The ITAT Delhi held that Common Area Maintenance (CAM) charges are payments for maintenance services and not consideration for the use of premises. Accordingly, TDS on such payments is deductible under Section 194C and not Section 194-I.
The Delhi High Court admitted appeals challenging the Tribunal’s reliance on Section 56(2)(vii)(b) for directing a fresh valuation exercise in a slump sale transaction. The Court framed substantial questions on the legality of invoking provisions allegedly inapplicable during the relevant assessment year.
ITAT Ahmedabad held that a protective addition cannot be deleted merely because a substantive addition has been confirmed at the first appellate stage if the substantive addition is still under challenge. The ruling emphasizes that protective additions may continue until final adjudication.
The Supreme Court dismissed the Revenue’s review petitions and reiterated that payments for off-the-shelf software do not constitute royalty where no copyright rights are transferred. The ruling confirms that such payments are not taxable in India and do not trigger withholding tax obligations.
CAAR Mumbai held that CKD kits comprising discrete electronic components could not be classified as motherboards under CTH 8473 30 20 because they lacked the essential character of finished motherboards at the time of importation.
The Fourth Amendment Regulations, 2026 require committees of creditors to document the rationale behind approving resolution plans and assessing market discovery efforts. The changes aim to improve accountability and transparency in insolvency proceedings.
Government extends countervailing duty on aluminium wire/wire rod imports from Malaysia up to 23 March 2027 through Notification No. 3/2026-Customs.
Government extends anti-dumping duty on aluminium foil from China, Malaysia, Thailand and Indonesia up to 15 December 2026. Notification No. 10/2026-Customs (ADD) Dated: 10th June, 2026
Notification No. 29/2026-Central Excise grants Nil Agriculture Infrastructure and Development Cess on E22, E25, E27 and E30 petrol blends. The move strengthens the Government’s efforts to promote cleaner and sustainable fuel alternatives.
Notification No. 28/2026-Central Excise exempts E22, E25, E27 and E30 petrol blends from additional excise duty in the form of Road and Infrastructure Cess. The measure advances India’s policy objective of encouraging cleaner transportation fuels.
