UIDAI has removed Aadhaar numbers of deceased persons to prevent fraud and unauthorized benefit claims, reinforcing database integrity through continuous sanitization.
Authorities found Dubai property acquisitions by Indian residents routed through hawala, leading to action for violations of FEMA and seizure of equivalent assets in India.
Whether interest can be demanded without being specified in the show cause notice. Ruling & Takeaway: The Court held that interest not quantified in the notice cannot be added later, reaffirming strict compliance with Section 75(7).
The Supreme Court ruled that directions to modify tax software had no nexus with the individual dispute. Relief granted to the assessee under Section 205 was left undisturbed.
The High Court refused to entertain a writ petition filed long after the assessment order. Delay could not be justified on the plea of inability to access the GST portal.
A focused session breaks down recent Budget amendments affecting NRI taxation. It highlights how changes impact income, investments, and compliance, with practical guidance to avoid costly errors.
Blurred lines between job work and supply of goods. Takeaway: Non-compliance with Section 143 can convert job work into a deemed taxable supply.
The ROC held that undertaking new activities without prior amendment of the Memorandum breaches Section 4(1)(c). Even subsequent regularisation does not erase liability for the period of non-compliance.
The Finance Bill, 2026 changes the tax treatment of share buy-backs by taxing proceeds as capital gains instead of dividend income. The move simplifies taxation and better reflects the nature of buy-back transactions.
Recent Landmark GST Rulings: Key Takeaways for GST Practitioners – An analytical roundup of judicial trends shaping GST litigation and compliance Introduction The Goods and Services Tax law is now maturing into a litigation-rich regime where courts are increasingly called upon to balance revenue protection with taxpayer rights and ease of doing business. Over the past […]
