Summary of key regulatory updates in India (Apr 28-May 4, 2025): New ITR forms, GST changes, Customs/DGFT rules, SEBI amendments, IBBI rulings, RBI directives, and SC judgments.
ITAT Ahmedabad partly sets aside PCIT order, rules PCIT cannot issue mandatory direction to add income for accommodation entries under Section 263.
Allahabad High Court rules that only downloading Part A of the e-way bill without completing Part B doesn’t absolve GST liability.
Pune ITAT condonès 191-day delay in tax appeal after assessment order email went to spam; remits case for merits review, citing judicial precedents.
CESTAT Delhi rules standard cinema food/drink sales are taxable as goods, not service, unlike premium Gold Class offerings.
Supreme Court emphasizes bail as the general rule in GST Section 132 offense cases. Criticizes denial of bail in routine matter. Sets aside HC order, grants bail.
Learn about the revised ITR-1 (Sahaj) & ITR-4 (Sugam) forms for AY 2025–26. Updated rules include LTCG reporting, income limits, and filing tips for small taxpayers.
Allahabad High Court quashes GST demand against a deceased assessee, stating no provision allows tax determination against a dead person under Section 93.
ITAT Mumbai holds flat received by illegal occupant as non-taxable capital receipt, reversing additions made under Section 56(2)(vii)(b) and denial of 54F deduction.
Explore the role of judicial discipline in GST and indirect taxes. Understand its implications, binding nature of precedents, and challenges faced in litigation.
