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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...
Unexplained Cash Addition u/s 69 Deleted by CIT(A) on Evidence of Source of Share Application Money: ITAT Remands Matter for Fresh Verification of Source [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) remanded the matter...
Co-operative Society Eligible for 80P(2)(d) Deduction on Interest from Co-operative Bank Investments: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that...
Non-receipt of Notices and Lack of Digital Access: ITAT remands ₹34.77 Lakh LTCG Addition as ‘Equitable Relief’ [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) granted relief...
Estimated Addition of Rs. 42.37 Lakh Bogus Purchases Insufficient for Penalty u/s 271(1)(c): ITAT dismisses Revenue Appeal [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) dismissed the...
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...
CBDT Issues Directions on Verification of Expenses in Entertainment Sector Following C&AG Audit Findings [Read Direction]
The Central Board of Direct Taxes ( CBDT ) under...
Sale of Late Mother’s Flat for Multiple Residential Houses eligible for Income Tax S.54 Exemption: Bombay HC [Read Order]
In a significant ruling for homeowners and tax planners, the...
Wife Sells Two Gifted Flats for ₹6 Crore and Pays No Income Tax: Here’s How
A woman in Mumbai recently sold two flats that were...
GST Rate Changes and Slab Restructuring: CBIC issues Second Set of FAQs [Read Order]
The CentralBoard of Indirect Taxes and Customs (CBIC) has issued the second...
Consumers Beware! “Old Stock, Old GST Rates” is a LIE that You Should Not Fall For
A major consumer scam has been flagged following the rollout...
Income Tax Dept Busts ₹20,000 Crore Gold Laundering Racket in Hyderabad
The Income Tax Department has uncovered a massive gold laundering...
Income Tax launches Probe into Marico Empire Amid Nationwide Tax Compliance Scrutiny
In a dramatic turn of events that has sent shockwaves...
GST Credit Note on Returned Goods: Applicable Rate is Original Invoice Rate, not the Revised One
Taxpayers often face confusion over the rate of GST applicable...
Supreme Court Affirms Auction Proceeds Cannot Be Taxed as Storage/Warehousing Services, Rejects Revenue Review [Read Judgement]
In a recent ruling, the Supreme Court of India affirmed...
Fake ITC Claim of Over ₹40 Crore under CGST Act: Chhattisgarh HC Grants Bail noting Prolonged Custody and Pending Trial [Read Order]
The High Court of Chhattisgarh granted bail to the applicant...
MCA Invites Public Comments on Establishing Multi-Disciplinary Partnership Firms [Read Memorandum]
The Ministry of Corporate Affairs (MCA), Government of India, through Office Memorandum...
ITAT Deletes Cash Deposit Addition of ₹25.25 Lakh for Illiterate Agriculturist accepting Them as Own Account Redeposits [Read Order]
The Chandigarh Bench of Income Tax Appellate Tribunal ( ITAT ) deleted...
CBIC issues GST Rate Notification: New GST Rates Effective from 22 September 2025 [Read Notification]
The CentralBoard of Indirect Taxes and Customs (CBIC) has notified the revised Goods...
Refund Sought for Differential GST Paid on Works Contracts Executed under VAT Regime: Karnataka HC Allows Reimbursement to Mycon Constructions [Read Order]
The Karnataka High Court directed the State tax authorities and...
MAT Adjustment on Goodwill Amortisation Not Permissible: ITAT Rules in Favour of SC Johnson Pvt Ltd
The Income Tax Appellate Tribunal (ITAT), Delhi has held that amortisation of...
FinMin Issues 3 Customs Notifications: Revises Duty Rate, Expands Defence Exemptions, and Extends IGST Relief [Read Notification]
The Ministry of Finance (Department of Revenue) on 17 September...
RBI Issues Master Direction on Regulation of Payment Aggregators: Strengthens Rules on KYC, Cross-Border Transactions [Read Notification]
The Reserve Bank of India (RBI) issued notification dated September 15, 2025,...
Service of GST Notice or Orders without Signature Amounts to No Service at All: Karnataka HC says assessee’s delay in Approaching Court Irrelevant [Read Order]
The Andhra Pradesh High Court set aside an order issued...
Bogus Royalty Expenses Exceed ₹50 Lakh: Bombay HC upholds Income Tax Reassessment Beyond 3 Years [Read Order]
The Bombay High Court at Goa has clarified that income...
Facing OTP Issues? MCA Introduces IVR System for Foreign Directors to Ease DIR-3 KYC Filing
The Ministry of Corporate Affairs (MCA) announced the introduction of...
CBIC notifies revised Tariff Values of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Read Notification]
The Central Board of IndirectTaxes and Customs (CBIC) has notified revised tariff...
Depreciation on Goodwill Arising from Amalgamation Allowed in Book Profits: ITAT Rules in Favour of S.C. Johnson Pvt. Ltd. [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi, has upheld a...
Market Led Fee based Services Scheme not exigible to GST: AAR [Read Order]
The Karnataka Authority for Advance Ruling (AAR) has ruled that...
Commission on Selling arrangement for Promoting, Marketing and Selling of Birds and Handling Sale Administration Not Exempted from GST: AAR [Read Order]
The Maharashtra Authority for Advance Rulings ( AAR ) has held that...
CBDT Approves IIT Madras Research Park for Income Tax Deduction, Donations to Scientific Research Claimable [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has...
Officer unaware of GST Act Search and Seizure Provisions: Allahabad HC directs 3 Months Training and quashes Seizure Order [Read Order]
The Allahabad High Court has recently quashed a seizure order...
28% GST leviable on Interactive Flat Panels by Acer: AAR [Read Order]
The Tamil Nadu Authority for Advance Ruling (AAR) has held...
ITAT Weekly Round-up
This weekly round-up analytically summarises the key stories related to...
Bangalore Metro Rail Corporation not qualified to be a ‘Government Authority’ under GST: AAR [Read Order]
The Karnataka Authority for Advance Ruling (AAR) has held that...
Income Tax Compliance Calendar for September 2025
September is one of the most important months for income...
GST Compliance Calendar for September 2025
September 2025 brings several important deadlines for businesses, e-commerce operators,...
Clever Ways to Bring Home New Gadgets from Abroad Without Paying Customs Duty
So, recently I asked my uncle who’s working in Oman—if...
Supreme Court & High Courts Weekly Round-Up
Supreme Court Bar Council Enrollment Fee Waiver Case: Supreme Court...
GST on Walking? PwD Activist Appeals for Exemption of Disability Aids Ahead of September Council Meeting
Disability rights activist and Founder of the Nipman Foundation, Nipun...
F&O Taxation: Know Why Every Trader Must File Losses Even Without Profits
When most people think about income tax, they assume it...
PVC Raincoats Classified as Plastic Articles Not Textiles, Attract 18% GST: AAR [Read Order]
The West Bengal Authority for Advance Ruling (AAR) held that raincoats made...
CESTAT Weekly Round-up
This weekly round-up analytically summarizes the key stories related to...
Supply of Medicines to In-patients by Pharmacy amounts to Composite Supply, exempt from GST: AAR [Read Order]
The Tamil Nadu Authority for Advance Ruling (AAR) has held...
Why Smart Taxpayers File Early and Why You should Do it too
Every year many taxpayers find themselves scrambling for documents, verifying...
Liability of Legal Heirs under GST and Income Tax: An Analysis
A taxpayer’s death has numerous financial and legal ramifications, including...
Written Approval with Recorded Reasons by Competent Authority Mandatory for Arrest under CGST Act: Delhi HC [Read Order]
The High Court of Delhi, dismissed an anticipatory bail application as premature,...
