GSTNtax
Gross GST Collections Rises by 13.9% in June 2026
Gross GST collections for June 2026 reached ₹1.94 lakh crore, marking a 13.9% increase driven by higher domestic and import revenues.
Jul 2, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Gujarat High Courttaxconstitutional
Gujarat HC Upholds Power to Issue Post-GST Service Tax Notices but Quashes Them on Limitation
The Gujarat High Court upheld the authority to issue service tax notices post-GST but quashed those issued beyond the limitation period. The court clarified statutory remedy requirements.
Jul 2, 2026Read more →
Orissa High Courttaxcorporate
No Double Excise Duty as State Cannot Recover Tax Twice on Same MGQ Transaction
The Orissa High Court ruled that excise duty cannot be collected again on a transaction for which it has already been paid, supporting the principles of fair taxation.
Jul 1, 2026Read more →
Income Tax Appellate Tribunaltax
Books of Accounts Cannot Be Rejected on Low Profit Rate
The ITAT ruled that books of accounts cannot be rejected merely on suspicion or perceived low profit rates.
Jun 30, 2026Read more →
Income Tax Appellate Tribunaltax
Travel Reimbursements to Non-Residents Not Taxable
The ITAT has ruled that travel reimbursements to non-resident entities without profit elements are not taxable in India.
Jun 30, 2026Read more →
Income Tax Appellate Tribunaltax
Capital Gains Exemption Not Denied for Non-Deposit in CGAS
The ITAT ruled that exemptions under Sections 54/54F cannot be denied for non-deposit in CGAS if investment is made in residential property timely.
Jun 30, 2026Read more →
Income Tax Appellate Tribunaltax
Unsupported Extrapolation Cannot Justify Tax Addition
ITAT ruled that income tax additions based on unsupported extrapolation of figures are impermissible.
Jun 30, 2026Read more →
Income Tax Appellate Tribunaltax
Section 87A Rebate Permitted Under New Tax Regime
The ITAT has allowed Section 87A rebate on short-term capital gains taxable under Section 111A for taxpayers with total income within ₹7 lakh.
Jun 30, 2026Read more →
Income Tax Appellate Tribunaltax
Bogus Purchases Limited to 8% Profit in Absence of Stock Rejection
The ITAT has restricted disallowance of bogus purchases to 8% of the purchase price in the absence of stock and sales rejection.
Jun 30, 2026Read more →
Income Tax Appellate Tribunaltax
Filing Error Does Not Void Section 10AA Deduction
ITAT has ruled that an incorrect form filing does not negate entitlement to Section 10AA deductions if eligibility criteria are met.
Jun 30, 2026Read more →
Karnataka High Courttax
Karnataka HC: Clandestine Removal Cannot Be Proved Solely on Power Consumption
The Karnataka High Court dismissed an excise demand citing lack of scientific basis, confirming that clandestine removal of goods cannot be established by mere power consumption analysis.
Jun 29, 2026Read more →
CESTATtax
Freight-Based Vessel Charter for Coastal Goods is Transportation Service, Not Vessel Hire
The CESTAT ruled that voyage charter contracts for coastal goods are categorized as transportation services rather than tangible goods supply, impacting taxation perspectives.
Jun 29, 2026Read more →