HomeTop Stories

Top Stories

Keep exploring

Revision Invalid Where AO Conducted Detailed Enquiry on Venture Capital Fund Exemption: Bombay High Court

The Bombay High Court has dismissed an appeal filed by the Income Tax Department,...

EU and India Finalise Historic Free Trade Agreement, Creating One of the World’s Largest Trade Zones

In a landmark development for global trade, the European Union and India have concluded...

Customs Duty Demand Based Solely on Third-Party Emails, Retracted Statements Quashed: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad, has quashed customs duty...

S. 11D Inapplicable Where No Excise Duty Shown or Collected During SSI Exemption: CESTAT 

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Bengaluru, has quashed multiple excise...

Airlines Liable for TDS on Agent Commission, But Only Interest Recoverable if Agent Already Paid Tax: Delhi HC

The Delhi High Court has held that foreign airlines are liable to deduct tax...

GST Dept. Can’t Reopen Scrutiny After Dropping Proceedings U/s 61(2): Madras High Court

The Madurai Bench of Madras High Court has ruled that the GST department cannot...

Telangana High Court Stays GST Demand Raised Through Composite Order Covering 4 FYs

The Telangana High Court has granted interim relief to assessee by staying the recovery...

Revision Under Black Money Act Invalid Where Assessment Completed After Due Inquiry, Disclosure Accepted: ITAT

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has set aside revisionary proceedings...

Union Budget 2026-27: Meet Officials Behind Sitharaman’s Budget Preparations

As Finance Minister Nirmala Sitharaman moves towards the final stage of preparations for the...

Taxpayer Can’t Escape Statutory Consequences by Shifting Blame to CA for Failure to Respond to GST Portal SCN: Delhi High Court

The Delhi High Court has dismissed a batch of writ petitions challenging ex-parte GST...

Global Rating Agencies Expect India to Take a Cautious Approach in Budget 2026, Focus on Growth Over Sharp Deficit Cuts

Global credit rating agencies such as S&P Global Ratings, Moody’s Ratings and Fitch Ratings...

Calcutta High Court Stays Income Tax Reassessment for Non-Application of Mind to Assessee’s Replies

The Calcutta High Court has stayed reassessment proceedings initiated under Section 148 of the...

Latest articles

DGFT Restores Full RoDTEP Rates, Withdraws 50% Cap on Export Benefits

The Directorate General of Foreign Trade (DGFT) has restored full benefits under the Remission...

IOCL Wins in Supreme Court: NGT Orders Quashes, Petrol Pump Project Cleared After 6 Year Delay

The Supreme Court of India has set aside orders passed by the National Green...

GST | 2 Demand Notices Can’t Be Created For One Order: Allahabad HC

The Allahabad High Court has held that two demand notices cannot be created for...

Supreme Court Restores Confiscation Proceedings Against Relatives Despite Death of Accused Public Servant

The Supreme Court has held that confiscation proceedings against properties allegedly acquired through corruption...