However, the High Court acknowledged the petitioner’s contention that the Order-in-Original consolidated demands for multiple financial years, including those covered by the Amnesty Scheme. The court ...

Supreme Court of India on May 22, 2025, affirmed the constitutional validity of the Kerala luxury tax imposed on cable television services. The ruling came in the case of State of Kerala & Another Vs ...

According to the SEBI investigation, the scheme began with the company’s promoters, including Gaurav Gupta and Rakesh Kumar Gupta, engaging market operators like Manish Mishra and Subhash Agarwal.

Aggrieved by the AO’s order, Adarsh Developers appealed to the CIT (A), who sided with the assessee and allowed the claimed deduction. The CIT (A) found that the advances were intrinsically linked to ...

The Indian regulatory framework on spoofing remains scattered, along with inadequate surveillance systems to detect such trades, demanding regulatory intervention to deter such manipulative practices ...

The case, which travelled through various judicial levels, centred on the novel legal question of whether a human organ, specifically the heart, could be considered a ‘plant’ under the Income Tax Act, ...

Key concern in this case was whether reassessment initiated by AO u/s. 148 of IT Act, 1961 for AY 2012–13 was lawful. This action was based solely on a report from Assistant Director of Income Tax ...

The Goods and Services Tax Network (GSTN) announced significant updates in May 2025, focusing on compliance and process improvements. Phase-III of mandatory ...

As things stands, the Bench points out in para 6 revealing that, “Aggrieved thereof, the appellant has preferred an appeal before this Court. The significant point of challenge taken by the appellant ...

ITAT Delhi held that registered deed of new property not mandatory for claiming exemption under section 54F of the Income Tax Act. Investment in property and possession thereof sufficient for claiming ...

Gujarat High Court held that appeal filed within extended time on 15.06.2016 as per Circular No. 20/2016 dated 26.05.2016 cannot be dismissed on the ground of delay. Thus, order set aside and matter ...

The Rajasthan High Court recently intervened in a dispute between Molana Construction Company and the Central Goods and Service Tax Department, quashing an order that dismissed the company’s appeal as ...