Tax Updates - Daily Update https://www.taxtmi.com One stop solution for Direct Taxes and Indirect Taxes and Corporate Laws in India Business/Tax/Law/GST/India/Taxation/Policies/Legal/Corporate Tax/Personal Tax/Vat Law/Legal Information/Tax Information/Legal Services/Tax Services TaxTMI.Com / MS Knowledge Processing Pvt. Ltd. All rights reserved. Tue, 08 Sep 2026 20:13:11 +0530 en-us webmaster@taxtmi.com editor@taxtmi.com 60 CGST arrest safeguards require recorded reasons to believe and statutory tax-evasion conditions; suspicion alone supported regular bail. https://www.taxtmi.com/caselaws?id=798049 https://www.taxtmi.com/caselaws?id=798049 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Reasoned adjudication requires addressing SEZ exemption claims; cryptic rejection invalidates the order and requires fresh determination. https://www.taxtmi.com/caselaws?id=798509 https://www.taxtmi.com/caselaws?id=798509 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Corporate cheque-dishonour liability requires verified company roles, preventing prosecution of persons wrongly designated as responsible officers. https://www.taxtmi.com/caselaws?id=798438 https://www.taxtmi.com/caselaws?id=798438 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Electricity arrears may bind auction purchasers seeking fresh connections despite as-is-where-is sale terms and creditor disclosures. https://www.taxtmi.com/caselaws?id=798435 https://www.taxtmi.com/caselaws?id=798435 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Reasoned FCRA renewal decisions require justified security confidentiality; peaceful protest support alone cannot establish an undesirable purpose. https://www.taxtmi.com/caselaws?id=798436 https://www.taxtmi.com/caselaws?id=798436 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Judicial review of tender decisions remains limited where no arbitrariness, unequal treatment, mala fides or procedural breach is shown. https://www.taxtmi.com/caselaws?id=798437 https://www.taxtmi.com/caselaws?id=798437 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Post facto fee sanction permits payment for accepted valuation work while recovery remains confined to liquidation funds excluding third-party liability. https://www.taxtmi.com/caselaws?id=798439 https://www.taxtmi.com/caselaws?id=798439 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Statutory cheque presumptions require cogent rebuttal, while successor Magistrates may decide summons-trial evidence without procedural invalidity. https://www.taxtmi.com/caselaws?id=798440 https://www.taxtmi.com/caselaws?id=798440 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Mandatory pre-process inquiry in cheque dishonour complaints involving out-of-jurisdiction accused remains central, while trial issues stay open. https://www.taxtmi.com/caselaws?id=798441 https://www.taxtmi.com/caselaws?id=798441 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Legislative competence after GST constitutional amendment invalidates retrospective VAT limitation amendment excluding appellate proceeding time. https://www.taxtmi.com/caselaws?id=798442 https://www.taxtmi.com/caselaws?id=798442 Tue, 08 Sep 2026 20:13:11 +0530 VAT Case-Laws TaxLaws TaxTMI CENVAT credit on additional customs duty for imported steam coal remains available despite Central Excise exemption restrictions. https://www.taxtmi.com/caselaws?id=798444 https://www.taxtmi.com/caselaws?id=798444 Tue, 08 Sep 2026 20:13:11 +0530 Excise Case-Laws TaxLaws TaxTMI Service-tax demands based solely on accounting discrepancies fail without proof of taxable services or deliberate suppression. https://www.taxtmi.com/caselaws?id=798445 https://www.taxtmi.com/caselaws?id=798445 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Service tax valuation excludes VAT-paid goods in works contracts, while qualifying lift-irrigation work receives exemption and limitation protection. https://www.taxtmi.com/caselaws?id=798446 https://www.taxtmi.com/caselaws?id=798446 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Revenue consistency in identical service-tax disputes prevents selective challenges, while extended limitation requires proven intentional suppression of facts. https://www.taxtmi.com/caselaws?id=798447 https://www.taxtmi.com/caselaws?id=798447 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Provisional attachment requires a real risk of alienation and fails where judicial restraints and insolvency proceedings prevent transfer. https://www.taxtmi.com/caselaws?id=798448 https://www.taxtmi.com/caselaws?id=798448 Tue, 08 Sep 2026 20:13:11 +0530 PMLA Case-Laws TaxLaws TaxTMI Risk of frustrating confiscation was unproven, making confirmation of provisional attachment unsustainable despite pending insolvency proceedings. https://www.taxtmi.com/caselaws?id=798449 