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
Why Does Institutional Paralysis Persist Within India’s Lower Judiciary Recruitment Processes Across All State Boards?
07 Aug 2026
Ernst & Young Announces Applications for Senior Associate Role in Legal Practice
08 Aug 2026
Search Results for "Taxation Laws News | Supremetoday AI"
SEZ Export Claims Cannot Be Denied Solely on Lack of Machinery: CESTAT Rules in Customs Appeal
#CustomsLaw #SEZCompliance
Jewelry Industry Scores Big Win: CESTAT Sets Aside Customs Duty Demand Against SEZ Units In a significant ruling for businesses operating within Special Economic Zones (SEZs), theCustoms, Excise & Service Tax AppellateTribunal(CESTAT), New Delhi, has overturned a massive duty demand case agai...
Revenue’s Demand for Service Tax on Railway License Fees Under RCM Set Aside: CESTAT Hyderabad
#IndirectTaxation #CESTAT
More Than Just a Hoarding: CESTAT Clarifies Taxability of Railway Land Usage In a significant ruling for the outdoor advertising industry, theCustoms, Excise and Service Tax Appellate Tribunal (CESTAT)in Hyderabad has dismissed an appeal by theGST Department, clarifying the tax treatment of l...
ITAT Jabalpur Clarifies Capital Gains Chargeability and Section 54 Exemptions in Recent Ruling
#IncomeTax #CapitalGains
ITAT Jabalpur Clarifies Capital Gains Chargeability and Section 54 Exemptions in Recent Ruling In a significant decision impacting property-related tax assessments, the Income Tax Appellate Tribunal (ITAT) Jabalpur has provided clarity on the year of chargeability for capital g...
Demurrage Charges and Dispatch Money Are Not 'Taxable Services': CESTAT Hyderabad in RINL vs Visakhapatnam Case
#ServiceTax #IndirectTax
Beyond the Taxman’s Reach: CESTAT Clears Air on Demurrage Charges In a landmark decision impacting industrial logistics and trade, theCustoms, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad, has ruled thatdemurrage chargesanddispatch moneydo not qualify as "taxable services" un...
ITAT Mumbai: Mere Suspicion of 'Penny Stock' Insufficient to Sustain Section 68 Tax Additions
#IncomeTaxAppellateTribunal #Section68Taxation
Beyond Suspicion: ITAT Mumbai Restricts Revenue’s Power to Label Share Sales as 'Sham' In a significant ruling for Foreign Portfolio Investors (FPIs), theIncome Tax Appellate Tribunal (ITAT), Mumbai, has held that tax authorities cannot disregard share transactions as "sham" or "penny stock a...
Assessment Orders Containing Insufficient Enquiries Are Subject to Section 263 Revision: ITAT Raipur Bench
#IncomeTax #TaxLitigation
When Silence Is Not Golden: ITAT Raipur Reasserts Tax Authority’s Power to Review Deficient Assessments In a significant ruling for tax administration, the Income Tax Appellate Tribunal (ITAT), Raipur Bench, has affirmed the scope of the Principal Commissioner of Income Ta...
ITAT Guwahati Remands Ex-Parte Assessment for De Novo Review After Condoning Significant Delay: Income Tax Appellate Tribunal
#ITAT #TaxJustice
Justice for the Grassroots: ITAT Guwahati Grants Relief to Small Taxpayer in Ex-Parte Assessment Dispute In a significant move reinforcing the principles of natural justice, theIncome Tax Appellate Tribunal(ITAT),Guwahati Bench, has set aside an ex-parte assessment order issued against a rura...
Absence of Satisfaction Under Section 14A and Debatable Issues Bar Penalty Imposition: ITAT Bangalore
#IncomeTaxLaw #ITAT
ITAT Bangalore Clarifies Limits on Tax Penalties and Section 14A Disallowances In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) Bangalore has reinforced the necessity of procedural rigor in tax assessment. The bench, comprising Vice-President Shri...
Lack of Section 127 Transfer Order Renders Assessment Void Ab Initio: ITAT Delhi
#IncomeTax #TaxJurisdiction
Jurisdictional Overreach: ITAT Delhi Nunc Pro Tunc Voids Tax Assessment Without Proper Transfer In a landmark ruling that reinforces the sanctity of procedural mandates in tax law, the Income Tax Appellate Tribunal (ITAT), Delhi Bench, has declared an assessment order passed by...
Substantial Compliance Allows Section 35(2AB) Deduction Despite Procedural Delay in Filing Audit Report: ITAT Hyderabad
#IncomeTaxIndia #TaxLitigation
Beyond Technicalities: ITAT Hyderabad Upholds R&D Deduction Despite Reporting Delays In a significant ruling for corporate taxpayers, the Income Tax Appellate Tribunal (ITAT) Hyderabad has affirmed that procedural delays in filing statutory audit reports should n...