State GST Officers Authorised to Function as Proper Officers under IGST and CGST: Allahabad HC [Read Order]
In a recent ruling, the Allahabad High Court held that...
Seven Adjacent Residential Units on Same Floor Constitute ‘One Residential House’ u/s 54 of Income Tax Act: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) ruled...
Section 269SS intended to curb Black Money, does not extend to Genuine Final Consideration: ITAT quashes ₹20 Lakh Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cochin Bench, has set aside...
ITAT Applies Test of Human Probabilities, Rejects ₹84.8 Lakh Penny Stock LTCG Claim as ‘Unnatural and Pre-Arranged’ [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) upheld the...
Delayed GST ITC Claim: Karnataka HC Holds Reply to SCN Not Necessary when Records available with Dept [Read Order]
The Karnataka High Court has recently clarified that the absence of a...
Supreme Court reaffirms Illegality of Cash Seizures in GST Search Operations [Read Order]
The Supreme Court of India has rejected the Revenue Department’s review petition...
Zero GST on Insurance Premium Won’t Necessarily Make Policies Cheaper: Here’s Why
In the Independence Day speech this year, Prime Minister Narendra...
No Constitutional Violation in GST RCM u/s 17(2) and 17(3) of CGST Act on Security Services: Bombay HC [Read Order]
The Bombay High Court has dismissed a writ petition challenging...
IGST Credit in Electronic Ledger Can Be Utilised for CGST and SGST Liabilities and Vice Versa: Kerala HC [Read Order]
In a recent ruling, the Kerala High Court held that Input...
GST Council’s Two-Day Marathon Meet: Key Expectations
The Finance Minister, Finance Secretary, CBIC Chairman, and other Council members...
Delhi HC Refuses Bail to 64 Years Old Senior Citizen in PMLA Case, Holds Health Grounds Alone Cannot Justify Release [Read Order]
In a recent ruling, the Delhi High Court held that health...
Supreme Court Slams NGO’s Counsel for Placing Fake MCA Letter on Record, Dismisses Smartworks IPO Appeal
In a recent ruling, the Supreme Court dismissed an appeal filed by...
Opting Old Income Tax Regime to Claim Deductions? Here are the Must-Have Documents
As the deadline for filing Income Tax Returns (ITR) for FY 2024-25...
LIC to continue as Public Shareholder during Privatization of IDBI Bank: SEBI Gives Nod Subject to Restrictions
The Securities and Exchange Board of India (SEBI) has approved...
Customs Slaps ₹12cr Penalty on Two Former UAE Consulate Officials in Kerala Gold Smuggling Case, RTI Reveals
The Customs Department has levied penalties totaling ₹12 crore against two former...
Six Months Custody or Trial Delay not Sufficient Ground for Bail in Economic Offences under PMLA: Jharkhand HC [Read Order]
In a recent ruling, the Jharkhand High Court held that...
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...
Vague Allegations of Defective Goods Not a Pre-Existing Dispute: NCLT Accepts Insolvency Petition and CIRP Initiated [Read Order]
The Mumbai Bench of the National Company LawTribunal (NCLT) admitted a Section...
Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]
The Ahmedabad Bench of the National CompanyLaw Tribunal (NCLT) clarified that the...
Taxpayer Pursued Rectification Petition First: Madras HC Condones 108 Days Delay in Filing Appeal [Read Order]
In a recent ruling, the Madras High Court condoned a...
Filing Form 67 Before Final Income Assessment is Sufficient Compliance: Madras HC Rules Rule 128 Directory, Not Mandatory [Read Order]
In a recent ruling, the Madras High Court held that...
Relief for India Cements: CESTAT Holds Innocent Buyers Cannot Be Denied DEPB Scrip Benefits for Fraudulently Obtained Licences Unless Cancelled by DGFT [Read Order]
The Chennai Bench of the Customs, Excise, andService Tax Appellate Tribunal (CESTAT)...
Relief to Polycab Wires: CESTAT Quashes Demand of service tax on Ocean Freight [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT) Ahmedabad bench in...
Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]
The New Delhi bench of the Income TaxAppellate Tribunal (ITAT) directed the...
Centre Grants Income Tax Exemptions to Credit Guarantee Fund Trust for Animal Husbandry and Karnataka Construction Workers’ Welfare Board [Read Notification]
The Central Board of Direct Taxes (CBDT), Ministry of Finance,...
Mere Assembly of Imported Components can make “e-Rickshaw”: CESTAT upholds Differential Customs Duty Demand, Penalty and Interest [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Principal Bench at...
IGST-Total Taxable Value Mistake in filing April 2019 GSTR-3B: Patna HC allows to Rectify GSTR-3B on par with GSTR-1 [Read Order]
In a recent ruling, the Patna High Court held that a taxpayer...
Receiving Gifts Before Wedding Date Cannot Be Treated as Ungenuine Without Proof: ITAT Deletes ₹4.31 Lakh Unexplained Cash Deposit Addition [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) deleted an...
Vintage Car Sale Liable to Capital Gains Tax if No Proof of Personal Use: Bombay HC [Read Order]
In a recent ruling, the Bombay High Court held that...
No Longer Rounding Off Refunds as Usual for this FY! CA points out Income Tax Portal Glitch
A seemingly minor but significant system glitch has come to...
Seven-Year Delay in Filing Appeals Due to Trustee’s Health: Karnataka HC Dismisses Appeal as No Substantial Question of Law Arises [Read Order]
The High Court of Karnataka, in a case involving a...
Income Tax Rules Amendment: CBDT Fixes ₹4 Lakh Salary and ₹8 Lakh Gross Income Thresholds [Read Notification]
The Central Board of Direct Taxes (CBDT), Ministry of Finance...
RBI to Introduce Continuous Cheque Clearing with Hourly Settlements from January 2026 [Read Notification]
The Reserve Bank of India (RBI), through its Notification No....
IBC Amendment Bill 2025 Promises Quicker Debt Resolutions and Stronger Creditor Power: Know More [Read Bill]
The government has introduced a major reform to India’s insolvency...
Key Changes in Online Filing of Form No. 35 Appeals Before CIT(A)
Form No.35, is the official form used to file appeals...
TDS Credit Allowable to Person in Whose Hands Income is Assessable as per Rule 37BA Income Tax Rules: ITAT [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT...
Cash Deposit of ₹1.91 Cr Addition Quashed: ITAT Rules Sales Substantiated by Audited Books, VAT Returns, and Stock Records [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (...
Relief for Tata Teleservices: CESTAT Rules Group Mediclaim, Accident, and Vehicle Insurance Eligible for CENVAT Credit [Read Order|
The Mumbai Bench of the Customs, Excise, and Service Tax...
Unverified Sale Consideration Details: ITAT Remands Capital Gain Addition Matter for Reconsideration
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT)...
RBI Allows Non-Residents to Invest Trade Surplus from SRVAs in Government Securities [Read Circular]
The Reserve Bank of India (RBI) issued A.P. (DIR Series)...
Gold Loan Account Records and Bank Records validates Gold Loan Business: ITAT deletes Addition of Cash Withdrawals u/s 69C
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT...
SEBI Permits Investment Advisers and Research Analysts to use Liquid & Overnight Mutual Funds for Mandatory Bank Deposit under Lien [Read Circular]
The Securities and Exchange Board of India (SEBI) has recently...
Is “Cash Only or Pay Online with Added GST” Legal in India? A Detailed Analysis
In recent months, there has been a growing number of...
