CBDT introduces AI/ML for ITR scrutiny selection. Automated risk scoring based on data mismatches demands greater accuracy from taxpayers and CAs.
Explore key GST misconceptions, including ITC on assets, RCM rules, GSTR-9 filing, and ITC eligibility on business expenses under Indian GST law.
Supreme Court upholds government’s right to cancel tenders to protect state finances, limiting judicial review in such matters.
SC rules against mandatory arrest for chargesheet filing under Section 170 CrPC, especially for cooperating accused. Siddharth’s anticipatory bail allowed.
ITAT Bangalore rules in favor of assessee, cancels penalty under Section 271D for cash loans taken from close relatives, citing reasonable cause.
CBI arrests IRS officer and private individual for allegedly undermining the Faceless Tax Scheme by leaking confidential info for bribes. Investigation ongoing.
Supreme Court rules against denial of cross-examination in excise duty case (Andaman Timber vs Commissioner), citing natural justice violation.
Mumbai ITAT dismisses tax additions on share sale gains and purchase cost, citing assessee’s documentation and accepted source in prior assessment.
ITAT Mumbai ruled in favor of an auto-rickshaw driver, rejecting a ₹103 Crore income addition, citing insufficient investigation by the AO.
Summary of recent GST High Court decisions on refund validity, tax evasion penalties, provisional attachment limits, ITC denial, and writ petition maintainability.
