https://taxguru.in/income-tax/itat-panaji-quashes-penny-stock-reassessment-borrowed-satisfaction.htmlTaxGuruen2026-08-08T22:12:41+05:30ITAT Panaji Quashes Penny-Stock Reassessment for Borrowed Satisfaction https://taxguru.in/rbi/rbi-dollar-rupee-forex-swap-scheme-golden-opportunity-hidden-risk-ecb-borrowers.htmlTaxGuruen2026-08-08T21:48:03+05:30RBI Dollar-Rupee Forex Swap Scheme: A Golden Opportunity or Hidden Risk for ECB Borrowers https://taxguru.in/goods-and-service-tax/hc-quashes-gst-case-against-director-company-not-accused.htmlTaxGuruen2026-08-08T21:39:48+05:30P&H HC Quashes GST Case Against Director, Company Not Made Accused https://taxguru.in/goods-and-service-tax/telangana-hc-restores-gst-appeal-filed-court-granted-45-day-period.htmlTaxGuruen2026-08-08T21:20:02+05:30Telangana HC Restores GST Appeal Filed Within Court-Granted 45-Day Period https://taxguru.in/income-tax/pune-itat-gratuity-allowable-section-43b-paid-itr-due-date-tax-audit-error-verifiable.htmlTaxGuruen2026-08-08T18:16:21+05:30No Section 43B Gratuity disallowance If Paid Before ITR Due Date: Pune ITAT https://taxguru.in/income-tax/pune-itat-remands-rs-32-61-lakh-online-gaming-loss-addition-verification.htmlTaxGuruen2026-08-08T18:05:39+05:30ITAT Pune Remands ₹32.61 Lakh Online Gaming Addition for Verification https://taxguru.in/income-tax/panaji-itat-section-80g-deduction-csr-donations-csr-spend-remains-donation.htmlTaxGuruen2026-08-08T17:54:28+05:30ITAT Panaji Allows ₹2.09 Cr Section 80G Deduction for CSR Donations https://taxguru.in/income-tax/panaji-itat-restores-rs-6-82-crore-additions-fresh-adjudication-evidence-cannot.htmlTaxGuruen2026-08-08T17:20:31+05:30ITAT Panaji Remands ₹6.82 Cr Sales Suppression & Section 68 Additions for Fresh Review https://taxguru.in/income-tax/panaji-itat-deletes-rs-20-34-crore-tp-adjustment-tpo-cannot-abandon-accepted-cup-tnmm.htmlTaxGuruen2026-08-08T16:45:38+05:30ITAT Panaji Deletes ₹20.34 Cr TP Adjustment, Upholds CUP Over TNMM https://taxguru.in/income-tax/income-tax-act-2025-section-396-brings-clarity-tds-cross-utilization.htmlTaxGuruen2026-08-08T16:32:49+05:30Income-tax Act 2025: Section 396 Brings Clarity to TDS Cross-Utilization https://taxguru.in/income-tax/panaji-itat-quashes-rs-17-95-crore-reassessment-time-barred-section-148-notice-meet-surviving-period.htmlTaxGuruen2026-08-08T15:05:02+05:30ITAT Panaji: ₹17.95 Cr Reassessment Quashed as Section 148 Notice Time-Barred https://taxguru.in/corporate-law/madras-hc-deplores-defiance-court-orders-issues-contempt-notice-ias-officers.htmlTaxGuruen2026-08-08T13:05:22+05:30Madras HC Issues Contempt Notice to IAS Officers for Court Order Defiance https://taxguru.in/income-tax/delhi-itat-no-section-153a-addition-without-incriminating-search-material-abhisar-buildwell-applies.htmlTaxGuruen2026-08-08T12:30:04+05:30Delhi ITAT: No Section 153A Addition Without Incriminating Search Material https://taxguru.in/income-tax/delhi-itat-rs-1-44-cr-reassessment-quashed-pr-ccit-approval-required-3-years.htmlTaxGuruen2026-08-08T12:18:06+05:30Delhi ITAT Quashes ₹1.44 Cr Reassessment: Pr. CCIT Approval Required Beyond 3 Years https://taxguru.in/corporate-law/failure-inform-detenue-represent-renders-preventive-detention-illegal-sc.htmlTaxGuruen2026-08-08T12:14:17+05:30Failure To Inform Detenue Of His Right To Represent Renders Preventive Detention Illegal: SC https://taxguru.in/income-tax/delhi-itat-12ab-80g-renewal-valid-without-irrevocability-clause-similar-charity-transfer-sufficient.htmlTaxGuruen2026-08-08T12:00:02+05:30Delhi ITAT: No Express Irrevocability Clause Cannot Deny 12AB/80G Renewal https://taxguru.in/goods-and-service-tax/incremental-gst-reimbursement-lies-against-employer-not-state-karnataka-hc.htmlTaxGuruen2026-08-08T11:56:50+05:30Incremental GST Reimbursement Lies Against Employer, Not State: Karnataka HC https://taxguru.in/income-tax/delhi-itat-12ab-80g-cannot-denied-no-irrevocability-clause.htmlTaxGuruen2026-08-08T11:45:21+05:30Delhi ITAT: 12AB/80G Registration Cannot Be Denied for No Irrevocability Clause https://taxguru.in/income-tax/delhi-itat-rs-93-cr-foreign-share-capital-section-263-quashed-no-deeper-enquiry.htmlTaxGuruen2026-08-08T11:30:35+05:30Delhi ITAT Quashes ₹93 Cr Section 263 Revision: PCIT Cannot Demand Deeper Enquiry https://taxguru.in/goods-and-service-tax/intimation-igst-itc-reversal-taxpayer-forced-claim-credit-reversal.htmlTaxGuruen2026-08-08T11:23:53+05:30Intimation for IGST ITC Reversal: Can Taxpayer Be Forced to Claim Credit for Reversal? https://taxguru.in/income-tax/delhi-itat-rs-1-88-cr-bogus-purchase-reopening-4-years-invalid.htmlTaxGuruen2026-08-08T11:21:57+05:30Delhi ITAT Quashes ₹1.88 Cr Reassessment: Purchases Already Examined, No Failure to Disclose