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    April 17, 2026   Case Laws GST
    Unsigned assessment order invalid; defective service defeats delay objection and fresh reassessment may follow after due notice.
    April 17, 2026   Case Laws GST
    GST input tax credit distribution through tax invoices was permitted for reverse charge common services during the disputed period.
    April 17, 2026   Case Laws Income Tax
    Incriminating material and rural agricultural land sale: section 153C could not be used, and capital gains treatment failed.
    April 17, 2026   Case Laws Income Tax
    Section 153C satisfaction note must be recorded immediately after assessment completion; delayed notice was quashed as time-barred.
    April 17, 2026   Case Laws Income Tax
    Reasonable cause for non-filing of return by executors defeats penalty where probate was delayed after the assessee's death.
    April 17, 2026   Case Laws Income Tax
    Rejection of books without identifying defects is unsustainable; profit estimation based only on missing invoices was deleted.
    April 17, 2026   Case Laws Income Tax
    Jurisdiction under Section 127: absence of transfer order meant the assessment was quashed for lack of authority.
    April 17, 2026   Case Laws Income Tax
    Business expenditure and TDS disallowance principles applied to reimbursements, retainership fees, exempt income, and short deduction issues.
    April 17, 2026   Case Laws Income Tax
    Rectification order challenge not maintainable where grievance concerns the original addition, not the computation correction.
    April 17, 2026   Case Laws Income Tax
    Reassessment notice invalid for short response time, limitation breach, and unsustainable addition on joint property ownership.
    April 17, 2026   Case Laws Income Tax
    Duty drawback taxable on actual receipt; unconfronted portal data could not support addition or consequential penalty.
    April 17, 2026   Case Laws Income Tax
    Penalty under section 271(1)(c) deleted where disputed claim was fully disclosed and only head of income was contested.
    April 17, 2026   Case Laws Income Tax
    Transfer pricing adjustment confined to international transactions; capacity, working capital and forex treatment directions sustained.
    April 17, 2026   Case Laws Income Tax
    Turnover under section 44AD prevents duplication of interest income addition where receipts were already disclosed.
    April 17, 2026   Case Laws Income Tax
    Functional comparability under TNMM: broadcasters excluded, software distributors included, and no separate interest on receivables after working capi...
    April 17, 2026   Case Laws Income Tax
    Third-party search material requires section 153C, and retracted survey statements need corroboration for additions.
    April 17, 2026   Case Laws Income Tax
    Taxability of land-sale advances and reopening upheld where ownership rights failed and recording error was immaterial
    April 17, 2026   Case Laws Customs
    Reasonable belief of smuggling and retracted statements must be properly proved before gold confiscation and penalties can stand.
    April 17, 2026   Case Laws Customs
    Customs broker penalty rejected where employees acted without knowledge, authorisation, or broker involvement in filing Bills of Entry.
    April 17, 2026   Case Laws Companies Law
    Continuing oppression and mismanagement, delay, fraud evidence, and additional evidence rules upheld in company appeal.
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April 17, 2026   Case Laws GST
Unsigned assessment order invalid; defective service defeats delay objection and fresh reassessment may follow after due notice.
April 17, 2026   Case Laws GST
GST input tax credit distribution through tax invoices was permitted for reverse charge common services during the disputed period.
April 17, 2026   Case Laws Income Tax
Incriminating material and rural agricultural land sale: section 153C could not be used, and capital gains treatment failed.
April 17, 2026   Case Laws Income Tax
Section 153C satisfaction note must be recorded immediately after assessment completion; delayed notice was quashed as time-barred.
April 17, 2026   Case Laws Income Tax
Reasonable cause for non-filing of return by executors defeats penalty where probate was delayed after the assessee's death.
April 17, 2026   Case Laws Income Tax
Rejection of books without identifying defects is unsustainable; profit estimation based only on missing invoices was deleted.
April 17, 2026   Case Laws Income Tax
Jurisdiction under Section 127: absence of transfer order meant the assessment was quashed for lack of authority.
April 17, 2026   Case Laws Income Tax
Business expenditure and TDS disallowance principles applied to reimbursements, retainership fees, exempt income, and short deduction issues.
April 17, 2026   Case Laws Income Tax
Rectification order challenge not maintainable where grievance concerns the original addition, not the computation correction.
April 17, 2026   Case Laws Income Tax
Reassessment notice invalid for short response time, limitation breach, and unsustainable addition on joint property ownership.
April 17, 2026   Case Laws Income Tax
Duty drawback taxable on actual receipt; unconfronted portal data could not support addition or consequential penalty.
April 17, 2026   Case Laws Income Tax
Penalty under section 271(1)(c) deleted where disputed claim was fully disclosed and only head of income was contested.
April 17, 2026   Case Laws Income Tax
Transfer pricing adjustment confined to international transactions; capacity, working capital and forex treatment directions sustained.
April 17, 2026   Case Laws Income Tax
Turnover under section 44AD prevents duplication of interest income addition where receipts were already disclosed.
April 17, 2026   Case Laws Income Tax
Functional comparability under TNMM: broadcasters excluded, software distributors included, and no separate interest on receivables after working capital adjustment.
April 17, 2026   Case Laws Income Tax
Third-party search material requires section 153C, and retracted survey statements need corroboration for additions.
April 17, 2026   Case Laws Income Tax
Taxability of land-sale advances and reopening upheld where ownership rights failed and recording error was immaterial
April 17, 2026   Case Laws Customs
Reasonable belief of smuggling and retracted statements must be properly proved before gold confiscation and penalties can stand.
April 17, 2026   Case Laws Customs
Customs broker penalty rejected where employees acted without knowledge, authorisation, or broker involvement in filing Bills of Entry.
April 17, 2026   Case Laws Companies Law
Continuing oppression and mismanagement, delay, fraud evidence, and additional evidence rules upheld in company appeal.

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Income Tax

Penalty u/s 271(1)(c) - estimation of income - bogus purchases -...

No Penalty for Estimated Income Additions u/s 271(1)(c) of Income Tax Act in Bogus Purchase Cases.

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Income Tax October 11, 2023 Case Laws AT
Penalty u/s 271(1)(c) - estimation of income - bogus purchases - penalty u/s 271(1)(c) of the Act cannot be levied where the addition is made on estimate basis - AT
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