The Tribunal ruled that leftover offshore materials used at Bombay High had already suffered duty and were not freshly imported, making the customs demand and penalties ...

Relying on Supreme Court precedents, the Court held that economic offences involving public money cannot be quashed unless no offence is disclosed. The petition was dismissed for lack of exceptional ...

The High Court granted bail in a ₹35 crore GST evasion case, noting the petitioner’s voluntary deposit of ₹1.25 crore and medical grounds, subject to strict ...

The Tribunal set aside adjustments made under Section 143(1) after finding ambiguity on whether reasonable opportunity was granted. Issues were remitted to the Assessing Officer for fresh ...

The Uttarakhand High Court held that mere suspicion about a spouse’s character and strained marital relations do not amount ...

The Supreme Court stayed recovery of tax and interest demanded for non-deduction of TDS on foreign LTC reimbursements. The matter has been tagged with a related SLP for further ...

The High Court ruled that LTC involving foreign travel is not exempt under Section 10(5) and TDS must be deducted under Section 192. The appeal was dismissed as no substantial question of law ...

This guide breaks down India’s income tax system, including tax heads, old vs new regimes, and core principles like equity and ...

India taxes Virtual Digital Assets at 30% with strict loss restrictions. The article evaluates whether this regime is economically viable long ...

GSTN has introduced auto-computation of interest and auto-population of liability breakup in GSTR-3B from January 2026. The update strengthens system-based compliance and limits manual discretion in ...

GAAR allows authorities to deny tax benefits from impermissible avoidance arrangements. The article evaluates whether it protects revenue without harming investor ...

The Authority held plastic compostable bags classifiable under HSN 3923 29 90, and clarified that 5% GST under Notification 9 ...