https://taxguru.in/rbi/rbi-excludes-eligible-fcnr-nre-advances-anbc.htmlTaxGuruen2026-08-08T11:19:02+05:30RBI Excludes Eligible FCNR(B)/NRE Advances from ANBC https://taxguru.in/goods-and-service-tax/hc-section-74-gst-order-set-fresh-hearing-issues-open.htmlTaxGuruen2026-08-08T11:18:35+05:30P&H HC: Section 74 GST Order Set Aside for Fresh Hearing; All Issues Kept Open https://taxguru.in/income-tax/delhi-itat-hindu-activities-cannot-deny-12ab-80g-5-percent-religious-spend-allowed.htmlTaxGuruen2026-08-08T11:11:18+05:30Delhi ITAT: Religious HIndu Activities Alone Cannot Deny 12AB/80G Approval https://taxguru.in/income-tax/delhi-itat-section-263-cannot-apply-view-rs-5-66-cr-section-54-claim-upheld.htmlTaxGuruen2026-08-08T10:58:09+05:30Delhi ITAT Quashes Section 263 Revision: PCIT Cannot Substitute His View for AO’s https://taxguru.in/income-tax/form-145-146-replace-15ca-15cb-foreign-remittance-compliance-framework.htmlTaxGuruen2026-08-08T10:56:31+05:30Form 145 & 146 Replace 15CA & 15CB: New Foreign Remittance Compliance Framework https://taxguru.in/income-tax/delhi-itat-quashes-reassessment-absence-section-143-2-notice.htmlTaxGuruen2026-08-08T10:47:19+05:30Delhi ITAT Quashes Reassessment: No 143(2) Notice, No Valid Assessment https://taxguru.in/income-tax/delhi-itat-quashes-rs-12-62-cr-addition-section-153c-time-barred.htmlTaxGuruen2026-08-08T10:30:42+05:30Delhi ITAT Quashes ₹12.62 Cr Additions: 153C Six-Year Limit Ran From Material Handover https://taxguru.in/income-tax/executing-jda-doesnt-constitute-transfer-trigger-capital-gains-itat-kolkata.htmlTaxGuruen2026-08-07T21:45:42+05:30Executing JDA Alone Doesn’t Constitute Transfer or Trigger Capital Gains: ITAT Kolkata https://taxguru.in/service-tax/coal-beneficiation-not-taxable-business-auxiliary-service-2007-cestat-delhi.htmlTaxGuruen2026-08-07T21:42:58+05:30Coal Beneficiation Not Taxable as Business Auxiliary Service Before 2007: CESTAT Delhi https://taxguru.in/goods-and-service-tax/burden-prove-no-negligence-lies-director-kvat-act-kerala-hc.htmlTaxGuruen2026-08-07T21:40:55+05:30Burden to Prove No Negligence Lies on Director Under KVAT Act: Kerala HC https://taxguru.in/income-tax/kerala-hc-sets-itat-order-anonymous-donations-orders-fresh-review.htmlTaxGuruen2026-08-07T21:39:22+05:30Kerala HC Sets Aside ITAT Order on Anonymous Donations, Orders Fresh Review https://taxguru.in/goods-and-service-tax/alternative-remedy-no-bar-assessment-allegedly-void-kerala-hc.htmlTaxGuruen2026-08-07T21:38:44+05:30Alternative Remedy No Bar Where Assessment Is Allegedly Void: Kerala HC https://taxguru.in/corporate-law/hc-enhances-mact-compensation-relying-years-income-tax-returns.htmlTaxGuruen2026-08-07T21:34:56+05:30HC Enhances MACT Compensation by Relying on Three Years’ Income Tax Returns https://taxguru.in/goods-and-service-tax/arbitral-award-gst-reimbursement-unsustainable-road-contract-allahabad-hc.htmlTaxGuruen2026-08-07T21:29:57+05:30Arbitral Award on GST Reimbursement Unsustainable in Road Contract: Allahabad HC https://taxguru.in/income-tax/itat-delhi-multiple-tax-claims-hcl-tech-remands-verification-section-10a-deduction.htmlTaxGuruen2026-08-07T21:28:58+05:30ITAT Delhi Allows Multiple Tax Claims of HCL Tech, Remands Verification of Section 10A Deduction https://taxguru.in/income-tax/sc-dismisses-slp-withdrawn-bombay-hc-ruling-denying-section-37-deduction-redemption-fine-stands.htmlTaxGuruen2026-08-07T21:26:03+05:30SC Dismisses SLP as Withdrawn; Bombay HC Ruling Denying Section 37 Deduction for Redemption Fine Stands https://taxguru.in/income-tax/bombay-hc-disallows-section-153a-additions-based-regular-books-without-search-material.htmlTaxGuruen2026-08-07T21:23:32+05:30Bombay HC Disallows Section 153A Additions Based on Regular Books Without Search Material https://taxguru.in/income-tax/amp-expenditure-not-international-transaction-transfer-pricing-itat-delhi.htmlTaxGuruen2026-08-07T21:16:01+05:30AMP Expenditure Not an International Transaction Under Transfer Pricing: ITAT Delhi https://taxguru.in/income-tax/trade-promotion-body-qualifies-charitable-institution-section-12aa-registration-gujarat-hc.htmlTaxGuruen2026-08-07T21:14:41+05:30Trade Promotion Body Qualifies as Charitable Institution for Section 12AA Registration: Gujarat HC https://taxguru.in/income-tax/mere-delay-tax-payment-not-attract-section-276c-2-prosecution-bombay-hc.htmlTaxGuruen2026-08-07T21:09:37+05:30Mere Delay in Tax Payment Does Not Attract Section 276C(2) Prosecution: Bombay HC https://taxguru.in/income-tax/trustees-shareholding-doesnt-attract-deemed-dividend-public-trust-gujarat-hc.htmlTaxGuruen2026-08-07T21:08:34+05:30Trustee’s Shareholding Doesn’t Attract Deemed Dividend for Public Trust: Gujarat HC https://taxguru.in/income-tax/gujarat-hc-quashes-section-143-3-assessment-granting-days-reply.htmlTaxGuruen2026-08-07T21:02:12+05:30Gujarat