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Apr 12, 20242 min read
Assessee's Choice Prevails: Delhi High Court Upholds Right to Select Valuation Method
Delhi HC rules: Assessing officers can't override the valuation method chosen by assesses, reinforcing taxpayers' rights.
Apr 11, 20242 min read
Ensuring Jurisdictional Compliance: Bombay High Court's Decision on NRI Tax Assessments
HC clarifies tax jurisdiction, safeguarding NRI taxpayer rights against improper AO assessments.
Apr 10, 20242 min read
Madras High Court Sets Aside Assessment Order for Exceeding Scope of Initial Notice
MHC annuls a tax order that exceeds its original scope, emphasizing fair legal process and precise tax application.
Apr 6, 20244 min read
95.5% Utilization Validates Warranty Estimates: Supreme Court Refuses to Interfere with Karnataka HC’s Ruling
SC upholds Karnataka HC’s ruling:95.5% utilization confirms warranty provisions. A landmark decision for transparency in financial reporting
Apr 6, 20244 min read
[ITAT Delhi] Deletion of Addition Made by AO Due to Lack of Material Evidence and Reliance on Retracted Statements
ITAT Delhi: Addition by AO deleted due to lack of evidence and reliance on retracted statements, upholding Assessee’s rights.
Apr 6, 20242 min read
Bombay High Court Rejects Attempt to Stall Reassessment Over Seized Documents
Bombay HC fines petitioner for misuse of judicial process in tax reassessment case involving seized documents.
Apr 4, 20244 min read
Income Tax Appellate Tribunal, Mumbai Rules Subscription Fees as Non-Taxable Business Profits for Assessee Without Permanent Establishment in India
Introduction In a significant decision, the Income Tax Appellate Tribunal (‘ITAT’), Mumbai in the case of American Chemical Society v. Dy...
Apr 3, 20243 min read
Bombay High Court Overturns Unfair CGST Penalty on Salaried Employee
Bombay High Court vindicates employee in CGST penalty case, spotlighting the need for precise tax law enforcement.
Apr 2, 20242 min read
ITAT Rules Management Services Not Taxable as 'Royalty' under India-Netherlands DTAA
Management services aren't taxable as 'royalty': India-Netherlands DTAA-ITAT. Discover why a significant ruling overturned a tax assessment.
Apr 1, 20242 min read
Madras High Court Overrides S. 80 of the CGST/TNGST Act: Allows Payment of Self-assessed GST Liability in Instalments
Introduction In a pivotal decision by the Madras High Court (‘MHC’) in Angel Label Division & Angel Zippel (HUF) v. Assistant...
Mar 30, 20243 min read
ITAT New Delhi Quashes Assessment Order for Lack of Conclusive Evidence
ITAT New Delhi overturns ruling due to unsubstantiated evidence, setting a vital precedent for future tax assessments.
Mar 29, 20244 min read
GST Exemption for Hostel Services Upheld: Madras High Court Delivers Landmark Judgment
Introduction The Hon’ble High Court of Madras (‘HC’), in its recent decision in Thai Mookambikaa Ladies Hostel v. Union of India[i],...
Mar 29, 20242 min read
Delhi High Court Upholds Legitimate Business Expenses: No Transfer Pricing Adjustment for Intra-Group Services
Delhi HC asserts firms' right to decide on intra-group dealings without undue tax adjustments.
Mar 26, 20243 min read
[Punjab & Haryana HC] Bail Granted to the Accused Considering Excessive Pre-Trial Detention and No Possibility of Influencing Witnesses
Punjab & Haryana HC Grants Bail Amid Unjust Long Detention, Affirms Legal Presumptions of Innocence
Mar 23, 20244 min read
Income Tax Assessments Insufficient for Dismissing Corruption Charges
Introduction In the matter of Puneet Sabharwal v. CBI[i], the Hon’ble Supreme Court (‘SC’) dismissed the appeals seeking to discharge the...
Mar 19, 20242 min read
From Suspicion to Substantiation: ITAT holds that Proof Prevails over Presumption in Tax Law
Introduction The case of Alchemist Touchnology v. ACIT[i]Â is a significant one brought before the Income Tax Appellate Tribunal, Delhi...
Mar 18, 20243 min read
Pre-determined Assessment Invalid: Madras High Court Strikes Down Income Tax Order
Madras High Court rules that fairness in tax assessments is paramount, striking a blow for justice and taxpayer rights.
Mar 18, 20243 min read
Subsidiary Shares Held by the Parent Company Are Not Taxable as 'Supply of Service' Under the GST Regime
HC Clarifies: No GST on Shares Held by Parent Companies—Corporate Taxation Simplified!
Mar 16, 20242 min read
Deciphering Jurisdictional Limits: GST Enforcement and the Absence of Penalties
Explore how a key GST penalty case was overturned due to procedural errors and jurisdictional oversteps by tax authorities.
Mar 13, 20243 min read
Balancing the Scales: How Anticipatory Bail Shapes Economic Justice in GST Fraud Cases
Anshul Goyal v. State of UP:AHC denies anticipatory bail in a major GST fraud case, emphasizing the legal gravity & public interest at stake