https://www.taxtmi.com/caselaws?id=798449 Tue, 08 Sep 2026 20:13:11 +0530 PMLA Case-Laws TaxLaws TaxTMI Women's exemption from PMLA bail twin conditions remains discretionary and subject to ordinary bail safeguards. https://www.taxtmi.com/caselaws?id=798450 https://www.taxtmi.com/caselaws?id=798450 Tue, 08 Sep 2026 20:13:11 +0530 PMLA Case-Laws TaxLaws TaxTMI Personal insolvency applications abusing interim moratorium to obstruct security enforcement rather than genuine repayment resolution warrant rejection. https://www.taxtmi.com/caselaws?id=798451 https://www.taxtmi.com/caselaws?id=798451 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Section 12A withdrawal formalities may be impracticable where settled creditor claims and unresolved CIRP costs create procedural stalemate. https://www.taxtmi.com/caselaws?id=798452 https://www.taxtmi.com/caselaws?id=798452 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Director disqualification cannot deactivate a DIN without Rule 11 compliance and a prior hearing under natural justice. https://www.taxtmi.com/caselaws?id=798453 https://www.taxtmi.com/caselaws?id=798453 Tue, 08 Sep 2026 20:13:11 +0530 Corporate Laws Case-Laws TaxLaws TaxTMI Customs exemption scope covers specialised petroleum-service equipment despite mismatch with List tariff heading before later specific entry. https://www.taxtmi.com/caselaws?id=798455 https://www.taxtmi.com/caselaws?id=798455 Tue, 08 Sep 2026 20:13:11 +0530 Customs Case-Laws TaxLaws TaxTMI Extended search-assessment jurisdiction requires identifiable specified assets and independent recorded satisfaction; loose cash-payment papers cannot validate notices. https://www.taxtmi.com/caselaws?id=798458 https://www.taxtmi.com/caselaws?id=798458 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Reassessment based only on property-sale information fails without material of escaped income and independent statutory approval. https://www.taxtmi.com/caselaws?id=798459 https://www.taxtmi.com/caselaws?id=798459 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Extended reassessment limitation requires qualifying escaped income, making notices based solely on sub-threshold deduction denial invalid. https://www.taxtmi.com/caselaws?id=798460 https://www.taxtmi.com/caselaws?id=798460 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Section 80P deduction covers valid reassessment-return claims and interest on temporary deposits of co-operative credit societies. https://www.taxtmi.com/caselaws?id=798461 https://www.taxtmi.com/caselaws?id=798461 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Mandatory prior opportunity in return processing invalidates adjustments and requires reconsideration of corrected charitable accumulation claims. https://www.taxtmi.com/caselaws?id=798462 https://www.taxtmi.com/caselaws?id=798462 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Merits-based appellate adjudication prevents dismissal for non-prosecution and requires reasoned reconsideration after a hearing opportunity. https://www.taxtmi.com/caselaws?id=798463 https://www.taxtmi.com/caselaws?id=798463 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Consequential assessment fails when its quashed revisional foundation restores the original assessment and removes jurisdictional basis for disallowance. https://www.taxtmi.com/caselaws?id=798464 https://www.taxtmi.com/caselaws?id=798464 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Service of recorded reasons and mandatory scrutiny notice is essential; unserved communications invalidate reassessment proceedings from inception. https://www.taxtmi.com/caselaws?id=798465 https://www.taxtmi.com/caselaws?id=798465 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Concealment penalty fails when its sole quantum addition is deleted and the underlying tax issue remains debatable. https://www.taxtmi.com/caselaws?id=798466 https://www.taxtmi.com/caselaws?id=798466 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Reassessment jurisdiction fails where limitation, mandatory scrutiny notice, or prescribed approval requirements are not met https://www.taxtmi.com/caselaws?id=798467 https://www.taxtmi.com/caselaws?id=798467 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Search assessment jurisdiction fails when satisfaction is recorded after the searched person's assessment has concluded. https://www.taxtmi.com/caselaws?id=798468 https://www.taxtmi.com/caselaws?id=798468 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Unexplained money addition fails where IEC use alone does not prove the assessee acquired imported goods. https://www.taxtmi.com/caselaws?id=798469 https://www.taxtmi.com/caselaws?id=798469 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Recorded sales receipts cannot be treated as unexplained money solely because purchaser identities