Just a moment...

Top
Help
AI Credits Reduced 🎉

• AI Advanced Search
4 Credits3 Credits
• Drafter – Issue Extraction
25 Credits20 Credits
• Draft Generation / Issue
50 Credits25 Credits

Enjoy more AI usage with fewer credits! Get up to 50% more value from your AI Credits.

Try Now
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws----
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    Mesne profits civil suit after takeover under a resolution plan: "existing management" means pre-takeover; claims barred against new management
    Re-segregated operational debt invoices to bypass IBC Section 10A bar; Section 9 plea rejected after FDR deposit
    Operational creditor's unpaid project invoices and Section 10A default dates dispute; Section 9 case restored for merits review.
    Central Sales Tax dues and claims of a statutory first charge u/s 9(2): held not secured debt
    Trade advance converting into financial debt on default; Section 7 time-bar rejected after SC limitation extension, appeal allowed.
    January 9, 2026   Case Laws Law of Competition
    Collusive bidding in public machine-supply tender proved via shared IP and call records; Section 3 penalty upheld, appeal dismissed
    Money-laundering bail bid after long custody and stalled trial: s.45 twin conditions treated satisfied, bail granted
    Refund claim for unutilized CENVAT credit after factory closure fails under amended Rule 5, limited to exports
    Mussoorie-Dehradun Development Authority income exempted u/s 10(46A) from AY 2024-25, conditional on continued statutory status.
    Joint Electricity Regulatory Commission's specified income tax exemption eligibility u/s 10(46A), effective from assessment year 2024-25
    Courier operator transshipping imported goods via designated air carrier, under transshipment bonds and strict Customs supervision, approved until 17....
    Mutual fund distributor incentives for new B-30 city and women investors delayed, implementation moved from Feb 1 to Mar 1, 2026
    Permission for transshipping imported courier goods between airports under Customs Act Chapter VIII, with strict manifest and bond rules
    Input tax credit on genuine GST invoices when supplier fails to remit tax: Section 16(2)(c) read down, denial set aside
    Belated GST annual return filings under amnesty: late fee capped at ₹10,000 per Act; no s.125 penalty
    Tax demand confirmed after show-cause notice, taxpayer sought more time to reply; order quashed, deposit 25% required.
    GST assessment demands based on GSTR-3B/GSTR-2A mismatch and ineligible ITC-orders quashed, remand allowed with 50% deposit
    GST input mismatch in GSTR-2A vs GSTR-3B and unclear notice; s.74 extended period order quashed, remanded after 10% deposit
    Income concealment penalty and ss.276C(1)/277 prosecution-penalty set aside, basis collapsed; complaint and criminal trial quashed.
    Trust's s.11 tax exemption claim and mistaken return: s.264 revision allowed despite appeal option; rejection quashed
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Back

All Highlights

whatsapp Join Channel
Showing Results for : Reset Filters

Whether assessee entitled to exemption under section 10(26AAA):...

Domicile recognition for Sikkimese old settlers' tax exemption u/s10(26AAA), unexplained cash gifts and penalty deletion

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Income Tax January 15, 2026 Case Laws AT
Whether assessee entitled to exemption under section 10(26AAA): Tribunal applied Supreme Court ruling that excluding old settlers from definition of Sikkimese was arbitrary under Article 14 and noted retrospective legislative amendment recognizing domicile on or before 26.04.1975, holding old settlers are entitled to parity; exemption allowed. Whether unexplained cash credit under section 68 was gift from relative: Tribunal admitted additional bank and ledger evidence showing donor's creditworthiness and relationship, restored matter to AO for fresh decision. Whether penalty under section 271D for breach of section 269SS attracted: Tribunal found only book/journal entries and third-party cheque payments; penalty deleted. - ITAT

Topics

Acts Income Tax