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    August 8, 2026   Case Laws Income Tax
    Reassessment procedure: participation may cure objections to an absent scrutiny notice, while additions must retain nexus with recorded reasons.
    August 8, 2026   Case Laws Income Tax
    Reasonable cause for notice non-compliance during pandemic disruption prevented penalty for a technical default by an educational trust.
    August 8, 2026   Case Laws Income Tax
    Charitable trust exemption survives section 13 violations except to the extent income benefits specified persons or trustees.
    August 8, 2026   Case Laws Income Tax
    Balance-sheet reclassifications do not create taxable income without a profit-and-loss debit, deduction claim, or established charging basis.
    August 8, 2026   Case Laws Income Tax
    Bona fide deduction claims and unspecified penalty notices prevent under-reporting penalty under section 270A.
    August 8, 2026   Case Laws Income Tax
    Permanent establishment requirements were unmet, so offshore supply and repair receipts remained outside Indian taxation under the treaty.
    August 8, 2026   Case Laws Income Tax
    HUF property taxation: individual ownership evidence excluded stamp-duty value difference from taxation under the deemed receipt provision.
    August 8, 2026   Case Laws Income Tax
    Binding interim judicial directions protected employers from withholding default on foreign-leg leave travel concession payments despite later clarifi...
    August 8, 2026   Case Laws Income Tax
    Rectification jurisdiction excludes debatable income computation, leaving capital receipt and expenditure treatment for appellate determination.
    August 8, 2026   Case Laws Customs
    Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
    August 8, 2026   Case Laws Income Tax
    Jurisdictional notice requirement invalidates scrutiny assessments when the assessing officer completing assessment issued no statutory notice.
    August 8, 2026   Case Laws Income Tax
    Reasonable cause for emergency cash loans protected genuine acceptance and repayment transactions from statutory penalties.
    August 8, 2026   Case Laws Customs
    Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
    August 8, 2026   Case Laws Customs
    Credible material of corruption is required for an independent investigation; clearance delays and valuation disputes alone are insufficient.
    August 8, 2026   Case Laws Customs
    Baggage import jurisdiction remains outside Tribunal appeals, directing confiscation and penalty disputes to the statutory revisional remedy.
    August 8, 2026   Case Laws Customs
    Glow Plug Control Units classified as engine starting equipment; extended demand and penalty fail without suppression or evasion intent.
    August 8, 2026   Case Laws Customs
    IGST import refund limitation commenced only after a prescribed mechanism existed, making United Nations agency claims timely.
    August 8, 2026   Case Laws Customs
    Customs supervision charges cannot shift to cost recovery without an actual exclusive officer posting beyond regular staffing.
    August 8, 2026   Case Laws Customs
    Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
    August 8, 2026   Case Laws Companies Law
    Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
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August 8, 2026   Case Laws Income Tax
Reassessment procedure: participation may cure objections to an absent scrutiny notice, while additions must retain nexus with recorded reasons.
August 8, 2026   Case Laws Income Tax
Reasonable cause for notice non-compliance during pandemic disruption prevented penalty for a technical default by an educational trust.
August 8, 2026   Case Laws Income Tax
Charitable trust exemption survives section 13 violations except to the extent income benefits specified persons or trustees.
August 8, 2026   Case Laws Income Tax
Balance-sheet reclassifications do not create taxable income without a profit-and-loss debit, deduction claim, or established charging basis.
August 8, 2026   Case Laws Income Tax
Bona fide deduction claims and unspecified penalty notices prevent under-reporting penalty under section 270A.
August 8, 2026   Case Laws Income Tax
Permanent establishment requirements were unmet, so offshore supply and repair receipts remained outside Indian taxation under the treaty.
August 8, 2026   Case Laws Income Tax
HUF property taxation: individual ownership evidence excluded stamp-duty value difference from taxation under the deemed receipt provision.
August 8, 2026   Case Laws Income Tax
Binding interim judicial directions protected employers from withholding default on foreign-leg leave travel concession payments despite later clarification.
August 8, 2026   Case Laws Income Tax
Rectification jurisdiction excludes debatable income computation, leaving capital receipt and expenditure treatment for appellate determination.
August 8, 2026   Case Laws Customs
Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate remedy.
August 8, 2026   Case Laws Income Tax
Jurisdictional notice requirement invalidates scrutiny assessments when the assessing officer completing assessment issued no statutory notice.
August 8, 2026   Case Laws Income Tax
Reasonable cause for emergency cash loans protected genuine acceptance and repayment transactions from statutory penalties.
August 8, 2026   Case Laws Customs
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automatic abatement.
August 8, 2026   Case Laws Customs
Credible material of corruption is required for an independent investigation; clearance delays and valuation disputes alone are insufficient.
August 8, 2026   Case Laws Customs
Baggage import jurisdiction remains outside Tribunal appeals, directing confiscation and penalty disputes to the statutory revisional remedy.
August 8, 2026   Case Laws Customs
Glow Plug Control Units classified as engine starting equipment; extended demand and penalty fail without suppression or evasion intent.
August 8, 2026   Case Laws Customs
IGST import refund limitation commenced only after a prescribed mechanism existed, making United Nations agency claims timely.
August 8, 2026   Case Laws Customs
Customs supervision charges cannot shift to cost recovery without an actual exclusive officer posting beyond regular staffing.
August 8, 2026   Case Laws Customs
Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for customs classification.
August 8, 2026   Case Laws Companies Law
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued.

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Income Tax

In transfer pricing benchmarking for captive software support...

Transfer pricing comparables excluded for captive software and ITES services due to functional dissimilarity and intangibles.

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Income Tax May 12, 2026 Case Laws AT
In transfer pricing benchmarking for captive software support and ITES services, companies with significant intangibles, brand value, patents, R&D functions, product-based operations, diversified activities or extraordinary events were found functionally dissimilar and excluded as comparables. Infosys Technologies Ltd., Wipro Ltd., Kals Information Systems Ltd., Celestial Labs Ltd., Avani Cimcon Technologies Ltd., E-Zest Solutions Ltd., Mold-Tek Technologies Ltd., Accentia Technologies Ltd., Eclerx Services Ltd., Infosys BPO Ltd., HCL Comnet System & Services Ltd., Acropetal Technologies Ltd., Genesys International Corporation Ltd. and Datamatics Financial Services Ltd. were excluded. Tata Elxsi Ltd. and Persistent Systems Private Ltd. were remitted for fresh consideration because no specific examination had been made. Coral Hub Ltd. remained included as the objection was not pressed.
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Acts Income Tax
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