In the process of filing GSTR-1, taxpayers often make unintentional errors such as leaving certain tables blank or missing key details. One common issue arises when no value is entered in Table 14, which relates to tax liability adjustments through debit …
The government is actively considering a major reform in the Goods and Services Tax (GST) regime by allowing refunds of unutilized Input Tax Credit (ITC) on capital goods in cases of inverted duty structure (IDS). At present, such refunds are restricted only to …
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, in the landmark case of Enormous Nivesh Pvt. Ltd. vs. Assistant Commissioner of Income Tax, pronounced on 30th September 2025, delivered a significant ruling concerning the applicability of Section 56(2)(viia) of the Income Tax Act, 1961, …
Reports indicate that activist Suraj Kumar Bauddh has requested permission from the Attorney General (AG) of India to initiate criminal contempt proceedings against preacher Aniruddhacharya and YouTuber Ajeet Bharti. This request follows an incident in which a lawyer attempted to …
The Goods and Services Tax Network (GSTN) has issued an advisory to clarify certain misconceptions circulating about recent changes in the GST return filing process, particularly concerning the Invoice Management System (IMS) and Input Tax Credit (ITC) flow. No Change in ITC Auto-Population Process …
In a significant ruling dated 2 September 2025, the Goods and Services Tax Appellate Tribunal (GSTAT), New Delhi, held a hotel guilty of profiteering under Section 171 of the CGST Act, 2017. The case arose when the hotel, despite a notified reduction in GST rate …
The Supreme Court of India has sought a response from the Union Finance Ministry on a petition questioning the constitutional validity of the Securities Transaction Tax (STT). The plea, filed by trader Aseem Juneja, challenges the legality of the STT, claiming it amounts to double taxation and violates …
In the case of Vitthaldas Nathubhai Shah v. Pr. CIT-3, decided by the Income Tax Appellate Tribunal (ITAT), Ahmedabad on 24 September 2025, the Tribunal examined the validity of a Section 263 revision order issued by the Principal Commissioner of Income Tax. The revision pertained to …
In a dramatic turn of events, the Delhi Police have released Advocate Rakesh Kishore, a 71-year-old lawyer, who attempted to throw a shoe at Chief Justice of India (CJI) B.R. Gavai during open court proceedings in the Supreme Court. The release followed after the Supreme Court …
New Delhi, October 6, 2025 — The Bar Council of India (BCI) has suspended advocate Rakesh Kishore from practicing law after he allegedly attempted to throw a shoe at Chief Justice of India (CJI) B.R. Gavai during open court proceedings in the Supreme Court. The …
The Madras High Court in Sharp Tanks & Structurals Pvt. Ltd. v. Deputy Commissioner (GST Appeals) (decided on 17 September 2025) held that the limitation period for filing an appeal under Section 107 of the CGST/TNGST Act begins only from …
In a landmark judgment, the Supreme Court of India in Muruganandam v. Muniyandi (Died) through LRs, 2025 (SC) 549, clarified the legal admissibility of unregistered agreements to sell in suits for specific performance. The Court held that an unregistered sale agreement can …
New Delhi, October 6, 2025: A dramatic incident unfolded inside the Supreme Court of India on Monday when a lawyer, identified as Rakesh Kishore, allegedly attempted to throw a shoe at Chief Justice of India (CJI) B.R. Gavai during open …
In a major relief to taxpayers and professionals, the Gujarat High Court has directed the Central Board of Direct Taxes (CBDT) to extend the Income Tax Return (ITR) filing due date for audit cases to November 30, 2025. This order follows petitions filed by the All India Federation …
The Bombay High Court, in its recent decision dated 12 September 2025 in the case of Vaibhav Maruti Dombale v. Assistant Registrar, ITAT, addressed an important question concerning the scope of the Income Tax Appellate Tribunal’s (ITAT) power to recall or rectify its own …
The Karnataka High Court, in its judgment dated 5th August 2025 in The Income Tax Officer & Others v. Venkatal a Iyyappa Rajanna (W.A. No. 612/2025), quashed a reassessment notice issued under Section 148A(b) of the Income-tax Act, 1961. The Court held that the Assessing Officer …
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Bangalore has deleted a penalty of ₹20 lakh levied under Section 271D of the Income Tax Act on an assessee for receiving part of the property sale consideration in cash. The Tribunal held that …
The Hon’ble Supreme Court of India, in the landmark case Sanjabij Tari v. Kishore S. Borcar [2025 INSC 1158; 2025 LiveLaw (SC) 952], delivered on September 25, 2025 by Justices Manmohan and N.V. Anjaria, has laid down important directions to streamline and expedite proceedings under Section 138 …
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT), in the case of Kn Support Services Private Limited vs. DCIT (29 August 2025), dealt with the issue of delayed filing of Form 10-IC under Rule 21AE of the Income Tax Rules. The …
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) recently dealt with the issue of penalty under section 271D of the Income-tax Act, 1961, in the case of Smt. Nimmatoori Yashoda vs DCIT. The assessee had received substantial cash consideration on sale …