HC Quashes Section 143(3) Assessment for Granting Only Three Days to Reply https://taxguru.in/income-tax/bhagavad-gita-teachings-not-religious-propagation-80g-approval-allowed-itat-chandigarh.htmlTaxGuruen2026-08-07T21:00:17+05:30Bhagavad Gita Teachings Not Religious Propagation, 80G Approval Allowed: ITAT Chandigarh https://taxguru.in/income-tax/bangalore-itat-excludes-infosys-infotech-persistent-tp-comparables.htmlTaxGuruen2026-08-07T20:51:09+05:30Bangalore ITAT Excludes Infosys, L&T Infotech, Persistent from TP Comparables https://taxguru.in/income-tax/excludes-high-turnover-comparables-software-development-tp-case-itat-bangalore.htmlTaxGuruen2026-08-07T20:50:12+05:30Excludes High-Turnover Comparables in Software Development TP Case: ITAT Bangalore https://taxguru.in/company-law/companies-act-section-16-1-cannot-invoked-unreasonable-delay-madras-hc.htmlTaxGuruen2026-08-07T20:44:31+05:30Companies Act Section 16(1)(a) Cannot Be Invoked After Unreasonable Delay: Madras HC https://taxguru.in/company-law/nclat-admits-appeal-against-section-244-waiver-imppa-members.htmlTaxGuruen2026-08-07T20:32:20+05:30NCLAT Admits Appeal Against Section 244 Waiver for IMPPA Members https://taxguru.in/goods-and-service-tax/blank-verification-report-cannot-justify-gst-registration-cancellation-karnataka-hc.htmlTaxGuruen2026-08-07T20:31:00+05:30Blank Verification Report Cannot Justify GST Registration Cancellation: Karnataka HC https://taxguru.in/goods-and-service-tax/time-spent-gst-rectification-excludible-appeal-limitation-gauhati-hc.htmlTaxGuruen2026-08-07T20:26:57+05:30Time Spent in GST Rectification Excludible for Appeal Limitation: Gauhati HC https://taxguru.in/goods-and-service-tax/operationalizing-cbic-instruction-no-01-2026-gst-roadmap-jammu-kashmir-curb-mining-sector-evasion.htmlTaxGuruen2026-08-07T20:21:46+05:30CBIC’s New GST-Mining Coordination Framework: Roadmap for J&K https://taxguru.in/rbi/safema-tribunal-ed-cannot-attach-bona-fide-buyers-accounted-plots-developers-fraud.htmlTaxGuruen2026-08-07T20:00:41+05:30ED Cannot Attach Bona Fide Buyers’ Accounted Plots for Developer’s Fraud: SAFEMA https://taxguru.in/income-tax/lucknow-itat-section-68-addition-estimated-profit-not-justified-demonetisation-sales-spike.htmlTaxGuruen2026-08-07T20:00:07+05:30Section 68 Addition Not Justified by Demonetisation Sales Spike Alone: Lucknow ITAT https://taxguru.in/income-tax/chandigarh-itat-cash-deposits-cannot-taxed-reflected-pans-ao-directed-verify-invoking-section-69a.htmlTaxGuruen2026-08-07T19:40:29+05:30Same Cash Deposits Cannot Be Taxed Twice Under Different PANs: ITAT Chandigarh https://taxguru.in/goods-and-service-tax/import-services-gst-rcm-place-supply-rules.htmlTaxGuruen2026-08-07T19:38:16+05:30Import of Services under GST: RCM and Place of Supply Rules https://taxguru.in/income-tax/chandigarh-itat-upholds-section-263-revision-aos-dropped-bogus-purchase-addition-without-enquiry.htmlTaxGuruen2026-08-07T19:30:36+05:30Section 263 Valid Where AO Dropped Bogus Purchase Addition Without Enquiry: ITAT Chandigarh https://taxguru.in/corporate-law/alternate-remedy-article-226-rule-prudence-not-absolute-bar.htmlTaxGuruen2026-08-07T19:24:45+05:30Alternate Remedy Under Article 226 Is a Rule of Prudence, Not an Absolute Bar https://taxguru.in/sebi/sebi-streamlines-market-intermediary-inspections-risk-based-framework.htmlTaxGuruen2026-08-07T19:04:41+05:30SEBI Streamlines Market Intermediary Inspections With Risk-Based Framework https://taxguru.in/corporate-law/irdai-mandates-monthly-isp-data-submission-insurers-july-2026.htmlTaxGuruen2026-08-07T19:04:06+05:30IRDAI Mandates Monthly ISP Data Submission by Insurers From July 2026 https://taxguru.in/company-law/roc-imposes-rs-5-000-penalty-incomplete-board-meeting-disclosure-mgt-7a.htmlTaxGuruen2026-08-07T18:55:26+05:30ROC Imposes ₹5,000 Penalty for Incomplete Board Meeting Disclosure in MGT-7A https://taxguru.in/dgft/dgft-shifts-epm-interest-subvention-implementation-rbi-exim-bank.htmlTaxGuruen2026-08-07T18:53:50+05:30DGFT Shifts EPM Interest Subvention Implementation from RBI to EXIM Bank https://taxguru.in/corporate-law/digital-transformation-indian-judiciary.htmlTaxGuruen2026-08-07T18:53:22+05:30Digital Transformation of Indian Judiciary https://taxguru.in/dgft/dgft-extends-india-uk-ceta-trq-application-deadline-9-august-2026.htmlTaxGuruen2026-08-07T18:47:26+05:30DGFT Extends India–UK CETA TRQ Application Deadline to 9 August 2026 https://taxguru.in/income-tax/delhi-itat-0-5-percent-commission-taxable-not-entire-bogus-purchases-sales-amount.htmlTaxGuruen2026-08-07T18:45:57+05:30Only Commission Income Taxable on Bogus Purchases; Entire Turnover Cannot Be Added: ITAT Delhi https://taxguru.in/corporate-law/limitation-act-section-18-extends-limitation-acknowledged-debt-sc.htmlTaxGuruen2026-08-07T18:44:58+05:30Limitation