Cash Transactions above ₹20,000 in Violation of Income Tax S. 269SS Not Legally Enforceable Debt Under NI Act: Kerala HC [Read Order]
Subscribe to our Newsletter In a landmark decision, the Kerala High...
GST Returns Not Filed due to Medical Reasons: Madras HC Orders to restore Registration Post- Tax and Interest Payment without ITC Adjustment [Read Order]
The Madras High Court has ordered the restoration of GST...
Cash Ledger Deposits by Liquidator Amounts to Valid Payment Despite Non-Filing of GST Returns: Madras HC quashes ₹1.02 Crore Demand [Read Order]
The Madurai bench of Madras High Court, in a recent...
6% or 9% Interest on Late GST Refunds: Decoding Section 56 with Judicial Rulings
The Central Goods and Services Tax ( CGST ) Act, 2017’s Section...
Tax on Cash Deposits during Demonetization already filed under Other Sources: ITAT directs AO to Delete Addition u/s 115BBE [Read Order]
In a recent ruling, the Kolkata bench of the Income Tax Appellate...
Unfinalised Income Tax Reassessment not a Ground to Deny DTVSV Scheme Benefits: Kerala HC [Read Order]
The Kerala High Court has held that the mere initiation...
Income Tax Bill 2025: New Changes Homeowners, Salaried People, Investors Should Know
The Ministry of Finance under the Indian government has presented the revised...
₹1.01 Lakh Extortion via GPay QR Code: Chhattisgarh HC finds No Grounds to Quash FIR [Read Order]
The Chhattisgarh High Court has dismissed a petition seeking the...
Cancellation of GST Registration Counter-productive to Revenue: Calcutta HC orders Revival of Registration on Payment of all Dues [Read Order]
The Calcutta High Court held that cancellation of GST (...
GST Dept cannot Recover Demand prior to Expiry of Statutory Period for Filing Appeal: Calcutta HC says Dept Committed ‘Grave Error’ [Read Order]
Calling it a “grave error” on part of the GST...
GST Relief for Used Machinery Dealers: Gujarat AAR Allows Margin Scheme for Second-Hand Goods Under Same Registration [Read Order]
In a significant decision, the Gujarat Authority for Advance Ruling (AAR) has...
No 12% GST for Rice Husk Boards! AAR Rejects Vegan Wood’s Classification Under Wood Chapter, Cites Missing Lab Reports & Documentation [Read Order]
In a setback for manufacturers of eco-friendly building materials, the Gujarat Authority...
Karnataka HC Orders Expeditious Disposal of GST Appeals on ₹2.3 Crore Demand Amid Allegations of Coercion & Threat by Officials [Read Order]
The Dharwad Bench of the Karnataka High Court recently directed...
India Imposes Port Restrictions on Imports of Certain Goods from Bangladesh [Read Notification]
The Ministry of Commerce and Industry, through the Directorate General of Foreign...
‘Pay Rent in Cash or Pay Online With 12% GST’: Bengaluru PG’s Notice Stirs Debate on Reddit
A notice from a paying guest accommodation in Bengaluru has...
Updated Income Tax Bill tabled at Lok Sabha: No Changes to “Accountant” Definition [Read Bill]
Finance Minister Nirmala Sitharaman today introduced the Income-tax (No. 2) Bill,...
Hitting the Bull’s Eye: An attempt to Curb Illegit Black Money practice of purchase of Agricultural Land
In India, one of the most popular methods to legitimize...
Manager Continues Business Post-demise of Proprietor: Madras HC Refuses to quash S. 74 GST Order, Says S. 93 Liability May Arise [Read Order]
While refusing to quash the assessment order, the Court acknowledged...
Legal Heir Cannot Be Expected to Explain Unexplained Bank Credits of Deceased: ITAT notes AO fails to Verify Sources, Deletes Penalty [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted...
Logistical and Financial Difficulties Not Enough to Excuse 172-Day Delay in Refiling: NCLAT [Read Order]
The Principal New Delhi Bench of the National Company Law Appellate Tribunal...
Factual Dispute on Custody Legal or Proper in Gold Smuggling Case not for Writ Jurisdiction: Telangana HC Directs to Remedy under BNSS [Read Order]
The Telangana High Court has declined to entertain a writ...
Wrong Tax Head Entry Not Ground for Denying CGST Refund: Allahabad HC Rejects Appellate Authority’s Technical Approach [Read Order]
The Allahabad High Court has held that a refund claim...
Uttarakhand HC Dismisses GST Waiver & TDS Deduction Plea, Says Liability Determination Requires Factual Inquiry Beyond Writ Jurisdiction [Read Order]
The Uttarakhand High Court has dismissed a writ petition seeking...
Sourav Ganguly’s GST Appeal Reinstated: Calcutta HC Terms Further Pre-Deposit Demand a ‘Travesty of Justice’ After Excess Amount Already Recovered [Read Order]
The Calcutta High Court has restored former cricketer Sourav Ganguly’s...
GST Adjudication Without Mandatory Hearing u/s 75(4) Unsustainable: Calcutta HC [Read Order]
The Calcutta High Court has set aside a GST (...
ITAT Deletes ₹52.91 Lakh Unexplained Investment Addition on Land Purchase Due to Unreliable Draft MOU Evidence [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) deleted an...
MCA Imposes ₹3 Lakh Penalty on Private Company and Directors for Failing to Maintain Registered Office
In a recent adjudication order passed by the Ministry of Corporate...
GST Fraud of PAN India Level: Chhattisgarh HC Rejects Bail to 21-Year old Accused Citing Seriousness of Offence [Read Order]
The Chhattisgarh High Court has rejected the bail application of a 21-year-old...
Subcontractor’s Labor Services in PMAY Project is Not ‘Pure Labor’ Contract: AAR Rules No GST Exemption [Read Order]
The Rajasthan Authority for Advance Ruling ( RAAR ) has ruled that...
18% GST on Sub-contracted Construction Services for PMAY: AAR Classifies Service Under HSN 9954 [Read Order]
AAR held that subcontracted labor services for PMAY, involving the...
Is GST Leviable on Transfer of Lease-hold Rights? Supreme Court Clubs Multiple Petitions to Examine Issue in Joint Hearing [Read Judgement]
The Supreme Court of India has decided to examine whether the transfer...
Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part X]
ITAT Acknowledges Assessee’s Non-Appearance Due to Medical Emergency: Restores 80G...
ITR Refund Pending even a Month After Filing Return? Here’s Why and How to Check Processing Status
Why track your ITR status? Your ITR status shows you exactly where...
Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part IX]
This half-yearly round-up analytically summarizes the key Direct Tax-Income Tax...
Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part VIII]
Interest on Fixed Deposits Not Business Income: ITAT upholds 10AA...
Decoding Income Tax Return Requirements for Visa Applications: What Every Indian Applicant Needs to Know
One doсument thаt’s bесoming а gаme-chаnger, espeсiаlly fоr Indiаn Visа...
Govt Releases List of 31 Appointed Technical Members to GSTAT [Read Order]
The Government of India has officially released the list of...
Half-Yearly GST AAR & AAAR Digest: Advance Rulings 2025 [Read Order]
Rejected Paddy used for Animal Feed, Cattle Feed etc. classified...
Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part VI]
Your ultimate guide for mastering TDS provisions – Click hereThis...
GST Dept Cannot Send Multiple Notices to Advocates for Client Info in Fraud Cases: Calcutta HC Explains Advocate-Client Privilege
In a recent ruling, the Calcutta High Court held that...
