ITAT Delhi: Upholds Deletion of Additions for Directors' Loans, Bad Debts and Estimated Profit; Dismisses Revenue Appeals, 03-07-2026

The Supreme Court: AI-Hallucinated or Fake Legal Citations Render Judgments Unsustainable; Human Verification Mandatory, 02-07-2026

ITAT Jaipur: Rebate under Section 87A allowable on Short Term Capital Gains taxable under Section 111A under the new tax regime, 25-06-2026

ITAT Delhi: Restricting the gross profit addition on alleged bogus purchases to 1% instead of 2.88%, holding that although sales were accepted and supported by banking and VAT records, a reasonable estimation of profit was still justified., 24-06-2026

ITAT Ahmedabad: Quashes Rs. 10.03 Crore Section 69A Addition; Holds Recorded Business Receipts Supported by Books, VAT Records and Documentary Evidence Cannot Be Treated as Unexplained Money, 23-06-2026

ITAT Delhi: Deletes Penalty u/s 271DA: No Violation of Section 269ST Established Without Proof of Single-Day or Single-Transaction Cash Receipt, Dated - 22-06-2026

ITAT Delhi: Addition under section 69 deleted as land transactions were carried out on behalf of employer company and not as personal investment of assessee. 22-06-2026

ITAT Agra: Religious Trust entitled to exemption u/s 11 & 12 despite 12AA registration granted subsequently; donation receipts disclosed in books cannot be treated as unexplained cash credit u/s 68; section 115BBE not applicable for A.Y. 2017-18., 22-06-2026

ITAT Nagpur: Wrong Section Mentioned in ITR or Clerical Error Cannot Defeat Genuine Claim for Deduction Under Section 80P(2)(a)(i), Dated 19-06-2026

ITAT Mumbai: TDS Credit Cannot Be Denied to Employee for Employer’s Failure to Deposit Tax; Delay Condoned Due to Bona Fide Pursuit of Rectification Remedy, 18-06-2026

The High Court of Gujarat: Transitional VAT ITC Carried Forward Under GST Not Refundable in Cash; Only Re-credit to ECL Permissible, 29-06-2026

The High Court of Guwahati: Section 14 of the Limitation Act applies to exclude the time spent bona fide in rectification proceedings u/s 161 of the CGST Act; appeal cannot be rejected mechanically for want of a separate condonation application when filed within the condonable period., 24-06-2026

AAR Gujarat: Compensation Recovered from Transporters for Loss or Damage to Goods Treated as Liquidated Damages, Not Consideration for Supply, and Hence Not Liable to GST, 24-06-2026

CESTAT Chennai: Sets Aside Service Tax Demand, Holds Mark-Up on Ocean Freight Is Profit and Cannot Be Taxed Merely Because It Exceeds Actual Freight Paid, 10-06-2026

The High Court of Bombay: GST Show Cause Notice (SCN) Clubbing Multiple Financial Years Held Without Jurisdiction; Demand, Penalty and Recovery Proceedings Quashed, 09-06-2026

The High Court of Gauhati: Partners Retaining Benefits of Tax-Evasive Transactions Liable for Penalty Under Section 122(1A); Provision Applies Even to Pre-01.01.2021 Transactions Where SCN Was Issued After Its Enforcement, 08-06-2026

The Supreme Court: Permits Delayed GST Appeal Within Eight Weeks but Declines to Adjudicate Constitutional Challenge to Section 16(2)(c) CGST Act, Leaving ITC Dispute Open Before Appellate Forum, 29-05-2026

The High Court of Allahabad: Quashed a GST assessment order where notice, reply, and hearing dates were fixed on the same day, holding it violated natural justice and mandatory personal hearing requirements., 27-05-2026

The High Court of Allahabad: Section 74(5) benefit cannot be denied when timely claimed - DRC-01A was not issued before DRC-01, denying the Assessee the 15% penalty settlement window - Non-Issuance of DRC-01A Cannot Defeat Assessee’s Right to Reduced 15% Penalty Under Section 74(5) of the CGST Act., 29-05-2026

The High Court of Allahabad: FIR Charge-Sheet and Cognizance Order Against an Advocate for Filing a GST Appeal has been quashed - Professional Acts of an Advocate Cannot Constitute Criminal Conspiracy with Client., 21-05-2026