In a significant development concerning tax policy and constitutional governance, the Supreme Court of India declined to entertain a petition seeking the introduction of a “creamy layer” mechanism in the income-tax exemption available to Scheduled Tribes (STs) residing in specified …
In a significant ruling on reassessment proceedings under the Income Tax Act, the Gujarat High Court has held that reassessment cannot be sustained where the alleged recomputation does not result in any actual income escaping assessment. The Court quashed reopening …
In a significant ruling strengthening the legal framework governing cheque dishonour disputes, the Kerala High Court has reiterated that a demand notice returned with the postal endorsement “unclaimed” can still satisfy the statutory notice requirement under Section 138 of the Negotiable Instruments …
In a significant ruling protecting the rights of bank customers while maintaining the integrity of investigations, the Karnataka High Court has clarified that banks cannot impose a complete freeze on a customer’s bank account when investigative agencies have directed freezing …
In a significant development for tax litigation and constitutional jurisprudence, the Madras High Court has issued notice on a writ petition challenging several retrospective amendments made to the Income-tax Act, 1961 through the Finance Act, 2026. The petition raises serious …
In a significant ruling on demonetisation-related income tax disputes, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition of ₹5.60 crore made under Section 69A of the Income Tax Act against a Delhi-based jeweller. The …
A shocking GST fraud case from Ahmedabad has highlighted the growing risks businesses face when tax compliance is outsourced without proper oversight. A 76-year-old trader is reportedly facing a tax burden exceeding ₹1.2 crore after his long-time tax consultant allegedly …
In a significant judgment reinforcing the constitutional principle of “equal pay for equal work,” the Supreme Court of India delivered a major ruling in Shah Samir Bharatbhai & Ors. v. State of Gujarat & Ors. (2025 INSC 1026). The Court held that contractual …
In a significant judgment strengthening employee protection under service jurisprudence, the Supreme Court of India has ruled that dismissal from service should be imposed only in cases involving grave misconduct and only after carefully evaluating all relevant circumstances. The Court …
In a significant ruling reinforcing procedural accountability in tax litigation, the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, held that a taxpayer cannot seek relief from earlier instances of non-compliance merely because the final appellate notice was sent to a …
In a notable judgment strengthening employee rights under Indian labour laws, the Himachal Pradesh High Court has reiterated that employers cannot terminate workers arbitrarily after they have completed 240 days of continuous service without complying with mandatory legal requirements under …
In a significant ruling concerning depreciation claims on goodwill under the Income Tax Act, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that depreciation cannot be claimed on goodwill arising out of an unsigned and unregistered …
In a significant ruling that provides clarity on the treatment of client funds handled by professionals, the Income Tax Appellate Tribunal (ITAT), Chennai, in the case of Bose Saravanan Vs DCIT, held that amounts received by a Chartered Accountant exclusively for …
In a landmark ruling that could significantly influence the taxation of startup funding and corporate restructuring transactions in India, the Income Tax Appellate Tribunal (ITAT), Delhi Bench, has granted substantial relief to OYO Hotels and Homes Private Limited by deleting …
In a significant relief for exporters and GST taxpayers, the Bombay High Court has held that a second refund application under Section 54(1) of the Central Goods and Services Tax (CGST) Act, 2017 is maintainable even when an earlier refund …
In a significant ruling with far-reaching implications for infrastructure developers and concessionaires, the Rajasthan High Court has upheld the levy of Goods and Services Tax (GST) on a highway concessionaire operating under a Design, Build, Finance, Operate and Transfer (DBFOT) …
In a significant ruling concerning unexplained cash credit provisions under Section 68 of the Income Tax Act, the Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that a lender’s income for a particular assessment year cannot be …
In a significant development under the Goods and Services Tax (GST) framework, the Central Board of Indirect Taxes and Customs (CBIC) is in the process of drafting rules to operationalise Section 11A of the Central Goods and Services Tax (CGST) …
In a significant ruling for charitable and religious trusts seeking income tax exemptions, the Kerala High Court has directed the Commissioner of Income Tax (Exemptions) [CIT(E)] to reconsider the registration claim of Atma Bodhodaya Sangham Sree Subhananda Trust under Section …
Filing an Income Tax Return (ITR) is a statutory obligation for many taxpayers in India. While the process has become more convenient with online filing facilities, taxpayers often make avoidable mistakes that can lead to notices, delayed refunds, additional tax …