MSME Payment Reporting Overhaul for ITR Filing: Must-Know Updates in Form 3CD Audit Report
The Income Tax Department has implemented many changes to Clause...
ITAT Weekly Round-up[July 26th – August 1st]
This weekly round-up analytically summarises the key stories related to...
Inordinate Delay of 17 Months in GST Appeal Without Sufficient Cause: Supreme Court upholds Registration Cancellation [Read Order]
The Supreme Court of India upheld the cancellation of GST registration of...
ITAT slashes Tax Demand on Builder LLP, Rejects ‘On-Money’ Extrapolation Due to Lack of Evidence [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has significantly reduced...
Business Slowdown was Genuine Reason for Non Filing of Return: Madras HC Quashes GST Registration Cancellation with ₹10K Payment [Read Order]
The Madras HighCourt has set aside the cancellation of Goods and Services...
GST Order Invalid if SCN Issued Only via Portal After Registration Cancellation: Allahabad HC [Read Order]
In a recent ruling, the Allahabad High Court held that...
Rs 44 Cr Customs Duty Evasion Involving Undervalued Walnut Imports: Bombay HC Allows Anticipatory Bail [Read Order]
In a recent case, the Bombay High Court allowed anticipatory...
GST Demand out of disallowance of ITC: Orissa HC Dismisses Petition on Alternative Remedy [Read Order]
In a recent case, the Orissa High Court dismissed the...
GST Demand in DRC-01D Persists Despite Payment of Dues: Madras HC directs to Appropriate Amount and Refund Excess, If Any [Read Order]
In a recent ruling, the Madurai Bench of the Madras...
GST Notices to Cancelled Registrants Must Be Served Through Means Other Than GST Portal: Madras HC [Read Order]
In a recent ruling, the Madurai Bench of the Madras...
Manager Continues Business Post-demise of Proprietor: Madras HC Refuses to quash S. 74 GST Order, Says S. 93 Liability May Arise [Read Order]
The Madurai Bench of the Madras High Court has refused to interfere...
Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has quashed a...
Renting of Residential Property to Govt for Backward Class Girl’s Hostel Exempt from GST: AAR [Read Order]
The Maharashtra Authority for Advance Ruling (AAR) ruled that the supply of...
ITR for Loans: Your Essential Guide to Income Tax Return Requirements for Bank Loan Applications
Applying for a bank loan in India, whether a personal...
GST order Passed Just One Day Before Personal Hearing Date: Madras calls out Clear Violation of Natural Justice [Read Order]
The Madras High Court set aside a GST ( Goods and Services...
200% Penalty on Expired E-Way Bill for Zero-Rated Export to UAE: Gujarat HC reduces Penalty to Rs. 25k [Read Order]
In the matter of 200% penalty on the expired e-way...
GST SCN issued in Name of Deceased Despite intimating Death : Madras HC sets aside order and Remands matter [Read Order]
The Madras High Court has set aside a GST ( Goods and...
[BREAKING] Taxation of Category III Alternative Investment Funds: Delhi HC reads down CBDT Circular 13/2014 [Read Order]
The Delhi HighCourt delivered a major decision holding that CBDT Circular 13/2014 must...
GST on Renewable Devices is 12%, Not 5%: FM Clarifies in Rajya Sabha
The Government of India has confirmed that renewable energy devices...
Missed your ITR for AY 21-22 or 22-23? Income Tax Dept. Launches Excel Utilities to file Updated ITR-1 and ITR-2 Returns
The Income TaxDepartment has launched Excel-based utilities for filing Updated Income Tax...
Half-Yearly Customs, Excise and Service Tax Case Digest: CESTAT Decisions 2025 [Part XI]
This half-yearly round-up analytically summarizes the key Indirect Tax-Customs, Excise...
Half-Yearly Customs, Excise and Service Tax Case Digest: CESTAT Decisions 2025 [Part X]
This half-yearly round-up analytically summarizes the key Indirect Tax-Customs, Excise and...
Suppression cannot be alleged by Dept when Service Tax on GTA Service not paid on Bonafide belief: CESTAT [Read Order]
The Customs, Excise AndService Tax Appellate Tribunal Chandigarh bench held that suppression cannot...
Fresh Notice to Legal Heirs of Borrower Not required to take Possession u/s 14 SARFAESI Act: J&K HC [Read Order]
Mst. Sundri vs The Jammu & Kashmir Bank LtdThe Jammu...
GST Applicable on Batteries Manufactured using Extracted Silver received for Free from Navy: AAAR holds Activity is Not Job Work [Read Order]
The Tamil Nadu Appellate Authority for Advance Ruling (AAAR) recently upheld the...
Gujarat HC Upholds VAT Levy on Medicines and Implants Supplied by Private Hospitals
Subscribe to our Newsletter The Gujarat High Court has upheld...
CESTAT WEEKLY ROUND-UP [July 21 to July 26, 2025]
This weekly round-up analytically summarizes the key stories related to...
Lost/Stolen Wallet? Here’s How to Recover Aadhaar, PAN, and License
While losing cash is inconvenient, losing these documents can create...
MCA Imposes ₹3 Lakh Penalty on Private Company and Directors for Failing to Maintain Registered Office
In a recent adjudication order passed by the Ministry of Corporate...
ITAT WEEKLY ROUND-UP [July 19th – July 26th]
This weekly round-up analytically summarises the key stories related to...
MCA Imposes ₹2.5 Lakh Penalty for Failing to File Business Commencement Declaration
In a recent adjudication order passed by the Registrar of...
India Launches New Project to Make Sending Money Home Easier for Indians Abroad
The Department of Posts (DoP), under the Ministry of Communications,...
‘Admitted Liability’ Auto-Selection on GST Portal Misled Assessee: Madras HC Allows Liberty to File GST Appeal Despite Delay [Read Order]
Due to uncertainty produced by the GSTN interface, the Madras High Court recently ruled...
GST Appeal on Registration Cancellation Rejected without Reasons: Allahabad HC sets aside Order, says Quasi-Judicial Orders Must Be Reasoned [Read Order]
The Allahabad High Court has set aside the cancellation of GST (...
GST Order Not Reflected in ‘View Notices’ Tab: Allahabad HC Accepts Plea, Directs Fresh Notice with 15 Days’ Clear Time [Read Order]
The Allahabad High Court has quashed the GST ( Goods and Services...
Select Committee Approves Digital Access for Income Tax Officers Including Social Media and Emails: Here’s What the Report Says [Read Order]
In a major move, the Parliamentary Select Committee has approved...
Over 40,000 Non-Operational Companies struck off across India in Past Three Years: Central Govt in Lok Sabha
The Ministry of Corporate Affairs (MCA) has reported that a total of...
India’s External Debt Rises 10% to $736.3 Billion: Ministry of Finance Confirms in Lok Sabha
India’s external debt has risen to $736.3 billion as of...
Farmers and MSMEs Get Relief under New Guidelines as RBI Eases Gold Loan Norms for Small Borrowers: Central Govt
The Central Government has confirmed that the Reserve Bank of India (RBI) has issued...
GST Registration obtained by fraud and suppression of fact: Calcutta HC sets aside cancellation finding existence of Premises [Read Order]
In a recent case, the Calcutta High Court set aside the cancellation,...
Over ₹700 Cr Revenue in Two Years from Crypto/VDA Tax, Government Deploys Data Analytics to Tackle Tax Evasion
In a written reply to Unstarred Question No. 13, Minister...
No Regulatory Ban on Offshore Crypto Platforms: FIU-IND Registers VASPs Under PMLA while RBI Issues Warnings on Risks to Public
Amid rising concerns over the operation of offshore cryptocurrency platforms...
