The article clarifies that the CBDT’s 4 June 2026 instruction governs six categories of compulsory manual scrutiny and is distinct from the CASS risk-based selection process. It explains the scope of each category and how taxpayers should prepare.
The ITAT Mumbai held that reassessment proceedings initiated on the basis of information arising from a search in the case of a third party fell within the exceptions to Section 148A. It ruled that issuance of a notice under Section 148A was without authority of law and could not confer jurisdiction. The reassessment was accordingly quashed.
The article analyses the Supreme Court’s decision upholding 28% GST on Gross Bet Value rather than Gross Gaming Revenue. It examines the statutory reasoning and discusses its impact on the online gaming industry’s tax framework.
The article explains how India’s Place of Effective Management (POEM) rules may treat a foreign company as an Indian tax resident if key decisions are made from India. It also highlights the importance of aligning management with the chosen jurisdiction.
Form DPT-3 is an annual MCA compliance requirement for reporting deposits and specified non-deposit receipts. The article explains applicability, due dates, filing requirements, and penalties for non-compliance.
The Tribunal ruled that although CSR expenditure is not allowable under Section 37, eligible donations made to recognised institutions can still qualify for deduction under Section 80G. The assessee’s claim was allowed for eligible donations.
The Tribunal held that penalty under Section 271D could not be levied because the Assessing Officer failed to record satisfaction for initiating such proceedings in the assessment order. The penalty was cancelled following the Supreme Court’s ruling.
The Tribunal held that penalties under Sections 271D and 271E could not be sustained because the Assessing Officer failed to record satisfaction in the assessment order. Following the Supreme Court’s ruling, both pnalties were cancelled.
Smt. Pavithra Sugichandran Vs Office of the DCIT (Madras High Court) The Madras High Court considered six writ petitions challenging assessment orders for Assessment Years (AYs) 2015-16 to 2020-21. The petitioner’s husband, a director of Gateway Office Parks Limited (GOPL), faced allegations of siphoning company funds, leading to a search and seizure operation. Materials allegedly […]
ITAT Ahmedabad held that the CIT(A) erred in deleting additions solely on the ground of absence of incriminating material without examining the evidence on merits. The Tribunal remanded the matter for fresh adjudication after verification of the assessee’s claims.
