Selecting the right Income Tax Return (ITR) form (ITR-1 to ITR-7) for AY 2025-26 is crucial for tax compliance. This guide outlines applicability for individuals, businesses, and other ...

Madras High Court held that classification of lightings, fixtures and fittings, etc. as ‘capital goods’ by licencing authority [DGFT] cannot be otherwise for Customs Department. Thus, customs ...

Bombay High Court grants relief to Magna Automotive India and others, following the precedent set in the M/s. Sundyne Pumps and Compressors India Pvt. Ltd.

Delhi High Court upholds a ₹285 crore penalty against a GST consultant involved in a large-scale fake Input Tax Credit (ITC) ...

ITAT Chennai holds reassessment notice under Section 148 for AY 2013–14 as time-barred, relying on Supreme Court’s ruling in Rajeev Bansal and other ...

Bombay High Court directs reconsideration of a Sabka Vishwas Scheme declaration, ruling that admitted service tax liability before the cut-off date constitutes ...

Gujarat High Court dismisses revenue appeal, affirming that delayed Form 10B filing is procedural for charitable trusts, distinguishing from Wipro Ltd.

ITAT Mumbai grants Vishwaroop Infotech partial relief on unrealized rent and Section 14A disallowance, highlighting commercial expediency and proper expense ...

CESTAT Delhi sets aside import duty hike on bitumen for Varaha Infra, affirming use of lowest comparable value for identical ...

ITAT Delhi quashes Rs. 10,000 penalty on Carreen Builders under Section 271(1)(b), citing assessee's cooperation and assessment completion under Section ...

Delhi ITAT rules on Sushil Bansal's appeal, deleting interest u/s 234B and penalty u/s 271AAB on Rs. 88 lacs seized cash, citing pre-search ...

ITAT Chandigarh rules that CPC lacked power to disallow Section 80P deduction for late-filed returns under Section 143(1) for AY 2018-19, citing statutory ...