Orissa HC [Read Order]
In a recent ruling, the Orissa High Court held that...
S. 129 of GST Act not Attracts If Goods Quantity or Weight are Correct on Physical Verification: Calcutta HC directs to Release Vehicle [Read Order]
The Calcutta High Court directed the Goods and Services Tax...
Delhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order]
Top Stories Delhi HC directs Customs to Sensitize Officials on...
Supreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment]
Top Stories Supreme Court Ends 50-Year Dispute on CA Firm’s...
Kerala HC Directs Income Tax Commissioner to Expeditiously Dispose of Rectification Petition filed u/s 154 of Income Tax Act [Read Order]
The Kerala High Court directed the Income Tax Commissioner to...
CBIC Issues Transfer and Posting List of Customs Commissioners
The Government of India, Ministry of Finance Department of Revenue,...
Over 26,000 Income Tax Appeals Filed Electronically via ITAT E-Filing Portal: PIB
The Press Information Bureau (PIB) through a press release stated...
Handling of Cargo in Customs Areas Regulations for which cost of living expenses recoverable from Customs Cargo Service Provider is Ultra Vires Customs Act: Telangana HC [Read Order]
In a recent decision the Telangana High Court held that...
1% of Disputed VAT amount has to be Paid to Kerala Legal Benefit Fund From 07.04.2016: Kerala HC [Read Order]
The Kerala High Court has held that 1% of the...
Axis Bank’s ESOP Expenses Treated as Perquisites with TDS Deduction: ITAT allows Expenses u/s 37 [Read Order]
Top Stories Axis Bank’s ESOP Expenses Treated as Perquisites with...
GSTN enables 2- Factor Authentication for E-Way Bill and E-Invoice System
The Goods and Services Tax Network ( GSTN ) has...
CBDT releases Supplementary FAQs on the Finance Bill, 2025 [Read Notification]
Top Stories CBDT releases Supplementary FAQs on the Finance Bill,...
Rental Income From Trust Property cannot be Treated as Business Income: ITAT [Read Order]
Top Stories Rental Income From Trust Property cannot be Treated...
Income Tax Dept Releases Updated ITR-2 Utility Excel for Individuals and HUFs Without Business or Professional Income
The Income Tax Department has released an updated version of...
New 30-Day E-Invoice Rule from April 1, 2025: What Businesses Need to Know
The Goods and Services Tax Network (GSTN) has announced that,...
Supreme Court Questions GST ITC Denial Due to Clerical Errors, Seeks Clarity from CBIC [Read Judgement]
Recently, the Supreme Court observed the growing concerns over the...
TDS & TCS Rate Changes from April 1, 2025: What You Need to Know
Top Stories TDS & TCS Rate Changes from April 1,...
Non-Mention of DIN Number: Andhra Pradesh HC quashes GST Assessment Order [Read Order]
Top Stories Non-Mention of DIN Number: Andhra Pradesh HC quashes GST...
Relief to Toyota: CESTAT Sets aside Order Rejecting Refund of excess CENVAT credit being Contrary to S. 142(3) of CGST Act [Read Order]
Top Stories Relief to Toyota: CESTAT Sets aside Order Rejecting...
NCLT have No Jurisdiction to Direct ED to Defreeze Corporate Debtor’s Account Frozen under PMLA: NCLT [Read Order]
Top Stories NCLT have No Jurisdiction to Direct ED to...
Assessment Invalid due to Defective Satisfaction Note: ITAT Sets Aside PCIT’s Revisionary Order [Read Order]
Top Stories Assessment Invalid due to Defective Satisfaction Note: ITAT...
Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order]
Top Stories Adani Infrastructure Gets Relief from ITAT: Revision Order...
Denial of S.80P Deduction Over Late Filing: ITAT Rules Appeal Infructuous [Read Order]
The Rajkot Bench of Income Tax Appellate Tribunal ( ITAT...
No Blocking of GST ITC w/o ‘Reasons to Believe’ and Opportunity for Hearing: Karnataka HC [Read Order]
Top Stories No Blocking of GST ITC w/o ‘Reasons to...
How to Claim Tax Deduction on Donation Under Income Tax Act,1961?
Top Stories How to Claim Tax Deduction on Donation Under...
Case digest on Deduction u/s 80 G of Income Tax Act
Top Stories Case digest on Deduction u/s 80 G of...
Big Breaking: CIT(A) Allows 87A Rebate on Special Rate Incomes in Income Tax Appeal [Read Order]
The Commissioner of Income Tax (Appeals) [CIT(A)] has determined that...
Rental Income from Business Assets to be Taxed Under ‘Income from House Property’, Not as Business Income: ITAT [Read Order]
Top Stories Rental Income from Business Assets to be Taxed...
From Email to GST Portal/Newspaper: GST Notice Communication u/s 169(1) Refined by Madras HC Decision
Top Stories From Email to GST Portal/Newspaper: GST Notice Communication...
Essential GST Compliance Checklist for FY 2025-26: Deadlines & New Portal Update
Top Stories Essential GST Compliance Checklist for FY 2025-26: Deadlines...
Relief to Woodpecker Movies: AC Drops Rs. 26.72 Lakh GST Demand Citing Retrospective ITC Eligibility u/s 16(4)
The Assistant Commissioner of CGST & Central Excise, Mumbai Central,...
ITC on Motor Vehicles: Avoid Costly Mistakes and Claim it Right
Top Stories ITC on Motor Vehicles: Avoid Costly Mistakes and...
Unlocking GST: Understanding the E-Way Bill Requirement for Imported Goods [Find Draft Reply Format Here]
Top Stories Unlocking GST: Understanding the E-Way Bill Requirement for...
Legality of Provisional Bank Attachments Under GST: How to Draft Reply Notice
Top Stories Legality of Provisional Bank Attachments Under GST: How...
Legality of Bank Attachment under GST without a Show Cause Notice: How to Challenge it [Find Draft Reply Format Here]
Top Stories Legality of Bank Attachment under GST without a...
TDS & TCS Rate Changes from April 1, 2025: What You Need to Know
Top Stories TDS & TCS Rate Changes from April 1,...
Expiry of E-way Bill under CGST Act: A Complete Case Digest
Top Stories Expiry of E-way Bill under CGST Act: A...