The Tribunal held that the assessee proved substantial upgrades to a semi-constructed house using bills and contractor records. It allowed the ₹4.05 crore indexed improvement cost, rejecting the AO’s suspicion-based disallowance.
The Tribunal held that the assessment was void because jurisdiction shifted between officers without a mandatory transfer order. It reaffirmed that proceedings without statutory jurisdiction are null and void.
Most income tax notices involve minor mismatches or routine verification and can be resolved by submitting clarifications or documents. Key takeaway: timely response avoids unnecessary stress.
ITC cannot be mechanically denied to purchasers even if invoices are missing in GSTR-2B. Key takeaway: the ruling safeguards taxpayers paying GST in good faith.
Introduction: After a long wait, finally rules related to Goods and Services Tax Appellate Tribunal (GSTAT) are prescribed on 24th April, 2025. Chapter III of the Goods and Services Tax Appellate Tribunal (Procedure) Rules, 2025 (GSTAT Rules), outlines the process of filing appeals with the GSTAT. This article explains the procedure for filing an appeal […]
Explains the Registrar’s administrative and quasi-judicial functions, highlighting their role in managing staff, filings, and court procedures. Key takeaway: the Registrar ensures smooth court operations.
Calcutta High Court holds that minors lack legal capacity to consent, upholding life imprisonment for sexual assault under POCSO and IPC provisions. The ruling reinforces child protection laws.
Explains how gratuity exemptions differ for government, private, and Gratuity Act–covered employees. Key takeaway: exemption is capped at ₹20 lakh, and excess becomes taxable.
The Tribunal held that the AO cannot expand a limited scrutiny into full scrutiny without written approval from the Principal CIT. Additions under Sections 2(22)(e) and 69A were struck down, reaffirming that CBDT instructions are mandatory.
Explains how multiple regulators now require valuation for corporate, tax, and investment transactions. Key takeaway: valuation has become a legal and strategic necessity.
