Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Institute of Chartered Accountants of India (ICAI) has added a mandatory checklist for Section 44AB(e) during the Unique Document Identification Number (UDIN) generation process to prevent misuse of tax audit limits.
India’s affluent individuals employ strategic tax management under the Income Tax Act, 1961, to minimize their tax liabilities. This approach reflects a growing trend among high-net-worth households to report lesser income relative to their wealth.
A summary of key cases reported in the Supreme Court and High Courts from May 09, 2026, to May 15, 2026.
The Calcutta High Court ruled that a motor vehicle tax demand is void unless the inter-state permit secured a valid counter-signature, reinforcing tax obligations tied to proper permitting.
The Gauhati High Court has permitted the impleadment of the CBIC Chairman and Customs Commissioners as necessary parties in a writ petition, emphasizing their essential role in the proceedings.
This weekly round-up provides an analytical summary of significant cases reported from the Supreme Court and High Courts in India, covering various legal issues.
The Income Tax Appellate Tribunal (ITAT) has issued critical rulings from 9 to 16 May 2026, including significant interpretations of tax provisions. Key takeaways include rulings on depreciation of goodwill and the application of Section 45(5A).
The ITAT Delhi ruled that State Electricity Board (SEB) rates represent the appropriate benchmark for captive power transfers, overruling IEX rates.
The Income Tax Department has made available the Excel utilities for filing ITR-1 and ITR-4 for the assessment year 2026-27, facilitating taxpayer compliance.
CESTAT ruled that Bluetooth wireless earphones should be classified under heading 8518 for audio devices rather than as data transmission machines, reaffirming their primary function.
CESTAT Ahmedabad ruled that a partnership firm penalized under customs law cannot have a separate penalty imposed on its partners for the same violation unless specifically provided by statutes.
The Calcutta High Court has allowed the withdrawal of appeals and granted condonation of limitation under the Limitation Act for filing before the Sales Tax Appellate Authority, ensuring compliance with relevant statutory conditions.