SHRI RAVISH SOOD, JM AND SHRI ARUN KHODPIA, AM For the Assessee : Shri Sunil Kumar Agrawal, CA For the Revenue : Shri V.K. Singh, CIT-DR ORDER Per Arun Khodpia, AM: This appeal is filed by the assessee against the order of Ld. Commissioner of Income Tax (Appeals)- 1, Raipur (in short "CIT(A)"), dated 25.01.2019 for AY 2015-16. Which in turn arose from the order u/s 143(3) r.w.s. 153A of the Income Tax Act, 1961 (in short "The Act"), dated 29.12.2016 passed by Deputy Commissioner o... ... ...

GOVERNMENT OF ASSAM ORDERS BY THE GOVERNOR FINANCE (TAXATION) DEPARTMENT NOTIFICATION The 16th July, 2026 eCF No.703778/503.- In exercise of the powers conferred by sub-section (5) of section 15 of the Assam Goods and Services Tax Act, 2017 (Assam Act No. XXVIII of 2017), the Governor of Assam, on the recommendations of the Council is pleased to make the following further amendment in the Finance (Taxation) Department notification eCF No. 400555/54 published in Assam Gazette Extra... ... ...

Time of supply for road construction and maintenance services in National Highways Authority of India national projects executed under the Hybrid Annuity Mode is clarified for purposes of the Delhi Goods and Services Tax Act, 2017. The corresponding central tax clarification applies mutatis mutandis in Delhi, with the measure being clarificatory in character.

Appeals before the Appellate Tribunal are governed by separate filing limits according to the date of communication of the challenged order. Where an order was communicated before 1 April 2026, an appeal may be filed up to 30 June 2026. Where an order is communicated on or after 1 April 2026, the appeal may be filed within three months from the date of communication to the person preferring the appeal.

New Delhi, Sep 8 (PTI) In a significant victory for Peerless General Finance and Investment Company Limited, the Supreme Court on Tuesday declined to interfere with the judgment of the National Company Law Appellate Tribunal (NCLAT) and dismissed the appeal filed by Bhagwati Developers Private Limited (BDPL) in a dispute over the transaction of shares. The dismissal of the plea of BDPL brings to an end one of India's longest-running corporate disputes, which has continued for more than three... ... ...

SHRI SAKTIJIT DEY, VICE-PRESIDENT AND SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER For the Assessee : Dr. Rakesh Gupta, Advocate Sh. Shrey Jain, Advocate For the Revenue : Sh. Zafarul Haque Tanweer, CIT-DR ORDER This is an appeal by the assessee against order dated 30.11.2022 of learned Commissioner of Income-tax (Appeals)-30, New Delhi for assessment year 2019-20. 2. In addition to the main grounds, the assessee vide letter dated 05.10.2023 has raised the following additional grounds : ... ... ...

Monetary limits for filing departmental appeals or applications before the GST Appellate Tribunal, High Courts and the Supreme Court are applied mutatis mutandis under the Delhi Goods and Services Tax Act, 2017. The corresponding central-tax framework is adopted for uniformity and reduction of Government litigation. The measure is clarificatory, and implementation difficulties may be brought to the Commissioner of State Tax, Delhi.

Jammu and Kashmir SGST rate schedules replace specified tariff-classification entries in Schedule I, attracting 2.5%, and Schedule III, attracting 20%. Schedule I substitutes the entries for serial numbers 150 and 151, while Schedule III substitutes entries for serial numbers 2 and 3. The revised tariff classifications are deemed effective from 1 May 2026.

Enforcement Directorate used PMLA information-sharing powers to seek a police FIR over alleged bribery, sham consultancy payments, and laundering of funds linked to CMRL and Exalogic Solutions. The allegations concern purported payments for IT consultancy services, use of Exalogic Solutions as a corporate vehicle for routing payments, and alleged transfers of funds to Dubai. The investigation also draws on allegations of fictitious corporate expenditure that generated cash for unlawful payments.

Section 66(2) of the Prevention of Money Laundering Act permits the Enforcement Directorate to share criminal-investigation findings with law-enforcement agencies for registration of a fresh FIR or complaint. A police case registered on that information can form the basis for a PMLA case. In the reported investigation, FIR registration was sought on evidence gathered during the PMLA probe and searches concerning alleged consultancy payments.