Act Section 18 Extends Limitation Only for Acknowledged Debt: SC https://taxguru.in/corporate-law/sc-denies-specific-performance-buyer-failed-prove-readiness-willingness.htmlTaxGuruen2026-08-07T18:44:09+05:30SC Denies Specific Performance as Buyer Failed to Prove Readiness and Willingness https://taxguru.in/income-tax/deleted-disallowances-granted-sections-11-12-exemption-charitable-trust-itat.htmlTaxGuruen2026-08-07T18:39:16+05:30Interest-Free Loans to Charitable Trusts Do Not Deny Sections 11 & 12 Exemption: ITAT Delhi https://taxguru.in/income-tax/delhi-itat-section-148-notice-pendency-earlier-reassessment-invalid-reassessment-quashed.htmlTaxGuruen2026-08-07T18:22:01+05:30Second Section 148 Notice During Pendency of Earlier Reassessment Is Invalid: Delhi ITAT https://taxguru.in/income-tax/delhi-hc-quashes-section-153c-proceedings-seized-documents-not-belong-assessee.htmlTaxGuruen2026-08-07T18:21:10+05:30Delhi HC Quashes Section 153C Proceedings as Seized Documents Did Not Belong to Assessee https://taxguru.in/income-tax/hc-condones-delay-section-119-2-carry-capital-loss.htmlTaxGuruen2026-08-07T18:15:45+05:30HC Condones Delay Under Section 119(2)(b), Allows Carry Forward of Capital Loss https://taxguru.in/income-tax/quashed-reassessment-sections-147-143-3-deleted-section-69a-addition-itat.htmlTaxGuruen2026-08-07T18:15:20+05:30Reassessment on Borrowed Satisfaction Invalid; Section 153C Must Apply: ITAT Ahmedabad https://taxguru.in/income-tax/covid-19-hardship-justifies-delay-condonation-section-119-2-gujarat-hc.htmlTaxGuruen2026-08-07T18:14:33+05:30COVID-19 Hardship Justifies Delay Condonation Under Section 119(2)(b): Gujarat HC https://taxguru.in/income-tax/bombay-hc-quashes-assessment-failure-issue-section-144c-draft-order.htmlTaxGuruen2026-08-07T18:11:39+05:30Bombay HC Quashes Assessment for Failure to Issue Section 144C Draft Order https://taxguru.in/income-tax/set-rejection-section-12a-registration-remanded-fresh-examination-itat.htmlTaxGuruen2026-08-07T17:54:23+05:30Section 12AB Registration Cannot Be Denied Without Proper Verification: ITAT Chandigarh https://taxguru.in/income-tax/mumbai-itat-deletes-rs-36-36-lakh-protective-addition-seized-gold-jewellery.htmlTaxGuruen2026-08-07T17:49:35+05:30Mere Possession Cannot Prove Ownership of Seized Gold Jewellery: Mumbai ITAT https://taxguru.in/chartered-accountant/icai-reprimands-ca-issuing-certificate-without-verifying-books-account.htmlTaxGuruen2026-08-07T17:48:07+05:30ICAI Reprimands CA for Issuing Certificate Without Verifying Books of Account https://taxguru.in/corporate-law/sc-cancels-pmla-bail-high-court-section-45-twin-conditions.htmlTaxGuruen2026-08-07T17:40:32+05:30SC Cancels PMLA Bail as High Court Ignored Section 45 Twin Conditions https://taxguru.in/corporate-law/hc-upholds-secured-creditors-priority-government-dues-sarfaesi.htmlTaxGuruen2026-08-07T17:37:46+05:30HC Upholds Secured Creditor’s Priority Over Government Dues Under SARFAESI https://taxguru.in/service-tax/leasing-tech-park-premises-taxable-renting-not-business-support-cestat-bangalore.htmlTaxGuruen2026-08-07T17:33:23+05:30Leasing of Tech Park Premises Taxable as Renting, Not Business Support: CESTAT Bangalore https://taxguru.in/income-tax/ahmedabad-itat-ao-cannot-recompute-pocm-profits-without-rejecting-books.htmlTaxGuruen2026-08-07T17:32:33+05:30AO Cannot Recompute POCM Profits Without Rejecting Books: Ahmedabad ITAT https://taxguru.in/company-law/nclat-upholds-companies-act-section-213-investigation-based-prima-facie-material.htmlTaxGuruen2026-08-07T17:30:16+05:30NCLAT Upholds Companies Act Section 213 Investigation Based on Prima Facie Material https://taxguru.in/company-law/nclat-upholds-rejection-section-213-petition-dispute-recovery-dues.htmlTaxGuruen2026-08-07T17:27:56+05:30NCLAT Upholds Rejection of Section 213 Petition as Dispute Was for Recovery of Dues https://taxguru.in/goods-and-service-tax/delhi-hc-sets-gst-demand-orders-passed-without-taxpayers-reply.htmlTaxGuruen2026-08-07T17:26:56+05:30Delhi HC Sets Aside GST Demand Orders Passed Without Considering Taxpayer’s Reply https://taxguru.in/service-tax/cestat-vces-declaration-rejection-year-limitation.htmlTaxGuruen2026-08-07T17:25:35+05:30CESTAT Allows VCES Declaration as Rejection Was Beyond One-Year Limitation https://taxguru.in/custom-duty/bluetooth-headsets-classifiable-cth-85176290-not-85183000-cestat-chennai.htmlTaxGuruen2026-08-07T17:23:42+05:30Bluetooth Headsets Classifiable Under CTH 85176290, Not 85183000: CESTAT Chennai https://taxguru.in/goods-and-service-tax/gujarat-hc-quashes-gst-detention-section-129-3-order-time-barred.htmlTaxGuruen2026-08-07T17:21:57+05:30Gujarat HC Quashes GST Detention as Section 129(3) Order Was Time-Barred