AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Tribunal has upheld the findings of fraud related to third-party shipping bills but reduced penalties based on the principle of proportional liability. This ruling clarifies the quantum of penalties that can be levied.
The CBIC has clarified that the physical boarding of customs officers cannot delay vessel entry and sail-out clearance, streamlining port operations. This initiative aims to facilitate faster cargo operations through increased digital processes.
The Bombay High Court has declared that GST amounts paid pre-adjudication cannot be classified as voluntary payments, directing the refund of collected dues with interest if delayed.
The Punjab and Haryana High Court has granted bail to an assistant linked to a ₹66 crore GST fraud case, noting the offence's triable nature and the applicant's custody duration.
The Telangana High Court has clarified that payment of GST dues during adjudication does not exempt taxpayers from the mandatory pre-deposit requirement when filing an appeal.
The Telangana High Court has allowed a taxpayer to withdraw a writ challenge against a Section 74 GST order and pursue the statutory appellate remedy instead, ensuring that the appellate authority considers the delay in filing.
The ITAT has held that an assessing officer cannot add alleged bogus losses back while computing book profit under Section 115JB of the Income Tax Act if they have been disallowed for regular income.
The Karnataka High Court has quashed an ex-parte income tax assessment order, citing failure to consider the exemption under Section 80P(2) during the bank attachment process.
The ITAT has ruled that payments made for global brand and technology support services by Deloitte are not taxable as royalties under the India-UK Double Taxation Avoidance Agreement, leading to the deletion of the TDS demand.
The ITAT has ruled that CSR donations to approved institutions are eligible for tax deductions under Section 80G despite Section 37 restrictions. A deduction of ₹22.60 lakh was granted.
The ITAT Delhi ruled that a penny stock loss cannot be declared bogus solely based on an Investigation Wing report without independent verification. The matter has been remanded for further inquiry.
The CESTAT has allowed an appeal stating that service tax for commercial coaching and training services cannot be levied by different parties, addressing the principle of double taxation.
The CESTAT ruled that CENVAT credit for service tax on inputs directly or indirectly used in manufacturing filled polypropylene cannot be denied, emphasizing the proper basis for claims.