ITAT directed the AO to verify Form 26AS and the corresponding income before deciding the TDS credit claim instead of denying it outright.
ITAT held that Section 54F deduction cannot be denied where capital gains are invested in a residential house within the prescribed period despite non-deposit in the Capital Gains Account Scheme.
ITAT confirmed the Section 69A addition after the assessee failed to produce evidence identifying the alleged farmers or explaining the source of ₹23 lakh.
Mohan Milkfoods Private Limited Vs Joint Commissioner (Corporate-2) State Tax And 2 Others (Allahabad High Court) The Allahabad High Court considered a writ petition challenging an order dated 9 April 2026 by which the petitioner’s Input Tax Credit (ITC) available in the Electronic Credit Ledger (ECL) was blocked under Rule 86-A of the Uttar Pradesh […]
Telangana HC declined to examine the merits and allowed the taxpayer to file a statutory appeal with a delay condonation application. The appellate authority was directed to consider the delay and decide the appeal on merits if satisfied.
ZenVolt Review of the AI Compute Strategy, exploring how renewable-powered AI infrastructure integrates with crypto staking, key features, risks, returns, and investor suitability.
CAAR held Exhibit Batch imports are ineligible for Notification 45/2025 benefits as transfer to factory or import by factory breaches notification conditions.
CAAR ruled laser-marked rough diamonds are not in their natural state, classifying them as semi-processed and denying exemption under Sr. 345.
CAAR Mumbai held that compact laser engraving machines are outside the DGTR Product Under Consideration and are not liable to ADD under Notification No. 15/2023.
CAAR held that Greek Zante Currants are classifiable under CTH 08062010 as raisins, making them eligible for exemption under Notification No. 45/2025.
