Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Two judges of the Delhi High Court disclosed their personal tax filing statuses ahead of a significant plea regarding the taxation of judges' allowances, indicating the potential personal implications of the case.
The ITAT clarified that disallowance of expenses under Section 37(1) is unsupported without specific adverse findings.
This article addresses common client inquiries during the ITR deadline week, providing practical insights for tax professionals.
This article highlights common discrepancies leading to income tax notices post ITR filing. It serves as a practical guide for tax practitioners and Chartered Accountants to ensure compliance and avoid scrutiny.
The Karnataka High Court ruled that minor typographical errors in manually entered DINs do not invalidate income tax orders. This ruling clarifies compliance requirements in tax proceedings.
The ITAT has ruled that loans repaid within the same financial year are not subject to income tax addition under Section 68. This decision aligns with prior judgments and clarifies tax liabilities for taxpayers.
The Calcutta High Court has ruled that respondents cannot contest the maintainability of customs appeals prior to their admission, directing ex parte proceedings. This ruling clarifies procedural aspects in customs appeals.
The CAAR Mumbai has classified Vistacell H under Tariff Item 21022000, ruling it as inactive yeast instead of an animal feed preparation under Heading 2309. This classification carries implications for tax obligations.
CBIC has amended Notification No. 62/1994 to include Udangudi, Tamil Nadu, for the unloading of imported coal. This notification facilitates compliance and streamlines import processes for coal handlers in the region.
The Central Board of Direct Taxes (CBDT) has issued a notification setting the cost inflation index at 384 for the financial year 2026-27, applicable from April 1, 2026.
The Telangana High Court has dismissed a writ petition challenging a Section 74 GST assessment, guiding the taxpayer toward pursuing a statutory appeal. This ruling highlights the procedural pathways in tax disputes.
The Karnataka High Court has granted interim relief in a GST ITC dispute over rental income, subject to maintaining a percentage of the disputed credit in the Electronic Credit Ledger.