Madhya Pradesh HC quashes tax notices issued to a deceased person under Section 148 of the IT Act, allowing authorities to proceed against the legal heir.
Delhi High Court upholds GST demand and account freeze, advising the petitioner to seek alternate remedies for identity theft allegations.
Orissa High Court quashes GST demand order against Kalishankar Sahoo, citing reassessment issues and granting revenue liberty to initiate fresh proceedings.
Supreme Court alters Telangana HC order, reducing interest rate on TSI Business Parks’ income tax refund to 6% as per statute.
Telangana HC rules against Income Tax Dept for unlawful adjustment of TSI Business Parks’ refunds without prior notice and despite stay orders.
ITAT Hyderabad partly allows Madhusudhan Jaju’s appeal on capital gains, remands Section 54F exemption issue. Litigation sale price accepted.
Jaipur ITAT sets aside PCIT order under Section 263 in Smt. Lata Phulwani case, citing AO’s due inquiry and permissible view on Sec 54F deduction.
ITAT Mumbai dismisses ITO’s appeal against Pamela Pritam Ghosh, upholding Section 54 exemption for property purchase in Australia before the 2014 amendment.
Delhi High Court dismissed the revenue’s appeal in PCIT Vs S.G. Portfolio Pvt. Ltd., citing jurisdictional lapses and lack of fresh material for reassessment.
In this article author analyses main changes made in Finance Bill 2025 as passed by Lok Sabha, along with it’s analysis.