Five High Courts criticize the CBDT’s habit of last-minute ITR deadline extensions, citing administrative chaos, mental stress, and need for proactive tax governance reform.
The 2024 Buckeye Trust ITAT case exposed the risks of unverified AI use in law. Learn how fabricated citations and blended authorities led to an order’s withdrawal and a global warning on legal verification protocols.
ITATs confirm CSR donations to 80G-approved bodies are deductible, asserting that the bar under Section 37(1) doesn’t override Section 80G or Section 35. PCIT revisions quashed.
Section 270A penalties must specify the exact misreporting clause. Vague notices invalidate penalties and can restore immunity under Section 270AA.
New Ind AS 1 rules (2025) mandate current/non-current liability classification based strictly on rights at the reporting date, ignoring post-period waivers.
Summarizing GST proceedings after a proprietor’s death. Legal heirs’ liability is limited to the estate unless they continue the business, making notices to the deceased void.
Judicial rulings confirm interior decoration expenses like modular kitchens and wardrobes are eligible for tax exemption under Sections 54 & 54F if they ensure the house is habitable.
Supreme Court refines tests to identify real employer–employee relationships, impacting income tax TDS, GST liability, and manpower supply compliance.