https://taxguru.in/corporate-law/sc-upholds-pmla-prosecution-holds-money-laundering-continuing-offence.htmlTaxGuruen2026-08-07T17:20:12+05:30SC Upholds PMLA Prosecution, Holds Money Laundering Is a Continuing Offence https://taxguru.in/corporate-law/sc-grants-bail-pmla-due-prolonged-incarceration-trial-delay.htmlTaxGuruen2026-08-07T17:18:48+05:30SC Grants Bail Under PMLA Due to Prolonged Incarceration and Trial Delay https://taxguru.in/corporate-law/hc-banks-priority-government-dues-sarfaesi-rdb-act.htmlTaxGuruen2026-08-07T17:16:36+05:30Banks Have Priority Over Tax Dues Under SARFAESI & RDB Act: Andhra Pradesh HC https://taxguru.in/income-tax/ahmedabad-itat-reassessment-passed-limitation-section-153-void-entire-addition-fails-assessment-time-barred.htmlTaxGuruen2026-08-07T17:16:04+05:30Time-Barred Reassessment Under Section 153 Invalid, Entire Addition Fails: ITAT Ahmedabad https://taxguru.in/income-tax/ahmedabad-itat-demonetisation-cash-deposits-not-unexplained-due-pre-8-nov-2016-sales-increase.htmlTaxGuruen2026-08-07T17:09:06+05:30Demonetisation Cash Deposits Not Unexplained if Backed by Regular Cash Sales Ahmedabad ITAT https://taxguru.in/rbi/rbi-issues-draft-nbfc-credit-facility-amendment-restricting-revolving-credit-products.htmlTaxGuruen2026-08-07T16:53:42+05:30RBI Issues Draft NBFC Credit Facility Amendment Restricting Revolving Credit Products https://taxguru.in/income-tax/itat-condones-delay-section-270a-penalty-appeal.htmlTaxGuruen2026-08-07T16:52:47+05:30ITAT Condones Delay in Section 270A Penalty Appeal, Orders Joint Hearing With Quantum Appeal https://taxguru.in/rbi/rbi-issues-draft-rcb-concentration-risk-credit-facility-directions-public-comments.htmlTaxGuruen2026-08-07T16:50:42+05:30RBI Issues Draft RCB Concentration Risk & Credit Facility Directions for Comments https://taxguru.in/income-tax/cbdt-approves-ciirc-scientific-research-section-45-3.htmlTaxGuruen2026-08-07T16:47:13+05:30CBDT Approves CIIRC for Scientific Research Under Section 45(3)(b) https://taxguru.in/income-tax/bangalore-itat-entire-bank-credits-cannot-taxed-unexplained-income-profit-element-taxable-transactions-represent-business-turnover.htmlTaxGuruen2026-08-07T16:46:16+05:30Only Profit on Business Bank Deposits Taxable, Not Entire Credits: ITAT Bangalore https://taxguru.in/goods-and-service-tax/cbic-directs-gst-coordination-state-mining-authorities-curb-gst-evasion.htmlTaxGuruen2026-08-07T16:45:08+05:30CBIC Directs GST Coordination with State Mining Authorities to Curb GST Evasion https://taxguru.in/income-tax/jaipur-itat-private-specific-trust-sole-determinate-beneficiary-individual-slab-rates.htmlTaxGuruen2026-08-07T16:38:25+05:30Private Specific Trust with Sole Beneficiary Entitled to Individual Slab Rates: Jaipur ITAT https://taxguru.in/income-tax/jaipur-itat-section-43ca-inapplicable-agreement-sell-pre-dated-introduction.htmlTaxGuruen2026-08-07T16:30:37+05:30Section 43CA Inapplicable to Pre-Enactment Sale Agreements: Jaipur ITAT https://taxguru.in/service-tax/supreme-court-pre-1-june-2007-indivisible-turnkey-contracts-not-liable-service-tax-installation-commissioning.htmlTaxGuruen2026-08-07T16:05:10+05:30No Service Tax on Indivisible Turnkey Contracts Before 1 June 2007: SC https://taxguru.in/corporate-law/supreme-court-leaves-open-buyers-invoke-arbitration-against-msme-msmed-act.htmlTaxGuruen2026-08-07T15:45:47+05:30SC Leaves Open Buyer’s Right to Invoke Arbitration Outside MSMED Act https://taxguru.in/service-tax/cestat-mumbai-sets-service-tax-demand-legal-services-rcm.htmlTaxGuruen2026-08-07T15:42:58+05:30CESTAT Mumbai Sets Aside Service Tax Demand on Legal Services Under RCM https://taxguru.in/goods-and-service-tax/gst-limitation-guide-section-73-74-74a-timelines-scns-orders-record-retention.htmlTaxGuruen2026-08-07T15:30:50+05:30GST Limitation Guide: Section 73, 74 & 74A Timelines for SCNs, Orders & Record Retention https://taxguru.in/corporate-law/supreme-court-non-signatory-shareholder-referred-arbitration-veritable-party.htmlTaxGuruen2026-08-07T15:30:44+05:30Non-Signatory Can Be Referred to Arbitration as a Veritable Party: SC https://taxguru.in/income-tax/upi-transactions-charged-government-clarifies-lok-sabha-passes-bill.htmlTaxGuruen2026-08-07T15:18:34+05:30Will UPI Transactions Be Charged? Government Clarifies After Lok Sabha Passes Bill https://taxguru.in/corporate-law/supreme-court-washed-off-theory-not-apply-compulsory-retirement.htmlTaxGuruen2026-08-07T14:50:15+05:30Washed-Off Theory Inapplicable to Compulsory Retirement: SC https://taxguru.in/excise-duty/supreme-court-kitting-imported-modules-not-manufacture-no-excise-duty-leviable.htmlTaxGuruen2026-08-07T14:10:46+05:30Kitting of Imported Modules Is Not Manufacture; No Excise Duty Leviable: SC