The introduction of the Income Tax Act, 2025 marks a significant transformation in India’s taxation framework, particularly in the area of Tax Deducted at Source (TDS). For decades, professionals and businesses have navigated a complex web of multiple TDS provisions under the …
The Calcutta High Court has once again reinforced the foundational principle of natural justice by holding that a final assessment order passed without granting a personal hearing is legally unsustainable—even in cases where a pre–show cause notice (SCN) hearing is …
In a significant ruling dated March 25, 2026, in case of M/s S. Chand and Company Pvt. Ltd. v. Employee xxx, the Delhi High Court provided much-needed clarity on the distinction between contractual breaches and defamation claims in employer-employee disputes. …
The National Company Law Tribunal (NCLT) Indore Bench recently delivered a significant ruling in the corporate insolvency resolution process (CIRP) of GEI Power Limited, reinforcing the strict eligibility criteria established under the Insolvency and Bankruptcy Code (IBC). The tribunal explicitly rejected an impleadment …
This post analyzes the recent judgment by the Gujarat High Court in the matter of [2026] 184 taxmann.com 349 (Gujarat), where the court granted regular bail to an accused involved in a high-stakes Input Tax Credit (ITC) fraud case. The ruling serves as a significant …
The Uttarakhand High Court has delivered a landmark ruling that reinforces the principles of natural justice within the GST framework. In the case of [2026] 184 taxmann.com 346 (Uttarakhand), the Court quashed a tax demand order on the grounds that a …
In a landmark ruling for private sector employment law, the Delhi High Court has reinforced the principle of contractual finality. The court held that an employee who accepts and encashes a cheque issued in lieu of a notice period effectively waives their …
In a significant judgment impacting public employment, particularly in disciplined forces such as police and paramilitary services, the Supreme Court of India has reaffirmed that mere acquittal in a criminal case—especially on the basis of “benefit of doubt”—does not automatically …
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has clarified that once a taxpayer opts for presumptive taxation under Section 44AD of the Income Tax Act, no separate addition can be made under Section 43CA of …
The recent decision of the Delhi High Court in MakeMyTrip (India) Pvt. Ltd. v. DCIT serves as a significant reminder of the importance of reasoned decision-making by tax authorities, especially in matters involving applications for lower or nil tax deduction at source …
The Supreme Court of India recently delivered a landmark judgment in V. Ganesan v. State (2026), fundamentally refining how the law interprets the dishonour of a Post-Dated Cheque (PDC) in relation to the criminal charge of cheating under Section 420 of the Indian Penal Code (IPC). This …
In a landmark judgment delivered on March 16, 2026, the Delhi High Court has significantly expanded the horizon for the Enforcement Directorate (ED) in its battle against money laundering. The Division Bench, comprising Justices C. Hari Shankar and Om Prakash Shukla, ruled that property …
In a major relief for taxpayers, the Gujarat High Court has ruled that the Commissioner of Income Tax (CIT) cannot reject an application for condonation of delay by citing reasons that are completely outside the scope of that specific application. …
A landmark ruling by the Jammu & Kashmir and Ladakh High Court (March 2026) has provided a crucial lifeline for taxpayers who defaulted on payments under the original Direct Tax Vivad Se Vishwas (DTVSV) Act, 2020. The court clarified that a payment default …
A brewing crisis over LPG supplies in Maharashtra has reached the doors of the Bombay High Court. The Nagpur Bench recently flagged a “serious issue” following a petition that claims domestic gas is being shipped abroad while local kitchens and businesses …
The Bench-Bar Consensus: High Courts Rally Behind Practice Mandate In response to the Supreme Court’s request for feedback, ten High Courts—including Delhi, Gauhati, Odisha, and Chhattisgarh—have filed submissions supporting the mandatory three-year bar practice requirement. Uniformity is Key: The Delhi High Court emphasized the …
In a significant ruling, the Bombay High Court has clarified that the limitation period for passing an order treating a person as an “assessee in default” under Section 201 of the Income Tax Act, 1961 must be calculated quarter-wise based on the filing …
In a notable ruling, the Income Tax Appellate Tribunal (ITAT), Delhi Bench has quashed reassessment proceedings initiated against former IPL commissioner Lalit Kumar Modi concerning alleged unexplained credit card expenditure and private jet travel costs. The Tribunal held that reassessment proceedings cannot be initiated …
In a significant ruling strengthening the principles of natural justice in GST proceedings, the Delhi High Court held that retrospective cancellation of GST registration cannot be sustained when the Show Cause Notice (SCN) fails to specify the reasons for such action. The …
In a recent regulatory disclosure, Polycab India Limited informed stock exchanges that it has received an income tax assessment order raising a demand of approximately ₹327.45 crore for the Assessment Year (AY) 2024-25 (corresponding to FY 2023-24). The order has …