The Supreme Court, in its judgment dated 28 August 2025, delivered a significant ruling in the field of tax prosecutions by quashing criminal proceedings initiated by the Income Tax Department against an assessee under Section 276C(1) of the Income Tax Act, …
The Bombay High Court in Gateway Terminals India Pvt. Ltd. v. DCIT & Ors. (26 August 2025) has delivered a significant ruling on the scope of deductions under Section 80-IA of the Income-tax Act, 1961. The issue before the Court was whether interest …
Introduction The Andhra Pradesh High Court, in its decision dated 14 August 2025, held that refund claims filed beyond the prescribed limitation period under the GST regime are to be entertained in certain circumstances, especially where such delay is attributable …
The issue before the Income Tax Appellate Tribunal (ITAT), Ahmedabad, in its order dated 19 August 2025, revolved around the rejection of a trust’s application for registration under section 12AB of the Income-tax Act, 1961. The Commissioner of Income Tax (Exemptions) [CIT(E)] …
In a legal challenge against India’s recently enacted Promotion and Regulation of Online Gaming Bill, 2025, which imposes a nationwide ban on all forms of online money games, Heads Digital Works Pvt. Ltd., the company operating popular platforms like A23 …
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, in the case of Gujarat Technological University vs. DCIT (order dated 19 August 2025), held that a mere procedural lapse such as delay in filing Form 10 and Form 10B cannot be the sole …
Railways remain one of the most reliable and cost-effective modes of transporting goods across India. With the implementation of GST, businesses must ensure proper compliance while sending consignments through the railway network. This involves maintaining the right documentation, generating e-way …
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, held that a trust cannot be denied registration under Section 12AB of the Income-tax Act, 1961 merely on the ground that it was created for the benefit of a particular caste …
The Madras High Court, in its judgment dated 5 August 2025 in Chandrasekar Balasubramanian v. Superintendent of CGST & Central Excise (W.P. No. 29038 of 2025), addressed the issue of GST registration cancellation on account of prolonged non-filing of returns. The petitioner, a sole …
In a significant relief to real estate developers, the Pune Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that Section 43CA of the Income Tax Act, 1961 cannot be invoked when the agreement value at the time of booking exceeds the stamp …
The Supreme Court of India, in a significant ruling on 26 August 2025, has directed the Directorate General of Foreign Trade (DGFT) and the Central Board of Indirect Taxes and Customs (CBIC) to upgrade and align their technology systems so that genuine exporters are not …
The Allahabad High Court in Shree Maa Trading Company & Ors. v. State of U.P. & Ors. (2025) addressed an important issue under the GST framework concerning the powers of State GST officers. The petitioners had challenged a penalty imposed under Section 129(1)(b) …
Odisha AAR held that a company with Head Office (HO) in Maharashtra must take separate GST registration in Odisha where its field service engineers (FSEs) operate and spare parts/tool-kits are stored for carrying out repair/maintenance services under AMCs/CMCs for Odisha customers. The ruling squarely turns on whether …
The Income Tax Appellate Tribunal (ITAT), Surat Bench, in its order dated 31 July 2025, delivered an important ruling on the scope of Section 69A of the Income-tax Act, 1961. The Tribunal held that no addition can be made under Section 69A in …
A recurring issue in income-tax litigation is whether, in cases of bogus purchases, the entire purchase amount should be disallowed or whether only the profit element embedded therein can be added to income. In a recent judgment dated 07 April 2025 in PCIT v. Drisha …
The Delhi High Court has recently ruled that taxpayers disputing GST demand orders must seek relief through the statutory appellate process rather than filing writ petitions. In a case involving Rama Departmental Store, the Court emphasized that when a proper mechanism for appeal exists under …
The Income Tax Appellate Tribunal (ITAT), Mumbai, in the case of Navketan Premises Pvt. Ltd. vs. DCIT (AY 2015-16), delivered a significant ruling on 6 August 2025 clarifying the scope of Section 43CA of the Income-tax Act, 1961. The dispute revolved around whether undervaluation provisions under …
The Income Tax Appellate Tribunal (ITAT), Lucknow Bench, has recently clarified an important issue concerning “entry providers” and the scope of additions under Section 68 of the Income-tax Act, 1961. In the case of ITO Vs Status Vyapaar Pvt Ltd, the Tribunal …
The Calcutta High Court, in its landmark judgment dated 28 July 2025 in the case of Asian Financial Services Ltd. v. CIT, settled a long-standing controversy regarding the tax treatment of losses incurred from trading in derivatives. The Court categorically held that such losses …
The Gujarat High Court has provided significant relief to taxpayers by ruling that clerical errors in GST returns can be rectified, especially when such mistakes are bona fide and cause no revenue loss. In the case of M/s Sanghvi Metal Corporation, the petitioner …