https://taxguru.in/rbi/rbi-issues-comprehensive-commercial-bank-recovery-agent-loan-recovery-conduct-directions-january-2027.htmlTaxGuruen2026-08-07T13:00:06+05:30RBI Issues Comprehensive Commercial Bank Recovery Agent and Loan Recovery Conduct Directions from January 2027 https://taxguru.in/rbi/rbi-issues-comprehensive-sfb-recovery-agent-loan-recovery-conduct-directions-january-2027.htmlTaxGuruen2026-08-07T12:59:06+05:30RBI Issues Comprehensive SFB Recovery Agent and Loan Recovery Conduct Directions from January 2027 https://taxguru.in/rbi/rbi-issues-comprehensive-lab-recovery-agent-loan-recovery-conduct-directions-january-2027.htmlTaxGuruen2026-08-07T12:58:06+05:30RBI Issues Comprehensive LAB Recovery Agent and Loan Recovery Conduct Directions from January 2027 https://taxguru.in/rbi/rbi-issues-comprehensive-rrb-recovery-agent-loan-recovery-conduct-directions-january-2027.htmlTaxGuruen2026-08-07T12:57:07+05:30RBI Issues Comprehensive RRB Recovery Agent and Loan Recovery Conduct Directions from January 2027 https://taxguru.in/rbi/rbi-issues-comprehensive-ucb-recovery-agent-loan-recovery-conduct-directions-january-2027.htmlTaxGuruen2026-08-07T12:56:11+05:30RBI Issues Comprehensive UCB Recovery Agent and Loan Recovery Conduct Directions from January 2027 https://taxguru.in/rbi/rbi-issues-comprehensive-rcb-recovery-agent-loan-recovery-conduct-directions-january-2027.htmlTaxGuruen2026-08-07T12:55:29+05:30RBI Issues Comprehensive RCB Recovery Agent and Loan Recovery Conduct Directions from January 2027 https://taxguru.in/rbi/rbi-issues-comprehensive-aifi-recovery-agent-loan-recovery-conduct-directions-january-2027.htmlTaxGuruen2026-08-07T12:54:45+05:30RBI Issues Comprehensive AIFI Recovery Agent and Loan Recovery Conduct Directions from January 2027 https://taxguru.in/income-tax/mumbai-itat-cam-electricity-water-charges-rent-section-194.htmlTaxGuruen2026-08-07T12:45:15+05:30CAM, Electricity and Water Charges Are Rent Under Section 194-I: Mumbai ITAT https://taxguru.in/income-tax/itat-varanasi-remands-agricultural-land-taxability-section-2-14.htmlTaxGuruen2026-08-07T12:32:27+05:30ITAT Varanasi Remands Agricultural Land Taxability Under Section 2(14) https://taxguru.in/income-tax/mumbai-itat-ltcg-exemption-greencrest-shares-allowed-investigation-report-insufficient.htmlTaxGuruen2026-08-07T12:30:13+05:30Mumbai ITAT: LTCG Exemption on Greencrest Shares Allowed; Investigation Report Alone Insufficient https://taxguru.in/dgft/dgft-includes-dpiit-recognized-start-ups-source-india-trade-connect.htmlTaxGuruen2026-08-07T12:21:18+05:30DGFT Includes DPIIT-Recognized Start-ups Under Source from India on Trade Connect https://taxguru.in/corporate-law/irdai-approves-multiple-insurance-regulations-amendments-137th-authority-meeting.htmlTaxGuruen2026-08-07T12:20:29+05:30IRDAI Approves Multiple Insurance Regulations & Amendments at 137th Authority Meeting https://taxguru.in/corporate-law/ibbi-cancels-insolvency-professionals-registration-cirp-ibc-code-violations.htmlTaxGuruen2026-08-07T12:09:20+05:30IBBI Cancels Insolvency Professional’s Registration for CIRP and IBC Code Violations https://taxguru.in/finance/ifsca-recognises-icai-certification-capital-market-intermediaries-cmi-regulations.htmlTaxGuruen2026-08-07T12:06:27+05:30IFSCA Recognises ICAI Certification Course for Capital Market Intermediaries Under CMI Regulations https://taxguru.in/income-tax/mumbai-itat-exempt-dividend-cannot-taxed-due-wrong-itr-schedule-reporting.htmlTaxGuruen2026-08-07T12:05:50+05:30Exempt Dividend Cannot Be Taxed Due to Wrong ITR Schedule Reporting: Mumbai ITAT https://taxguru.in/custom-duty/cbic-issues-sop-customs-clearance-imports-foreign-post-offices.htmlTaxGuruen2026-08-07T12:02:36+05:30CBIC issues SOP for Customs Clearance of Imports through Foreign Post Offices https://taxguru.in/chartered-accountant/eoi-appointment-internal-auditors-icai-units.htmlTaxGuruen2026-08-07T11:58:48+05:30EOI for Appointment of Internal Auditors for ICAI Units – FY 2026–27 https://taxguru.in/rbi/rbi-issues-comprehensive-nbfc-recovery-agent-loan-recovery-conduct-directions-january-2027.htmlTaxGuruen2026-08-07T11:58:06+05:30RBI Issues Comprehensive NBFC Recovery Agent and Loan Recovery Conduct Directions from January 2027 https://taxguru.in/income-tax/mumbai-itat-year-loan-repayment-not-establish-genuineness-section-68.htmlTaxGuruen2026-08-07T11:51:09+05:30Mere Same-Year Loan Repayment Does Not Establish Genuineness: ITAT Mumbai https://taxguru.in/goods-and-service-tax/gst-section-67-pamphlet-style-demands-wake-call-bonafide-buyers.htmlTaxGuruen2026-08-07T11:45:32+05:30GST Section 67 ‘Pamphlet-Style’ Demands: Wake-Up Call for Bonafide Buyers https://taxguru.in/rbi/rbi-amends-hfc-directions-align-recovery-agent-rules-nbfc-responsible-business-conduct-directions.htmlTaxGuruen2026-08-07T11:43:53+05:30RBI