Legal Updates & Recent Decisions

The Delhi High Court’s decision reinforces that when a company merely acts as a conduit for accommodation entries and does not retain any real income or commission, unexplained credits under sectio...

The Karnataka High Court held that the Single Judge erred in entertaining and allowing the writ petition after a nine-year delay, particularly when the assessee had failed to exhaust the remedies p...

The Delhi High Court decisively held that receipts from Coursera Inc. for providing access to online courses to Indian users do not qualify as Fees for Technical or Included Services under Section ...

The ITAT Pune has clarified that where, after scrutiny, an Assessing Officer accepts the assessee’s explanation regarding payments to non-residents and does not make a disallowance under section 40...

The ITAT Ahmedabad’s decision provides clear guidance that unsold flats held as stock-in-trade by real estate developers cannot be subjected to notional income tax under the head “Income from House...

Section 68 of the Income-tax Act, 1961 - ITAT Delhi Quashes Section 68 Addition on Unsecured Loans: Assessee’s Evidence on Identity, Creditworthiness & Genuineness Deemed Sufficient; Rule 46A Viola...

Sections 12A, 80G, of the Income-tax Act, 1961 - ITAT Mumbai Rules in Favour of Trust: Registration Application Not to be Dismissed on Procedural Technicality Without Hearing - This decision reinfo...

Income Tax - Section 11 - ITAT Kolkata Affirms: Exemption under Section 11(2) Cannot Be Denied for Delay in Filing Form 10B Where Substantive Compliance Exists - The ITAT Kolkata’s decision establi...

Section 12A of the Income-tax Act, 1961 - ITAT Pune Orders Remand in Section 12A Registration Denial: Additional Evidence to be Considered for Charitable Trust’s Exemption Claim - The ITAT Pune’s d...

Sections 12A, 12AB, of the Income-tax Act, 1961 - ITAT Pune Directs Commissioner (Exemption) to Allow One Final Opportunity for Trust to Establish Genuineness Amid Non-Compliance with Notice Under ...

Income Tax - Sections 144, 147 - ITAT Hyderabad Nullifies Assessment under Incorrect PAN: Duplicate PAN in Wrong Entity Status Leads to Quashing of Reassessment Orders - The ITAT Hyderabad has uneq...

Income Tax - Sections 68, 115BBE - ITAT Hyderabad Sets Aside Additions on Cash Deposits and Payments: Directs AO for Fresh Verification of Scrap Sale Receipts and Alleged Cash Transactions - The IT...

Income Tax - Sections 37, 234B - Delhi ITAT Remands Dispute on Transponder Fees as Capital vs Revenue Expenditure for Fresh Adjudication; Orders Waiver of Section 234B Interest - The ITAT Delhi has...

Corrigendum - Notification No. 41/2025 dated 30th April, 2025 - 50/2025 - Income Tax

Understanding GST Exemptions Through Case Scenarios: Section 11 CGST Act

Understanding Key Concepts Under GST: Practical Case Analyses

Understanding Supply Under Section 7 of CGST Act: Analysis and Case Studies

Understanding Composite and Mixed Supplies Under GST: Case Analysis

Understanding Section 9 of CGST Act: Tax Applicability and Liability

Understanding Composition Levy Scheme Under GST

Understanding Time of Supply Under GST: Practical Case Scenarios

Measures for Enhancing Trading Convenience and Strengthening Risk Monitoring in Equity Derivatives - SEBI

CBDT extends due date of filing ITRs which are due for filing by 31st July 2025

TDS Compliance for Construction Services Under Income TaxQuery:Our audit firm, operating under the mandate of Section 44AB(A), has engaged a contractor for building construction services that inclu...

Handling Demand Notices Related to Disallowance Under Section 87AQuery:Several of my clients have received demand notices under section 143(1) due to disallowance under Section 87A. Some clients fi...

Compliance Issue with E-Invoicing Under GSTQuery:Dear Sir, my business recorded a turnover of Rs. 12 crore in the fiscal year 2017-18. However, we failed to generate e-invoices for the financial ye...

Guidance on Restoring an Appeal After Withdrawal in GSTQuery:Dear Sir, I request your guidance regarding a situation where I have retracted an appeal concerning the fiscal year 2017-18 to take adva...

GST Implications for a Business Supplying Through E-Commerce PlatformsQuery:An entrepreneur operating as an agent for a confectionery company also engages in transactions via an e-commerce platform...

GST Implications on Veterinary Healthcare Services in India1. OverviewHealthcare is a fundamental need for all living beings, including animals and birds. While healthcare services have traditional...

Section 194J: TDS on Professional and Technical Services – A Comprehensive GuideOverview of Section 194JSection 194J of the Income Tax Act, 1961, requires specified persons to deduct tax at source ...

Jharkhand High Court Rules on Authority under GST Sec 61 in Valuation Cases1. Background of the Case(i) Overview of the Case:In the legal matter of Sri Ram Stone Works against the State of Jharkhan...

Landmark Principles Established by ITAT Mumbai on Approval Quality and Statutory InterpretationApproval Process Under Section 153D: Substance Over Formality(i) Requirement for Substantive Approval:...

Addressing Procedural Issues in GST Recovery for Unfiled ReturnsAssessees frequently encounter cash flow challenges near the deadline for submitting GSTR-3B, especially after settling unavoidable b...