AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
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.
Wealthy Indians strategically manage tax liabilities through lawful financial planning and investments. Understanding these strategies can provide insight into effective tax management.
The Tripura High Court ruled that a GST order was invalid as there was no proof of delivery, reinforcing the necessity of proper service protocols under the CGST Act.
The ITAT has clarified that revisionary powers under Section 264 of the Income Tax Act cannot enhance tax liabilities or worsen the assessee’s position during revisionary proceedings.
The ITAT Delhi ruled that penny stock loss cannot be deemed bogus based merely on an Investigation Wing report, absent independent verification of the transactions. This ruling underscores the necessity for thorough investigation in tax assessments.
The government modified concessional customs rates under the India-UAE CEPA, effective May 13, 2026.
CBIC has implemented system-based identification and fast-track clearance for hazardous import cargo starting July 1, 2026.
CESTAT Hyderabad ruled that foreign markings on seized gold alone cannot substantiate smuggling allegations without further evidence.
CESTAT Ahmedabad ruled that a partner of a penalized firm cannot face separate penalties for the same violation under customs law.