Important Update on PAN-Aadhaar Linking: CBDT Extends Deadline to Avoid TDS/TCS Defaults
CBDT, via Circular, extends relief for TDS/TCS defaults due to...
Arrest Over ₹8.36 Crore Fake ITC Claim Using Bogus GST Invoices: Punjab & Haryana HC Grants Bail Citing Completed Investigation and Five Month Custody [Read Order]
The High Court of Punjab and Haryana granted bail citing completed investigation...
Observations/Recommendations from Income Tax Bill Lok Sabha Committee Out [Read Press Release]
The Select Committee of the Lok Sabha, chaired by Shri...
GSTN Issues Advisory on GSTR-3A Notices Sent to Cancelled Composition Dealers for Non-Filing of GSTR-4
The Goods and Services Tax Network ( GSTN ) has issued an...
GSTN issues Taxpayer Advisory on upcoming GST Tech Security Enhancements
The Goods and Services Tax (GST) ecosystem, the Goods and Services...
Bombay HC Permits Inter-State GST ITC Transfer on Post-Amalgamation, Orders GST Council and GSTN to Create Mechanism [Read Order]
In a landmark judgment, the Bombay High Court at Goa...
Auto Populated Liabilities in table 3.2 of hard-locked GSTR-3B to be re-introduced on GST portal from July 2025 tax period: GSTN
The Goods and Services Tax Network (GSTN) has notified taxpayers...
Pre-Filled Data in ITR-2 helps Salaried Taxpayers who Invest
In a major boost for individual taxpayers, the Income Tax Department has...
Property Sold Despite Sales Tax Arrears: Madras HC Allows Commercial Tax Dept to Declare Sale Void [Read Order]
The Madurai bench of Madras High Court has permitted the Commercial Tax...
Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XV]
This Half Yearly Digest analytically summarises all the Supreme Court...
Demonetized Notes Received from Disclosed Debtors Cannot Be Treated as Unexplained Cash: ITAT [Read Order]
he Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that...
Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XIV]
This Half Yearly Digest analytically summarises all the Supreme Court...
Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XIII]
This Half Yearly Digest analytically summarises all the Supreme Court...
Mumbai Senior Citizen duped of ₹7.87 Crore in App-based Online Investment Fraud
A 62-year-old woman residing in Mumbai’s Pali Hill area has...
Gross Negligence of Accountant Not a Ground for Condonation: ITAT Dismisses Income Tax Appeal with 477-Day Delay [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) dismissed an...
MCA Imposes Penalty on Company and its Directors for Failing to Maintain Active Registered Office as Mandated under Section 12 of Companies Act [Read Notification]
The Ministry of Corporate Affairs ( MCA ) through the...
CESTAT Weekly Round-Up [July 14 to July 19, 2025]
This weekly round-up analytically summarizes the key stories related to...
Expenditure Incurred on Leasehold Premises Satisfies Test of Ownership: ITAT Upholds Depreciation Deduction as Capital Expenditure [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld...
MCA Orders Strike-Off of Company for Failing to File Declaration of Commencement of Business Under Section 10A [Read Order]
The Ministry of Corporate Affairs (MCA) has struck off a company for...
No Two Assessment Orders for the Same Tax Period Can Operate Simultaneously: Orissa HC Invalidates Ex Parte Order [Read Order]
In a recent ruling, the Orissa High Court held that...
Supreme Court & High Courts Weekly Round-up [ July 5th to July 12th, 2025]
This weekly round-up analytically summarizes the key stories related to...
DGGI Uncovers ₹266 Cr GST ITC Fraud Involving 6 Shell Companies
In a significant enforcement action, the Directorate General of GST Intelligence (DGGI),...
CESTAT WEEKLY ROUND-UP [July 06, 2025 to July 12, 2025]
This weekly round-up analytically summarizes the key stories related to...
NCLAT holds Investment Under Reseller Agreement Lacks ‘Financial Debt’ Ingredients and Dismisses S. 7 Plea as Abuse of CIRP Process [Read Order]
Subscribe to our Newsletter The Delhi Bench of the National Company...
FTC Claim Not Denied Despite Delay as Filing of Form 67 Held Directory, Not Mandatory: ITAT [Read Order]
The Tribunal observed that the AO erred in denying credit...
Eicher Motors Faces ₹168 Cr GST Demand Notice on VECV
VECV has 30 days to respond and is currently reviewing...
Delhi HC Finds No Valid Ground to Withhold ₹10 Lakh GST Refund, Orders Processing With Statutory Interest [Read Order]
The refund application, originally filed in June 2019, had remained...
ITAT WEEKLY ROUND-UP [ July 7th – July 12th ]
This weekly round-up analytically summarises the key stories related to...
GST Orders on Portal Valid Without Visible Signature If Uploaded Using DSC: Gujarat HC [Read Order]
In a recent ruling, the Gujarat High Court held that...
ITAT Grants Relief to NGO: Technical Filing Error Won’t Block 80G Tax Benefits [Read Order]
The Income Tax Appellate Tribunal (ITAT), Nagpur Bench, ruled that a...
ITAT Upholds Deletion of Bogus LTCG Addition, Rules No Evidence of Tax Evasion in Share Transactions [Read Order]
The Income Tax Appellate Tribunal (ITAT), Nagpur Bench, has upheld the...
GST Dept Must Grant Time Extension for Submitting Additional Documents When Sought: Madras HC [Read Order]
In a recent ruling, the Madras High Court has held that when...
SBI Wins Before CESTAT on Service Tax Demand for Interchange and Free ATM Services: Supreme Court to Hear Related Appeal Together [Read Judgement]
In a recent ruling,the Supreme Court of India, noted State Bank of...
Revenue cannot ‘Negatively Block’ Tax beyond Extent of GST ITC available in E-Ledger: Supreme Court declines to Interfere with Delhi HC Ruling [Read Order]
Subscribe to our Newsletter The Supreme Court recently reaffirmed a key principle...
S. 79 GST Recovery Notice issued to Bank without Prior Notice to Assessee void: Bombay HC [Read Order]
In a significant ruling concerning GST recovery procedures, the Bombay High...
From India to the World: UPI goes Global as Namibia Becomes First Foreign Country to Sign Licensing Agreement
India’s Unified Payments Interface ( UPI ) has made big...
MCA to Launch Final Set of 38 Company Forms on 14th July, Portal Downtime Announced
The Ministry of Corporate Affairs ( MCA ) has announced...
SEBI NSEL Settlement Scheme for Stock Brokers: What is it?
SEBI’s NSEL Settlement Scheme for Stock Brokers: What is it?The...
GST Assessment Order Passed Beyond Limitation Period is Invalid, Even if by One Day: Telangana HC [Read Order]
Telangana High Court held that a GST assessment order passed...
SEBI Directs Indian Banks & Mutual Funds to Remit Mehul Choksi’s Attached Assets Worth ₹2.13 Crore as Belgium Confirms His Presence [Read Order]
The Securities and Exchange Board of India (SEBI) has issued...
Assam HC Slams Tax Department for Denying Lawful Refunds under CST Act: Petitioner Wins Battle over VAT Reimbursement [Read Order]
The Gauhati High Court slams the Assam Taxation Department for wrongfully rejecting...
Denial of Personal Hearing: Madras HC Sets aside GST S. 73 and 74 Orders on 10% Pre-deposit instead of Usual 25% [Read Order]
The Madras High Court has set aside GST ( Goods and...
