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    April 20, 2026   Case Laws Income Tax
    Make available test under India-UK DTAA: intra-group support services were not fees for technical services.
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    Registered sale deed and banking evidence supported capital gains reinvestment claim; unexplained money additions were deleted.
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    Agricultural income from leased land, genuine trade liabilities, and no cessation of liability were upheld in this tax dispute.
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    Section 80P business attribution: ITAT allows deduction on investment interest and ancillary receipts, but excludes staff-loan and other non-eligible ...
    April 20, 2026   Case Laws Income Tax
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    April 20, 2026   Case Laws Money Laundering
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April 20, 2026   Case Laws Income Tax
Make available test under India-UK DTAA: intra-group support services were not fees for technical services.
April 20, 2026   Case Laws Income Tax
Vague reasons for reopening beyond four years cannot replace recorded failure to disclose material facts; reassessment notice quashed.
April 20, 2026   Case Laws Income Tax
Registered sale deed and banking evidence supported capital gains reinvestment claim; unexplained money additions were deleted.
April 20, 2026   Case Laws Income Tax
Unsigned transfer pricing order held non est in law, leading to quashing of the assessments.
April 20, 2026   Case Laws Income Tax
ITAT on revenue recognition, notional interest, and business deductions: verified claims, no exempt-income disallowance, and selective remands.
April 20, 2026   Case Laws Income Tax
Invalid scrutiny notice, earlier transfer of property, and mercantile accrual rule led ITAT to delete additions and quash assessment.
April 20, 2026   Case Laws Income Tax
Agricultural income from leased land, genuine trade liabilities, and no cessation of liability were upheld in this tax dispute.
April 20, 2026   Case Laws Income Tax
Section 80P business attribution: ITAT allows deduction on investment interest and ancillary receipts, but excludes staff-loan and other non-eligible income.
April 20, 2026   Case Laws Income Tax
Business expenditure on discontinued operations allowed despite slump sale valuation having no bearing on section 37(1) deductibility.
April 20, 2026   Case Laws Income Tax
Weighted deduction for donation to approved research institution sustained despite unproven allegations of donee-side fraud
April 20, 2026   Case Laws Customs
IGST classification and limitation: residual entry demand fails where self-assessment was not challenged and suppression was not proved.
April 20, 2026   Case Laws Customs
High Seas Sale of Technical Grade Urea through State Trading Enterprise did not justify confiscation or penalty.
April 20, 2026   Case Laws Customs
Repeated default and statutory adjournment limits justified dismissal for non-prosecution under tribunal procedure rules.
April 20, 2026   Case Laws IBC
Fraudulent CIRP allegations need specific material; Section 65 cannot reopen admitted debt and default findings.
April 20, 2026   Case Laws IBC
Pre-existing dispute defeats insolvency claim where wage dues remain under labour and court proceedings.
April 20, 2026   Case Laws IBC
Binding resolution plan and perjury threshold: tribunal upholds rejection of falsehood claims and costs for frivolous reopening attempts.
April 20, 2026   Case Laws IBC
Invoice-stipulated interest cannot inflate operational debt without mutual acceptance; disputed interest claim defeats Section 9 insolvency admission.
April 20, 2026   Case Laws Money Laundering
Equivalent-value attachment under the PMLA upheld for untraceable proceeds of crime, with burden on noticee to disprove tainted character.
April 20, 2026   Case Laws Service Tax
Composite works contract taxability and binding prior decision in assessee's own case led to service tax demand being set aside.
April 20, 2026   Case Laws Service Tax
Unjust enrichment and works contract taxability defeated refund claims; refund proceedings cannot reopen unchallenged self-assessments.

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Income Tax

Revision u/s 263 - The expression prejudicial to the interest of...

Section 263: Erroneous Order by Assessing Officer Deemed Prejudicial to Revenue Interests, Beyond Tax Loss.

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Income Tax January 25, 2023 Case Laws AT
Revision u/s 263 - The expression prejudicial to the interest of the revenue is of wide import and is not confined to merely loss of tax. - The term erroneous means a wrong/incorrect decision deviating from law. This expression postulates an error which makes an order unsustainable in law. Therefore, we hold that order passed by the Assessing Officer is erroneous and prejudicial to the interest of Revenue - AT
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