ITAT Delhi: Additions based on CBEC data without enquiry unsustainable; explained demonetisation cash deposits not taxable and section 115BBE inapplicable, 23-01-2026
The High Court Delhi: Sets Aside Section 195(2) Certificate — “Virtual Service” PE Not Recognisable Under India–UK DTAA; Matter Remanded for Fresh Order, 14-01-2026
The High Court Delhi: Holds Recovery Illegal Without Assessment Order; Directs Income-Tax Department to Refund Rs. 11,14,660 or Serve Order by 31 March 2026, Declares Tax Demand Unenforceable, and Bars Further Recovery in AY 2001–02, 12-01-2026
The Supreme Court: Substitution of Stock-in-Trade Shares on Amalgamation Taxable as Business Income under Section 28 Only upon Allotment and Commercial Realisability of Shares — Matter Remitted for Factual Determination (In Favour of Revenue), 09-01-2026
ITAT Mumbai: Section 69 addition deleted - On-money allegation based solely on third-party statement and uncorroborated pen-drive data held unsustainable; violation of natural justice, 30-12-2025
ITAT Chennai: Search Assessment: Only Real Income Taxable—Gross Receipts Cannot Be Added Ignoring Business Outflows; Peak Credit Covers Sections 69A/69C; Reassessment Quashed for Want of Proper Sanction under Section 151; Assessee Appeals Allowed, Revenue Appeals Dismissed, 30-12-2025
ITAT Delhi: Penalty under section 271D not leviable on cash received towards genuine sale of immovable property when transaction is accepted in assessment and duly offered to tax, 23-12-2025
ITAT Jaipur: Interest on Borrowed Capital for Commercial Property - Disallowed as Business Expense for Non-Use, but Allowable under Section 24(b) Against House Property Income Subject to Annual Value Computation, 18-12-2025
Landmark Supreme Court Ruling Clarifies Interpretation Principles and Holds Section 44C Applicable to All Head Office Expenditure of Non-Resident Assessees, Whether Common or Exclusive, Dated - 15-12-2025
ITAT Madras: Quashes AY 2017–18 Assessment for Unauthorized Expansion of Limited Scrutiny; Rs.113.47 Crore Section 68 Addition Deleted as Business-Succession Gain under Section 47(xiv) and Gifts from Relatives under Section 56 Held Exempt, 15-12-2025
The High Court of Bombay: Three-Month Gap Between SCN and Adjudication Order Under Section 73 CGST Act Held Mandatory; Orders Passed Earlier Quashed, 17-01-2026
The Supreme Court: Refund With Interest Ordered Under Sections 107(6) & 115 — High Court’s Use of Section 54 Overruled, 09-01-2026
The High Court of AP: Restoration of GST Registration; Reversal of Closing ITC Unsustainable After Restoration of GST Registration; Assessment Order Set Aside, 07-01-2026
The High Court of Madras: GST Annual Return Delay: Late Fee Is Penal; General Penalty Barred; Amnesty Benefit Extended to Pre-01.04.2023 Filers; Post Cut-off Filers Denied Waiver but Penalty Set Aside, 02-01-2026
The Madras High Court: Delayed Appeal Subject to 50% Tax Deposit, Orders Conditional Lifting of Bank Attachment, 02-01-2026
The High Court of Gujarat: Quashes Reclassification: Crushed, Non-Fermented Tobacco Packed in Retail Pouches Held “Unmanufactured” under CTH 2401; Mere Cleaning, Sieving and Repacking Not Manufacture; End-Use Irrelevant; GST and Compensation Cess Demands under CTH 2403 Set Aside, 19-12-2025
The High Court of Allahabad: Wrong PIN Code in E-Way Bill, With Correct Address and No Tax Evasion, Does Not Justify Detention Under Section 129 CGST Act; Seizure Orders Quashed and Refund Directed, 18-12-2025
The High Court of Gauhati: Permits Revocation and Revival - GST Registration Cancelled for Non-Filing of Returns Can Be Restored on Filing Pending Returns and Compliance with Rule 22(4), 18-12-2025
The High Court of Madras: Multi-year show-cause notice (SCN) is invalid; proceedings must respect the year-wise statutory structure. The respondents may re-issue separate, appropriate notices for each assessment year and proceed only within the limits prescribed by the statute. 11-12-2025
The High Court of Delhi: Quashes Rs.45.36 Cr GST Demand on NBCC: Section 86 CGST Act Applies Only to Goods, Agent Not Liable for Services Rendered on Behalf of Principal, 09-12-2025