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Bombay High Court Rejects Attempt to Stall Reassessment Over Seized Documents
Bombay HC fines petitioner for misuse of judicial process in tax reassessment case involving seized documents.
Apr 6, 20242 min read
Income Tax Appellate Tribunal, Mumbai Rules Subscription Fees as Non-Taxable Business Profits for Assessee Without Permanent Establishment in India
Introduction In a significant decision, the Income Tax Appellate Tribunal (‘ ITAT ’), Mumbai in the case of American Chemical Society v....
Apr 4, 20244 min read
Bombay High Court Overturns Unfair CGST Penalty on Salaried Employee
Bombay High Court vindicates employee in CGST penalty case, spotlighting the need for precise tax law enforcement.
Apr 3, 20243 min read
ITAT Rules Management Services Not Taxable as 'Royalty' under India-Netherlands DTAA
Management services aren't taxable as 'royalty': India-Netherlands DTAA-ITAT. Discover why a significant ruling overturned a tax assessment.
Apr 2, 20242 min read
Madras High Court Overrides S. 80 of the CGST/TNGST Act: Allows Payment of Self-assessed GST Liability in Instalments
Introduction In a pivotal decision by the Madras High Court ( ‘MHC’ ) in Angel Label Division & Angel Zippel (HUF) v. Assistant...
Apr 1, 20242 min read
ITAT New Delhi Quashes Assessment Order for Lack of Conclusive Evidence
ITAT New Delhi overturns ruling due to unsubstantiated evidence, setting a vital precedent for future tax assessments.
Mar 30, 20243 min read
GST Exemption for Hostel Services Upheld: Madras High Court Delivers Landmark Judgment
Introduction The Hon’ble High Court of Madras ( ‘HC’ ), in its recent decision in Thai Mookambikaa Ladies Hostel v. Union of India [i] ,...
Mar 29, 20244 min read
Delhi High Court Upholds Legitimate Business Expenses: No Transfer Pricing Adjustment for Intra-Group Services
Delhi HC asserts firms' right to decide on intra-group dealings without undue tax adjustments.
Mar 29, 20242 min read
[Punjab & Haryana HC] Bail Granted to the Accused Considering Excessive Pre-Trial Detention and No Possibility of Influencing Witnesses
Punjab & Haryana HC Grants Bail Amid Unjust Long Detention, Affirms Legal Presumptions of Innocence
Mar 26, 20243 min read
Cheating Requires Inducement, Merely Receiving Money from the Victim Insufficient: SC Quashes Criminal Proceedings
Introduction In a significant judgment that clarifies the legal boundaries of criminal liability in cases of alleged cheating, the...
Mar 25, 20243 min read
Legal Oasis: Bombay High Court affirms Clean Slate Principle in Resolution Plan Approval
Introduction The Hon’ble Bombay High Court ( ‘BHC’ ), in its recent judgment in Shirdi Industries Ltd. v. Art Studio [i] , addressed an...
Mar 25, 20243 min read
Income Tax Assessments Insufficient for Dismissing Corruption Charges
Introduction In the matter of Puneet Sabharwal v. CBI [i] , the Hon’ble Supreme Court (‘SC’) dismissed the appeals seeking to discharge...
Mar 23, 20245 min read