ITAT Ranchi directed the AO to readjudicate the tax liability for a ₹23.5 lakh cash deposit after the assessee claimed the bank wrongly attached his PAN to a company’s account. The AO must verify if the company disclosed the account and had adequate cash for the deposit.
Citing violation of the principles of natural justice for denying an adjournment request, the Delhi HC set aside the expiry of the limitation period for Acme India’s GST appeal. The appeal challenging the order, which confirmed a tax demand arising from alleged ineligible ITC from fake firms, must be decided on merit.
The Delhi High Court stayed GST recovery proceedings in the Welcut Industries case due to the non-functional GSTAT. The stay is subject to the Petitioner depositing 10% of the demanded amount as pre-deposit.
Pune ITAT dismissed a firm’s appeal, confirming the PCIT’s order to tax Rs 19.44 lakh in unexplained cash and stock found in a survey under the stringent Section 115BBE.
The 2025 rules allow foreign nationals to practice only in advisory and transactional roles, with no right of audience before Indian courts. The framework protects the exclusive litigation rights of Indian advocates while regulating foreign legal participation through strict eligibility and visa controls.
Challenging a tax notice, Viable Venture Private Limited secured a stay on GST proceedings from the Allahabad High Court regarding a lease deed from before the UPGST Act. The court’s order noted that similar petitions have been entertained, challenging tax liability on pre-GST leases.
The Andhra Pradesh High Court quashed GST assessment orders issued under Section 62 against Pushpa Decors after the required returns were subsequently filed. The court affirmed the assessment is deemed withdrawn under Section 62(2).
India’s legal system is shifting to a victim-centered approach, utilizing victimology and re-storative justice through compensation schemes, legal aid, and support centers to prioritize healing over only punishment.
Learn about key income tax benefits, exemptions, and filing relaxations available to senior and very senior citizens under the Income Tax Law for FY 2025-26.
NFRA releases Audit Practice Toolkit focusing on Strategy and Planning to enhance audit quality, especially for small and medium practitioners in India.