Supreme Court rules overruling judgments under NDPS Act are retrospective. Clarifies scope of Section 8, Schedule I & impact on past cases.
Supreme Court judgment: Income Tax Commissioners cannot routinely remand cases if Assessing Officer finds no additions after inquiry. Section 263 explained.
CAAR Mumbai rules Interactive Flat Panels fall under Customs Tariff Item 8528 59 00, citing 2025 budget changes and CBIC circular.
CAAR Mumbai rules 5% IGST on imported marine engines, spares, and gearboxes exclusively for use in fishing vessels, citing GST circular and precedent.
CCI investigates Google’s alleged anti-competitive agreements (TADA, ACC) with smart TV OEMs in India. Settlement reached, but concerns remain.
Madras High Court rules uploading GST notices to the common portal is sufficient but often ineffective service. Court urges tax officers to use alternate methods.
Andhra HC allows GST refund for zero-rated services despite service exclusion in registration; clarifies scope of CGST/IGST provisions.
ITAT Bangalore rules against disallowance under Section 143(1) citing invalidity of updated return filed under Section 139(8A) by co-op society.
ITAT Bangalore rules in favor of Anugraha Education Trust, clarifies 80G approval does not depend on fee receipts being donations.
Dealers registered under Value Added Tax Act (VAT Act), 2008 were duty bound to reverse or debit the input tax credit as prescribed under Section 13(6) of the VAT after the discontinuation of business by the operation of law.
