News Updates
Madras High Court Upholds Penalty Waiver Under Section 80 For Financial Crisis In Service Tax
05 Aug 2026
Supreme Court Rules States Cannot Cite Financial Burden To Delay Judges Retiring At Sixty-Two
06 Aug 2026
Rajasthan High Court Demands Comprehensive Affidavit To Remove Encroachments Affecting Critical Ramgarh Dam Water Flow
06 Aug 2026
How Does Algorithmic Bias In Forest Governance Impact Adivasi Rights In Modern India Today?
06 Aug 2026
Christ University Pune Lavasa Hosts International Conference On Indian Knowledge Systems And Global Governance
06 Aug 2026
Bombay High Court Rules Pre-2015 Unilateral Arbitrator Appointments Valid if Contractually Authorized by Agreement
06 Aug 2026
Madras High Court orders TASMAC to issue bills for every liquor sale amid overcharging row
07 Aug 2026
Ernst & Young Announces Applications for Senior Associate Role in Legal Practice
08 Aug 2026
Kerala High Court Salutes R. Rajesh's Supreme Sacrifice, Urges Vigilance in Kochi Flood Prevention
08 Aug 2026
Search Results for "Taxation Laws News | Supremetoday AI"
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...
Supreme Court Denies DTAA Benefits for Impermissible Tax Avoidance in Tiger Global Case
#GAAR #DTAA
Supreme Court Rejects Treaty Benefits for Tiger Global in Flipkart Share Sale, Upholds GAAR Against Tax Avoidance Introduction In a landmark decision, the Supreme Court of India has upheld the Authority for Advance Rulings' (AAR) refusal to grant benefits under the India-Mauritius Double Taxa...
Hiring Global Speakers for Summit Not Taxable as Event Management Service: Supreme Court
#ServiceTax #SupremeCourt
Supreme Court Rules Hiring Global Speakers for Media Summit Not Taxable as 'Event Management Service' Introduction In a significant ruling for the media and event industry, the Supreme Court of India has held that contracts entered into by HT Media Limited for hiring international speakers fo...
Supreme Court Rules Tiger Global Liable for Flipkart Tax
#GAAR #SupremeCourtIndia
Supreme Court Rules Tiger Global Liable for Flipkart Tax: GAAR Pierces DTAA Protections In a landmark judgment that reinforces India's tax sovereignty and cracks down on treaty shopping, the Supreme Court of India has ruled that U.S.-based investment firm Tiger Global must pay capital gains t...
ITAT Clarifies Tax Treatment of CSR and Export Incentives
#ITAT #GSTIndia
ITAT Clarifies Tax Treatment of CSR and Export Incentives In a significant week for Indian tax jurisprudence, the Income Tax Appellate Tribunal (ITAT) delivered a series of rulings that underscore the importance of procedural fairness and substantive analysis in tax assessments, particularly ...
Shares in Amalgamation Taxable as Business Income if Stock-in-Trade: Supreme Court under Section 28
#IncomeTaxAct #SupremeCourtTaxRuling
Supreme Court Rules: Shares Received in Company Amalgamation Taxable as Business Income if Held as Stock-in-Trade under Section 28 Introduction In a significant judgment that could reshape the taxation landscape for corporate mergers, the Supreme Court of India has held that shares received b...
Purchases Cannot Be Treated Bogus Solely on Delayed Employee Statements Without Incriminating Evidence: ITAT Mumbai
#ITATJudgment #BogusPurchases
ITAT Mumbai Deletes ₹2.70 Crore Addition for Alleged Bogus Purchases in Kalpataru Case, Stressing Need for Corroborative Evidence Introduction In a significant ruling for tax practitioners and businesses dealing with legacy transactions, the Income Tax Appellate Tribunal (ITAT) Mumbai Bench h...
ITAT Jaipur Remands Case for Opportunity to Disprove PAN-Linked Bank Account Ownership
#ITATJudgment #UnexplainedIncome
ITAT Jaipur Grants Taxpayer Fresh Opportunity to Disown PAN-Linked Bank Account in Rs 76 Lakh Unexplained Deposits Case Introduction In a ruling that underscores the importance of procedural fairness in tax assessments, the Income Tax Appellate Tribunal (ITAT) Jaipur Bench has remanded a case...
Delhi HC Orders Release of Seized Jewellery After Family's ₹2.5 Cr Tax Deposit
#IncomeTax #DelhiHighCourt
Delhi High Court Directs Release of Seized Family Jewellery and Cash in Tax Raid Case Upon ₹2.5 Crore Advance Tax Deposit Introduction In a pragmatic decision that balances the financial interests of the revenue with the personal hardships faced by taxpayers, the Delhi High Court has ordered ...
Delhi HC Allows Vodafone Idea to Withdraw GST Refund Writ for Statutory Appeal
#GSTRefund #DelhiHighCourt
Delhi High Court Permits Vodafone Idea to Pursue GST Refund Dispute via Statutory Appeal Introduction In a recent ruling, the Delhi High Court has declined to entertain a writ petition filed by Vodafone Idea Limited (Vi) challenging the rejection of its ₹10.91 lakh GST refund claim, instead g...
