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    August 1, 2026   Case Laws GST
    GST portal-only service of notices and orders is invalid when rules do not prescribe it as a service mode.
    August 1, 2026   Case Laws GST
    Show cause notice limits GST demand grounds; wrong-head IGST payment may be appropriated against CGST and SGST liabilities.
    August 1, 2026   Case Laws GST
    Transitional GST credit must be examined by GST authorities, while VAT authorities cannot recover tax, interest or penalties.
    August 1, 2026   Case Laws GST
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    August 1, 2026   Case Laws Income Tax
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    August 1, 2026   Case Laws Income Tax
    Wilful tax evasion requires conscious intent, not delayed payment where bona fide instalments and full settlement negate mens rea.
    August 1, 2026   Case Laws Income Tax
    General public utility status can extend to trade-promotion bodies where charitable purpose predominates over incidental member benefit.
    August 1, 2026   Case Laws Income Tax
    Deemed dividend rules exclude public Trusts from "concern" status, so shareholder-trustee loans ordinarily remain outside the provision.
    August 1, 2026   Case Laws Income Tax
    Section 153C limitation begins on transfer of records, and a later satisfaction note cannot defer assessment timelines.
    August 1, 2026   Case Laws Income Tax
    Scientific warranty estimation, grossed-up royalty tax and eligible in-house research expenditure deductions were accepted; notice-format challenge fa...
    August 1, 2026   Case Laws Income Tax
    Timeliness of Black Money Act notices: CBDT guideline breach invalidates delayed foreign asset assessment proceedings.
    August 1, 2026   Case Laws Income Tax
    CSR donations to approved institutions remain deductible, while advance-tax and refund interest computations require factual verification.
    August 1, 2026   Case Laws Income Tax
    Accrual-based consultancy income cannot be taxed twice merely because Form 26AS reflects tax credit in a later year.
    August 1, 2026   Case Laws Income Tax
    Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
    August 1, 2026   Case Laws Income Tax
    Year-specific evidence for chit investments and actual interest payments required; averaging uncorroborated statements cannot support additions.
    August 1, 2026   Case Laws Customs
    Knowledge of import misdeclaration must be corroborated before Customs Broker penalties for aiding duty evasion can stand.
    August 1, 2026   Case Laws Customs
    Valid offence reports and completed KYC protect Customs Brokers from revocation absent proof of overvaluation connivance or licensing breaches.
    August 1, 2026   Case Laws Customs
    Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
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August 1, 2026   Case Laws GST
GST portal-only service of notices and orders is invalid when rules do not prescribe it as a service mode.
August 1, 2026   Case Laws GST
Show cause notice limits GST demand grounds; wrong-head IGST payment may be appropriated against CGST and SGST liabilities.
August 1, 2026   Case Laws GST
Transitional GST credit must be examined by GST authorities, while VAT authorities cannot recover tax, interest or penalties.
August 1, 2026   Case Laws GST
Section 73 notice timing does not require a three-month notice-to-order gap; inconsistent tax assessments require fresh consideration.
August 1, 2026   Case Laws GST
Blocked input tax credit applies to GST on industrial-land lease premiums used to construct a taxpayer's factory building.
August 1, 2026   Case Laws Income Tax
Passenger carriage under presumptive shipping taxation includes round cruises despite ancillary on-board hospitality and entertainment services.
August 1, 2026   Case Laws Income Tax
Fixed place permanent establishment dispute remained undecided as the Special Leave Petition failed for unexplained filing delay.
August 1, 2026   Case Laws Income Tax
Wilful tax evasion requires conscious intent, not delayed payment where bona fide instalments and full settlement negate mens rea.
August 1, 2026   Case Laws Income Tax
General public utility status can extend to trade-promotion bodies where charitable purpose predominates over incidental member benefit.
August 1, 2026   Case Laws Income Tax
Deemed dividend rules exclude public Trusts from "concern" status, so shareholder-trustee loans ordinarily remain outside the provision.
August 1, 2026   Case Laws Income Tax
Section 153C limitation begins on transfer of records, and a later satisfaction note cannot defer assessment timelines.
August 1, 2026   Case Laws Income Tax
Scientific warranty estimation, grossed-up royalty tax and eligible in-house research expenditure deductions were accepted; notice-format challenge failed.
August 1, 2026   Case Laws Income Tax
Timeliness of Black Money Act notices: CBDT guideline breach invalidates delayed foreign asset assessment proceedings.
August 1, 2026   Case Laws Income Tax
CSR donations to approved institutions remain deductible, while advance-tax and refund interest computations require factual verification.
August 1, 2026   Case Laws Income Tax
Accrual-based consultancy income cannot be taxed twice merely because Form 26AS reflects tax credit in a later year.
August 1, 2026   Case Laws Income Tax
Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowance.
August 1, 2026   Case Laws Income Tax
Year-specific evidence for chit investments and actual interest payments required; averaging uncorroborated statements cannot support additions.
August 1, 2026   Case Laws Customs
Knowledge of import misdeclaration must be corroborated before Customs Broker penalties for aiding duty evasion can stand.
August 1, 2026   Case Laws Customs
Valid offence reports and completed KYC protect Customs Brokers from revocation absent proof of overvaluation connivance or licensing breaches.
August 1, 2026   Case Laws Customs
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer.

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Income Tax

Loss suffered by the assessee in respect of alleged unrecorded...

Taxpayer's Loss Set-off Allowed as Section 115BBE Amendment Applies from Assessment Year 2017-18 Onward.

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Income Tax September 24, 2020 Case Laws AT
Loss suffered by the assessee in respect of alleged unrecorded transactions - denial of set off against declared profit by wrongly invoking sec. 115BBE - - Amendment takes effect from 1st of April, 2017 and will, accordingly, apply from assessment year 2017-18 and subsequent assessment years. Accordingly, we hold that the assessee current loss is allowable to set off against the current year income. - AT
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Acts Income Tax
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