Under TNMM, foreign associated enterprises may serve as tested parties for software-service transactions when they are the less complex entities, reliable comparable data is available, and sufficient information is provided for verification. Tested-party selection is not restricted to an Indian entity. Performance guarantees linked to a taxpayer's own contractual obligations, where associated enterprises receive no independent benefit, fall outside the scope of an international transaction. These principles govern arm's-length benchmarking of software services and the transfer-pricing treatment of guarantees.

Strategic Advisory Board appointments add Mr. Rajaram and Mr. Bala Swaminathan to UpTik's advisory leadership for its invoice discounting and alternative credit operations. Their respective experience in structured finance, regulatory compliance, banking operations, treasury and institutional finance is intended to strengthen governance, risk oversight, compliance, credit-management frameworks and institutional partnerships. The appointments support expansion of transparent and responsible alternative credit access for MSMEs.

A taxpayer intending to file a Tribunal appeal may secure a stay of recovery of the balance confirmed demand by paying an amount equivalent to the prescribed pre-deposit through the electronic liability ledger and furnishing an undertaking to file the appeal when the Tribunal becomes operational. Payments inadvertently made through FORM GST DRC-03 may, through FORM GST DRC-03A, be treated as payments towards the relevant demand and adjusted against appellate pre-deposit requirements, subject to timely appeal filing.

The Special All-India Drive targets suspicious and high-risk GSTINs through coordinated verification by Central and State tax authorities. Non-existent or fictitious taxpayers may face registration suspension and cancellation, while officers must examine blocking of input tax credit and identify recipients receiving credit through unsupported invoices. Wrongly availed credit may be pursued for demand and recovery, with cross-jurisdictional cases shared through nodal officers and the 'Initiate Enquiry' functionality. Weekly action-taken reports, verification feedback, and novel modus operandi reporting support coordinated monitoring.

Proceedings concerning delayed real-estate projects require a fresh comprehensive proposal addressing possession, refunds, delayed-possession compensation, and enforcement-related claims of all homebuyers across the developer's group entities. An inadequate proposal may lead to appointment of a High-Powered Committee to assume relevant responsibilities. Frozen bank accounts remain under restraint, and a request by the Insolvency Resolution Professional to operate an account for company affairs was not entertained. The proceedings also raise concerns over enforcement of real-estate regulatory directions and protection of homebuyers facing prolonged delays.

Proper Officers handling refunds, assessments, cancellation, demands and recovery must follow prescribed procedure and issue reasoned and speaking orders addressing all issues in the matter. Orders concerning show-cause notices and other cases require detailed consideration and must not merely reproduce standard passages without addressing the issues involved. Recording reasons supports quasi-judicial decisions in disputed claims and demonstrates that decisions rest on legal principles.

Income from eligible shipping operations computed under the Tonnage Taxation Scheme is determined independently of the actual receipts, revenue and expenditure of the shipping business. Transfer-pricing adjustments concerning interest on ship purchases, ship acquisition prices and hire charges therefore do not affect tonnage income, where those transactions relate to the eligible shipping business. A negative lien over shares, although it creates no repayment obligation or direct financial commitment, provides lender comfort and remains subject to arm's-length benchmarking. The benchmarked charge was restricted to 0.25%, requiring recomputation of the related adjustment.

Tax audit applicability under section 44AB is considered for a partnership firm with turnover of 44 lakhs, book profit of 56,000, and discontinued business operations. The issue is whether audit is required for filing its mandatory income-tax return and declaring actual book profit, after its accounts had been audited in the preceding assessment year when turnover was two crores.

Inspection-based adjudication under the TNGST framework is allocated by the revenue effect in FORM GST DRC-01. Following non-payment, partial payment, or objections to FORM GST DRC-01A, the inspecting officer must issue a complete show-cause notice and obtain approval for transfer to another proper officer. Assistant Commissioners (ST) adjudicate matters exceeding Rs. five crore; State Tax Officers adjudicate all other matters. For multi-year inspections, crossing the threshold in any one year requires transfer of all years' notices to an Assistant Commissioner.

Solar cookers using solar energy and grid electricity, all sprinklers including fire water sprinklers, and parts of poultry-keeping machinery attract GST at 12%. Agricultural farm produce in packages exceeding 25 kilograms or 25 litres is excluded from "pre-packaged and labelled" and does not attract GST at 5%. Past issues concerning specified goods are regularised on an "as is where is" basis. Regularisation for government distribution supplies of pulses and cereals requires prescribed certification and reversal of any input tax credit availed.