In an important ruling that provides clarity on capital gains exemption under the Income Tax Act, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that merely describing a property as “commercial” in a sale deed is not …
In a significant ruling reinforcing procedural fairness in tax administration, the Income Tax Appellate Tribunal (ITAT), Kolkata Bench, held that failure to provide an assessee with the tally data and forensic analysis report relied upon by the tax authorities amounts …
In a significant ruling highlighting the relationship between tax adjudication and criminal proceedings under the Goods and Services Tax (GST) framework, the Allahabad High Court has held that although criminal prosecution and assessment proceedings are legally independent, the outcome of …
In a significant ruling reinforcing the principle that tax additions cannot rest merely on suspicion or unverified intelligence inputs, the Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion of an addition of ₹26.08 lakh made …
In a significant ruling that strengthens taxpayer protections against arbitrary reassessment proceedings, the Gujarat High Court has held that merely recording high-value bank transactions is not sufficient to reopen an income tax assessment unless there is tangible material demonstrating actual …
In a significant ruling reinforcing procedural safeguards under GST law, the Gauhati High Court has held that issuance of a Summary Show Cause Notice in Form GST DRC-01 alone cannot replace the statutory requirement of issuing a proper Show Cause …
In a significant ruling on reassessment proceedings under the Income Tax Act, the Gujarat High Court has held that reassessment cannot continue when the alleged escaped income falls below the statutory threshold prescribed under Section 149. The judgment provides important …
In a significant ruling reinforcing consumer protection under the GST regime, the Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) has upheld an anti-profiteering order against Hyderabad-based Vishwanath Cinema Hall 70MM for failing to transfer the benefit …
In an important ruling concerning cash transactions and recovery of debts, the Madras High Court has held that a loan advanced in cash, even if it violates the provisions of the Income Tax Act, does not automatically become illegal or …
In a significant ruling reinforcing the constitutional separation of powers, the Delhi High Court dismissed a Public Interest Litigation (PIL) that sought judicial directions to impose tax on agricultural income in Delhi. The Court held that taxation policy and legislative …
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 …