AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Kerala High Court held that a writ petition challenging an allegedly void assessment should be considered, even when an alternative remedy exists, emphasizing the significance of justice in taxation matters.
The Punjab and Haryana High Court has set aside a GST Section 74 order, remanding the case for fresh consideration to ensure due process through a personal hearing.
The SAFEMA Tribunal has determined that accounted plots belonging to alleged bona fide buyers cannot be classified as proceeds of crime, thereby preventing the Enforcement Directorate (ED) from attaching these assets in a developer fraud case.
The CBDT has granted income tax exemption to the District Legal Services Authority for FY 2026-27 on grants, donations, fees, and interest income. This exemption is contingent upon the non-commercial nature of activities and mandatory compliance with section 263(9)(c)(xiii) regarding income sources.
The ITAT ruled that a mere donation receipt is insufficient to claim deductions under Section 80GGC, emphasizing the need for proof of genuine political contributions.
The Chhattisgarh High Court has denied anticipatory bail to a director involved in an alleged GST ITC fraud of Rs. 17.13 crore, ruling that custodial interrogation remains necessary.
The Supreme Court has upheld the rejection of assessee's books of accounts necessitating reliance on the DVO's report for assessing escaped income, establishing a procedural precedent for future tax assessments.
The Madras High Court has upheld the refund of an extra duty deposit that was collected without legal authorization, reaffirming taxpayer rights under Section 27 of the Customs Act.
The Bombay High Court has remanded disputes regarding CENVAT credit refunds, suggesting that supplies to SEZs may qualify as exports. This ruling could enhance the framework for refund claims.
The Finance Ministry has extended the anti-dumping duty on Phthalic Anhydride imports from China and Korea for another five years, indicating ongoing protectionism in the domestic market.
CESTAT Hyderabad has upheld penalties against a managing partner for customs violations, reinforcing individual liability in corporate customs infractions. This ruling clarifies accountability for customs compliance.
CAAR Mumbai has reclassified Pelaforce EMA1170 under CTH 1302, making it eligible for customs benefits under Notification No. 45/2025-Customs. This modification provides a significant duty exemption for relevant imports.
SEBI has launched the GARUDA mechanism to expedite the filing and launch procedures for Alternative Investment Funds (AIF), effective immediately under revised AIF regulations.