India - High Court of Karnataka

Mandatory Pre-Deposit Under Section 129E Customs Act Not Waivable for Financially Sound Importers: Karnataka HC

Karnataka HC Denies Waiver of Mandatory Pre-Deposit in Customs Appeal for Edible Oil Importer Introduction In a ruling that underscores the stringent application of statutory pre-deposit requirements in tax appeals, the Karnataka High Court has dismissed a writ petition filed by M/s Parsions ...

05 Jan 2026

India - Supreme Court

2025 Supreme Court and ITAT Digests: Key Rulings on Administrative Functions and Tax Disputes

2025 Supreme Court and ITAT Digests: Key Rulings on Administrative Functions and Tax Disputes In the ever-evolving landscape of Indian law, the Supreme Court's Annual Digest for 2025 on Administrative Law, alongside the comprehensive Income Tax Appellate Tribunal (ITAT) Decisions Digest, offe...

25 Dec 2025

India - High Court of Delhi

Delhi HC Rules S.153C Trigger Begins on Handover Date, Not Search

Delhi HC Rules S.153C Trigger Begins on Handover Date, Not Search New Delhi, December 20, 2025– In a significant ruling that could reshape the procedural landscape for income tax assessments linked to search operations, the Delhi High Court has held that proceedings under Section 153C of the ...

20 Dec 2025

India - High Court of Kerala

Kerala HC Rules Interest on Delayed AIT Not Deductible Under Section 37

Kerala HC Rules Interest on Delayed AIT Not Deductible Under Section 37 In a significant ruling for taxpayers dealing with agricultural income, the Kerala High Court has held that interest paid on delayed remittances of Agricultural Income Tax (AIT) is not allowable as a deduction under Secti...

05 Dec 2025

India - Income Tax Appellate Tribunal

ITAT Deletes ₹10.84 Cr Addition Against Preity Zinta Under Section 68

ITAT Deletes ₹10.84 Cr Addition Against Preity Zinta Under Section 68 In a significant victory for Bollywood actress and high-profile taxpayer Preity G. Zinta, the Income Tax Appellate Tribunal (ITAT) Mumbai has deleted a substantial ₹10.84 crore addition made to her income under Section 68 o...

04 Dec 2025

India -

This Week in Law: Supreme Court Tackles 'Digital Arrests', Clarifies ITC Rules, and Settles Key Arbitration Jurisprudence

This Week in Law: Supreme Court Tackles 'Digital Arrests', Clarifies ITC Rules, and Settles Key Arbitration JurisprudenceThe past week has seen a flurry of significant legal developments across India's constitutional and high courts, with landmark rulings impacting tax, arbitration, criminal,...

22 Oct 2025

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Improper Section 263 Invocation: ITAT Reverses PCIT's Order Overturning a Valid Assessment of Section 80IC Deduction

ITAT Overturns PCIT's Revision Order: SBS Biotech Unit II Wins Section 80IC Deduction DisputeThe Income Tax Appellate Tribunal (ITAT), Chandigarh Bench “B”, recently handed down a significant judgment inITA No. 413/Chd/2024, reversing a Principal Commissioner of Income Tax (PCIT)'s order tha...

04 Mar 2025

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The Income Tax Appellate Tribunal ruled that the Principal Commissioner of Income Tax (PCIT) improperly invoked revisionary powers under Section 263, as the Assessing Officer (AO) had conducted adequate inquiries and the assessment was neither erroneous nor prejudicial to the interests of revenue.

Tribunal Overturns PCIT'sRevision of Income Tax AssessmentBackgroundIn a significant ruling by the Income Tax Appellate Tribunal (ITAT) in Amritsar, the case ofPoonam Marwaha vs. ACITwas examined. The appellant, Poonam Marwaha, a sole proprietor engaged in the wholesale and retail trading of ...

09 Feb 2025