are doubtful without disproving book entries. https://www.taxtmi.com/caselaws?id=798470 https://www.taxtmi.com/caselaws?id=798470 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Section 80G Approval: Limited spiritual activities did not disqualify a 12AB-registered trust pursuing broader charitable objects. https://www.taxtmi.com/caselaws?id=798471 https://www.taxtmi.com/caselaws?id=798471 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Concealment penalty cannot follow rejection of a disclosed banked gift when donor identity, creditworthiness and transaction genuineness are established. https://www.taxtmi.com/caselaws?id=798472 https://www.taxtmi.com/caselaws?id=798472 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Section 263 revision fails where deduction was allowed after inquiry under binding precedent on Regional Rural Bank interest. https://www.taxtmi.com/caselaws?id=798473 https://www.taxtmi.com/caselaws?id=798473 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Unexplained assets require contrary evidence where jewellery and business stock are supported by customary holdings and contemporaneous financial records. https://www.taxtmi.com/caselaws?id=798474 https://www.taxtmi.com/caselaws?id=798474 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Alternative income-tax exemption routes prevent denial of charitable-donation approval solely for absence of registration under the trusts regime. https://www.taxtmi.com/caselaws?id=798475 https://www.taxtmi.com/caselaws?id=798475 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Bogus purchase additions target embedded profit, while prima facie accommodation-entry information can support valid reassessment initiation. https://www.taxtmi.com/caselaws?id=798476 https://www.taxtmi.com/caselaws?id=798476 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Multiple residential units bought before the amendment can qualify for Section 54 relief despite the later one-home restriction. https://www.taxtmi.com/caselaws?id=798477 https://www.taxtmi.com/caselaws?id=798477 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Cost of improvement excludes routine, decorative and movable flat expenses; inseparable capital additions require item-wise verification for capital-gains computation. https://www.taxtmi.com/caselaws?id=798478 https://www.taxtmi.com/caselaws?id=798478 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Charitable income accumulation cannot become specified income merely through a return-schedule mismatch during automated return processing. https://www.taxtmi.com/caselaws?id=798479 https://www.taxtmi.com/caselaws?id=798479 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Remand assessment limitation follows fresh-assessment timeline, while unsupported foreign currency remains taxable as unexplained money. https://www.taxtmi.com/caselaws?id=798480 https://www.taxtmi.com/caselaws?id=798480 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Sufficient cause for delayed tax appeals requires diligence; strategic waiting and administrative explanations do not justify condonation. https://www.taxtmi.com/caselaws?id=798481 https://www.taxtmi.com/caselaws?id=798481 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Section 153C reference date is receipt of seized material, placing the disputed assessments outside the statutory block. https://www.taxtmi.com/caselaws?id=798482 https://www.taxtmi.com/caselaws?id=798482 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Reassessment based on recycled search-assessment material is invalid as a change of opinion without fresh tangible evidence. https://www.taxtmi.com/caselaws?id=798483 https://www.taxtmi.com/caselaws?id=798483 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI TDS credit follows assessable income, allowing trusts credit despite deduction in trustee PAN and absent procedural declaration. https://www.taxtmi.com/caselaws?id=798484 https://www.taxtmi.com/caselaws?id=798484 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI MEIS duty credit scrips are operational export assistance and taxable revenue receipts from assessment year 2016-17. https://www.taxtmi.com/caselaws?id=798485 https://www.taxtmi.com/caselaws?id=798485 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Section 14A satisfaction and contemporaneous DCF valuation protected the assessee from further disallowance and excess share-premium addition. https://www.taxtmi.com/caselaws?id=798486 https://www.taxtmi.com/caselaws?id=798486 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Revisionary jurisdiction requires authorised capacity and cannot reopen a plausible assessed property valuation merely for further inquiry. https://www.taxtmi.com/caselaws?id=798487 https://www.taxtmi.com/caselaws?id=798487 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Delayed