Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The CBDT has announced an exemption on TDS for payments to 14 categories of units operating in the International Financial Services Centre (IFSC) as per the newly enacted Income Tax Act.
A new compliance checklist for Income Tax Forms 2026 has been released, detailing essential forms, due dates, and filing requirements for taxpayers, employers, and chartered accountants.
ITAT Pune has reduced the gross profit addition to 2% by applying comparative analysis of past scrutiny records and similar businesses. This ruling may influence future assessments.
A proposed GST measure may offer enhanced ITC protection to genuine buyers providing GSTR-2B and payment proof. However, it hasn't yet been enacted into law.
The GSTAT will now generate tokens for appeal filing, but incomplete requests may lead to void statuses.
This week's ITAT roundup covers significant decisions reported between July 5 and July 11, 2026.
The weekly summary highlights key developments from the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) reported between June 28 and July 5, 2026. Practitioners should be aware of these significant legal updates.
Taxpayers with income below Rs. 12 lakh may still need to file their Income Tax Return (ITR) based on various factors including income type and TDS. It's essential to assess individual circumstances before deciding to forgo filing.
The CBDT has authorized the DGIT (Systems) to manage the timely upload of foreign account information, streamlining compliance for taxpayers.
The CESTAT Delhi concluded that Section 28(4) limitation was not applicable to customs classification disputes where the relevant facts were disclosed, leading to the annulment of the duty and penalties.
The CESTAT Delhi upheld the classification of EPS-ECU as an automobile part under CTH 8708 94 00, dismissing multiple appeals based on prior rulings.
The CESTAT in Chennai set aside a customs duty demand under Notification No. 104/94-Cus, remanding the issue for a thorough container-wise verification.