News & Judgements

The Delhi High Court has refused to entertain a writ petition in a "fake GST ITC case," stating that such matters involve a series of complex transactions that require a detailed…

The Income Tax Appellate Tribunal ITAT has reduced the disallowance of foreign travel expenses to 25% due to partial documentation. The tribunal noted that while the taxpayer was…

The Madras High Court has quashed an order that required a company to file a fresh refund claim under Section 27 1-B of the Customs Act, ruling that the original claim filed in…

The CBDT has issued an explanation of two significant changes in the taxation of perquisites for salaried persons. The new rules, which came into effect on April 1st, address…

India has extended its anti-dumping duty on Toluene Di-isocyanate TDI imported from the European Union EU and Saudi Arabia. The Ministry of Finance’s decision is based on a review…

The Bombay High Court will hear a plea seeking the recognition of same-sex couples as spouses under the Income Tax Act and has issued a notice to the Attorney General. The…

The CESTAT has "quashed the confiscation and penalty" on a firm regarding an alleged "attempt to export prohibited shark fins." The tribunal ruled that the Directorate of Revenue…

India has extended its anti-dumping duty on Fluoroelastomers FKM imported from China. This decision, announced by the Ministry of Finance, is a crucial move to protect the…

The ITAT has granted a rural trust a "second shot at 80G tax benefits" after a technical confusion with the income tax portal led to the denial of its application. The tribunal…

The NCLT has ruled that an electricity connection "cannot be refused only on account of past dues." The tribunal's decision clarifies that a government authority cannot deny an…

The NCLAT has ruled that a "plan invocation cannot be directed" after the Committee of Creditors CoC has "agreed to release personal guarantees upon payment." This decision…

The Competition Commission of India CCI has initiated a probe against Rashtriya Chemicals and Fertilizers RCFL for alleged abuse of its dominant position. The investigation was…

The GST refund on ocean freight has come under scrutiny, with a recent case analyzing the impact of the Supreme Court’s landmark "Mohit Minerals" ruling. The "Mohit Minerals"…

The Rajasthan High Court has condoned a delay in a "charitable trust's filing of an audit report," citing a lack of "malafide intention." The court’s decision provides a…

The Income Tax Appellate Tribunal ITAT has reprimanded the CIT A for failing to submit a remand report and has ordered a re-hearing in a significant cash deposit case. The…

The Central Board of Direct Taxes CBDT has issued a notification detailing new thresholds for the taxation of perquisites and other components of salary income under Section 17 of…

The government is considering a major overhaul of the GST framework, dubbed "GST 2.0," which could lead to a significant reduction in the tax on insurance premiums from the…

The Finance Ministry has publicly reaffirmed in the Lok Sabha that there is no proposal to impose fees on Unified Payments Interface UPI transactions. This statement comes as a…

A recent report by the Comptroller and Auditor General CAG has revealed that while the Income Tax Department successfully recovered ₹3,588 crore from rectifying assessment errors,…

The Commerce Ministry is preparing a comprehensive 100-day reform agenda to significantly boost Foreign Direct Investment FDI , support startups, and enhance exports. This…

The Finance Ministry and the Central Board of Direct Taxes CBDT have unveiled the New Income Tax Bill 2025, which includes several significant corporate tax reforms aimed at…

The GST reforms are likely to keep "sin goods costly" while providing "relief for man-made fabrics." The reforms, which are expected to be implemented by Diwali, will simplify the…

The Haryana RERA has issued an "arrest warrant against the directors of Parsvnath Developers." The arrest warrant, which was issued after a complaint from a homebuyer, is a…

The Delhi High Court has directed the CESTAT to hear an appeal on a "duty demand for a second container seized from a godown with a 50% pre-deposit." The court's decision provides…

The Bombay High Court has ruled that "secured creditors' rights under Section 26E of the SARFAESI Act override state sales tax claims," clearing an auction sale in a Canara Bank…