tax appeals require sufficient cause, while former directors cannot personally challenge company assessments without authority or personal liability. https://www.taxtmi.com/caselaws?id=798488 https://www.taxtmi.com/caselaws?id=798488 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Internal comparables and evidenced intra-group services defeated transfer-pricing adjustments on masala-bond interest and consultancy charges. https://www.taxtmi.com/caselaws?id=798489 https://www.taxtmi.com/caselaws?id=798489 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Stamp valuation date for fixed consideration protects capital gains computation from later guideline value increases https://www.taxtmi.com/caselaws?id=798490 https://www.taxtmi.com/caselaws?id=798490 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Payee tax-compliance conditions must be verified before default liability arises for non-deduction on External Development Charges. https://www.taxtmi.com/caselaws?id=798491 https://www.taxtmi.com/caselaws?id=798491 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Composite media-rights payments: live-feed consideration is not royalty, while non-live telecast consideration attracts withholding-based disallowance. https://www.taxtmi.com/caselaws?id=798492 https://www.taxtmi.com/caselaws?id=798492 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Capital-gains reinvestment requires the assessee to buy the replacement home; a spouse's sole-name purchase defeats exemption. https://www.taxtmi.com/caselaws?id=798493 https://www.taxtmi.com/caselaws?id=798493 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Section 14A disallowance under Rule 8D cannot automatically increase book profit under the MAT computation provisions. https://www.taxtmi.com/caselaws?id=798494 https://www.taxtmi.com/caselaws?id=798494 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Disputed-interest settlement eligibility extends to pending writ challenges after rejected interest-waiver applications under the scheme. https://www.taxtmi.com/caselaws?id=798495 https://www.taxtmi.com/caselaws?id=798495 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Director tax liability under Section 179 requires consideration of replies and evidence before a fresh lawful determination. https://www.taxtmi.com/caselaws?id=798496 https://www.taxtmi.com/caselaws?id=798496 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Reassessment approval after the extended limitation period required competent higher authority sanction, rendering revival without jurisdiction. https://www.taxtmi.com/caselaws?id=798497 https://www.taxtmi.com/caselaws?id=798497 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Defective penalty notices based on unstruck cyclostyled particulars faced scrutiny, while discretionary intervention was declined. https://www.taxtmi.com/caselaws?id=798498 https://www.taxtmi.com/caselaws?id=798498 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Pre-2021 reassessment limitation: a notice faced challenge after expiry of the applicable statutory limitation period for reassessment. https://www.taxtmi.com/caselaws?id=798499 https://www.taxtmi.com/caselaws?id=798499 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Actual end-use determines GST exemption for tariff-heading paper supplied to manufacturers of exercise books and specified notebooks. https://www.taxtmi.com/caselaws?id=798500 https://www.taxtmi.com/caselaws?id=798500 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Actual-use exemption for uncoated paper applies only to direct supplies received by manufacturers producing specified notebooks and books. https://www.taxtmi.com/caselaws?id=798501 https://www.taxtmi.com/caselaws?id=798501 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Advance-ruling bar prevents reopening classification and tax-rate questions already decided in enforcement proceedings concerning the applicant. https://www.taxtmi.com/caselaws?id=798502 https://www.taxtmi.com/caselaws?id=798502 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Pure-agent electricity recovery excludes actual HVAC and common-area power charges from GST when recovered without markup. https://www.taxtmi.com/caselaws?id=798503 https://www.taxtmi.com/caselaws?id=798503 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Inverted duty refunds cover higher-taxed packaging inputs when no rate reduction affects identical goods in the supply chain. https://www.taxtmi.com/caselaws?id=798504 https://www.taxtmi.com/caselaws?id=798504 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Demand beyond the show cause notice is prohibited, making excess GST confirmation fundamentally unsustainable under Section 75(7). https://www.taxtmi.com/caselaws?id=798506 https://www.taxtmi.com/caselaws?id=798506 