Aditya Narayan Parida 
Section 80C of the Income Tax Act, 1961, allows individual taxpayers and Hindu Undivided Families (HUFs) to claim deductions from their gross total income by investing or spending in specified avenues. The maximum deduction limit under Section 80C is ₹1.5 lakh …
When it comes to calculating taxable income, salaried individuals often overlook the various allowances that are exempt under the Income Tax Act, 1961. Among these, Section 10(14) plays a crucial role in offering tax relief through specific exemptions granted by employers. This section …
In a growing outcry across Gujarat, traders have accused both Central and State GST officers of grossly misusing Section 67(1) of the Goods and Services Tax (GST) Act, leading to harassment, fear, and alleged extortion under the guise of inspections. Allegations …
The Delhi High Court, in an order dated May 29, 2025, has held that a minor—even an orphaned minor—is treated as an “individual” under the Income Tax Act, and therefore, their income is assessable separately in their own name. 🧾 Key Holdings of …
In a significant ruling dated 20 June 2025, the Madras High Court reaffirmed the importance of effective service of notices under the GST law. The case, titled Tvl. Metro Computers vs Deputy State Tax Officer (W.P. No. 15793 of 2025), dealt with the issue of ex-parte GST …
Telangana High Court Grants Interim Relief to NRSC in GST Dispute In a significant development, the Telangana High Court has granted interim relief to the National Remote Sensing Centre (NRSC) in a pending GST liability case. The court has directed tax authorities to refrain from taking …
Kerala becomes the first Indian state to implement a fully digital adjudication process for State GST matters. In a major digital governance initiative, the State Goods and Services Tax (SGST) Department of Kerala has introduced a pilot project for ‘Faceless Adjudication’, starting August 1, …
In a significant ruling, the High Court has strongly cautioned against passing ex parte GST assessment orders based solely on notices uploaded on the GST portal. The decision came in response to a writ petition filed by a taxpayer company …
The Karnataka High Court, in a significant ruling, has clarified that directors disqualified under Section 164(2) of the Companies Act, 2013 can be barred from serving as directors in all companies, not just the company that is in default. The Court further upheld that …
In a significant compliance enforcement action, the Ministry of Corporate Affairs (MCA) has imposed a total penalty of ₹3 lakh on a private limited company and its two directors for failing to maintain a registered office as required under the Companies Act, 2013. 🔍 Background of the Case The penalty …
Cosmo Films Ltd vs CBDT | Landmark Delhi High Court Ruling In a significant ruling that reinforces taxpayer rights in the digital era, the Delhi High Court has permitted manual filing of ITR-6 after a software error denied rightful tax benefits to Cosmo Films Limited. …
Starting Assessment Year 2025–26, individuals with aggregate savings bank deposits exceeding ₹50 lakh in a financial year are mandatorily required to file an Income Tax Return (ITR), even if their total income falls below the taxable threshold. In a significant …
The Calcutta High Court, in a significant ruling in the case of Sayan Biswas vs. Deputy Commissioner of Revenue, has clarified the legality of initiating separate GST proceedings under Sections 73 and 74 of the WBGST/CGST Act, 2017. While upholding …
Here are the key facts and legal reasoning in Mahesh Kumar Mishra v. Union of India, decided by the Calcutta High Court on 14 July 2025, where the Court remanded the matter because the appellate order failed to adequately address the recovery of tax before …
In a landmark order dated 9 July 2025, the Delhi bench of the ITAT rebuked the Assessing Officer’s attempt to tax a trust for failing to apply or accumulate income that the trust had not even received. The case reaffirms that tax …
In its 16 July 2025 order in W.P.(C) No. 471/2025, the Gauhati High Court quashed a summary SCN and order issued to Air Transport Corporation Assam Pvt. Ltd., holding that statutory SCNs and adjudication orders under Sections 74 and 75 cannot …
The Central Government has clarified that there is no proposal to impose Goods and Services Tax (GST) on Unified Payments Interface (UPI) transactions exceeding ₹2,000. Addressing the Rajya Sabha, Pankaj Chaudhary, Minister of State for Finance, stated that the GST Council has made …
The Income Tax Department of India has prescribed different Income Tax Return (ITR) forms for different categories of taxpayers, depending on their residential status, nature of income, and amount of income. Selecting the correct ITR form is crucial for accurate filing, compliance, and avoiding notices or …
As the income tax return (ITR) filing deadline of September 15 approaches, taxpayers are gearing up to gather all necessary financial information. To ensure accuracy in ITR filing, individuals often refer to multiple documents such as Form 16, Form 26AS, and the Annual Information Statement …
Delhi ITAT rules in favour of assessee—sales already recorded in books cannot be taxed again as unexplained money under Section 69A or unexplained expenditure under Section 69C. Read full case details here. 🧭 Introduction: In a noteworthy judgment that reaffirms the …