Day: April 3, 2026
57 articlesIncome Tax

Income Tax
Section 80P Deduction Allowed on Bank Interest – ITAT Follows Tumkur Merchants, Distinguishes Totagars
Finance

Finance
Ex-Parte Succession Certificate Set Aside – SC Protects Minor’s Rights, Allows Fresh Hearing
Income Tax

Income Tax
Penalty Deleted as Issue Becomes Debatable – HC Admission of Quantum Appeal Saves Assessee
Income Tax

Income Tax
Fresh Claim of Section 54F Cannot Be Rejected Mechanically – ITAT Remands for Reconsideration
Income Tax

Income Tax
Entire Bank Deposits Can’t Be Taxed U/s 69A – Only Reasonable Commission Income Taxable
Income Tax

Income Tax
Reassessment Beyond 3 Years Invalid if Escaped Income Below ₹50 Lakh: ITAT Chennai
Custom Duty

Custom Duty
Failure to furnish BOE cannot be sole basis to deny export entitlements
Income Tax

Income Tax
NIL withholding tax application cannot be allowed on based on argument of pending assessment
Goods and Services Tax

Goods and Services Tax
GSTN Clarifies Appeal Rights Due to Incorrect NIL Demand in Adjudication Orders
Goods and Services Tax

Goods and Services Tax
No Ruling on ITC Refund Eligibility Due to Withdrawal of AAR Application
Goods and Services Tax

Goods and Services Tax
GST Not Applicable on Bank Rebates as No Supply Involved: AAR Karnataka
Goods and Services Tax

Goods and Services Tax
No Ruling on Margin Scheme Benefit on Used Car in GST Case Due to Lack of Evidence
Goods and Services Tax

Goods and Services Tax
Biodiesel Blend Classification Clarified Due to Petroleum Content Threshold Rule
Goods and Services Tax

Goods and Services Tax