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI GST payment representations require tender, invoice and final-bill review before authorities issue reasoned decisions on contractor claims. https://www.taxtmi.com/caselaws?id=798507 https://www.taxtmi.com/caselaws?id=798507 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Electronic-only GST notice service after registration cancellation invalidates ex parte adjudication without an effective opportunity of hearing. https://www.taxtmi.com/caselaws?id=798508 https://www.taxtmi.com/caselaws?id=798508 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Proceedings against a non-existent merged entity remain void, and CGST recovery provisions cannot validate them. https://www.taxtmi.com/caselaws?id=798511 https://www.taxtmi.com/caselaws?id=798511 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Pre-deposit rules follow the show-cause notice date, while disputed proper-officer objections belong before statutory appellate review. https://www.taxtmi.com/caselaws?id=798510 https://www.taxtmi.com/caselaws?id=798510 Tue, 08 Sep 2026 20:13:11 +0530 GST Case-Laws TaxLaws TaxTMI Debatable taxability of enhanced compensation interest prevents penalty, leading to deletion of the related penalty. https://www.taxtmi.com/caselaws?id=471524 https://www.taxtmi.com/caselaws?id=471524 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Royalty characterisation of cricket live-feed fees turns on the distinction between copyright and broadcast rights. https://www.taxtmi.com/caselaws?id=797323 https://www.taxtmi.com/caselaws?id=797323 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Territorial jurisdiction under Article 226(2) was declined where the investigation's principal nexus and proceedings lay in Mumbai. https://www.taxtmi.com/caselaws?id=797883 https://www.taxtmi.com/caselaws?id=797883 Tue, 08 Sep 2026 20:13:11 +0530 Corporate Laws Case-Laws TaxLaws TaxTMI Resale Price Method supports foreign associated enterprise testing where independent trading margins provide functionally comparable uncontrolled transactions. https://www.taxtmi.com/caselaws?id=797672 https://www.taxtmi.com/caselaws?id=797672 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI On-money taxation confines assessment to embedded business profit where no evidence supports a higher margin. https://www.taxtmi.com/caselaws?id=798210 https://www.taxtmi.com/caselaws?id=798210 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Proper-officer functions permit DRI recovery notices, while active participation in prohibited-goods smuggling supports personal penalties. https://www.taxtmi.com/caselaws?id=798400 https://www.taxtmi.com/caselaws?id=798400 Tue, 08 Sep 2026 20:13:11 +0530 Customs Case-Laws TaxLaws TaxTMI Motor-vehicle accessory classification places exclusively vehicle-used CNG/LPG kits, cylinders and containers under the higher tax rate. https://www.taxtmi.com/caselaws?id=798382 https://www.taxtmi.com/caselaws?id=798382 Tue, 08 Sep 2026 20:13:11 +0530 VAT Case-Laws TaxLaws TaxTMI Rule 26 abetment penalty fails where clandestine removal and confiscability of allegedly purchased excisable goods lack corroborative evidence. https://www.taxtmi.com/caselaws?id=798383 https://www.taxtmi.com/caselaws?id=798383 Tue, 08 Sep 2026 20:13:11 +0530 Excise Case-Laws TaxLaws TaxTMI Pipeline intermixing of SKO with HSD/MS is not manufacture, preventing higher differential excise duty on interface clearances. https://www.taxtmi.com/caselaws?id=798384 https://www.taxtmi.com/caselaws?id=798384 Tue, 08 Sep 2026 20:13:11 +0530 Excise Case-Laws TaxLaws TaxTMI Employee group insurance credit remains available where mediclaim and accident cover serve employment-related employer liability purposes. https://www.taxtmi.com/caselaws?id=798385 https://www.taxtmi.com/caselaws?id=798385 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Composite works contracts with transferred goods fall outside repair service taxation, while extended limitation requires deliberate tax evasion. https://www.taxtmi.com/caselaws?id=798386 https://www.taxtmi.com/caselaws?id=798386 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Manpower supply classification failed where worker members directly engaged clients, and reimbursed wages were excluded from taxable value. https://www.taxtmi.com/caselaws?id=798387 https://www.taxtmi.com/caselaws?id=798387 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Composite works contracts escaped service tax before taxable works contract service commenced; later-period tax and interest remained appropriable. https://www.taxtmi.com/caselaws?id=798388 https://www.taxtmi.com/caselaws?id=798388 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Indirect-tax refund claims fail without proof that tax incidence was retained, despite non-levy clarification or