The Calcutta High Court has delivered a significant judgment emphasizing that procedural non-compliance under the Goods and Services Tax (GST) regime should not automatically result in irreversible consequences, particularly when it threatens the livelihood of farmers and disrupts legitimate business activities. In …
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has delivered an important ruling in favour of taxpayers by holding that Tax Deducted at Source (TDS) credit cannot be denied merely because it was not claimed in the original Income Tax Return …
The fight against fraudulent Goods and Services Tax (GST) Input Tax Credit (ITC) claims has received another significant judicial endorsement. In a notable ruling, the Court of Session at Greater Bombay held that criminal liability under the Central Goods and …
In a landmark judgment that brings much-needed clarity to the assessment of income in motor accident compensation claims, the Supreme Court of India has laid down a structured formula for determining the annual income of deceased victims under the Motor …
The Allahabad High Court has delivered a significant ruling protecting the independence of the legal profession by holding that professional fees received by an advocate from a client cannot automatically be treated as “proceeds of crime” merely because the client …
In a landmark ruling reinforcing the importance of procedural fairness in tax administration, the Calcutta High Court has quashed an income tax assessment order and consequential demand of ₹87.20 crore raised against Pricewaterhouse Coopers Private Limited (PwC). The Court held that the Income …
In a significant ruling offering relief to retired employees, the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has held that compensation received under the BSNL Voluntary Retirement Scheme (VRS) qualifies for tax exemption under Section 10(10B) of the Income Tax …
In a significant ruling on the scope of arrest powers under the Goods and Services Tax (GST) framework, a Chennai court has held that tax authorities are not required to wait for completion of assessment or adjudication proceedings before initiating …
In a significant ruling on the scope of penalty proceedings under the Income Tax Act, the Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted penalties imposed under Section 271DA, holding that the Income Tax Department failed to …
In a significant ruling with wide implications under the Goods and Services Tax (GST) regime, the Madurai Bench of the Madras High Court has held that GST proceedings can be initiated and continued against legal heirs even when no tax …
In a significant ruling reinforcing the principles governing reassessment proceedings under income tax law, the Gujarat High Court has set aside reassessment action initiated against Ammann India Private Limited. The Court held that reopening an assessment merely by treating a …
In a significant ruling providing clarity on the Goods and Services Tax (GST) treatment of compensation payments, the Gujarat Authority for Advance Ruling (AAR) has held that compensation recovered by businesses from transporters for transit-related losses, damage, shortages, or negligence …
In a significant ruling reinforcing the principles of natural justice and fair hearing, the Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has condoned an extraordinary delay of 1,542 days in filing an appeal after finding that the taxpayer …
In a significant ruling reaffirming the constitutional limits on judicial intervention in election matters, the Madras High Court has refused to direct an investigation into the financial disclosures made by Tamil Nadu Chief Minister and Tamilaga Vettri Kazhagam (TVK) chief …
In a significant ruling safeguarding taxpayers’ rights under the Goods and Services Tax (GST) regime, the Supreme Court has affirmed that GST authorities cannot block Input Tax Credit (ITC) beyond the amount actually available in a taxpayer’s Electronic Credit Ledger …
In a significant ruling strengthening procedural safeguards in GST enforcement, the Allahabad High Court held that arrest powers under the Goods and Services Tax (GST) law cannot be exercised mechanically or without strict adherence to statutory and constitutional requirements. In Sushant …
The Income Tax Department has approached the Supreme Court challenging a significant Delhi High Court judgment that quashed reassessment proceedings initiated against NDTV founders Dr. Prannoy Roy and Radhika Roy. The case concerns interest-free loans allegedly received from RRPR Holdings …
The Delhi High Court has issued notice on a writ petition challenging the deadline prescribed for filing appeals before the Goods and Services Tax Appellate Tribunal (GSTAT), while refusing to grant any interim relief at this stage. The petition raises …
In a significant ruling reinforcing the importance of statutory remedies under tax laws, the Allahabad High Court has held that a taxpayer cannot invoke writ jurisdiction merely to avoid the limitation period prescribed for filing an appeal under the Goods …
In a significant ruling that could impact thousands of retired Public Sector Undertaking (PSU) employees across India, the Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has allowed a retired ONGC employee to claim tax exemption on the full …