ITAT Deletes Section 50C Addition as 10% Tolerance Limit Applies Retrospectively
ITAT Kolkata deletes ₹9.94 lakh Section 50C addition, holding 10% tolerance limit retrospectively applicable where DVO valuation difference was only 8.50%.
No Section 41(1) or 68 Addition on Suspicion: ITAT Mumbai
161 Legal Compliances and Legal Updates for Sep-2026 in India
41 FAQs on SFIO-ED nexus for investigations and Adjudications across India
Tax Audit FY 2025-26: Section 44AB, Form 3CD Nuances & AY 2026-27 Changes
Income Tax & GST Dahi Handi: Five Layers of the Tax Pyramid
HUF Tax Rules 2026-27: New Regime, Slabs, Deductions & Tax Planning
Chennai ITAT Quashes U/s 143(3) r.w.s. 144C Order on Dissolved Company
Compensation Received Six Years Late: Karnataka HC Directs Condonation for TDS Refund
Calcutta HC Allows Extension of ITC Rectification Time Under Section 16(5)
GST Appeal Filed Before Section 107 Order Is Passed Not Maintainable: GSTAT Chennai
Bombay HC Declines Interim Relief Over GST Recovery Citing Unjustified Delay
GSTAT Finds Nil Profiteering as Cost Escalation Offsets GST ITC Benefit
ECLGS 5.0: ₹2.55 Lakh Crore Credit Support for MSMEs, Non-MSMEs and Airlines
CCPA Imposes ₹10 Lakh Penalty on Dial4Trade for Online Listing and Sale of Ammonium Nitrate Without Mandatory Safeguards
EPFO Invites PF Trusts to Seek Retrospective Exemption Regularisation under EPF Scheme 2026 Amnesty
EPFO VISHWAS 2026 Scheme Offers Reduced EPF Damages for Long-Pending Disputes
SC Sets Aside ₹425 Crore Customs Penalty Due to Fake AI-Generated Case Laws
CESTAT Mumbai Deletes Section 112(a) Penalty on Customs Hawaldar for Lack of Proof
Customs Cannot Indefinitely Detain Imported Car Without Seizure Order: Gujarat HC
Condonation of 968-Day Customs Appeal Delay Denied for Prolonged Inaction: Delhi HC
Kerala HC Rejects Limitation Objection Against Official Liquidator’s Recovery Claim
NCLT Mumbai Admits Section 7 IBC Application Over Rs.11.83 Crore Default
From NCLT to Regional Director: Evaluating Fast-Track Demerger Framework
NCLT Chennai Dismisses Section 9 IBC Plea Over Disputed Success Fee in EY Case
ITAT Chennai Rejects DR Objection Over Counsel’s CIC Appearance
ITAT Chennai rejects the conflict objection, remands ₹80.32 lakh management fee TP issue, upholds 80IA relief and disallows delayed PF/ESI.
Bombay HC Upholds Deduction for Scientifically Estimated Major Repairs Provision
Bombay High Court holds provision for major road repairs allowable where contractual liability is certain and estimate is scientifically reliable.
Pune ITAT Restores ₹1.73-Crore Penalty U/s 271(1)(c) on Capital Expenditure Claim
ITAT Pune restores ₹1.73 crore penalty after holding retiring partner settlement payment was capital expenditure and inaccurate particulars were furnished.
Aijaz Hussain Malik is a JKAS officer currently serving as State Taxes Officer in Srinagar, Circle-C,…
Contributor on tax, GST and corporate-law developments.