non-recovery protection. https://www.taxtmi.com/caselaws?id=798389 https://www.taxtmi.com/caselaws?id=798389 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Extended limitation fails where advertising-space tax disputes arise from disclosed records and bona fide interpretational uncertainty. https://www.taxtmi.com/caselaws?id=798390 https://www.taxtmi.com/caselaws?id=798390 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Clinical-trial testing exemption and employee bond forfeitures exclude service tax where regulatory approval rests with trial sponsors. https://www.taxtmi.com/caselaws?id=798391 https://www.taxtmi.com/caselaws?id=798391 Tue, 08 Sep 2026 20:13:11 +0530 Service Tax Case-Laws TaxLaws TaxTMI Disclosure of relied-upon documents protects fair hearing rights, while evidentiary necessity governs retention of seized material. https://www.taxtmi.com/caselaws?id=798392 https://www.taxtmi.com/caselaws?id=798392 Tue, 08 Sep 2026 20:13:11 +0530 PMLA Case-Laws TaxLaws TaxTMI Equivalent-value attachment under money-laundering law requires a proven proceeds-of-crime nexus and a real risk of frustrated confiscation. https://www.taxtmi.com/caselaws?id=798393 https://www.taxtmi.com/caselaws?id=798393 Tue, 08 Sep 2026 20:13:11 +0530 PMLA Case-Laws TaxLaws TaxTMI Proceeds-of-crime attachment reaches non-accused holders when legitimate property sources and absence of criminal nexus remain unestablished. https://www.taxtmi.com/caselaws?id=798394 https://www.taxtmi.com/caselaws?id=798394 Tue, 08 Sep 2026 20:13:11 +0530 PMLA Case-Laws TaxLaws TaxTMI Going-concern sale implementation permits consequential reliefs, but preserves agreed acquisition costs and independent statutory compliance. https://www.taxtmi.com/caselaws?id=798396 https://www.taxtmi.com/caselaws?id=798396 Tue, 08 Sep 2026 20:13:11 +0530 TaxLaws Case-Laws TaxTMI Company investigation safeguards require recorded statutory satisfaction and prior hearing before external agencies receive tracking-information directions. https://www.taxtmi.com/caselaws?id=798397 https://www.taxtmi.com/caselaws?id=798397 Tue, 08 Sep 2026 20:13:11 +0530 Corporate Laws Case-Laws TaxLaws TaxTMI Redemption of restricted second-hand imports requires reasoned discretion; restriction alone cannot justify absolute confiscation or substitute statutory penalties. https://www.taxtmi.com/caselaws?id=798398 https://www.taxtmi.com/caselaws?id=798398 Tue, 08 Sep 2026 20:13:11 +0530 Customs Case-Laws TaxLaws TaxTMI Extended limitation requires deliberate suppression; pile fabrics fall under the specific tariff heading, while exemption eligibility requires fresh review. https://www.taxtmi.com/caselaws?id=798399 https://www.taxtmi.com/caselaws?id=798399 Tue, 08 Sep 2026 20:13:11 +0530 Customs Case-Laws TaxLaws TaxTMI Reassessment of excess export duty fixes refund limitation and starts statutory interest after the prescribed payment period. https://www.taxtmi.com/caselaws?id=798401 https://www.taxtmi.com/caselaws?id=798401 Tue, 08 Sep 2026 20:13:11 +0530 Customs Case-Laws TaxLaws TaxTMI Provisional release security must remain proportionate to disputed customs duty, and compliance cannot bar merits review of its demand. https://www.taxtmi.com/caselaws?id=798402 https://www.taxtmi.com/caselaws?id=798402 Tue, 08 Sep 2026 20:13:11 +0530 Customs Case-Laws TaxLaws TaxTMI Statutory revision governs disputed customs confiscation facts, making writ review unsuitable where waiver and notice remain contested. https://www.taxtmi.com/caselaws?id=798403 https://www.taxtmi.com/caselaws?id=798403 Tue, 08 Sep 2026 20:13:11 +0530 Customs Case-Laws TaxLaws TaxTMI Customs notice safeguards: disputed facts over detained gold preclude writ-based release and require adjudication on merits. https://www.taxtmi.com/caselaws?id=798404 https://www.taxtmi.com/caselaws?id=798404 Tue, 08 Sep 2026 20:13:11 +0530 Customs Case-Laws TaxLaws TaxTMI Reverse burden in customs cases distinguishes gold, silver and cash confiscation based on reasonable belief and evidentiary nexus. https://www.taxtmi.com/caselaws?id=798405 https://www.taxtmi.com/caselaws?id=798405 Tue, 08 Sep 2026 20:13:11 +0530 Customs Case-Laws TaxLaws TaxTMI Unexplained investment and rural agricultural land: explained cash and statutory distance rules eliminated tax additions. https://www.taxtmi.com/caselaws?id=798408 https://www.taxtmi.com/caselaws?id=798408 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Tax-deduction obligations survive expenditure disallowance, while year-end provisions require vendor-wise verification before default liability is determined. https://www.taxtmi.com/caselaws?id=798409 https://www.taxtmi.com/caselaws?id=798409 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI BSNL voluntary retirement compensation qualifies as retrenchment compensation, creating exempt capital-receipt