Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Gauhati High Court determined that the CBIC Chairman and Customs Commissioners are necessary parties in a writ petition. This ruling clarifies the procedural requirements for effective legal redress in customs-related cases.
The ITAT Delhi ruled that mere projections of future income cannot lead to tax additions without actual accrual or enforceable rights.
The Bombay High Court highlighted that the powers under Section 263 cannot be applied if the Assessing Officer has made inquiries and reached a plausible conclusion.
ITAT Delhi ruled that an explanation regarding cash found during a tax search cannot be dismissed as an 'afterthought' without evidential rebuttal.
The CBIC has implemented a new system for the identification and expedited clearance of hazardous cargo, effective from 01 July 2026.
CESTAT Hyderabad ruled that the mere presence of foreign markings on gold does not substantiate smuggling claims without proper contextual verification, hence the confiscation was deemed legally defective.
The CESTAT in Bangalore annulled an IGST demand, ruling the extended limitation period under section 28(4) of the Customs Act was improperly applied due to lack of suppression or intent to evade duty.
The government has raised customs duties on precious metals, including gold, silver, and platinum, following amendments to previous notifications. This marks a significant adjustment in the customs duty landscape for the sector.
The ITAT Chennai has restored an assessment matter for an assessee pending a condonation petition under Section 119(2)(b), asserting its relevance to Section 80P deduction eligibility.
The ITAT Kolkata adjusted the profit estimation on undisclosed turnover, reducing it to 2.5% from 8%, while maintaining that suppressed turnover led to certain savings.
The ITAT Delhi ruled that findings from a 2005 survey on liaison offices cannot be mechanically applied to assess taxability for a later branch office structure, directing a fresh examination of the actual functions.
The Tribunal found the order of the Dispute Resolution Panel (DRP) to be cryptic, lacking a proper analysis of business activities between the assessee and comparables. It directed a fresh examination of comparability and the Arm's Length Price (ALP) computation.