AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Supreme Court has set aside High Court orders that quashed JAO-issued reassessment notices, permitting taxpayers to challenge the retrospective Section 147A amendment in a forthcoming hearing.
In a significant ruling, the Karnataka High Court has granted interim bail to employees in a ₹100 crore GST fraud case, allowing them to approach the Chennai court. The court emphasized ensuring appropriate terms to mitigate flight risks.
The Telangana High Court permitted a fresh manual application for revocation of a cancelled GST registration, overriding a previous rejection due to non-response to a show cause notice.
The Bombay High Court ruled that the 2019 amendment to Section 54(1) of the GST Act applies prospectively, ensuring that refund claims related to pre-existing periods are still valid. The court directed that these refund applications must be processed accordingly.
The High Court has set aside the cancellation of GST registration, determining that the lack of specific factual reasons in the show cause notice left the taxpayer without a fair opportunity to respond.
The ITAT quashed an assessment due to a Section 143(2) notice issued by a non-jurisdictional Assessing Officer, highlighting the need for valid transfer orders.
The ITAT invalidated a transfer pricing adjustment of ₹85 crore due to a lack of digital signature on the order. This ruling emphasizes the necessity of proper authentication in tax orders.
The Karnataka High Court has determined that the provision of standard banking facilities by banks does not constitute a 'declared service' under section 66E(e) of the Finance Act.
Kerala's Revised Budget for 2026-27 launches amnesty schemes and vehicle tax adjustments to enhance compliance and promote vehicle registrations.
The Supreme Court upheld the GST framework for actionable claims, clarifying that they have been taxable since GST's inception.
The ITAT Kolkata ruled that the CPC cannot process returns under Section 143(1) once a Section 143(2) scrutiny notice has been issued, quashing the intimation provided.
The ITAT Kolkata emphasized that the CPC must consider pending condonation applications before deciding on exemption claims under Section 11 when Form 10B is delayed.
The ITAT Cochin determined that land integral to an approved housing project must meet the one-acre requirement for Section 80-IB(10) deductions, ruling that unrelated land cannot be counted.