treatment for employees under the scheme. https://www.taxtmi.com/caselaws?id=798410 https://www.taxtmi.com/caselaws?id=798410 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Reassessment jurisdiction requires specific notice, reasoned satisfaction, independent approval, and fair access to adverse third-party material; otherwise proceedings are void. https://www.taxtmi.com/caselaws?id=798411 https://www.taxtmi.com/caselaws?id=798411 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Foreign tax credit eligibility bars business-expense deduction even where no Indian tax liability permits credit utilisation. https://www.taxtmi.com/caselaws?id=798412 https://www.taxtmi.com/caselaws?id=798412 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Unexplained expenditure additions fail when purchase evidence, bank payments and GST reconciliation establish the source of expenditure. https://www.taxtmi.com/caselaws?id=798413 https://www.taxtmi.com/caselaws?id=798413 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Trade and quantity discounts from dairy agency operations cannot be treated as unexplained money without justification. https://www.taxtmi.com/caselaws?id=798414 https://www.taxtmi.com/caselaws?id=798414 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Functional comparability in transfer pricing requires regulatory affairs services to be benchmarked independently, not re-characterised as knowledge process outsourcing. https://www.taxtmi.com/caselaws?id=798415 https://www.taxtmi.com/caselaws?id=798415 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Fully disclosed debatable slump-sale computation cannot support inaccurate-particulars penalty despite acceptance of the related capital-gains addition. https://www.taxtmi.com/caselaws?id=798416 https://www.taxtmi.com/caselaws?id=798416 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Misreporting penalties require independent statutory proof; omitted interest income alone remains under-reporting subject to the ordinary penalty rate. https://www.taxtmi.com/caselaws?id=798417 https://www.taxtmi.com/caselaws?id=798417 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Corpus donations through documented donor intent protect infrastructure grants while charitable accumulation and exemption claims require proper computation. https://www.taxtmi.com/caselaws?id=798418 https://www.taxtmi.com/caselaws?id=798418 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Invalid transfer jurisdiction renders the assessment non est and prevents any penalty founded upon it from surviving. https://www.taxtmi.com/caselaws?id=798419 https://www.taxtmi.com/caselaws?id=798419 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Transfer-pricing adjustment rectification reduced the upward adjustment to nil, leaving no surviving grounds and requiring effect in assessment. https://www.taxtmi.com/caselaws?id=798420 https://www.taxtmi.com/caselaws?id=798420 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Stamp-duty valuation presumption rebutted where purchaser-funded land conversion, not market appreciation, caused the valuation difference. https://www.taxtmi.com/caselaws?id=798421 https://www.taxtmi.com/caselaws?id=798421 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Tribunal territorial jurisdiction follows the Assessing Officer's location, preventing adjudication by a Bench linked only to appellate proceedings. https://www.taxtmi.com/caselaws?id=798422 https://www.taxtmi.com/caselaws?id=798422 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Unexplained money addition fails where third-party records lack proof of the assessee's ownership or unaccounted fund receipt. https://www.taxtmi.com/caselaws?id=798423 https://www.taxtmi.com/caselaws?id=798423 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Revised-return scrutiny notices are jurisdictional, invalidating assessments when no fresh notice follows the operative revised return. https://www.taxtmi.com/caselaws?id=798424 https://www.taxtmi.com/caselaws?id=798424 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Alternative remedy doctrine yields where assessment ignores material on exempt stipend status, requiring fresh factual determination by the Assessing Officer. https://www.taxtmi.com/caselaws?id=798425 https://www.taxtmi.com/caselaws?id=798425 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI Search-derived third-party material requires Section 153C assessment, making reassessment under Sections 147/148 impermissible. https://www.taxtmi.com/caselaws?id=798426 https://www.taxtmi.com/caselaws?id=798426 Tue, 08 Sep 2026 20:13:11 +0530 Income Tax Case-Laws TaxLaws TaxTMI TMI Updates - Newsletter dated: September 08, 2026 https://www.taxtmi.com/newsletter?id=09/08/2026 https://www.taxtmi.com/newsletter?id=09/08/2026 Daily Updates Tax