Search Results for "Taxation Laws News | Supremetoday AI"

Delhi High Court Adjourns Income Tax Petitions Involving Motorsport Entities to February 2026

Delhi High Court Adjourns Income Tax Petitions Involving Motorsport Entities to February 2026

#TaxLaw #DelhiHighCourt

Procedural Update: Delhi High Court Adjourns Tax Litigation Involving Major Motorsport Teams The High Court of Delhi has formally adjourned the ongoing batch of writ petitions filed by the Commissioner of Income Tax against various international motorsport entiti...

India - High Court of Delhi Income Tax Proceedings 03 Feb 2026
Budget 2026 Exempts MACT Interest from Tax and TDS

Budget 2026 Exempts MACT Interest from Tax and TDS

#UnionBudget2026 #TaxLawIndia

Budget 2026 Brings Tax Relief: Exemption for Interest on Motor Accident Compensation Awards In a landmark policy shift aimed at alleviating the financial burdens on accident victims, Union Finance Minister Nirmala Sitharaman announced in the Union Budget 2026 speech a proposal to fully exempt...

India Tax Treatment of Motor Accident Compensation Interest 02 Feb 2026
Supreme Court to Resolve Conflicting Views on Tax Deductions for Delayed PF-ESI Deposits

Supreme Court to Resolve Conflicting Views on Tax Deductions for Delayed PF-ESI Deposits

#TaxDeduction #SupremeCourt

Supreme Court Agrees to Examine Tax Deduction Eligibility for Delayed PF and ESI Contributions In a significant development for tax law practitioners and employers across India, the Supreme Court of India has issued notice in a special leave petition challenging a Delhi High Court ruling on w...

India - Supreme Court Sections 36(1)(va) and 43B of Income Tax Act 30 Jan 2026
Income Tax Penalty Under Section 271AAB IT Act Valid If Initiated Within Limitation: Madras High Court

Income Tax Penalty Under Section 271AAB IT Act Valid If Initiated Within Limitation: Madras High Court

#IncomeTaxPenalty #MadrasHighCourt

Madras High Court Upholds Rs 1.5 Crore Income Tax Penalty on Actor Vijay, Dismisses Limitation Challenge Introduction In a significant ruling for tax compliance in the entertainment industry, the Madras High Court on February 6, 2026, dismissed a writ petition filed by actor-turned-politician...

India - High Court of Madras Limitation for Penalty Imposition under Section 275 IT Act 28 Jan 2026
Indian Courts Issue Landmark Tax and Rights Rulings

Indian Courts Issue Landmark Tax and Rights Rulings

#GSTIndia #TaxLaw

Indian Courts Issue Landmark Tax and Rights RulingsIn a pivotal week for India's legal landscape, the Supreme Court and various High Courts handed down a series of judgments from January 19 to 25, 2026, that promise to reshape tax compliance, procedural fairness, and constitutional protection...

India - Supreme Court Weekly Round-Up of Supreme Court and High Court Judgments (January 2026) 27 Jan 2026
Bombay HC Grants Interim Stay on ₹57.29 Cr GST Demand for Restaurant Service Classification

Bombay HC Grants Interim Stay on ₹57.29 Cr GST Demand for Restaurant Service Classification

#GSTClassification #BombayHighCourt

Bombay High Court Stays ₹57.29 Crore GST Demand Against Mad Over Donuts Operator in Restaurant Classification Dispute Introduction In a significant relief for the quick-service restaurant industry, the Bombay High Court has granted an interim stay on a ₹57.29 crore Goods and Services Tax (GST...

India - High Court of Bombay Classification of Over-the-Counter Sales as Restaurant Services under CGST Act Section 74 24 Jan 2026
Delhi HC Quashes Second IT Reassessment Notices as Harassment Under Section 148

Delhi HC Quashes Second IT Reassessment Notices as Harassment Under Section 148

#TaxReassessment #DelhiHighCourt

Delhi High Court Quashes Repeated Income Tax Reassessments Against NDTV Founders, Deems Them Harassment Introduction In a significant ruling for tax jurisprudence, the Delhi High Court has quashed reassessment notices issued under Section 148 of the Income Tax Act, 1961, to NDTV founders Pran...

India - High Court of Delhi Section 147/148 of Income Tax Act, 1961 20 Jan 2026
ASG Venkataraman Rebuts Anti-Investment Reading of Tiger Global Ruling

ASG Venkataraman Rebuts Anti-Investment Reading of Tiger Global Ruling

#GAAR #IndiaFDI

ASG Venkataraman Rebuts Anti-Investment Reading of Tiger Global Ruling In a pivotal intervention that could reshape perceptions of India's tax environment for foreign investors, Additional Solicitor General (ASG) Venkataraman has categorically rebutted interpretations labeling the recent Tige...

India - Supreme Court Taxation of Foreign Investments and Anti-Avoidance Measures 19 Jan 2026
Delhi HC Quashes IT Notices Against NDTV Founders

Delhi HC Quashes IT Notices Against NDTV Founders

#TaxLaw #IncomeTax

Delhi HC Quashes IT Notices Against NDTV Founders, Imposes Costs on Tax Department In a significant victory for media moguls Prannoy Roy and Radhika Roy, founders of New Delhi Television Ltd. (NDTV), the Delhi High Court has quashed income tax reassessment notices issued in March 2016, ruling...

India Quashing of Reassessment Notices Under Section 147/148 19 Jan 2026
Madras High Court Quashes Order Denying Income Tax Exemption Due to 31-Day Delay in Form 10B Filing

Madras High Court Quashes Order Denying Income Tax Exemption Due to 31-Day Delay in Form 10B Filing

#IncomeTax #MadrasHighCourt

Prioritizing Substance Over Form: Madras High Court Relief for Charitable Trust In a significant decision highlighting the judicial preference for substantive justice over rigid technical compliance, the High Court of Judicature at Madras has inter...

India - High Court of Madras Section 119(2)(b) of the Income Tax Act, 1961 19 Jan 2026
SupremeToday Landscape Ad
SupremeToday Portrait Ad

Legal Issues on Supreme Today AI

back ground Icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon Back to top