The CBDT’s Income-tax (Fifth Amendment) Rules, 2026 introduce key TDS compliance and reporting changes for immovable property transactions involving non-residents, effective from 1 October 2026. The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Fifth Amendment) Rules, 2026 through Notification …
Rajasthan RERA awards ₹1 lakh compensation to homebuyers after a promoter retained their ₹1.45 lakh booking amount for years, highlighting buyers’ rights to refund and compensation under RERA. Case Name: Seema Devi & Ors. v. Ravi Surya Affordable Homes Pvt. Ltd. …
GSTAT Bengaluru rules that an e-way bill and tax invoice generated after interception cannot retrospectively validate goods movement, upholding penalty under Section 129 of the CGST Act. Case Title: Heramb Enterprises v. C Pushpalatha, Additional Commissioner of Commercial Taxes Case No.: …
Calcutta High Court upholds ITAT relief in ₹85.13 crore bogus purchases case, holding that a different view by AO or CIT(A) is not enough for interference under Section 260A. The Calcutta High Court has upheld the Income Tax Appellate Tribunal’s …
Allahabad High Court rules that retirement benefits depend on length of service, not merely the post held, directing pension and gratuity benefits after nearly 30 years of service. The Allahabad High Court has delivered an important ruling on retirement benefits, pension …
Delhi High Court sets aside rejection of GST revocation plea, stressing effective personal hearing and proper identification of the concerned GST officer. The Delhi High Court has set aside the rejection of an application seeking revocation of cancellation of GST registration, …
Karnataka High Court holds that a Section 143(1) intimation issued without adjustment cannot be revised under Section 263, clarifying the limits of revisionary jurisdiction. The Karnataka High Court has clarified an important issue concerning the scope of revisionary powers under Section …
Delhi High Court holds that objections to parallel State GST and DGGI proceedings under Section 6(2)(b) of the CGST Act can be raised before the statutory appellate authority. Case: Saraswati Printers v. Directorate General of GST Intelligence, DZU & Ors. Case …
Delhi High Court upholds Delhivery’s ₹51.48 crore ESOP expenditure deduction and rejects ₹62.72 lakh addition under Section 56(2)(viib) over valuation rules. Case Name: Pr. Commissioner of Income Tax (Central)-2 v. M/s Delhivery Pvt. Ltd. Case No.: ITA No. 479/2024 Court: Delhi High Court …
Can a taxpayer pass on the benefit of a GST rate reduction to customers through electronic gift vouchers instead of reducing the selling price or making a direct cash refund? The GST Appellate Tribunal (GSTAT), Principal Bench, Delhi, has recently …
The power of GST authorities to conduct search and investigation is an important enforcement mechanism under the Goods and Services Tax law. However, the exercise of such powers is required to remain within the statutory framework and prescribed departmental guidelines. …
The Supreme Court has reiterated an important principle of income tax law: CBDT circulars and administrative instructions may bind tax authorities, but they do not bind constitutional courts while interpreting the Income Tax Act. In Orient Crafts Limited v. Commissioner of Income …
The Delhi High Court has upheld the validity of the GST mechanism that permits common adjudication of composite Show Cause Notices (SCNs) involving multiple noticees falling under different jurisdictions. The Court has also upheld the criterion under which the officer having jurisdiction …
The Bombay High Court has held that an income-tax penalty cannot be sustained merely because a taxpayer’s expenditure claim is subsequently reduced pursuant to a position agreed under an Advance Pricing Agreement (APA). The Court observed that treating such a reduction …
The Central Board of Direct Taxes (CBDT) has brought about a significant change in the mechanism for recovery of outstanding income-tax dues by removing the provisions relating to arrest and detention of tax defaulters under the tax recovery rules. Through Notification …
Punjab & Haryana High Court directs income tax authorities to adopt a liberal approach while considering genuine hardship in condoning delay in filing returns, particularly where CBDT circulars apply. Introduction The Punjab and Haryana High Court has reiterated that income …
Allahabad High Court directs SBI to refund ₹19.90 lakh debited from a widow’s fixed deposit towards her deceased husband’s loan, along with interest and ₹1 lakh compensation. Introduction In an important ruling concerning banking law, recovery of loans and protection of …
The Supreme Court has clarified an important aspect of income tax reassessment proceedings by holding that an Assessing Officer (AO) cannot reopen matters that have already attained finality through an order of the Income Tax Settlement Commission (ITSC). In Assistant Commissioner …
The Delhi High Court has directed the Central Government to decide a representation challenging the September 21, 2026 deadline for private individuals, professionals and commercial entities to migrate from FIPS 140-2 cryptographic tokens to the newer FIPS 140-3 standard for …
The Rajasthan High Court has upheld the constitutional validity of Section 16(2)(c) of the Central Goods and Services Tax Act, 2017 (CGST Act), which makes the actual payment of tax by the supplier to the Government an essential condition for the …