Income Tax Dept Sending Copy-Paste Responses to Grievances? Individual Shares ‘Proof’ on ‘X’
An individual has raised serious questions about the effectiveness of...
Interest for Belated GST Payment: Madras HC Confirms Interest Levied u/s 50(1) of CGST/ TNGST Act [Read Order]
The High Court of Madras,confirmed the levy of interest under Section...
Centre Grants IDFC First Bank Exemption from 30% Shareholding Cap in Niraj Kakad Constructions
The Ministry of Finance issued Notification No. S.O. 3018(E) dated...
Chhattisgarh HC Directs GST Department to Release Frozen Bank Account of Small Entrepreneur [Read Order]
The Chhattisgarh High Court at Bilaspur directed the GST authorities to release...
MCA Migrates 38 Company E-Filing Forms to V3 Portal: New FAQs Clarify Annual Filing, Lot 3 Migration, and Compliance for Corporate Users
The newly release guide addresses everything from the mechanics of...
Income Tax Assessment Invalid If SCN Sent to Old Email After Update Even If Earlier Notices Acknowledged: Kerala HC
Kerala HC held that an income tax assessment is invalid...
Composite and Mixed Supply under GST: Key Concepts, Rules, and Clarifications
The Goods and Services Tax ( GST ), which consolidated...
Inadequate Opportunity of Hearing in Alleged Form 10AB Delayed Filing: ITAT Restores Matter for Reconsideration [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) restored the...
Assessment Order Passed Without Personal Hearing u/s 75(4) of GST Act: Patna HC Quashes Order [Read Order]
The High Court of Patna, quashed an assessment order passed against the...
Non-Service of Notice Through Opted Physical Mode: ITAT Restores Matter to CIT(A) for Fresh Adjudication [Read More]
The Raipur Bench of Income Tax Appellate Tribunal ( ITAT ) restored...
Unexplained Cash Credit on ₹31.15 Lakh Loan Repayment: ITAT Upholds Deletion Confirming Genuine Repayment Through Banking Channels [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed...
Deduction on CSR Donations u/s 80G: ITAT Quashes Revision as AO Verifies Donations to Eligible Institutions [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) quashes...
Delay in Filing Income Tax Appeal Due to Personal Problems: ITAT Condones 99 Days Delay [Read Order]
The Cuttack Bench of the Income Tax Appellate Tribunal (ITAT) has set...
Business Receipts Is Substantiated Source of Cash Deposit: ITAT overturns ₹5.01 Lakh Addition [Read Order]
The Cuttack Bench of the Income Tax Appellate Tribunal (ITAT) has overturned...
ITAT Dismisses Rs. 6.80 Cr Addition u/s 69A as Finds Transactions Duly Recorded and Explained by Assessee [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) dismissed the...
ITAT Remands Case After Assessee Submits Cash Summaries, Audit Report, and Valuation Documents for Reconsideration [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has remanded...
ITR Processed and Refund Credited Within 3 Hours of Filing: Individual Applauds Income Tax Team
An individual has shared an extraordinary experience of getting two Income...
Finance Ministry Extends National Pension System Tax Benefits to Unified Pension Scheme for Central Government Employees
The Department of Financial Services, Ministry of Finance, has officially notified...
Question of Nature of Property as Agricultural land or not, decided by DRAT without Considering Evidence Submitted: Madras HC Remands Matter [Read Order]
The High Court of Madras remanded the challenge on nature of...
CESTAT Allows Customs Duty Exemption on HIV Test Kits Which Qualify as Life-Saving Diagnostic Kits [Read Order]
The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal...
Selecting Wrong Income Tax Section Code/Clause would Not Disentitle Appellant to Rightful Claim: ITAT directs de novo Hearing [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT )...
ITAT Weekly Round-Up [ June 26th – July 5th ]
This weekly round-up analytically summarises the key stories related to...
Managing Section 143(2) Income Tax Scrutiny Notices for AY 2024–25: A Guide for Tax Practitioners with Checklist for Taxpayers
The Central Board of Direct Taxes has initiated the widespread issuance of...
Section 44AB Tax Audits: Do’s and Don’ts for Smooth Reporting
Every year, as tax filing season approaches, many firms and...
Dispute Over Email ID in Income Tax Proceedings leading to Ex Parte Order: Madras HC Directs Fresh Consideration [Read Order]
The Madras High Court has remanded a case back to the Income...
Advocate Suffers from Depression/Memory Loss, Fails to Defend Appeal resulting Ex-parte Order: ITAT Remands for Fresh Adjudication
The Chandigarh Bench of the Income Tax Appellate Tribunal ( ITAT...
Income Tax Dept Introduces TAX ASSIST – Go to Support for all Tax Concerns
The Income Tax Department has introduced a new campaign titled...
Certificate of Family Members obtained from Tahsildar Office Admissible to Prove Legal Heirship: DRAT Allows BOI to Claim Property for Debt Recovery
The Kolkata bench of the Debts Recovery Appellate Tribunal (DRAT)...
Income Tax Exemption u/s 11 Cannot be denied Merely due to Delay in Filing Form 10B: ITAT [Read Order]
The ITAT Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT...
CBDT Issues Clarification on Interest Waiver u/s 201(1A)(ii)/206C(7) [Read Circular]
The Central Board of Direct Taxes (CBDT) has issued a clarification dated...
CBDT Notifies Cost Inflation Index at 376 for New Financial Year, Applicable from April 1 [Read Notification]
The Ministry of Finance has notified the Cost Inflation Index (CII) for...
Trump-ets Blaring! How the US President is navigating India Trade Deal, Anti-Subsidy Threats against Tesla and Inflation on Chinese Products
US President Donald Trump’s current trade and economic strategy is...
8 Years of GST: A Gaze at Milestones, Misses and the Mapping of India’s Indirect Tax System
6 months have passed by since the beginning of 2025...
India-UK Free Trade Agreement: A Step Towards Stronger Economic Ties
The negotiation which has been started since 2022 between India...
Income Tax Compliance Calendar for July 2025
July 2025 is an important month for income tax compliance,...
Eight Years of GST: Eight Major Pain Points of Consumers, Businesses, Practitioners, and Bureaucracy
The Goods and Services Tax (GST), launched on July 1, 2017, was...
Inadvertent Mutual Fund Investment on Different PAN Explained: ITAT finds No Misreporting or Under reporting, Directs AO to verify both PANs [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT )...
Gauhati HC Allows to seek Restoration of Cancelled GST Registration on Payment of Full tax and Filing of Pending Returns [Read Order]
The Gauhati High Court allowed seeking the restoration of cancelled GST registration...
“Reasons is the Heartbeat of Every Conclusion”: Himachal Pradesh HC Quashes GST Appellate Order Dismissing Appeal on Limitation without Due Reasoning [Read Order]
The Himachal Pradesh High Court recently set aside an appellate order that...
GST Officer Must Consider Granting Additional Time for Reply When Repeated Adjournments Are Sought: Madras HC [Read Order]
The Madras High Court set aside a GST ( Goods and Services...
Know Your Rights: What Loan Recovery Agents Can and Cannot Do at Your Doorstep
In India’s rapidly expanding credit market, personal and business loans...
‘Reason to Believe’ Not Communicated to GST Fraud Accused During Arrest: Gauhati HC Grants Conditional Bail [Read Order]
The Gauhati High Court has conditionally granted bail to Varun Goyal, who...
Income Tax Dept Releases Updated List of 31 Banks for E-Pay Tax Facility
In a recent update to streamline online tax payments for...
CSR Contributions Eligible For Deduction as Donations If Conditions Satisfied u/s 80G: ITAT Accepts 50% of Total Donation [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that...