The CESTAT has ruled that "construction services provided to educational institutions and hospitals are not taxable." The tribunal's decision provides a significant victory for…

The Delhi High Court has ruled that a trial court's "failure to frame a counter-claim as an additional issue" is "patently illegal," even if it is not in the prayer clause. The…

The Bombay High Court has ruled that there is "no constitutional violation in the GST RCM under Sections 172 and 173 of the CGST Act on security services." The court's decision…

The CESTAT has upheld a "differential customs duty demand, penalty, and interest," ruling that the "mere assembly of imported components can make an e-rickshaw." The tribunal's…

The Patna High Court has allowed the rectification of a "GSTR 3B" on par with a "GSTR 1" after a mistake in filing the IGST taxable value. The court's decision provides a…

The NCLT has ruled that "IBC proceedings are not meant for the recovery of money" for "solvent companies." The tribunal's decision clarifies a key procedural aspect of the IBC.…

The ITAT has deleted a "₹43.1 lakh unexplained cash deposit addition," ruling that "gifts received before a wedding date cannot be treated as ungenuine without proof." The…

The Bombay High Court has ruled that a "vintage car sale is liable for capital gains tax" if there is "no proof of personal use." The court's decision clarifies a key aspect of…

The Karnataka High Court has ruled that "export incentives can't be denied for an inadvertent error" and has allowed the amendment of shipping bills. The court's decision provides…

A chartered accountant has pointed out an Income Tax portal glitch where the "rounding off of refunds" is no longer happening as usual for this fiscal year. This technical glitch,…

The Gauhati High Court has ordered a reconsideration of "GST ITC and related demands" for ITI Ltd., as per an "amended Section 16." The court's decision provides a significant…

The ITAT has deleted an addition of a "₹17.95 lakh royalty expense," applying the "consistency principle." The tribunal's decision provides a significant victory for the taxpayer.…

The Karnataka High Court has dismissed an appeal, citing a "seven-year delay in filing due to a trustee's health," and has ruled that no substantial question of law arises. The…

The CESTAT has remanded a matter, noting that a mandatory "pre-deposit" was fulfilled, despite an appeal being previously dismissed for non-compliance. The tribunal's decision…

The ITAT has provided relief to Asianet, allowing the deduction of interest on "delayed statutory payments as a business expenditure." The tribunal’s decision is a significant…

The ITAT has allowed a claim, ruling that an "AO disallows a deemed application of income for the non-filing of Form 10 electronically" is a mere technicality. The tribunal's…

The Karnataka High Court has upheld a "CENVAT credit refund" for Wipro Technologies, despite the exported software services being non-taxable. The court's decision provides a…

The DRAT has dismissed a UCO Bank appeal, ruling that an "equitable mortgage created in favor of the bank after the execution of a gift deed cannot be a valid mortgage." The…

The Orissa High Court has declined to entertain a writ filed against a "GST Section 73 order after 11 months without an explanation." The court's decision clarifies the limits of…

The CESTAT has ruled that the "construction of independent residential houses for personal use is not taxable as a residential complex service." The tribunal's decision provides a…

The Andhra Pradesh High Court has quashed a "GST registration cancellation notice," ruling that a "DIN is mandatory" while issuing a GST SCN or order. The court's decision…

The Karnataka High Court has dismissed a revenue appeal, ruling that the "conversion of MEIS shipping bills to a DEPB scheme is allowed" as they have a "similar examination…

The ITAT has set aside a PCIT order, holding that an "AO properly verified details" of "investments and FDs" and that a reassessment order under Section 263 is not valid. The…

The Supreme Court has restored a review petition for a fresh consideration, ruling that the "imposition of a 100% penalty under GST without proving fraud" is not valid. The…

The CBDT has amended the "Income Tax Rules," fixing "₹4 lakh salary and ₹8 lakh gross income thresholds." The new rules, which are aimed at simplifying the compliance process, are…