News Updates
Kerala High Court Salutes R. Rajesh's Supreme Sacrifice, Urges Vigilance in Kochi Flood Prevention
08 Aug 2026
Supreme Court Backs Balanced Calcutta High Court Order on TMC Frozen Accounts in ED Probe
12 Aug 2026
Subsisting Contract Cannot Create Continuing Cause of Action for Time-Barred Debt: Supreme Court
13 Aug 2026
Supreme Court Records Centre's Assurance That Pre-2026 Transgender Identity Cards Stay Valid
17 Aug 2026
Allahabad High Court Grants Bail to Javed Akhtar in GST ITC Fraud Case, Citing Undue Delay
19 Aug 2026
SC Collegium Recommends Appointing Advocate, Judicial Officer to Gauhati High Court
19 Aug 2026
RPNLUP Denies Recruitment Irregularities, Files Police Complaint Amid State Law Department Inquiry
21 Aug 2026
Bombay High Court Pulls Up BMC for Defying Assurance on Bandra Football Ground
21 Aug 2026
Supreme Court Rules Caste Abuse Inside Closed Room Not Public View Under SC/ST Act
21 Aug 2026
Search Results for "Taxation Laws News | Supremetoday AI"
Supreme Court Dismisses Revenue's Appeal Against Tata Realty, Follows Morgan Stanley Precedent
#TaxLaw #IncomeTax #SupremeCourt
Supreme Court Dismisses Revenue's Appeal Against Tata Realty, Follows Morgan Stanley PrecedentTheSupreme Court of Indiahas dealt a decisive blow to theIncome Tax Department’s efforts to reopen a dispute withTata Realty & Infrastructure Ltd., dismissing aspecial leave petitionchallenging aBomb...
Gujarat AAR: Outdoor Playground Equipment Under Heading 9506 Attracts 5% GST
#GST #Classification
Gujarat AAR: Outdoor Playground Equipment Under Heading 9506 Attracts 5% GSTIn a significant ruling that clarifies the GST treatment of outdoor recreational equipment, theGujarat Authority forAdvance Ruling(AAR)has held that outdoor playground equipment and outdoor gym equipment are classifia...
Aditya Birla Real Estate's Captive Power Pricing Upheld by ITAT Mumbai as Valid Internal CUP
#TransferPricing #ITAT #CaptivePower #Arm'sLengthPrinciple #IncomeTaxAppeal
Aditya Birla Real Estate's Captive Power Pricing Upheld by ITAT Mumbai as Valid Internal CUPTheMumbai bench of the Income Tax Appellate Tribunal (ITAT)has delivered a significant ruling ontransfer pricingofcaptive power transactions, holding that electricity rates actually paid by a taxpayer'...
CESTAT Allahabad Quashes Value Enhancement on Seafox Impex as Acceptance Letters Lacked Import Data
#CustomsLaw #CESTAT
CESTAT Allahabad QuashesValue EnhancementonSeafox Impexas Acceptance Letters Lacked Import DataTheCustoms, Excise & Service Tax Appellate Tribunal (CESTAT), Allahabad, has delivered a significant ruling concerning theevidentiary weightofwritten acceptancesof enhanced customs values. In a deci...
GSTAT Lucknow Holds E-Invoice Lapse Alone Cannot Establish Tax Evasion, Sets Aside 63.72 Lakh Penalty
#GST #TaxEvasion
GSTAT Lucknow Holds E-Invoice Lapse Alone Cannot Establish Tax Evasion, Sets Aside 63.72 Lakh PenaltyTheLucknow Bench of theGoods and Services Tax Appellate Tribunal(GSTAT) delivered a significant ruling on28 September, holding that a mere procedural failure to generate an e-invoice in time, ...
Karnataka High Court Rules Compulsory Property Acquisition Not Subject to GST, Orders Refund with Interest
#GST #KarnatakaHighCourt
Karnataka High Court Rules Compulsory Property Acquisition Not Subject to GST, Orders Refund with InterestIn a significant ruling that clarifies the scope of the Goods and Services Tax (GST) regime, theKarnataka High Courthas held that thecompulsory acquisitionof immovable property by the Sta...
Delhi High Court to Decide if Section 123 Presumption Applies to Mastermind Bharat Shantilal Shah
#CustomsAct #DelhiHighCourt
Delhi High Courtto Decide ifSection 123 PresumptionApplies toMastermindBharat Shantilal ShahTheDelhi High Courthas agreed to examine a critical question under the Customs Act: whether thestatutory presumptionof smuggled goods under Section 123 can be applied to a person alleged to be the “mas...
Delhi High Court Orders Opening of Taxpayer's Locker Seized Over 30 Years as 'Really Troubling'
#TaxLaw #IncomeTax
Delhi High Court Orders Opening of Taxpayer's Locker Seized Over 30 Years as 'Really Troubling'TheDelhi High Courthas directed theIncome Tax Departmentto open a taxpayer’s locker that remained under seizure for more than three decades, remarking that the continued retention of the locker serv...
Delhi High Court Remits VAT Assessment, Orders Fresh Look at Tax Paid on Subsequent Sales
#VAT #DelhiHighCourt
Delhi High Court Remits VAT Assessment, Orders Fresh Look at Tax Paid on Subsequent SalesTheDelhi High Courthas set aside a VAT assessment that had imposed a substantial tax demand and penalty on a jewellery store based on an alleged stock shortage discovered during a survey. The division ben...
Rajgrin Infralink's delay condonation plea allowed by Gujarat HC despite pending appeal
#IncomeTax #CondonationOfDelay
Rajgrin Infralink's delay condonation plea allowed by Gujarat HC despite pending appealTheGujarat High Courthas ruled that a taxpayer’s application forcondonation of delayin filing an income tax return can be examined on its merits even after anassessment orderhas been passed and an appeal ag...