Amends HFC Directions to Align Recovery Agent Rules with NBFC Responsible Business Conduct Directions https://taxguru.in/income-tax/delhi-itat-12ab-80g-rejection-set-failure-examine-objects-genuineness.htmlTaxGuruen2026-08-07T11:41:28+05:30Delhi ITAT: U/s 12AB & 80G Rejection Set Aside for Failure to Examine Objects and Genuineness https://taxguru.in/corporate-law/bombay-hc-sentences-tarun-tejpal-10-years-jail-fine-rs-10-lakh-2013-rape-case.htmlTaxGuruen2026-08-07T11:37:10+05:30Bombay HC Sentences Tarun Tejpal to 10 Years in 2013 Rape Case https://taxguru.in/income-tax/delhi-itat-section-271b-penalty-cannot-survive-due-court-monitored-management-disputes.htmlTaxGuruen2026-08-07T11:27:43+05:30No Section 271B Penalty if Tax Audit Delay Was Due to Court-Monitored Management Disputes: ITAT Delhi https://taxguru.in/income-tax/delhi-itat-no-characterisation-charitable-status-without-change-objects.htmlTaxGuruen2026-08-07T11:15:06+05:30Delhi ITAT: No Re-Characterisation of Charitable Status Without Change in Objects https://taxguru.in/income-tax/delhi-itat-unpaid-loan-not-taxable-unexplained-money-section-69a.htmlTaxGuruen2026-08-07T11:00:08+05:30ITAT Deletes Section 69A Addition as Genuine Loan Cannot Become Income Due to Non-Repayment https://taxguru.in/income-tax/delhi-itat-no-pe-india-honda-trading-asia-tp-adjustments-collapse.htmlTaxGuruen2026-08-07T10:38:59+05:30No PE in India for Honda Trading Asia; TP Adjustments Infructuous: ITAT Delhi https://taxguru.in/income-tax/section-12ab-registration-cannot-denied-loans-related-parties-delhi-itat.htmlTaxGuruen2026-08-07T07:00:12+05:30Section 12AB Registration Cannot Be Denied Over Loans to Related Parties: Delhi ITAT https://taxguru.in/income-tax/delhi-hc-quashes-section-270a-penalty-itat-sets-assessment-order.htmlTaxGuruen2026-08-07T06:45:11+05:30Delhi HC Quashes Section 270A Penalty After ITAT Sets Aside Assessment Order https://taxguru.in/income-tax/itat-deletes-ncdex-margin-charges-interest-disallowance-estimated-basis.htmlTaxGuruen2026-08-07T06:30:09+05:30ITAT Deletes NCDEX Margin Charges, Interest Disallowance Made on Estimated Basis https://taxguru.in/service-tax/service-tax-dues-deceased-sole-proprietor-not-recoverable-legal-heirs-chhattisgarh-hc.htmlTaxGuruen2026-08-07T06:15:07+05:30Service Tax Dues of Deceased Sole Proprietor Not Recoverable from Legal Heirs: Chhattisgarh HC https://taxguru.in/goods-and-service-tax/orissa-hc-directs-consideration-gst-registration-revocation-payment-dues.htmlTaxGuruen2026-08-07T06:00:06+05:30Orissa HC Directs Consideration of GST Registration Revocation After Payment of Dues https://taxguru.in/company-law/kerala-hc-mere-pleadings-supreme-court-not-determine-applicable-law.htmlTaxGuruen2026-08-07T05:45:04+05:30Kerala HC: Mere Pleadings Before Supreme Court Do Not Determine Applicable Law https://taxguru.in/goods-and-service-tax/rajasthan-hc-declines-gst-writ-appeal-cannot-avoided-challenging-circular.htmlTaxGuruen2026-08-07T05:30:46+05:30Rajasthan HC Declines GST Writ, Says Appeal Cannot Be Avoided by Challenging Circular https://taxguru.in/corporate-law/nclt-rejects-aps-infra-resolution-plan-pufe-recovery-clause-orders-liquidation.htmlTaxGuruen2026-08-07T05:15:42+05:30NCLT Rejects APS Infra Resolution Plan Over PUFE Recovery Clause, Orders Liquidation https://taxguru.in/corporate-law/drt-sarfaesi-proceedings-not-extend-limitation-ibc-nclt-chandigarh.htmlTaxGuruen2026-08-07T05:00:39+05:30DRT and SARFAESI Proceedings Do Not Extend Limitation Under IBC: NCLT Chandigarh https://taxguru.in/corporate-law/nclt-rejects-section-9-plea-due-pre-existing-dispute-service-deficiencies.htmlTaxGuruen2026-08-07T04:45:38+05:30NCLT Rejects Section 9 Plea Due to Pre-Existing Dispute Over Service Deficiencies https://taxguru.in/income-tax/grey-market-purchases-attract-profit-addition-not-full-disallowance-itat-chandigarh.htmlTaxGuruen2026-08-07T04:30:35+05:30Grey Market Purchases Attract Only Profit Addition, Not Full Disallowance: ITAT Chandigarh https://taxguru.in/income-tax/gold-bullion-addition-sustained-assessee-explained-jewellery-not-gold-bars-delhi-hc.htmlTaxGuruen2026-08-07T04:15:34+05:30Gold Bullion Addition Sustained as Assessee Explained Jewellery, Not Gold Bars: Delhi HC https://taxguru.in/corporate-law/karnataka-hc-declines-quash-drt-recovery-notice-loan-recovery.htmlTaxGuruen2026-08-07T04:00:32+05:30Karnataka HC Declines to Quash DRT Recovery Notice for Loan Recovery https://taxguru.in/corporate-law/rental-income-not-part-loss-dependency-mact-claims-karnataka-hc.htmlTaxGuruen2026-08-07T03:45:11+05:30Rental Income Not Part of Loss of Dependency in MACT Claims: Karnataka HC https://taxguru.in/income-tax/appraisal-report-insufficient-section-69-money-addition-ahmedabad-itat.htmlTaxGuruen2026-08-07T03:30:09+05:30Appraisal