High Court Upholds Addition Where Assessee Fails to Prove Creditworthiness and Genuineness of Loan
High Court Upholds Addition Where Assessee Fails to Prove Creditworthiness and Genuineness of Loan
Background of the Case
...
Reassessment Invalid Without Fresh Material: High Court Restricts Arbitrary Reopening by Tax Department
Reassessment Invalid Without Fresh Material: High Court Restricts Arbitrary Reopening by Tax Department
Background of the Ca...
High Court Rules ITC Cannot Be Blocked for Genuine Buyer Due to Supplier’s Tax Lapse
High Court Rules ITC Cannot Be Blocked for Genuine Buyer Due to Supplier’s Tax Lapse
1. Background of the Case
The petition...
Supreme Court of India ka Decision on SFT & Undisclosed Income Cases – Detailed Explanation
Supreme Court of India ka Decision on SFT & Undisclosed Income Cases – Detailed Explanation
Background: SFT Kya Hai?
Statement of...
AO Cannot Step into the Shoes of a Businessman to Question Commercial Decisions: ITAT
AO Cannot Step into the Shoes of a Businessman to Question Commercial Decisions: ITAT
1. Background of the Case
The assessee was enga...
AAR Ruling on Classification of Dialysis Consumables under GST – Taxability and Legal Analysis
AAR Ruling on Classification of Dialysis Consumables under GST – Taxability and Legal Analysis
1. Background of the Case
The applican...
GST Applicability on Agricultural Activities – Important Court Rulings Explained
GST Applicability on Agricultural Activities – Important Court Rulings Explained
1. Introduction
GST was introduced with the objectiv...
Delhi High Court Orders Reconsideration After GST Notices Found Uploaded in Additional Notices Tab
Delhi High Court Orders Reconsideration After GST Notices Found Uploaded in Additional Notices Tab
In a significant ruling, the Delhi ...
Gujarat High Court Declines to Excuse Prolonged Delay, Emphasizes Duty of Litigants to Monitor Their Cases
Gujarat High Court Declines to Excuse Prolonged Delay, Emphasizes Duty of Litigants to Monitor Their Cases
In a significant ruling, th...
HC Grants Relief to Foreign Airline, Quashes 0.1% TDS; Orders Nil Withholding Certificate
HC Grants Relief to Foreign Airline, Quashes 0.1% TDS; Orders Nil Withholding Certificate
In a significant ruling, the High Court has ...
New Income Tax Act 2025: HRA on Rent Paid to Relatives – What Salaried Taxpayers Must Now Disclose
New Income Tax Act 2025: HRA on Rent Paid to Relatives – What Salaried Taxpayers Must Now Disclose
From April 2026, claiming House Ren...
Big Relief for Defaulting Companies – Limited Time Opportunity
COMPANIES COMPLIANCE FACILITATION SCHEME, 2026 (CCFS-2026)
Big Relief for Defaulting Companies – Limited Time Opportunity
...