Income Tax Filing Checklist for NRIs: What You Must Know Before Filing in India
Filing income tax returns in India can feel complicated for Non-Resident Indians,...
Unsigned SCN and DRC-01A Nullify Signed GST Final Order, Rules Jharkhand HC [Read Order]
The Jharkhand High Court has held that the absence of...
Works Contract Not Taxable Under Commercial or Industrial Construction Services :CESTAT [Read Order]
The Chandigarh Bench of Customs,Excise and Service Tax Appellate Tribunal ( CESTAT...
New MCA V3 Filing Rules: AOC-4 Submissions Now Require Mandatory Linked Forms
The Ministry of Corporate Affairs (MCA) has released a new...
SC Slams GST Defaulters for Misusing Bail to Skip Security Deposit
The Supreme Court of India, took serious note of Central GST defaulters...
Government Extends Deadline to Opt for Unified Pension Scheme
The Ministry of Finance, Government of India, had notified the...
Two Income Tax Notice issued by CIT(A) in one Week amounts to Gross Violation of Opportunity to respond: ITAT Allows appeal of Geovista Technology LTD [Read Order]
In a recent case, the Hyderabad bench of the Income Tax Appellate...
CBIC Tightens Import Policy on Gold & Silver Compounds, Places Restriction on Items under CTH 2843 [Read Instruction]
The Central Board ofIndirect Taxes & Customs (CBIC) has issued Instruction No....
Rejection of GST S.161 Application for ‘No Apparent Error’ Set Aside by Madras HC, Orders Fresh Consideration [Read Order]
The Madurai Bench of the Madras High Court has set...
Gujarat High Court upholds Validity of GST Summons without DIN issued by State GST Officers [Read Order]
In a significant ruling for State Goods and Services Tax...
GST Portal Essentials: Know How to View Prosecution Notices issued by Tax Officials
The Goods and Services Tax (GST) portal has streamlined the process for...
Delaying your Income Tax Returns? File soon and Avoid Late Fees, Interest and Penal Action
The countdown to the Income Tax Return (ITR) filing deadline for the...
How to Merge V2 ID with V3 Business User Account on MCA Portal?
The Ministry of Corporate Affairs (MCA) has introduced a way...
How to Handle Inadvertently Rejected Records in IMS: GSTN Clarifies ITC and Liability Process
The Goods and Services Tax Network (GSTN) has issued a detailed advisory...
Rejecting GST ITC Refund on Basis of Extraneous Material: Patna HC Directs Rejection Order be treated as SCN for pursuing Proceedings [Read Order]
The Patna High Court recently dealt with the principles of...
At Least One GST Reminder Must Be Sent via RPAD Before Passing Ex-Parte Order : Madras HC [Read Order]
The Madras High Court has held that before passing an ex-parte order,...
ITAT Denies Section 54F Exemption for Property Purchased in Mother’s Name [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) denied a...
GST Portal Essentials: Know How to Accept/Reject Taxpayers’ Engagement Request as a GST Practitioner
The Goods and Services Tax (GST) regime in India has...
GST Rectification Application Rejected Stating ‘No errors apparent on the face of the record’: Madras HC sets aside Rejection Order [Read Order]
In a recent ruling, the Madurai bench of Madras High Court quashed...
GST Dept Counsel Admits No Personal Hearing Granted before Passing Order: Madras HC remands Matter on Pr-edposit Requirement [Read Order]
The Madras High Court has quashed a GST assessment order that was passed without...
Know Your Currency: Lesser Known Facts About The Indian Rupee
India’s relationship with its currency is as dynamic as the...
Delhi GST Dept Clarifies ITC Availability on Supply of Goods in Ex-Works Contracts [Read Order]
The Delhi Goodsand Services Tax (DGST) Department has issued a significant clarification...
Income Tax Portal Update: Here’s New Mandate on PAN Registration
Attention taxpayers, there is now a new update in the...
Is GST Applicable to Legal Services? What Every Lawyer and Client Must Know
If you’ve ever hired a lawyer or paid legal consultancy...
India’s Law Taxes It All: Taxing Income from Illegal Sources
We are all well familiar with the concepts of income...
How the Israel-Iran Conflict Impacts India’s Trade: Rising Oil Prices and Export Challenges
The rising conflict between Israel and Iran is not just...
CBI Seizes Cryptocurrencies Worth ₹2.8 Cr in Cyber Fraud Raid; Syndicate Targeted USA and Canada
The Central Bureau of Investigation ( CBI ) made an important discovery...
HC Rulings on GST Notices Issued to Deceased Individuals
INTRODUCTION In recent years, several High Courts have dealt...
A Dive into the Landscape of Corporate Restructuring: Mergers, Demergers, and Tax Implications
Corporate restructuring is a potent tool for businesses looking to...
Al & Automation in Tax Practice: Disruption or Opportunity?
With technology and artificial intelligence dominating every other industry, tax...
Role of Technology in Improving Tax Compliance in India
If we take a peek at history, enforcing tax compliance...
Income Tax Portal Update: Here’s New Mandate on PAN Registration
Attention taxpayers, there is now a new update in the...
Is GST Applicable to Legal Services? What Every Lawyer and Client Must Know
If you’ve ever hired a lawyer or paid legal consultancy...
Delhi GST Department Mandates Virtual Personal Hearings for Proceedings under DGST Act, Issues Guidelines [Read Circular]
The Delhi GST Department has issued guidelines mandating that all personal hearings...
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...
Complete Case Digest on Wrongful Availment of ITC
As per the GST provisions, if an entity wrongly avails...
Legality of Provisional Bank Attachments Under GST: How to Draft Reply Notice
Top Stories Legality of Provisional Bank Attachments Under GST: How...
Madras HC Directs to Allow Refund of Wrongly Paid GST under RCM, treating it as supply of “service” [Read Order]
Top Stories Madras HC Directs to Allow Refund of Wrongly...
Mistakenly Mentions Same Invoice Number in Multiple GST E-way Bills: Madras HC quashes DRC 07 Order, remands Matter [Read Order]
The Madras High Court quashed the DRC 07 Order noting...
CBDT Releases Circular on TDS Deduction from Salaries for FY 2024-25 u/s 192
The Central Board of Direct Taxes (CBDT) has released a...
The Issue of Fake Invoices and Non-Existent Businesses: Legal and Practical Considerations [Find Draft Reply Format Here]
Top Stories The Issue of Fake Invoices and Non-Existent Businesses:...
Supreme Court & High Courts Weekly Round-up [Feb 15th to Feb 21st,2025]
This weekly round-up analytically summarizes the key stories related to...
Avoiding Dual Jurisdictions in GST Assessments: How to Draft Reply Notices for SCN in Dual Jurisdiction Conflicts [Find Draft Format Here]
Top Stories Avoiding Dual Jurisdictions in GST Assessments: How to...
Beware of Fraudulent GST Violation Notice: Know How to Verify Authenticity of GST Notice
Top Stories Beware of Fraudulent GST Violation Notice: Know How...
NPS vs EPF: Comparing Best Retirement Savings Plan under New Tax Regime
Top Stories NPS vs EPF: Comparing Best Retirement Savings Plan...
Case Digest on Treatment of Capital Investments under Income Tax
Top Stories Case Digest on Treatment of Capital Investments under...
Complete Case Digest On Perquisites
Top Stories Complete Case Digest On Perquisites By Ipsita Das...
How Unregistered Dealers can Generate GST E-Way Bill: Form ENR-03 Explained
Top Stories How Unregistered Dealers can Generate GST E-Way Bill:...