Report Alone Insufficient for Section 69 On-Money Addition: Ahmedabad ITAT https://taxguru.in/income-tax/itat-kolkata-section-80ie-deduction-belated-filing-form-10ccb.htmlTaxGuruen2026-08-07T03:15:07+05:30ITAT Kolkata Allows Section 80IE Deduction Despite Belated Filing of Form 10CCB https://taxguru.in/corporate-law/calcutta-hc-seeks-details-divorce-settlement-releasing-freedom-fighter-family-pension.htmlTaxGuruen2026-08-07T03:00:06+05:30Calcutta HC Seeks Details of Divorce Settlement Before Releasing Freedom Fighter Family Pension https://taxguru.in/company-law/nclt-stays-directors-removal-pending-share-exit-settlement-agreement.htmlTaxGuruen2026-08-07T02:45:05+05:30NCLT Stays Director’s Removal Pending Share Exit Under Settlement Agreement https://taxguru.in/goods-and-service-tax/himachal-hc-stays-vat-recovery-against-partner-pending-firms-appeal.htmlTaxGuruen2026-08-07T02:30:03+05:30Himachal HC Stays VAT Recovery Against Ex-Partner Pending Firm’s Appeal https://taxguru.in/income-tax/revenue-appeal-not-maintainable-ibc-moratorium-delhi-itat.htmlTaxGuruen2026-08-07T02:15:01+05:30Revenue Appeal Not Maintainable During IBC Moratorium: Delhi ITAT https://taxguru.in/income-tax/section-56-2-viib-addition-fails-share-premium-dcf-based-fmv-delhi-itat.htmlTaxGuruen2026-08-07T02:00:00+05:30Section 56(2)(viib) Addition Fails Where Share Premium Is Below DCF-Based FMV: Delhi ITAT https://taxguru.in/goods-and-service-tax/papad-khar-classifiable-hsn-28362090-attracts-18-percent-gst-gujarat-aar.htmlTaxGuruen2026-08-07T01:45:20+05:30Papad Khar Classifiable Under HSN 28362090, Attracts 18% GST: Gujarat AAR https://taxguru.in/goods-and-service-tax/18-percent-gst-applicable-offset-printing-job-work-paper-aar-gujarat.htmlTaxGuruen2026-08-07T01:30:19+05:3018% GST Applicable on Offset Printing Job Work on Paper: AAR Gujarat https://taxguru.in/goods-and-service-tax/laundry-soap-classifiable-hsn-34011942-attracts-18-percent-gst-gujarat-aar.htmlTaxGuruen2026-08-07T01:15:15+05:30Laundry Soap Classifiable Under HSN 34011942, Attracts 18% GST: Gujarat AAR https://taxguru.in/goods-and-service-tax/ophthalmic-surgical-microscope-classifiable-hsn-9018-eligible-5-percent-gst-aar-gujarat.htmlTaxGuruen2026-08-07T01:00:11+05:30Ophthalmic Surgical Microscope Classifiable Under HSN 9018, Eligible for 5% GST: AAR Gujarat https://taxguru.in/goods-and-service-tax/gstat-orders-anuhar-homes-pass-rs-95-14-lakh-itc-benefit-morning-raaga-homebuyers.htmlTaxGuruen2026-08-07T00:45:48+05:30GSTAT Orders Anuhar Homes to Pass ₹95.14 Lakh ITC Benefit to Morning Raaga Homebuyers https://taxguru.in/goods-and-service-tax/gstat-drops-anti-profiteering-proceedings-against-bengal-peerless-digangana-project.htmlTaxGuruen2026-08-07T00:30:46+05:30GSTAT Drops Anti-Profiteering Proceedings Against Bengal Peerless in Digangana Project https://taxguru.in/goods-and-service-tax/gstat-orders-oxford-realty-refund-rs-40-99-lakh-gst-itc-benefit-godrej-infinity-homebuyers.htmlTaxGuruen2026-08-07T00:15:42+05:30GSTAT Orders Oxford Realty to Refund ₹40.99 Lakh GST ITC Benefit to Godrej Infinity Homebuyers https://taxguru.in/corporate-law/sc-refers-time-barred-debt-recovery-dispute-sfc-act-larger-bench.htmlTaxGuruen2026-08-06T23:59:31+05:30SC Refers Time-Barred Debt Recovery Dispute Under SFC Act to Larger Bench https://taxguru.in/excise-duty/duty-paid-supplementary-invoices-treated-pre-deposit-cestat-kolkata.htmlTaxGuruen2026-08-06T23:30:27+05:30Duty Paid Through Supplementary Invoices Must Be Treated as Pre-Deposit: CESTAT Kolkata https://taxguru.in/income-tax/madras-hc-quashes-reassessment-attempt-department-dropped-earlier-proceedings.htmlTaxGuruen2026-08-06T23:15:24+05:30Madras HC Quashes Third Reassessment Attempt After Department Dropped Earlier Proceedings https://taxguru.in/income-tax/madras-hc-quashes-reassessment-no-addition-recorded-reason-reopening.htmlTaxGuruen2026-08-06T23:00:22+05:30Madras HC Quashes Reassessment Where No Addition Was Made on Recorded Reason for Reopening https://taxguru.in/corporate-law/calcutta-hc-directs-review-17-week-retrospective-tax-penalty-newly-registered-vehicle.htmlTaxGuruen2026-08-06T22:45:14+05:30Calcutta HC Directs Review of 17-Week Retrospective Tax and Penalty on Newly Registered Vehicle https://taxguru.in/income-tax/bombay-hc-assessee-cannot-seek-relief-rs-16-lakh-disallowed-income-computation.htmlTaxGuruen2026-08-06T22:30:49+05:30Bombay HC: Assessee Cannot Seek Relief on ₹16 Lakh Already Disallowed in Income Computation https://taxguru.in/income-tax/itat-mumbai-deletes-rs-1-71-crore-section-68-addition-advance-received-refunded-banking-channels.htmlTaxGuruen2026-08-06T22:15:46+05:30ITAT Mumbai Deletes ₹1.71 Crore Section 68 Addition on Advance Received & Refunded Through Banking Channels