Adv Aditya Narayan 
The scope and limits of reassessment proceedings under Sections 147 and 148 of the Income Tax Act, 1961 have long been a subject of litigation. In a significant ruling, the Supreme Court of India in the case of Commissioner of …
In a significant ruling with far-reaching implications for GST litigation and corporate restructuring, the Bombay High Court has quashed a ₹10.25 crore GST demand raised against Capital First Limited after its merger with IDFC First Bank. The Court categorically held …
In a significant judgment for corporate groups and infrastructure companies, the Bombay High Court has held that corporate guarantees provided by a holding or group company to banks on behalf of its subsidiaries without consideration are not taxable under the …
In a significant ruling on reassessment proceedings under the Income Tax Act, the Supreme Court in Sanand Properties P. Ltd. v. Joint Commissioner of I.T. Range 6 has held that merely disclosing a transaction during the original assessment does not …
In a significant ruling strengthening the rights of accident victims and their dependents, the Orissa High Court, in New India Assurance Company Ltd. v. Namita Mohanty, enhanced the compensation awarded by the Motor Accident Claims Tribunal (MACT) to ₹1,18,40,045 along with …
In a significant ruling reinforcing the principle that income tax assessments must be based on concrete evidence rather than assumptions, the Supreme Court of India has dismissed the Revenue Department’s Special Leave Petition (SLP) against Mahamaya Steel Industries Ltd.. The …
In a significant ruling protecting taxpayers against arbitrary administrative action, the Gauhati High Court has held that GST registration cannot be cancelled through a vague and non-speaking order. The Court emphasized that authorities exercising statutory powers under the GST law …
In a significant ruling concerning the interpretation of the Income Declaration Scheme (IDS), 2016, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that undisclosed income declared under the IDS cannot be taxed in the original assessment …
The Calcutta High Court has delivered a significant judgment in favour of taxpayers by holding that a minor procedural delay should not deprive an assessee of substantive tax benefits. In the case of Padmalochanan Radhakrishnan vs. Union of India & …
In a significant ruling under the Goods and Services Tax (GST) regime, the Patna High Court has clarified that a second or repeated personal hearing is not mandatory under Section 75(4) of the CGST Act when the tax authority has …
In a significant development for employees across India, the Karnataka High Court has reaffirmed the right of employees in exempted establishments to claim higher pension under the Employees’ Pension Scheme (EPS), 1995, provided their provident fund (PF) contributions were made …
The introduction of Form 164 under Section 507 of the Income-tax Act, 2025 has brought a new layer of compliance for professionals operating in the entertainment and events industry. This includes film producers, OTT content creators, sports event organizers, and event management …
In a significant ruling that reinforces the importance of substantive evidence over mere data mismatches, the Income Tax Appellate Tribunal (ITAT) has held that unreconciled Statement of Financial Transactions (SFT) entries alone cannot justify additions under Section 69A of the Income …
In a significant ruling that reinforces settled principles of income classification under the Income Tax Act, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that receipts arising from the transfer of a capital asset cannot be …
In a significant ruling that brings clarity to GST litigation and procedural practice, the Karnataka High Court has held that tax authorities are legally permitted to issue a single consolidated show cause notice (SCN) covering multiple financial years or tax periods under Sections 73 …
In a significant ruling reinforcing the jurisdictional limits of appellate authorities, the Income Tax Appellate Tribunal (ITAT), Chennai Bench, has held that the Commissioner of Income Tax (Appeals) [CIT(A)] cannot issue directions for reopening assessments of years that are not …
In a significant judgment of GST strengthening safeguards for corporate employees, the Bombay High Court has clarified that penalties under Section 122(1A) of the CGST Act cannot be imposed on employees unless they qualify as “taxable persons” and have personally …
In a significant ruling reinforcing the principles of fair taxation, the Chhattisgarh High Court has held that income tax additions cannot be sustained when they are based purely on guesswork, suspicion, or estimation without supporting material evidence. The judgment in the case …
High-value credit card transactions are increasingly under the scrutiny of the Income Tax Department through mechanisms like the Statement of Financial Transactions (SFT) and Annual Information Return (AIR). However, a crucial question arises—can such transactions automatically be treated as undisclosed …
In a significant ruling with practical implications for penalty proceedings under the Income Tax Act, the Kerala High Court has clarified that approval granted by an Additional Commissioner of Income Tax is legally valid for the purposes of Section 274(2). …