Tax Deposited in Cash Ledger, Not set off during Return Filing & Interest demanded: Know Consequences & Draft Reply Format [Find Reply]
Top Stories Tax Deposited in Cash Ledger, Not set off...
Seeking Adjournment against a GST Show-Cause Notice [Find Draft Format Here]
Top Stories Seeking Adjournment against a GST Show-Cause Notice [Find...
A Comprehensive Case Analysis of Gift Tax
Top Stories A Comprehensive Case Analysis of Gift Tax Section...
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...
Rule 86B of CGST Rules limiting discharge of Output Tax Liability through ITC in Electronic Credit Ledger Ultra Vires HPGST Act: Himachal Pradesh HC [Read Order]
The Himachal Pradesh High Court recently observed that Rule 86B...
Madras HC directs Payment of 10% Disputed Tax and Reverification on ITC Mismatch between GSTR-3B and GSTR-2A [Read Order]
In a recent ruling regarding mismatch in the claim of...
Staying GST Recovery Proceedings awaiting Formation of GSTAT (Find Draft Request Format Here)
The Goods and Services Tax (GST), introduced in India on...
Rulings on Disallowance of Interest under Income Tax Act
Top Stories Rulings on Disallowance of Interest under Income Tax...
Income Tax on House Property should be Paid by Person who Benefits from Income, not just Registered Owner: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that...
Seeking Adjournment against a GST Show-Cause Notice [Find Draft Format Here]
Top Stories Seeking Adjournment against a GST Show-Cause Notice [Find...
Budget 2025-2026: CBIC releases FAQs w.r.t. Indirect Tax Amendment
Top Stories Budget 2025-2026: CBIC releases FAQs w.r.t. Indirect Tax...
[BREAKING] Budget 2025: Income Tax Dispute Resolution Panel to have Delayed Implementation of Faceless Scheme
The Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025...
FM Nirmala Sitharaman proposes Income Tax Exemption to Withdrawals from National Savings Scheme in Budget 2025
Top Stories FM Nirmala Sitharaman proposes Income Tax Exemption to...
Budget 2025: TDS limit on Dividend Income from Mutual Funds Increased to 10,000
Top Stories Budget 2025: TDS limit on Dividend Income from...
Budget 2025: ULIP Profits to Be Taxed as Capital Gains
The Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025...
Budget 2025: CBDT releases Income Tax Regime related FAQs
The Central Board of Direct Taxes (CBDT) has released the...
Case Digest on Rulings Related to Customs Duty Exemptions
Top Stories Case Digest on Rulings Related to Customs Duty...
GSTN Issues Advisory on Biometric-Based Aadhaar Authentication for GST Registration Applicants in Tamil Nadu and Himachal Pradesh
Top Stories GSTN Issues Advisory on Biometric-Based Aadhaar Authentication for...
MCA Imposes Penalty on Private Limited Company and its Directors for Non-Filing of Financial Statements for 5 Consecutive years u/s 137(3) of Companies Act [Read Order]
In the recent order of adjudication passed by the Ministry...
Failure to Maintain Registered Office by Company: Penalty imposed by MCA on Company and Directors [Read Order]
In the recent order of adjudication passed by the Ministry...
Pre-SCN Reply must be considered before Issuing GST SCN: Calcutta HC quashes Notice [Read Order]
Top Stories Pre-SCN Reply must be considered before Issuing GST...
[BREAKING] No Hard-Locking of Auto Populated GSTR-3B Values for Now in GST Portal: GSTN Advisory
The Goods and Services Tax Network (GSTN) has issued an...
Budget Speeches: Milestones and Records
The Union Budget is a vital document that outlines the...
Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumar’s Insolvency Petition [Read Order]
Recently the National Company Law Tribunal ( NCLT ), New...
Moratorium period u/s 101 of IBC cannot be Extended Beyond 180 Days: NCLAT [Read Order]
Top Stories Moratorium period u/s 101 of IBC cannot be...
Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]
Top Stories Insolvency Application against Personal Guarantor is Maintainable u/s...
CESTAT Weekly Round-Up [Jan 18 to Jan 24, 2025]
Top Stories CESTAT Weekly Round-Up [Jan 18 to Jan 24,...
DGFT Updates Import Policy Conditions for Glufosinate Technical under Chapter 38 of ITC (HS) 2022 [Read Notification]
The Directorate General of Foreign Trade ( DGFT ) under...
Centre Announces Unified Pension Scheme: Retired NPS Employees Eligible to Opt for UPS [Read Notification]
Top Stories Centre Announces Unified Pension Scheme: Retired NPS Employees...
Unexplained Cash Deposits during Demonetization: ITAT Limits Addition to ₹10 Lakhs Considering Possible Cash Sales [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT...
Cash Deposits during Demonetization: ITAT confirms Addition of ₹1.10 Cr u/s 69A and 115BBE of Income Tax Act [Read Order]
Top Stories Cash Deposits during Demonetization: ITAT confirms Addition of...
GST on Capital Goods: Know About ITC, Conditions, and Compliance Essentials
Top Stories GST on Capital Goods: Know About ITC, Conditions,...
Loans from IPO Proceeds, Not Borrowed Funds: ITAT directs AO to recompute Interest Disallowance [Read Order]
Top Stories Loans from IPO Proceeds, Not Borrowed Funds: ITAT...
Insufficient Evidence to Prove Loan Creditworthiness: ITAT remands Unexplained Cash Deposits matter for Reconsideration [Read Order]
Top Stories Insufficient Evidence to Prove Loan Creditworthiness: ITAT remands...
AO Adds based on Mobile Phone Image Indicating Higher Sale Consideration: ITAT Deletes due to Absence of Corroborative Evidence [Read Order]
Top Stories AO Adds based on Mobile Phone Image Indicating...
ITAT Orders Verification of TDS Deposits, Grants Relief to Assessee [Read Order]
In a recent decision, the Income Tax Appellate Tribunal (...
Supreme Court directs Bail for Woman Charged for Non-Bailable Offence u/s 45(1), PMLA citing No Speedy Conclusion of Trial [Read Judgment]
The Supreme Court of India recently directed a Special Court...
Delhi HC: Section 129 of GST Act cannot Override Procedural Safeguards for Minor Breaches [Read Order]
Top Stories Delhi HC: Section 129 of GST Act cannot...
Bombay High Court sets aside GST Order due to Improper Service of Notice u/s 37C (1) of CGST Act [Read Order]
Top Stories Bombay High Court sets aside GST Order due...
Commission Paid to Non-Residents for Services Rendered Outside India Not Taxable Without PE: ITAT [Read Order]
Top Stories Commission Paid to Non-Residents for Services Rendered Outside...
Disallowance of Sales Promotion Expense u/s 37(1): ITAT Allows Deduction Based on Evidence Provided [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal(ITAT)allowed the deduction...
ITAT Grants Exemption u/s 10(10B) for VRS Compensation Citing Central Government-Approved Scheme Benefiting Employees [Read Order]
The Chandigarh Bench of Income Tax Appellate Tribunal (ITAT) granted...
ITAT Grants Exemption u/s 10(10B) for VRS Compensation Citing Central Government-Approved Scheme Benefiting Employees [Read Order]
The Chandigarh Bench of Income Tax Appellate Tribunal (ITAT) granted...
Foreign Exchange Management (Deposit) Regulations, 2025: Fifth Amendment [Read Notification]
Top Stories Foreign Exchange Management (Deposit) Regulations, 2025: Fifth Amendment...