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"
Revenue Cannot Re-open Refund Quantification Once Order Attains Finality: CESTAT Chandigarh
#CESTAT #IndirectTax
Finality Prevails: CESTAT Restricts Revenue from Re-opening Settled Refund Claims In a significant ruling for the cement industry and taxpayers facing prolonged tax litigation, theCustoms, Excise and Service Tax Appellate Tribunal(CESTAT) Chandigarh Bench has sent a clear message to the tax a...
Liberal Approach to Delay Condonation and Rejection of Addition on Cash Deposits: ITAT Surat
#IncomeTaxIndia #ITATSurat
When Formalities Give Way to Justice: ITAT Surat Realigns Tax Discretion In a refreshing turn for small-scale traders, theIncome Tax Appellate Tribunal (ITAT), Surat Bench, has provided significant relief regarding the treatment of bank cash deposits. In the case ofVinodkumar Ramubhai Patel v...
Souharda Cooperative Societies Eligible for Section 80P Deductions: ITAT Panaji Bench Ruling
#IncomeTax #CooperativeSocieties
Souharda Cooperative Societies Eligible for Section 80P Deductions: ITAT Panaji Bench Ruling In a significant relief for cooperative societies operating under state-specific legislation, the Income Tax Appellate Tribunal (ITAT) Panaji Bench recently clarified the eligibility cr...
Co-operative Societies Entitled to Section 80P(2)(d) Income Tax Deductions on Interest from Co-op Banks: ITAT Panaji
#IncomeTax #TaxLitigation
ITAT Panaji Clarifies Tax Relief for Co-operative Societies: A Beacon for Credit Institutions In a potentially transformative decision for the co-operative banking sector, the Income Tax Appellate Tribunal (ITAT), Panaji Bench, has p...
Compliance with Section 72A(2) Conditions Validates Set-Off of Amalgamated Losses: ITAT Kolkata
#IncomeTaxAppellateTribunal #CorporateTaxation
ITAT Kolkata Upholds Amalgamated Loss Set-Off, Rejects Ad Hoc Loan Additions In a significant ruling for domestic companies navigating the M&A landscape, the Income Tax Appellate Tribunal (ITAT) Kolkata has clarified the application of Section 72A(2) regarding the carry forward...
Insufficient Income Escapement Under Section 149(1)(b) Bars Reassessment Beyond Three Years: ITAT Agra
#IncomeTax #TaxLitigation
ITAT Agra Rules Against Mechanical Reopening: Income Escapement Below ₹50 Lakh Threshold Invalidates Notice In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) Agra Bench has held that reassessment proceedings initiated beyond the three-year limitati...
ITAT Rules Assessee Entitled to Revised Rs. 25 Lakh Leave Encashment Exemption under Section 10(10AA): Panaji Bench
#IncomeTax #TaxLitigation
ITAT Grants Relief: Applying Revised Leave Encashment Exemption Limits Retroactively In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) Panaji Bench has clarified the applicability of enhanced exemption limits for leave encashment under S...
Interest Income from Cooperative Banks Eligible for Deduction Under Section 80P(2)(d): ITAT Panaji
#IncomeTax #CooperativeSociety #TaxDeductions
Tax Relief for Souharda Societies: ITAT Reaffirms Section 80P Eligibility In a significant ruling for cooperative credit societies, theIncome Tax Appellate Tribunal(ITAT), Panaji Bench, has clarified the scope of tax deductions underSection 80P of the Income Tax Act. The tribunal held that in...
Leasing Tea Estates for Plantation is a Composite Agricultural Activity, Not Taxable Service: CESTAT Chennai
#ServiceTax #AgriculturalExemption
Beyond the Leaf: Tribunal Grants Relief to NEPC Agro Foods in Agricultural Service Tax Dispute In a significant ruling for the agricultural sector, theCustoms, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai, has clarified the boundaries between commercial service taxation and ess...
Consignment Sales Can’t Be Reclassified As Inter-State Sales Based on Extrapolated Findings: CESTAT New Delhi
#TaxLitigation #CSTAct
Beyond Assumptions: CESTAT Limits Arbitrary Tax Reclassification of Consignment Sales In a significant ruling for taxpayers, theCustoms, Excise & Service Tax Appellate Tribunal(CESTAT) in New Delhi has clarified the limits of tax authorities when recharacterizing business transactions. The be...
