The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has delivered an important ruling clarifying the scope of deductions available under Section 80GGC of the Income-tax Act, 1961 ( Donation to political party). The Tribunal held that merely making a …
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has delivered a significant ruling reaffirming a well-established principle of income tax law: once the Revenue accepts the corresponding sales as genuine, it cannot ordinarily treat the related purchases as …
The definition of a frontline pandemic worker has long been a subject of both public gratitude and legal debate. While doctors, nurses, and hospital staff are universally recognized for their direct role in patient care, a landmark ruling by the …
In a significant ruling on GST search proceedings and voluntary tax payments, the Gujarat High Court has held that a taxpayer cannot seek a refund of GST, interest, and penalty voluntarily paid during a search by alleging coercion nearly two years later. …
The Delhi High Court has delivered a significant judgment clarifying the legal status of cryptocurrency exchanges in India. In a landmark ruling, the Court held that the taxation of Virtual Digital Assets (VDAs) under the Finance Act, 2022 does not …
In a significant ruling on reassessment proceedings under the Income Tax Act, 1961, the Madras High Court has affirmed that Jurisdictional Assessing Officers (JAOs) are legally empowered to issue reassessment notices under Sections 147, 148, and 148A of the Act. …
Government-funded educational institutions often park unutilized grant money in fixed deposits until the funds are required for approved projects. A common question that arises is whether the interest earned on such deposits should be treated as a separate source of …
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 significant relief for charitable trusts, funds, and institutions, the Central Board of Direct Taxes (CBDT) has issued Circular No. 06/2026 dated. 2 July 2026, granting condonation of delay in filing Form No. 10AB for renewal of approval under Section 80G(5) of the …
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 relief for taxpayers and tax authorities, the Government of India, Ministry of Finance, Department of Revenue, has issued a fresh notification extending the timeline for filing appeals and applications before the Goods and Services Tax Appellate Tribunal …
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 …